Blog Articles

Food distribution is a margin-sensitive industry where every cent counts.

“Food service distribution is a highly competitive industry with relatively low margins,” says Inbound Logistics publication. “Many refer to it as “a penny business” because for every dollar of top-line sales, only a few pennies trickle to the bottom line.”

In our digital-first world where data breaches and cybersecurity threats are on the rise, organizations are under increasing pressure to demonstrate their commitment to protecting sensitive information.

One powerful tool is the System and Organization Controls (SOC) audit, an independent assessment designed to provide assurance to stakeholders that a company has adequate controls in place to protect its data, systems, and operations.

Calculating the true costs of the food we consume is a bit more complicated than simply adding up all our grocery bills and dining receipts. “We pay for food in many ways, not just at the checkout,” writes the Sustainable Food Trust, the global voice for sustainable food and health.

A true cost accounting in the food industry has to take into account how the food is produced and how its consumption contributes to our healthy (or not so healthy) diet.