Automatic Warning: Spot Risky Suppliers Early
Supplier Impact gives companies the power to continuously track each supplier's trend over time, so that each can be evaluated. Food companies, including restaurants, can determine which suppliers are beginning to make quality improvements, and which suppliers are continuing to slip. The system's Supplier Risk Indicator constantly scorecards each supplier on numerous critical risk factors, including in-spec trends, audit scores, variations to spot lab tests, and many other factors that existing systems simply cannot track. The early warning system catches problems before customers report them.
TraceGains, based in Colorado, creates supplier documents; a management solution which prevents "bad stuff" (out of specification ingredients)
TraceGains, Inc. (www.tracegains.com)
Actionable intelligence is quickly leveraged for supply chain and ingredient optimization. By automatically reducing ingredient variability, finished goods are more easily and cost-effectively produced, while the cost of poor quality is significantly reduced. Charge-backs and stock-outs are kept to a minimum; purchasing and negotiating power with suppliers is increased. Follow TraceGains on Twitter at @tracegains.
Marc Simony, Director of Marketing