LRQA highlights need for data-driven risk management at 2024 GFSI food safety conference

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PRNewswire

Singapore, April 25: At the recent Global Food Safety Initiative (GFSI) conference in Singapore, conversations highlighted the need for the food industry to adapt swiftly to changes in the risk landscape and incorporate strategies that go beyond compliance to competitive edge.

During the event, LRQA showcased its industry-leading supply chain intelligence platform – EiQ – which uses machine learning, onsite audit data, and trusted research to help clients monitor and manage supply chain risks in real-time, enhance responsible sourcing programmes, and ensure compliance with due diligence regulations.

Harnessed correctly, data-driven insights can also help inform tailored risk mitigation strategies, improve visibility, benchmarking, provide predictive analytics, and early interventions to prevent brand and reputational challenges. This method not only helps companies meet regulatory standards but also drives innovation in managing supply chain vulnerabilities.

Kimberly Coffin, LRQA’s leading expert on food safety, emphasized the importance of not only the quantity but the quality of data during her Tech Talk at the conference. She highlighted how high-quality data is instrumental in…

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