Nestlé first signatory to European initiative to address unfair commercial practices in the food supply chain
Posted: 21 October 2013 | Nestlé | No comments yet
Nestlé is the first company to sign up to a voluntary European Union supported initiative…
Nestlé is the first company to sign up to a voluntary European Union supported initiative that seeks to increase fairness in commercial relations along the food supply chain.
The EU Framework for the Implementation and Enforcement of the Principles of Good Practice in the Food Supply Chain is a set of good practice principles which apply to trading relationships between retailers and suppliers.
The Framework is an effort to address unfair commercial practices in the food supply chain.
So far 82 manufacturers and retailers have indicated their intention to register but Nestlé is the first company that has formally registered to the framework.
Laurent Freixe, Executive Vice President and Director of Zone Europe has called upon all food supply chain partners in Europe to follow Nestlé’s example. “The business to business framework marks an important step to build greater confidence in the fairness of the food supply chain,” he said. “Our partners should sign up swiftly.”
The supply chain initiative is a joint initiative launched by seven EU industry associations representing different interests in the food supply chain.
These include FoodDrinkEurope, representing the food and drink industry, AIM representing the branded goods manufacturers, Europen Retail Round Table, Eurocommerce, EuroCoop and the Independent Retailers of Europe representing the retail sector and CELCAA representing agricultural traders.