Press Release Body: 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). 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%. 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. 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. 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. 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." 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. 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
2012
