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P ro d u c e S h o w D a i l y S a t u rd a y, O c to b e r 1 8 , 2 0 1 4 4 ARE IMPORTERS READY FOR THE NEW FOOD SAFETY MODERNIZATION ACT? On July 26, 2013, the FDA issued pro- posed regulations that would greatly strengthen the oversight of imported foods. The FDA believes that the best way to achieve these goals is to require importers to oversee their foreign suppli- ers. To that end, importers will have to establish a Foreign Supplier Verification Program. All importers must establish and follow an FSVP, unless otherwise exempted. An importer of food under the proposed FSVP regulations is the U.S. owner or consignee of the food at the time of entry, or, if there is no U.S. owner or consignee at the time of entry, the U.S. agent or representative of the foreign owner or consignee. Under the proposed FSVP regulations, an importer would be required to develop, maintain and follow an FSVP for each food it imports, which in general would need to include the following: Compliance Status Review Importers would be required to review the compliance status of the food and the potential foreign supplier before importing the food, and periodically thereafter. Such review would need to include any FDA warning letters, import alerts and requirements for certi- fication issued by the FDA under sec- tion 801(q) of the Food, Drug and Cosmetic Act (FD&C Act). Hazard Analysis Importers would be required to analyze the hazards associated with each food they import. The hazard analysis would identify the hazards that are reasonably GENERATING EFFICIENCIES WITH COMMERCIAL CARD SOLUTIONS By Dominique Fracchia, Head of Commercial Card Solutions, Bank of the West How Commercial Card Solutions Can Help Agribusinesses Implementing the right commercial card solutions can help make it easier for agribusinesses of all sizes to do business and pay expenses more seamlessly, effi- ciently and cost-effectively. A commer- cial card can help businesses track and manage expenses, lower processing costs, increase cash float, enhance moni- toring capabilities and control, save time within accounts payable functions, pro- tect against fraud, earn rewards or cash rebates and eliminate the costs, hassle and risks of using checks. Carrying a credit card can be more convenient and cheaper than writing a check, which involves check fees, stamps, envelopes and mail time. It also offers much more straightforward expense management while handing agribusinesses more operational control. A business cannot block a check in the way it can place blocks on credit cards to better control expens- es and manage employee spending – for example, applying a per transaction or monthly spending cap. Finally, electron- ic data provided by commercial card solutions reduces costs and prevents data entry errors that can occur with paper methods of payment. The Advantages of Utilizing Bank of the West Commercial Card Solutions Here at Bank of the West, we have been a commercial card issuer in the U.S. since 2002 with over 2,400 corporate Continued on Page 66 Continued on Page 72 Lee M. Oser CEO and Editor-in-Chief Kim Forrester Paul Harris Associate Publishers Lorrie Baumann Editorial Director JoEllen Lowry Dave Bernard Jeanie Catron Associate Editors Yasmine Brown Vicky Glover Graphic Designers Caitlyn Roach Customer Service Manager Lynn Hilton Marcos Morhaim Account Managers Enrico Cecchi European Sales Produce Show Daily is published by Oser Communications Group ©2014 All rights reserved. Executive and editorial offices at: 1877 N. Kolb Road, Tucson, AZ 85715 520.721.1300/Fax: 520.721.6300 www.oser.com European offices located at Lungarno Benvenuto Cellini, 11, 50125 Florence, Italy. AN INDEPENDENT PUBLICATION NOT AFFILIATED WITH PMA