Do food safety audits leave you sleepless? Do you walk into the office every morning stressing out over whether or not you’re prepared? If you know the most common mistakes companies make during food safety audits, and deal with them accordingly, you can reduce the risk which will leave you with less cause for concern and late nights.
The dangers of a recall
“The average cost of a recall to a company is $10M USD in direct costs, in addition to brand damage and lost sales according to a joint industry study by the Food Marketing Institute and the Grocery Manufacturers’ Association,” Tyco Integrated Security reports. But that’s just the average.
Tyco points to a handful of recent recalls that have totaled $56M, $35M, $60M, $30M, $37M, $103M and $78M. And those reflect the direct costs only.
The lesson is that food recalls can be financially ruinous and damaging to the brand. If you aren’t taking food safety seriously — or are afraid to spend a few more dollars to do it right — then your priorities are in the wrong place.