Our Client was pursuing an initial public offering, and needed core compliance programs as a prerequisite. Foodwit was hired to conduct a preliminary gap assessment, and implement a custom compliance solution in a truncated timeline.
Foodwit engaged in a 10 week sprint to help the client become IPO-ready. First, Foodwit conducted on-site facility audits, key stakeholder interviews, and C-suite engagement to drive executive sponsorship of the program adoption. Following the creation of a core team of resources, Foodwit led the development and implementation of prerequisite compliance programs including a custom go-to-market cross-functional process and risk-mitigation strategies for supply chain volatility.
“Completing the regulatory due diligence process leading up to the IPO was an incredibly daunting task for our in-house Legal team. Foodwit’s partnership was critical as we prepared for the hot seat - they deftly mapped our regulatory progress and made critical recommendations for foundational compliance, setting us to confidently address challenging questions from outside counsel.”
Advised General Counsel and extended operations teams on food safety and regulatory program gaps. Created roadmap for closing immediate gaps and implementing risk-based programs for FSMA compliance.
Identified white-space opportunities for portfolio mix, formulation, and marketing claims against select competitors to inform key brand initiative for the Head of Marketing.