Business Excellence Reveals Profitability in Food Traceability

Released on: October 21, 2008, 2:46 pm

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: Business Excellence Reveals Profitability in Food
Traceability

Press Release Body: According to TraceGains CEO, Gary Nowacki, notes in the current
issue of Business Excellence, "Brand protection through source verification, meeting
customer mandates for verified supply and specification product, and risk management
through improved food safety and managed recalls are no longer optional, rather
requirements that yield great profitability. The contamination issue will abate as
another food processor or retailer is reported. The potential financial risk to
these businesses far outweighs the cost of purchasing comprehensive traceability
technology. The ability to regain public trust is questionable. Saving
lives....priceless."

The critical and profitable aspects of food traceability are significant according
to manufacturing journalist Thomas R. Cutler in the current issue of Business
Excellence. Cutler outlines the traceability solutions we need to deal with the
increasing incidence of food contamination
Traceability features must include:
# Shift-production for stock to cooler (maintain traceability from cooler to further
production)
# Shift-production for process to specific orders (optimized "Meat Block Schedule"
based upon truckload or lot attributes).
Food safety is profitable
Nowacki suggested that the issue of food safety is not in opposition to increased
profitability, and that, "Technology solutions must provide complete animal to
carcass to primal to cut to case-ready traceability at the speed of commerce at
minimal cost, while economically meeting marketplace and governmental traceability
requirements. Indeed these solutions reduce the potential negative impact and the
potential cost of recalls; speeding up response rates."
Beyond the image and obvious need to keep the food supply chain safe, food
processors must look for actionable "attribute value foundation" to increase yields,
reduce costs, and drive continuous improvement. In doing so, accurate product
inventory is provided.
Enabling COOL (country of origin labeling) and NAIS (national animal identification
system) regulatory compliance is the law. Live animal solutions create export
verification program value opportunities as well as brand differentiation.

TraceGains, Inc. (www.TraceGains.com) was founded in 1998 with a 100% focus on
Positively Assured Traceability(tm). The company has a patented delivery system-14
patents granted and growing-and also is an authorized Issuer of United States
Department of Agriculture Process Verification Program (PVP) Label.
By providing real-time, bi-directional Positively Assured Traceability for food,
beverage, and CPG supply chains, TraceGains reduces risks to the corporation and its
executives, who may become personally liable in case of a recall, if unable to
comply with the FDA's 24-hour traceability requirement.
Positively Assured Traceability provides protection to subscribing companies by
delivering:
# Continuous attribute visibility for each incoming ingredient receipt.
# Identity preservation of each received material across commingling, batching,
blending, transformation, co-pack, and re-work.
# Creation of a secure Private TraceStream Data Repository which can be used for
continuous compliance monitoring, constantly comparing on-floor activities with
business rules and compliancy requirements.
TraceGains is not just about reducing risk; these unique technology solutions help
companies turn disparate data into actionable business and value chain intelligence;
it turns traceability from a cost center into a profit center. TraceGains customers
typically experience a better than 300% return on investment (ROI), and an average
profitability increase between 3-5%. Independent, peer-reviewed university studies
confirm these findings.
Only TraceGains provides bi-directional unit-level (item, carton, pallet) Positively
Assured Traceability to consolidate multiple legacy data sources and reduce
corporate recall risk, while simultaneously providing the tools to boost
profitability and cost-effectively improve 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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