How Much Will Businesses Gain by Investing in Seafood Traceability?

Written by on September 22, 2014 in Fish, Technology

The Institute of Food Technologists (IFT) Global Food Traceability Center (GFTC) recently announced the launch of Seafood Traceability Financial Tool that is designed to help organizations in the seafood industry better understand the financial impacts of implementing traceability.

Is that seafood behind that counter really sustainable? Photo credit: <a href="http://www.flickr.com/photos/gleam26/2480179121/">st_gleam</a> via <a href="http://photopin.com">photopin</a> <a href="http://creativecommons.org/licenses/by-nc/2.0/">cc</a>.

Where did that seafood come from? Photo credit: st_gleam via photopin cc.

Traceability is a growing concern, particularly when it comes to seafood. Consumers, retailers, and food service companies are becoming more concerned about where their seafood came from, where it was processed, and if it is what the label says it is. In addition to boosting consumer confidence, traceability has been shown to “drive new market opportunities, lower costs, and increase margins.”

Created with the help of seafood business leaders and owners, the tool helps businesses identify the ways in which traceability may impact their business, from customer growth and quality management, reduction of product waste and business liability costs.

The Seafood Traceability Financial Tool is available for free online at seafoodtraceability.org.

To learn more:

Copyright © 2014 by Marine Science Today, a publication of Marine Science Today LLC.

About the Author

About the Author: Emily Tripp is the Publisher and Editor of MarineScienceToday.com. She holds marine science and biology degrees from the University of Miami's Rosenstiel School of Marine and Atmospheric Science and a Master of Advanced Studies degree in Marine Biodiversity and Conservation from Scripps Institution of Oceanography. When she's not writing about marine science, she's probably running around outside or playing with her dog. .

Subscribe

If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed Find MST on Instagram Connect with MST on Google Plus

Comments are closed.

Top