Retailers need an efficient supply chain to optimize their brick-and-mortar business. In some instances, though, retailers are not equipped to track the supply chain from beginning to end, preventing them from knowing what is happening to products at every step of the process.
Traceability Plus is a monitoring solution designed to improve supply chain efficiency, leading to reduced waste, higher margins and more satisfied customers. Retailers can use the solution to improve decision-making and reduce costs associated with inconsistency, shrink and inefficiency, among others.
The solution is comprised of three components: The Digital Traceability System; Data Check Module; and Marketing Module. The Digital Traceability System is designed to help retailers achieve full traceability by capturing data at every step of the supply chain. The Data Check Module measures and improves data quality, verifies compliance with sustainability and safety regulations, and generates alerts to proactively drive action. The Marketing Module helps build customer loyalty by enabling retailers to engage and educate audiences by offering real-time access to specific product details.
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“If you can’t measure it, you can’t manage it,” said Phil Werdal, CEO of Trace Register. “Traceability Plus enables companies to measure, analyze and improve the performance of their supply chains. It is based on the continuous improvement process long used in the auto industry. This proven methodology enables companies to reduce waste, increase margins and deliver consistently good food.”
Major supermarkets using Traceability Plus include Delhaize, Wegmans and Whole Foods.
