As the number of recalls continue to grow each hear it is evident that the traditional reactive approach to addressing food safety incidents is no longer sufficient. Food & beverage companies are increasingly looking to embrace innovative solutions that will allow them to have a complete overview of all risks to their supply chain by compiling analytical reports for FS/FQ teams.

An expanding threat landscape

In the USA the number of recalls increased by 7% in 2023 compared to 2022 according to FDA. Geopolitical unrest that leads to global supply chain disruptions, novel food risks, frequent regulatory and legislative changes, the global shifting of dietary habits feed safety issues evolving to food safety issues are all factors that can contribute to overall uncertainty for food & beverage companies about their supply chain. All these necessitate that food companies move beyond reacting to announced food safety incident to being to anticipate them.

What’s needed?

Food and beverage companies are looking for a way to:

• Identify early emerging, unexpected risks so that they can include them in their risk mitigation.
• Consider forecasted risks and hazards to boost proactive measures.
• Continuously monitor their ingredients and suppliers for all external risks & hazards that may affect their supply chain.
• Have an updated view of geography-specific levels of risk for the countries they source from
• Evaluate the risk score and food safety compliance and risk performance of all suppliers.
• Reduce the effort and time allocated to conduct critical risk intelligence tasks.
• Filter out irrelevant information and look only at information important for their supply chain.

The solution

FOODAKAI is an intelligent AI-powered online platform that minimizes food safety risks in supply chains by delivering actionable insights and highly accurate forecasts about hazards in raw materials and products.

But how?

Through a 6-step process that includes:

• Customizing the platform to each food & beverage company’s supply chain
• Continuously monitoring your supply chain while staying updated on emerging/new risks
• Performing risk assessment of your high-risk ingredients and products, understanding emerging risks
• Incorporating forecasting to identify new risks
• Assess the risk of sourcing suppliers
• Compile a detailed report on the new and emerging risks for the company’s supply chain

Need to know more? Read the full white paper here.