Over the past few decades, the Food Sector has faced continued increases in regulatory requirements for compliance. Regulatory risk is, however, only one of the considerations this sector must evaluate. Increasingly, companies face risks to their reputations, finances and strategic initiatives associated with the food supply chain.
These risks are wide-reaching and can include: negative publicity about the use of forced labor, losses from outbreaks of food-borne illnesses, costly disruptions caused by climate change, natural disasters, pandemics and international conflicts.
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