TraceGains Impacts Perishable Shrink with FEFO

Nowacki, CEO of TraceGains, suggested, "There aretechnology solutions available to overcoming the high cost of perishable shrink andthey must prioritize inventory and shipments based on FEFO: First Expired, FirstOut." The FEFO concept is based on the following core ideas: 1) Temperature control must be monitored.2) Temperature varies greatly inside a storage room, container or truck.3) Even slight temperature variation affects the remaining shelf life of produce andtemperature exposure has a cumulative effect.4) Identifying the temperature exposure of individual pallets or cases of produceallows prioritization on the basis of remaining shelf life, instead of simpletransit and storage times.Perishable shrink costs retailers a tremendous amount of money. Vulnerable itemssuch as meat, dairy, fruit, vegetables, and flowers can expire prematurely due toincorrect temperature handling in the supply chain. Transportation and interimstorage at the distribution center all affect the final quality of the saleableproduct. Consumers are quick to judge based on appearance and remember when aproduct does not meet their expectations.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.Assuring freshness for the entire refrigerated food supply chain requires much morethan just a cold chain and cold storage solution. A complete end-to-end temperaturetraceability is needed for all temperature-sensitive products as well as predictingthe remaining shelf-life when products arrive. Traceability programs must beconverted from a cost-center to a profit center by using appropriate data collectiondevices to tie logistical information with temperature data collected at regularintervals throughout transportation and storage on the item, carton or pallet levelacross any part of the supply chain.TraceGains, Inc. (www.TraceGains.com) was founded in 1998 with a 100% focus onPositively Assured Traceability(tm). The company has a patented delivery system-14patents granted and growing-and also is an authorized Issuer of United StatesDepartment 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 FDA'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.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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