TraceGains’ Supplier Compliance Improves Quality and Profitability in Food Supply Chain
Supplier Impact requires a better Supplier Management Tool for improved quality and profitability. TraceGains’ Supplier Impact rewrites the rules for evaluating vendor relationships. Existing tools and methodologies rely on unrelated metrics that cannot report how a supplier or supplied ingredient affects quality and profitability, and ultimately the business relationships companies have with customers, and the brand relationship with the consumer. The mission at TraceGains (www.TraceGains.com) is to protect the brand of food and beverage clients by eliminating problems before product is shipped to the customer. The TraceGains Product Suite accomplishes these important tasks:
• Continuously monitors critical risk points in the supply chain and operations, and alerts users to problems before product is shipped to customers.
• When necessary, rapidly and accurately handles recall alerts within minutes, to minimize cost and brand damage, and protects the consumer.
• Helps identify the root-cause of the problem, to limit recalls to only truly affected goods.
• Provides rapid time to value by analyzing the supply and value chains for additional profit opportunities.
• Supports conclusive proof of brand claims at the case– and ingredient level, across all transformations.
• Dynamically adjusts to changing technology and compliance requirements.
The TraceGains’ Product Suite is comprehensive and quite unique.
Supplier Impact works TraceGains’ Supplier Compliance—an automatic firewall for ingredient quality and compliance—and leverages bidirectional traceability, to help you meas-ure how each ingredient affects your bottom line on a per-shipment basis. By maintaining complete attribute and pedigree identity across transformations and rework, Supplier Impact helps you determine how any one ingredient affects your quality and profitability, so that allowances, discounts, and returns are kept to a minimum.
When collaborating with your downstream customers, Supplier Impact helps you measure characteristics such as shelf life or cosmetics, and ties this information all the way back upstream to specific vendors with whom a company interfaces. Supplier Impact can be leveraged for collecting and measuring consumer satisfaction with a product and brand, so that further evaluations of supplier relationships can be quantified as they relate to product enhancements based on market feedback.
? Learn true TCO of ingredients based on yield, waste, etc.
? Measure how individual suppliers impact profitability
? Collaborate better with customers to minimize returns
? Leverage direct consumer feedback for product improvement
? Deploy in days or weeks, not months or years
? Unlimited use, no software to buy
? Minimal setup fees
TraceGains Inc.
Marc Simony, Director of Marketing
(303)682-9898
Professional Marketing Firm for the Manufacturing Community and Manufacturing Journalist to most manufacturing magazines
