Can Track & Trace improve profits?

Everyone wants to have lower costs and improve their efficiency and effectiveness at the same time. Fortunately it’s increasingly possible to find approaches to do just that. As companies move from manual, compliance-oriented views of traceability and genealogy to more automated and improvement-oriented perspectives, they are finding what formerly seemed impossible: better ways to operate that also lower costs.

I believe that moving from manual and piecemeal approaches to integrated software-based traceability, genealogy and containment of issues can actually lower costs and improve outcomes. The costs of traceability can be high, and the costs of quality problems or escapes can be high and challenging to quantify.

Done manually, costs for traceability can be high. Automating these processes can lower costs, speed processes, and help avoid escapes.

Done manually, costs for traceability can be high. Automating these processes can lower costs, speed processes, and help avoid escapes.

The result: increased profitability from something traditionally considered a cost of compliance!

Consider these factors:

  • consistent data collection across locations and partners
  • data for continuous improvement programs
  • supply chain data for collaboration
  • data for root cause analysis

How practical is it to expect software to help with all of this? Very. To find out more about how to construct a process for building out such a system, please access my paper: Can Improved Traceability Lower Costs? Five steps global manufacturers can take as part of a traceability program to directly impact the bottom line

Thanks to Dassault DELMIA Apriso for sponsoring this work – and offering software to address this pressing issue for manufacturers.

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