Diagnostic Tools Help Product Recall

636104833447614524inst.jpg

26 Sep 2016 --- Two new tools called RecallOptic and CrisisOptic have been launched to help measure a business’ ability to respond to a product recall or operational crisis.

RecallOptic provides an accurate indicator of product recall strengths and weaknesses enabling businesses to quickly and easily quantify product recall readiness against international best practice; including ISO 10393:2013E for consumer product recall, BRC Global Standard for Food Safety (Issue 7), and BRC Global Standard for Consumer Products (Issue 3).

CrisisOptic is based on international best practice for crisis management – including global standard BS11200:2014 and quantifies business resilience in ten key areas, from governance and risk management to operational response.

Using a carefully weighted assessment system, the tools generate a bespoke Business Resilience or Recall Readiness Score and visual dashboard presentation. Risk, issues and crisis experts from Instinctif Partners, who developed the tools, then prepare a brief report to accompany the score. This can be used to inform policies, procedures and capabilities to strengthen processes and preparedness.

Andrew Caines, Group Technical Director of Cranswick PLC, who was involved in the beta-testing of CrisisOptic said, “Business leaders need to measure how well their organisation can withstand a world that is volatile, uncertain, complex, and ambiguous. The Turnbull Report established standards of risk management back in 1999 and since then businesses have been crying out for a quick way to evaluate how resilient they might be in the event of a crisis. CrisisOptic delivers precisely such insights in a swift and straightforward way. It’s the most powerful way I have seen to measure an organisation’s ability to bounce back from setbacks, keep going in the face of adversity, and adapt to change.”

Both tools incorporate Instinctif Partners’ end-to-end crisis management methodology developed while working with clients from global brands to government regulators and SMEs.

Victoria Cross, who leads Instinctif Partners’ risk, issues and crisis team, said: “RecallOptic and CrisisOptic are game-changers for business resilience, antifragility, and risk and crisis management. Until now it’s been impossible to quickly identify strengths and weaknesses across an organisation and comprehensively compare the results against a peer group. But this is exactly what our Optic tools provide. They are fast, accurate and will enable organisations to focus finite resources on the specific areas where they are most exposed.”

RecallOptic and CrisisOptic will be free to use1 for a limited time and are available exclusively through Instinctif Partners. After the two-month free introductory period, Instinctif Partners will charge companies £5,000 ($6,468) to access the tool.

To contact our editorial team please email us at editorial@cnsmedia.com

Related Articles

Food Ingredients News

Unilever: Brazil truckers’ strike “a significant headwind”

20 Jul 2018 --- Unilever’s half-year results have been impacted by an extended truckers strike in Brazil while overall “challenging market conditions” have also affected the British-Dutch transnational consumer goods company. Net profit dropped from €3.3bn (US$3.8bn) to €3.2bn (US$3.7bn) in the first half of the year. Turnover also fell five percent to €26.4bn (US$30.6bn).

Food Ingredients News

Cambridge Commodities acquires ingredient business of US wholesaler Earth Circle Organics

19 Jul 2018 --- UK-based ingredient supplier Cambridge Commodities has acquired the ingredient business of US wholesaler Earth Circle Organics LLC, for an undisclosed sum. Following the acquisition, Earth Circle Organics’ raw and organic superfood ingredient business will merge with the US arm of Cambridge Commodities to create a new division, operating as Earth Circle Ingredients.

Food Ingredients News

Mosa Meat secures US$8.8m investment to bring lab-grown meat to market by 2021

18 Jul 2018 --- Mosa Meat, a spin-off company from Maastricht University which was behind the world’s first hamburger made directly from cow cells back in 2013, has raised €7.5 million (US$8.8 million) to bring cultured meat to market by 2021. The Dutch food start-up first inspired the emergence of an entirely new industry through pioneering work and proving the concept of cultured meat five years ago and now Mosa Meat is currently developing its first commercial products. This marks the first investment in a European cultured meat company, putting Europe on the map for the next generation of meat production.

Packaging & Technology News

Ball partners with Brouwerij Homeland for ultra-minimalist craft beer can design

18 Jul 2018 --- Dutch craft beer brand Brouwerij Homeland Amsterdam has collaborated with Ball to create a unique, blank can design for its popular spelt beer. The cans utilize Ball’s 33-centiliter standard format, which is a popular choice amongst many craft brewers. Unlike other brands, Brouwerij Homeland Amsterdam has chosen to leave the 360-degree can canvas blank, creating a strong, stand-out design. The minimalist cans feature no printing or messaging, other than the name, date and alcohol percentage on the bottom of the can.

Food Ingredients News

Cost of listeria outbreak: Greenyard estimates €30 million impact

18 Jul 2018 --- Frozen vegetable maker Greenyard estimates the financial impact of the listeria outbreak that has led to huge product recalls and concerns over the potentially deadly disease, is in the region of €30 million (US$35.1 million). After insurance, Greenyard says this includes estimated costs for the product, transport, handling, storage, destruction, subcontracting, lower cost absorption of the factory and loss of margin. The estimate comes as the fruit and vegetable giant halts production as its Hungarian vegetable plant while an in-depth investigation continues to probe the listeria contamination.

More Articles