Why is this good for businesses?
- It reduces the risks by filtering out critical points
- In case of anomalies it helps to react in time
- It reduces loss due to expired products
- It helps meet quality and increasingly stringent safety rules
- Accelerates the identification of procurement problems
- Increases the efficiency of logistics and distribution
- It helps to protect the reputation of the company against counterfeits
Why is this good for consumers?
- Consumers get relevant information about the product
- Consumers see a transparent process
- This increases the feeling of safety
- Consumers get extra service
- Loyalty to the product
Unique identification and product tracking systems
Product tracking is a basic requirement in all manufacturing industries, but this meant so far only shipments tracking and not the identification of individual products.
With the help of identifiers generated randomly by digital means, a new era starts: in the future, both faulty and fake goods can be clearly filtered out.
The lifetime of each product can be traced back with the unique identifier placed on the product.
The lifetime of each product can be traced back with the unique identifier placed on the product.
From the “birth” of the raw material, from the moment of production until the arrival to consumer, all steps (i.e. packaging, transport, storage, etc.) are documented.
Manufacturers, authorities and consumer are all interested in the operation of a tracking system.
Due to the high number of the entities involved, a stable Track&Trace system ensures the recording of and access to authentic information and the accurate identification of products.
