Many businesses fail to properly classify their operations for insurance purposes, resulting in missed opportunities to lower premiums. The complexities of grouping different activities can lead to inflated costs, but the right adjustments can make a substantial difference. Achieving significant savings through a workers’ compensation restructure can make a substantial difference for your business. By optimizing your coverage, you can…
Your business is probably one of the most valuable assets you have – so it makes sense to protect it in good times and bad. That’s where having the right level of insurance can make all the difference by helping to ensure your business continues to operate smoothly if the unexpected happens. With the current level of inflation, it’s common…
Ethical and sustainable food and beverage production is increasingly on the radar of not just retailers, but consumers as well. Sustainably sourced products enable a business to operate more efficiently and indicates a company cares about their footprint and their environmental impact. Do you have a fit for purpose, action orientated plan for sustainability? How do you show your customers,…
Finding and retaining talent has become a casualty of the post pandemic era. Employees are the lifeblood of any business, but how hard are you finding it right now to attract new workers? To keep the hardworking workers, you already have? Is your business at risk of not being able to continue operations at the same scale and pace due…
With inflation set to surge even higher, cost pressures are mounting on Food and Beverage businesses from all sides. How are you navigating the inflation storm? Are you taking pro-active measures to minimise the impact on your business? With food inflation having already risen from 2.2% in 2021 to 7% at the start of 2022, many businesses are feeling the…
How carefully do you read your contracts? Securing a new contract is often cause for celebration – it can mean new business, a new employee, new machinery or a new supplier but how carefully do you review your contracts? Do you ensure that your insurance covers you for your liabilities? Are there any gaps in the protection for your business? …
What would your plan be if one of your products needed to be recalled? Everyone in the Food and Beverage industry acknowledges that a recall can be catastrophic for the brand and reputation of their organisation. The aim of any recall is to stop the sale and distribution of a product as soon as possible. For businesses in the food and beverage industries,…
How much do you understand your supply-chain? It sounds like a simple question, but it’s important to realise that a resilient supply chain can help you sidestep avoidable risks and grow your business. Only 22% of companies have a proactive supply chain network. (Logistics Bureau, 2020) Your supply chain is one of the most critical elements to running your business and disruption at…
Find out how your organisation can protect itself from the risks of Australia’s contractor management changes.
By now we’re all aware of the upcoming changes to our Grocery Services Agreements due to the Food and Grocery Code of Conduct. If you need a refresher read our previous article which covered the FGCC in detail. As you know, every organisation has a multitude of different types of contracts, some of which command more or less focus than…
