Released on: 31, December 1969
, Author: Thomas R. Cutler Industry: Software Press Release Summary: Perishable Shrink Deemed Unacceptable
, Audience: Software related
eGains, Inc. (www.TraceGains.com) was founded in 1998 with a100% focus on Positively Assured Traceabilityâ . The company has a patented deliverysystemâEUR"14 patents granted and growingâEUR"and also is an authorized Issuer of UnitedStates 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 itsexecutives, who may become personally liable in case of a recall, if unable tocomply with the FDAâEUR(tm)s 24-hour traceability requirement. TraceGains is not just about reducing risk; these unique technology solutions helpcompanies turn disparate data into actionable business and value chain intelligence;it turns traceability from a cost center into a profit center. TraceGains customerstypically experience a better than 300% return on investment (ROI), and an averageprofitability increase between 3-5%. Independent, peer-reviewed university studiesconfirm these findings.The ability to set upper/lower limit monitoring and real time alerts directlyimpacts the percentage of perishable shrink which is often as high as 50%, andregularly 30%.To determine how different temperatures cumulatively affect the remaining life ofthe product, one must measure the exact temperature accumulations in smallgranularity within each area of the truck or storage facility in conjunction withshelf-life modeling. Solutions must automatically calculate expiration dates ofperishables when received at the dock as well as document trip-level temperaturedata at item, carton or pallet for a more successful conflict and disputeresolution. Few temperature tracing technology firms have collected years ofresearch and analysis into produce and proteins spoilage rates; this information isimportant because remaining shelf life must be automatically determined from coldchain temperature profiles captured throughout the supply chain process. Through advanced statistical analysis and reporting companies will gain the abilityto trace back and trace forward on individual items subjected to complex processing,packing, and logistical handling involving commingling and product transformations. TraceGains calls this TempTraceâ .Scalable solutions are necessary since the need for this temperature tracing existsfrom the lowest to the highest volume environments. Web-based Software-as-a-Service(SaaS) subscription models can also drastically minimizes up-front implementationtime and expense. Gary Nowacki, CEO of TraceGains, suggested, âEUR When collecting these data it isessential that companies can seamlessly integrate into proven full-chaintraceability applications for alerting, analysis, and reportingâEUR"helping companiespinpoint profit opportunities.âEUR Only TraceGains provides bi-directional unit-level (item, carton, pallet) PositivelyAssured Traceability to consolidate multiple legacy data sources and reducecorporate recall risk, while simultaneously providing the tools to boostprofitability and cost-effectively improve operational excellence.TraceGains Inc.www.tracegains.comMarc Simony, Director of Marketingtraceability@tracegai ns.com(303)682-9898
Source: Express-Press-Release.com
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