June Blog Series: A Case For…
Insights From: Traci Didonna (Fullscope Product Architect), Recall: The Food Industry's Biggest Threat to Profitability,FoodDive Traceability Playbook
Is your manufacturing business facing huge fines, a tarnished brand and wary consumers because your food traceability system wasn't up to the job? According to Recall: The Food Industry's Biggest Threat to Profitability, "The average cost of a recall to a food company is $10M USD in direct costs, in addition to brand damage and lost sales..." But the cost of a recall isn't just measured in dollars. It's also measured in the number of consumer's lives impacted by foodborne illness and the response time of a manufacturer.