Heightened national risk assessment is seen as decisive in mitigating both existing and new hazards, said the two bodies behind a recent international feed risk analysis event in Rome. The full article is here.
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Mead Johnson Nutrition has agreed to pay $12m (€10.9m) to settle a US Securities and Exchange Commission (SEC) investigation into the “promotional practices” of its Chinese business. The business allegedly misused company funds to gain marketing leverage. The full article here.
By 2050, the world will need to feed more than nine billion people, requiring nearly 70 percent more food than we consume today.
The Australian Cyber Security Centre released its Threat Report 2015, which warns businesses could be targets for malicious activities.
Recently, the Australian Food and Grocery Council (AFGC) released a report claiming the Food and Beverage industry is highly capable of managing their supply chain risk. Despite this statement by the AFGC, there is a serious possibility of complacency if we pat ourselves on the back with respect to supply chain risk. Ask yourself the following two questions: How good…
Angry Pizza Hut franchisees have launched legal action against the company after a price war with rival Domino’s forced them to slash price.
The U.S. Probation Office concluded that the scope of Parnell’s crimes–including conspiracy, obstruction of justice and wire fraud– “results in a life sentence Guidelines range.”
Agricultural and food industries are an important part of the Australian economy and national identity. They are set to remain so as global demand for food rises over the next four decades.
Since 2002, the number of food products recalled has nearly doubled – and so have the costs of recalling these foods. A recent report by reinsurance company Swiss Re has revealed that in approximately half of these cases, the cost of recalling the product was US $10 million or more, with some reaching as high as $100 million. The full…
The recent Patties Foods frozen berries scandal is a stark warning for directors about supply-chain risks and the role they play in managing those risks.
