Avoiding a Recall TraceGains Urges Real-Time Alerts
Released on: October 26, 2008, 9:02 am
Press Release Author: Thomas R. Cutler
Industry: Software
Press Release Summary: Avoiding a Recall: TraceGains Urges Real-Time Alerts
Press Release Body: 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. Tracing and tracking to meet government or commercial compliance requirements, delivered by the right traceability system provider, can be leveraged to also give agri-food executives a more complete, decision-support instrument panel for operational decision-making that goes well beyond traceability. This new generation of corporate instrumentation provides executives, managers and supervisors specific information they need to make a wide range of operational decisions, not just traceability decisions. It can also generate alerts from the in-line supervisor to the CEO to allow them to take the needed corrective actions to protect or gain value from their supply chain.
According to William Pape, Founder and Executive Vice President at TraceGains, "Having a traceability systems means you can generate real-time alerts when something is wrong in the supply chain, and that you can generate near real-time views of your operation to make better operational decisions. Most in-house traceability systems can't accomplish these tasks. To accomplish these tasks, you need to collect the relevant information from each process step (hopefully using automatic data collection technology such as barcode or RFID), maintain identity across product transformations, and reroute these data into an event-oriented data mart, possibly adding some electronically collected new data. This event-oriented data mart then contains the pedigree of each carton leaving your plant, a repository of product attributes and key events during the life cycle of each production unit. This pedigree data mart can be used to uncover hidden relationships between upstream events or product attributes and desired downstream outcomes such as the relationship between incoming raw product characteristics and the raw product conversion percentage in the plant."
Avoid a Recall
The best outcome for a recall is preventing the recall in the first place. TraceGains continuously monitors the enterprise, co-packers, contract manufacturers, and upstream suppliers for compliance with business rules and regulation mandates. Real-time alerting and risk assessment adds an extra safety net and layer of brand protection. Continuous Compliance and a Risk Assessment dashboard bring exception-based management capabilities to the entire organization.
Minimize Recall Damage
If a problem does occur this unique solution can minimize the brand damage by using patented recall trace-back and track-forward technologies. A recall alert can be initiated within minutes, reducing potentially bad news to one news cycle, and saving customers millions of dollars in long-term brand rehabilitation costs. The Recall Detective analyzes critical risk factors, going beyond material movement tracking; the Recall Minimizer provides instant multiple scenarios for reduced brand damage.
Increase Profits
By correlating and analyzing previously disparate data sets in the value chain, only TraceGains makes it possible to connect upstream inputs, suppliers, and raw materials to downstream outcomes such product quality or customer satisfaction. Firms can coach or replace poorly performing suppliers and counteract profit-draining events within the enterprise, as well perpetuate positive practices internally and throughout the supply chain, to achieve complete profit optimization.
According to Gary Nowacki, CEO of TraceGains, "Stuff happens. No matter how well HACCP, GMP, GAP or other systems work. Our solution continuously monitors all critical supply chain risk points, both within and outside the four walls of an enterprise. The system alerts busy managers to high-risk potential problems on an exception basis, so they can take action on the most critical and preventable problems before they are received for processing or shipped to customers."
TraceGains Inc. www.tracegains.com Marc Simony, Director of Marketing traceability@tracegains.com (303)682-9898
Web Site: http://www.tracegains.com
Contact Details: TraceGains Inc. 1860 Lefthand Circle, Suite G Longmont, CO 80501 (303)682-9898