Report Released on March 16, 2015 — In 2014 VCM International worked with the Global Food Traceability Centre (GFTC) on a year-long project concerning the international seafood industry and seafood traceability.
The purpose of the project was to strengthen the performance of the seafood industry by providing practical research and advice concerning the value of traceability to:
- reduce waste
- enhance consumer trust
- increase business efficiencies
The project examined the impact and effectiveness of traceability as a means for businesses operating along the seafood value chain to adapt to the dramatic changes that are impacting the industry globally.
The final report can be accessed online. An Executive Summary of the report (available on GFTC’s website) can be accessed here.
Katan Kitchens and Value Chain Management International are progressing into the second year of their 30-month project to develop the local Ontario value chain for quinoa. Click here for an update on the project.
The new report – Food Waste in Canada – $27 Billion Revisited – Dec 10, 2014 – states that the actual quantifiable figure is $31 billion: a 15% increase from VCMI’s 2010 report estimation.
Five key takeaways from the 2014 report:
- Canada’s annual quantifiable food waste cost is $31 billion.
- The true cost of food waste in Canada is $107 billion.
- This is calculated by taking United Nation’s Food and Agricultural Organization’s estimation of the value of food wasted representing only 29 percent of the true cost.
- For businesses – the total cost of waste along a value chain can exceed the combined margins of the involved companies.
- For consumers – avoidable food waste can increase the cost of food by 10 percent or more.
- Through reducing food waste, businesses can reduce operating costs by 15 to 20 percent and increase profitability by the equivalent of 5 to 11 percent.
Our latest food waste report reveals an increase of 15% in Canada’s annual food waste compared to our 2010 report stated figure of $27 billion. The report will be available on December 10, 2014.
See news release: NEW Food Waste in Canada Report – $31 Billion
Katan Kitchens and Value Chain Management International have successfully completed the first year of their 30-month project to develop the local Ontario value chain for quinoa.
Quinta Quinoa, Katan’s Ontario-developed quinoa variety, will once again be exhibiting at the Royal Agricultural Winter Fair, presenting as part of the “Northern Ontario” FedNor exhibit from November 12 to 16.
For full details, please click on link: Ontario Quinoa Project Update
Dr. Martin Gooch spoke at this year’s conference, along with other leading senior executive leaders within the food industry.
Topic: Increasing Profit by Reducing Food Waste
Click here for more information: www.canadiangrocer.com/microsite/commitment-to-sustainability/agenda
Thursday, October 30th, 2014 | 7:30AM – 11:30AM
International Centre | Conference Centre
6900 Airport Road, Mississauga, ON L4V 1E8
August 19, 2014 — The Blade Farming case study has now been updated and is available via the following link: Blade Farming Beef and Veal Production Case Study – August 2014
The case study explains how Blade Farming, a UK company, developed a highly innovative and successful beef and veal production system. The system brings all parties/businesses of the value chain together in such a way that results in them being able to produce, process, and market beef more sustainably and profitably than traditional systems.
August 12, 2014: Value Chain Management International (VCMI) released a case study on one of the most effective livestock traceability systems in the world in terms of economic impact — Australia’s National Livestock Information System (NLIS).
In early 2014, in conjunction with Beef Farmers of Ontario (BFO), VCMI facilitated a visit to Australia to learn about this highly progressive system. The purpose of the visit was to provide senior industry representatives with the opportunity to view firsthand the challenges and drivers that led to the development of NLIS, how the system is sustained and governed, and how innovative business leaders are utilizing NLIS to improve the production and marketing of beef.
For the full case study click here: Australia’s Traceability System – Case Study
Value Chain Management International (VCMI) and Katan Kitchens are pleased to provide an update on their project to develop commercial scale production and marketing of Ontario-grown quinoa.
After an overwhelming response to growing quinoa with Katan in 2014, a group of local Ontario farmers has been selected to work closely with Katan and VCMI to gain further knowledge regarding the best farming practices for quinoa in Ontario.
See full press release: Local Farmers Join Quinoa Project – NR July 17, 2014
“Developing an Industry Led Approach to Addressing Food Waste in Canada”, a study commissioned by Provision Coalition, looks to combat the 30-40 percent of food lost along the Canadian food value chain with much of it finding its way to landfill or composting. For full study, please click here.
The study, managed by the Network for Business Sustainability (NBS) and led by researchers at the Ivey Business School and Value Chain Management Centre (a division of Value Chain Management International), aimed to map the food waste challenge in the context of Ontario’s and Canada’s agri-food industry and develop a coordinated strategy for tackling the food waste challenge in Canada.
For full news release, please click here.