TraceGains Shows Lot Traceability Yields Profitability

Released on: August 4, 2008, 3:42 pm

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: TraceGains Shows Lot Traceability Yields Profitability

Press Release Body: Two, peer-reviewed, university studies have shown that patented
traceability technology from TraceGains enhances supply chain visibility and boosts
customer profits by 3% to 5% of revenue with a return on investment greater than
300%. These results were found in a wide range of industry segments including
livestock, citrus, potatoes, fruits, vegetables and many more. Indeed, any consumer
product good can receive similar benefits.

In the past nine years, hundreds of companies have used food traceability solutions
from TraceGains to not only reduce their recall risk but also boost their profits.

With proven solutions and hundreds of implementations, return on investment (ROI)
and profitability enhancement has been independently confirmed in university
studies. Companies' bottom lines are positively affected through the following
results:
. Improved operational efficiency by identifying profit leakages.
. Enhanced product consistency by pinpointing causes of variation.
. Increasing market share by assuring trading partners they are protected with
actionable data.


TraceGains, Inc. (www.tracegains.com) was founded in 1998 with a 100% focus on
traceability. The company has a patented delivery system -14 patents granted and
growing -and also is an Issuer of United States Department of Agriculture Process
Verification Program (PVP) Label.

By providing real-time bi-directional supply chain transparency and traceability,
TraceGains reduces risks to the corporation and its executives, who may become
personally liable in case of a recall. Positively Assured Traceability provides the
following essential capabilities:
. Continuous attribute visibility for each incoming ingredient received.
. Identity preservation across commingling, batching, blending, transformation, and
re-work.
. Continuous comparison between on-floor activities, business rules, and compliancy
requirements.

However, TraceGains not only adds the missing capabilities to protect food
companies, its officers and executives, and consumers, but goes beyond to turn data
into actionable business intelligence from the floor to the board room.


By using Web Services to interconnect with all leading ERP, SCM, and MES systems,
Positively Assured Traceability can deliver compliance with internal business rules,
assurance of pedigree claims, enhanced profitability, and increased operational
excellence. From the grower, aggregator, manufacturer and processor, to distribution
and logistics, and finally the retailer, only TraceGains provides bi-directional
unit-level (item, carton, pallet, etc.) traceability while boosting profitability
and cost-effectively improving operational excellence.


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

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