Key Performance Indicators (KPIs) play a pivotal role in driving team productivity. These measurable metrics help organizations assess performance, align goals, and identify areas for improvement. By integrating KPIs into a centralized system, teams can enhance collaboration, make data-driven decisions, and achieve higher efficiency.
The Food Safety Modernization Act (FSMA) has become a cornerstone in modernizing food safety practices. Its goal is to shift the focus from responding to foodborne illnesses to preventing them. FSMA compliance profoundly impacts businesses and consumers by enhancing food safety standards and fostering trust in the food supply chain.
Epidemics of foodborne illnesses are a major public health concern. Cases of foodborne disease and contamination are red flags of improper food safety protocols or broken safety rules. These issues with food safety and noncompliance with food laws are a burden on the food industry. A food company's involvement in an incidence of foodborne illness could harm the company's reputation. The World Health Organization (WHO) reports that every year, contaminated food causes 600 million cases of foodborne diseases and 420 000 deaths globally.
The chief sustainability officer of The Home Depot, Ron Jarvis, said that there are no environmentally friendly companies, and everything we do has an environmental impact with risks across the board, whether by carbon emissions, chemical exposure, or deforestation.
From avocados and cream cheese to milk, pasta, and canned goods, demand for certain food goods continue to skyrocket, due in part to labor shortages resulting from the pandemic, along with rising energy costs, shipping constraints, and natural disasters. The New York Times reported that a crucial portion of the world’s wheat, corn, and barley is trapped in Russia and Ukraine because of the war, along with a sizable portion of the world’s fertilizers currently held in Russia and Belarus.
In 2020, the U.S. supply chain experienced significant disruption, particularly during the early months of the COVID-19 pandemic. The impact was sizable, with shortages of paper goods, food items such as meat, and certain cleaning supplies and other essentials. At the same time, national and state-wide lockdown mandates led to the temporary (and in some unfortunate cases – permanent) shuttering of many physical-location retailers. Virus fears caused shoppers to head online to order food, medicine, and other goods, leading to an unprecedented boom to eCommerce.
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