For businesses in the food industry, ensuring compliance with FSMA 204 involves critical decisions about managing food safety and traceability. The choice between building a custom compliance solution or adopting a proven platform like Trustwell's FoodLogiQ can have significant implications on both operational efficiency and regulatory compliance.
The decision to build vs. buy is significant, particularly when it involves compliance with stringent food safety standards. Trustwell’s FoodLogiQ offers a compelling case for buying—cost-effectiveness, quick deployment, rigorous adherence to industry standards, and robust ongoing support. Read on to discover the pros and cons of build vs. buy.
The cost of developing an in-house software solution for FSMA 204 compliance can be substantial. On average, businesses might expect to spend around $1.5 million to build a custom solution—a figure that includes initial development, deployment, and long-term maintenance costs. Beyond the financial outlay, the risks of project overruns and expanding budgets are considerable.
Alternatively, a pre-built software solution focused on the food supply chain, like FoodLogiQ is not only ready for implementation but has already captured over 200 million Critical Tracking Events, creating a case for immediate ROI.
Building an in-house solution often means significant investment in staff, technology, and infrastructure, with costs escalating over time due to maintenance, support, and necessary innovation. Moreover, in-house systems can tie up IT resources, lead to non-standard implementations, and ultimately fail to keep pace with changing regulations and industry standards.
Building a custom compliance solution is not only costly but also time-consuming. The development process—from initial design to final rollout—can take several years, which may be incompatible with the urgent compliance timelines mandated by FSMA 204 with less than two years until the FDA demands compliance.
Choosing Trustwell's FoodLogiQ means gaining immediate access to the Trustwell Connect platform, facilitated by a team of customer success experts. This rapid deployment contrasts sharply with the lengthy and often delayed timelines associated with building an in-house solution.
With FoodLogiQ, companies can quickly align their operations with FSMA 204 requirements, bypassing the extended development and troubleshooting phases typical of custom-built systems.
Developing an enterprise solution that fully meets the technical and regulatory requirements of FSMA 204 poses substantial challenges. It requires a high level of expertise, which may be beyond the current capabilities of many in-house IT teams.
With in-house experts like FSMA 204 leader Julie McGill and Rising Star of the Supply Chain, Emma Killough, Trustwell offers more than just software and brings true expertise to the table. Trustwell stands out for its commitment to ongoing support and continuous enhancement of its platform.
The dedicated customer success team ensures all user needs are met promptly, while the development team regularly introduces new functionalities. This commitment to improvement means that FoodLogiQ users always have access to the latest innovations and best practices in food safety compliance.
Choosing a compliance solution that not only meets current standards but can also adapt to future changes is crucial in the food industry. Trustwell’s FoodLogiQ is designed to evolve alongside the shifting landscape of food safety regulations, ensuring that your business remains at the forefront of compliance without constant reinvestment in new technologies.
Trustwell's FoodLogiQ provides a robust compliance solution that evolves with the dynamic regulations of the food industry, ensuring your business remains at the forefront without constant reinvestment. Designed to scale seamlessly with your business growth, whether through increased production, market expansion, or new product introductions, FoodLogiQ’s quarterly updates incorporate the latest features and functionalities to support your expansion and maintain compliance effortlessly.
FoodLogiQ also removes the burden of needing in-house resources to monitor regulatory changes. Our team of experts proactively ensures that each update of the platform not only aligns with current regulations but anticipates future ones as well. This strategy minimizes compliance risks and eliminates the necessity for abrupt adjustments, enabling you to focus on your core business operations with confidence in a comprehensive, future-proof compliance strategy.
Choosing between building an in-house solution or investing in Trustwell's FoodLogiQ is a decision that impacts not just compliance but the overall operational efficiency of your business. With its cost-effective approach, rapid deployment, continuous support, and commitment to industry standards, FoodLogiQ stands out as the optimal solution for businesses aiming to meet and surpass FSMA 204 requirements efficiently and effectively.
Opting for Trustwell's FoodLogiQ offers a strategic advantage by mitigating the risks and limitations associated with building an in-house solution.
Explore how partnering with Trustwell can transform your compliance strategy by visiting www.trustwell.com or download our quick cheat sheet “Buy Vs. Build” right here.
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