EU Bans Unfair Food Supply Chain Practices

PYMNTS | December 20, 2018

EU Bans Unfair Food Supply Chain Practices
The European Commission has introduced new measures to protect farms in the EU food sector against unfair supply chain practices, the body said in an announcement Wednesday (Dec. 19).
The European Commission, along with the European Parliament and European Council have reached an agreement to introduce a ban on 16 supply chain practices deemed unfair to players in the agriculture and food supply chain, particularly farmers. The measures come after the EC tabled the legislative changes earlier this year, and noted that the bans mark the first EU-wide legislation implemented in the food supply chain space. Industry retailers, food processors, wholesalers, cooperatives and producers’ organizations, and single producers will all be included under the regulatory requirements that ban unfair practices including late payments on perishable food products, last-minute order cancelations, retroactive contract changes, or forcing vendors to pay for any wasted food products.

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This Video will detail you about Types of Logistics with the help of an example in order to gain easy understanding. Wish you Happy Learning :)

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