Supply Chain Risk Management: Understanding the Value of Traceability in the Supply Chain
Summary
The objectives of this breakout session are to: Present findings of the SGS industry survey on current supply chain management practices, including supplier approval processes and a review of their vulnerability and impact on food safety.Determine appropriate actions to mitigate them The approach taken to complete each of these steps may vary depending on the requirements, available resources and complexity of the supply chain involved.Independent of the approach to be followed, gathering, processing, handling and communicating the right information is a prerequisite to effective supply risk management and control.Ability to gather and process relevant information with the aim to: • Identify supply chain risks, threats and vulnerabilities • Develop a mitigation plan and manage necessary changes for effective implementation • Trigger communication and active engagement amongst stakeholders across the supply chain towards a common goal; the provision of traceable and transparent information that would promote food safety 2.Ability to gather and process relevant information with the aim to:• Identify supply chain risks, threats and vulnerabilities• Develop a mitigation plan and manage necessary changes for effective implementation• Trigger communication and active engagement amongst stakeholders across the supply chain towards a common goal; the provision of traceable and transparent information that would promote food safety2.