How does traceability help with recalls?

How Does Traceability Help a Product Recall?

Traceability Eases Product Recalls Manufacturers in many industries, including the AV industry, electronics, food, etc. are increasingly vulnerable to product recalls. Unfortunately, a product recall, either voluntary or involuntary, may have poor consequences, including a negative impact on your company’s brand and reputation, lost productivity, decreased customer loyalty, fines, or even a lawsuit. As a […]

Preventing Counterfeiting through Traceability

Cracking Down on Counterfeiting through Traceability

Counterfeiting Distributing fake, expired, or defective products can be detrimental to a company’s reputation and credibility. Counterfeiting hits many industries hard, including the AV, pharmaceutical, retail, and electronics sectors, so it is essential for companies to continue to strengthen their anti-counterfeiting practices. Many manufacturers are beginning to implement anti-counterfeiting practices to increase their supply chain […]

Inventory traceability technology

Starbucks Implements Traceability Technology

Starbucks Traceability Traceability tracks the movement of an individual item from its origin to the end of its useful life, offering data on who comes into contact it along the way. This allows businesses to know exactly where an individual product is at any given time, along with who is handling it. Since traceability is […]

Accountability through Inventory Control

Build Accountability through Inventory Control

Build a Culture of Accountability in Your Organization Accountability is critical to the long-term success of any business since it decreases inventory loss, boosts profitability and increases profit margins. Without accountability, your employees may not be as diligent with company assets, or even fail to follow the most carefully devised business plans. There are several […]

Tips for Inventory Management

Seven Tips for Better Inventory Management

Inventory Management As you set your business goals, make an immediate impact on your business by focusing on inventory management. Although good inventory management results in significant cost savings and increased profitability, many businesses fail to integrate it. As a result, they suffer from negative repercussions when it comes to long-term growth since poor inventory […]

What is Traceability?

Why is Traceability Important?

Traceability Traceability – an important word to your business that you may not hear often. What is traceability? And, why is traceability important? Traceability is the ability to track the movement of an individual item from its origin to the end of its useful life. Traceability also provides knowledge of who comes into contact with the […]