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Food supply chain thefts rise in 2023

Food continues to be the commodity most at risk of theft in the global supply chain, according to BSI's Supply Chain Risk Insights Report 2023.

Food supply chain thefts increased by 29% in 2023

The number of food supply chain thefts committed during 2023 increased by 29% when compared to 2022.

Regulatory changes, food fraud, and the ongoing effects of COVID-19 are the primary causes of supply chain disruptions, according to new BSI report

Share this article Share this article HERNDON, Va., April 29, 2021 /PRNewswire/ Today, BSI, the business improvement and standards company, unveiled its annual Supply Chain Risk Insights 2021 Report that identifies the trends and associated risks likely to impact global supply chains in the year ahead. The report is powered by the global data in BSI s proprietary web-based, comprehensive intelligence system. Using this insight, BSI predicts the following trends will likely dominate the global supply chain throughout the year ahead: Ongoing challenges from COVID-19 creates new threats for organizations in the coming months Economic hardship increases the risk of labor exploitation, human rights violations, and stowaway smuggling

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