Global Food Traceability Center Debuts Seafood Traceability Tool
The Institute of Food Technologists (IFT) Global Food Traceability Center (GFTC) yesterday announced the launch of a Seafood Traceability Financial Tool. This tool assists organizations in the seafood industry in understanding the financial impact (costs and benefits) of implementing traceability. Developed with input from seafood business leaders and owners, this tool is freely accessible online at https://www.seafoodtraceability.org/
"From retailers and food service companies, all the way back to the catch, the entire food industry is becoming more concerned and conscious about traceability and how to help protect the public,” said Brian Sterling, GFTC managing director. “In addition to providing a way to verify the source of products, traceability also offers tangible financial benefits for companies. It’s a proven business tool that can drive new market opportunities, lower costs, and increase margins.”