Released on: October 13, 2008, 5:12 am

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: Temperature Tracing by TraceGains To Become Industry Standard

Press Release Body: 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.
To determine how different temperatures cumulatively affect the remaining life of
the product, one must measure the exact temperature accumulations in small
granularity within each area of the truck or storage facility in conjunction with
shelf-life modeling. Solutions must automatically calculate expiration dates of
perishables when received at the dock as well as document trip-level temperature
data at item, carton or pallet for a more successful conflict and dispute
resolution.
Gary Nowacki, CEO of TraceGains, suggested, "When collecting these data it is
essential that companies can seamlessly integrate into proven full-chain
traceability applications for alerting, analysis, and reporting-helping companies
pinpoint profit opportunities."
Few temperature tracing technology firms have collected years of research and
analysis into produce and proteins spoilage rates; this information is important
because remaining shelf life must be automatically determined from cold chain
temperature profiles captured throughout the supply chain process. The ability to
set upper/lower limit monitoring and real time alerts directly impacts the
percentage of perishable shrink which is often as high as 50%, and regularly 30%.
Through advanced statistical analysis and reporting companies will gain the ability
to trace back and trace forward on individual items subjected to complex processing,
packing, and logistical handling involving commingling and product transformations.
TraceGains calls this TempTrace(tm).
Scalable solutions are necessary since the need for this temperature tracing exists
from the lowest to the highest volume environments. Web-based Software-as-a-Service
(SaaS) subscription models can also drastically minimizes up-front implementation
time and expense.
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