Track and Trace tightens Supply Chain Security
Globalisation of supply chains is leading more and more companies to discover that their businesses are ripe for fraud and theft. The expansive and complicated nature of global supplier networks, volatile ebbs and flows in demand mean 21st century companies face a significant lack of control. The more complex the supply chain, the greater the risks because theft and fraud thrive on complexity. In addition, because supply chains are global, individuals seeking to commit theft and fraud can operate in locations where they feel safest.
The scale of supply chain fraud can be difficult to measure. A recent report, which surveyed 892 global executives, 42 percent of companies worldwide had suffered from at least one incident of supplier fraud or the theft of physical assets, 9 percent of companies had suffered both types.
But companies can do much to tackle the growing risk of supply chain theft and fraud but only if they take fraud and theft prevention seriously and that involves taking track and trace seriously.
Traceall specialise in advanced tracking and traceability solutions to protect high value, high risk products through the entire supply chain. We work internationally with manufacturers to deliver comprehensive supply chain transparency, traceability and security to eliminate losses due to damage and theft for products such as biopharmaceuticals, food and perishables, computers and consumer electronics.
Our specialist traceability and quality control solutions are developed solely for the food and beverage industry and combine aspects of quality management, traceability and lean manufacturing. A solution that is a flexible, easy to use and bespoke tailor to each producer’s requirements, it effectively replaces pen & paper with no additional investment required in people or equipment. It also delivers the required ingredient level granularity essential for effective traceability to help prevent product recalls. A unique web based element enables both suppliers and customers access.
Our high strength, next generation GPS/GSM product tracking solutions extend visibility right down to the product level, inside the carrier’s vehicle and shipping units, giving continuous 24/7 real-time visibility for product location + temperature + impact. Deployed either covertly or overtly they enable full transparency of the transport environment to quickly resolve issues and determine accountability.
