Alongside a boosted brand and marketing function, traceability is particularly advantageous to those in sectors where there are strict legal requirements –like the food supply chain. But where the use of up-to-date data really comes into its own is in its ability to enable you to satisfy customer demand and be more proactive. This visibility results in a clear competitive advantage.
Having a traceability system in place means you’ll know exactly what’s happening within your operations, allowing for root cause analysis. Any defects can be reviewed: were quality checks not followed thoroughly? Was the right training not in place? Does the issue relate to a speciﬁc supplier? You can pinpoint problems or bottlenecks, which can then be resolved to mitigate the impact.
Value chain mapping can additionally be done. After all, everyone involved in bringing your goods to market needs to guarantee quality, meaning that you need supply chain traceability too. You’ll then be intimately aware of every single activity that goes into the creation of your product or service. Your processes can be integrated with theirs, and communications between each party made clear.
Traceability also enhances quality. You can identify if additional quality checks are required. Plus, you can work towards continuous improvement – through data analysis, you can spot such opportunities and optimise your processes for increased eﬃciency.
On top of this, traceability reduces waste and enables green manufacturing. Buyer decisions are increasingly inﬂuenced by a business’ carbon footprint, and it is crucial that we all help the UK reach its ‘net zero’ goal. If you need just one reason to consider a robust traceability system other than customer trust, this is it – trust us.