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.”
Becki Holmes (Founder / Principal)
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.