Track and trace solutions help businesses track and trace the goods from production to sales and distribution. It is important to understand its impact to your operation because of the strong financial returns it brings to your business:
- Improves production efficiencies
- Improves management and reporting
- Improves accuracies and reduce mistakes
- Protects your brand
Track and trace solutions include bar code labels, radio frequency identification (RFiD) tags, holograms and other brand protection devices. Together with software solutions, they form a very powerful tool to improve your bottom-line.
Many firms invest a lot of money into producing the best products, but neglect the track and trace technologies that will protect their investments and increase productivity. For example, can you efficiently and effectively track and trace any error in your production line? Can you zero in on defective batches for product recall, or trace the problem to particular lines on the production floor?
Many companies today implement track and trace technologies to improve accuracy, sample tracking and safety. With the implementation of barcode stickers across the production line, mistakes and production faults can quickly be traced and rectified, increasing productivity and reducing the cost of identifying the faulty machines. You can also easily recall unacceptable product batches with good track and trace practices, since you know exactly which batches are problematic and where they have been shipped.