TraceGains Inc.

TraceGains and Actionable Data in May Business Excellence Magazine

 

Westminster, CO -- (SBWIRE) -- 05/21/2010 -- The mission at TraceGains (www.TraceGains.com) is to make the food supply chain safer and more profitable by helping companies produce finished goods faster, better, and more cost-effectively. Supplier Compliance is a food safety firewall that allows companies to detect and eliminate problems in the supply chain before they are incorporated into finished goods and shipped to customers. By reducing ingredient variability, the finished product becomes less costly to manufacture, performs better, and ultimately increases customer satisfaction. Supplier Impact enables companies to easily measure how each supplier affects finished goods quality and profitability, and connects product outcomes and customer feedback to specific upstream ingredient suppliers. Suppliers are continuously scored based on performance of key attributes for each shipment, and rank ordered against their peers. With the TraceGains’ CaseTrace and LabelTrace solutions, companies can achieve true ingredient-level traceability. Effective product recalls are accelerated and performed at the unit level, so recall costs, long-term brand damage, and brand rehabilitation costs are minimized. LabelTrace can be expanded to include brand authentication and consumer-level loyalty marketing. All TraceGains solutions present findings in easy-to-understand dashboard graphics with full drilldown capabilities, which are available for onsite deployment or delivered as SaaS (software-as-a-service). Headquartered in Longmont, Colorado, USA, TraceGains has direct and partner offices throughout North America, Europe, Latin America, and Asia.

Manufacturing journalist TR Cutler authored a feature article in the current issue of Business Excellence Magazine titled Actionable Data. According to Cutler, “Dashboards that illustrate real-time shop floor, plant, or warehouse production and product movement sound good. Graphs and charts that pictographically represent what is happening as it is happening also sound informative, interesting, and theoretically helpful. All these data mean nothing if they are not actionable.”

As a new way to speed continuous improvement efforts, actionable data will optimally catch problems before defective, damaged, or faulty materials or ingredients are worked into finished goods. Actionable data in practice should minimize manufacturing costs while maximizing finished goods quality and profitability. Gary Nowacki, CEO of TraceGains, recently addressed the premise of actionable data: “Connecting the supply chain ‘dots’ from raw materials to finished goods ensures supplier compliance and measures supplier impact, and when leveraged correctly results in new profits.”

TraceGains Inc.
http://www.tracegains.com
Marc Simony, Director of Marketing
traceability@tracegains.com
(303)682-9898