SINGAPORE ,
April 24,
2024 /PRNewswire/ -- 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 identifying vulnerabilities and improving the effectiveness of
risk controls, advocating for a smarter, not harder, approach to
risk management.
Stuart Kelly, Chief Commercial
Officer at LRQA stated, "The 2024 GFSI conference provided us
with valuable insights and feedback from delegates to ensure we
remain at the forefront of food safety, in touch with the latest
market trends, and well positioned to expand our reach in the
market. As the industry evolves, LRQA remains dedicated to
empowering clients to navigate risks with confidence and
resilience, shaping the future of food safety and assurance."
The GFSI Conference was not only a platform to discuss current
challenges but also an opportunity for LRQA to present its vision
for Assurance 4.0 – the new era of risk management defined by three
global trends – Environmental, Social and Governance (ESG)
considerations, supply chain complexity, and cybersecurity. This
new era of risk management demands a shift in mindset to navigate
the changing landscape through continuous assurance, data-driven
insights, solution-based partnerships, and on-the-ground
expertise.
LRQA is already helping food clients respond to the era of
Assurance 4.0 Just one example includes LRQA's collaboration with
McCain on their new product, Naked Oven Chips, which are produced
using regenerative agricultural practices. This partnership is a
testament to the evolving expectations around sustainable food
production methods that align with the need to protect our people
and planet.
As the industry progresses, LRQA continues to lead with
innovative solutions, working with primary producers,
manufacturers, retailers, and restaurant chains to create
programmes that reduce risk and deliver safe, sustainable food to
consumers around the world. Our comprehensive portfolio of
services, alongside deep capabilities in data and analytics, cover
every aspect of food safety, traceability, animal welfare and
environmental performance, as well as emerging risks such as
cybersecurity and responsible sourcing – supporting sustainable
practices from farm to fork.
About LRQA
LRQA is a leading global assurance partner, bringing together
decades of unrivalled expertise in assessment, advisory, inspection
and cybersecurity services. Our solutions-based partnerships are
supported by data-driven insights that help our clients solve their
biggest business challenges.
Operating in more than 150 countries with a team of more than
5,000 people, LRQA's award-winning compliance, supply chain,
cybersecurity and ESG specialists help more than 61,000 clients
across almost every sector to anticipate, mitigate and manage risk
wherever they operate.
In everything we do, we are committed to shaping a better future
for our people, our clients, our communities, and our planet.
For more information, visit
https://www.lrqa.com/
CONTACT:
Hasan Surve
Regional Marketing Manager – Asia
Pacific (APAC), LRQA
hasan.surve@lrqa.com
+971-501097184
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