Westminster, CO -- (SBWIRE) -- 06/20/2010 -- Typical metrics such as cost or on-time delivery give little insight into how the supply chain impacts a company’s bottom line. Knowing how individual suppliers add value to a business, or cause the ire of customers, is critical in maintaining long term success.

Correctly measuring Supplier Impact on business provides the necessary information to:

• Rank-order individual suppliers and their raw materials based on business-critical KPIs such as product yield, waste, shelf-life, and customer feedback.

• Increase purchasing power by sharing back supplier ranking data.

• Lower manufacturing costs, cost of poor quality, and charge-backs.

• Automatically raise product quality without increasing costs.

TraceGains, the leader in supplier compliance technology is conducting a webinar on Wednesday, June 23 at 2:00 PM EST / 11:00 AM PST.

To sign up for the webinar go to: https://www2.gotomeeting.com/register/769362627

The mission at TraceGains (http://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.

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