From Hidden Costs to Tangible ROI – The Case for Smarter Traceability
IS poor supply chain visibility costing you more than you think?
Food recalls, compliance failures, and supply chain inefficiencies cost businesses millions each year—but many companies don’t realise the true impact until it’s too late.
The average food recall costs $10 million, not including lost sales, legal fees, and brand damage. Even avoidable inefficiencies like manual tracking and supplier delays can drain revenue and increase risk.
Watch to uncover the hidden financial impact of poor traceability—and learn how to build a more profitable, compliant, and resilient supply chain.
This is Part 1 of a 2-Part Webinar Series. In this session, we focus on the true cost of doing nothing—and in Part 2, we dive into proven strategies for strengthening supply chain compliance and risk management.
What You’ll Learn in this Webinar:
How Supply Chain Inefficiencies are Silently Draining Profits
Many businesses accept slow, outdated tracking systems as ‘normal’—but the truth is, manual processes, delayed responses, and poor visibility are costing your company thousands (if not millions) in unnecessary expenses. We’ll show you where the biggest hidden costs lie and how companies have saved up to $375K per year just by improving operational efficiency.
The Financial Impact of Poor Traceability – Beyond just Recalls
It’s not just the $10M per recall that should concern you—non-compliance fines, wasted product, and brand damage all add up. Companies with weak traceability can see recall costs increase by 70%—adding $2M–$7M per incident. We’ll break down the numbers and show you exactly where traceability can save costs.
Why Traceability is Your Biggest Opportunity for Cost Savings
Leading food businesses aren’t just investing in traceability for compliance—they’re seeing real, measurable ROI. From reducing compliance fines by $500K per year to cutting supplier documentation time by 48% (saving $100K annually), we’ll show you how companies are turning traceability into a competitive advantage.
Stay Tuned for Part 2!
This webinar is just the beginning! In Part 2, we’ll go even deeper – focusing on how to strengthen supplier compliance, reduce quality incidents, and build a resilient, future-proof supply chain.
By registering today, you’ll also be the first to know when Part 2 is announced!
Don’t wait until a recall or compliance issue costs your business millions. Take action today.