Should these manufacturers encounter a recall, 80 percent of small to mid-sized businesses fail within 3 years due to sales loss, and damage to reputation and brand value.
The FSMA requires strict traceability systems in both the EU and the United States, now requiring 24-hour traceability instead of what could take up to 48 days in the past. These requirements make manual track and trace systems very difficult to comply, and could even be a matter of life or death as over 128,000 people are hospitalized each year in the United States, and approximately 3,000 die from food-borne illness.
