Illes Seasonings & Flavors had not really explored using any outside Supplier Document Management Systems before TraceGains. Schauf found TraceGains to be much more user friendly and non-burdensome to the firm’s suppliers. He noted that the technology solution was very comprehensive and easily customizable. The capability to cover virtually all aspects of vendor management has had significant impacts and he praised the technical support and innovation of TraceGains.
The most unique challenge was managing the vast number of vendors and ingredients dealt with as a custom seasoning and flavor company. There are several hundred ingredients and dozens of vendors every month. The company is not so large that it can staff to scrutinize the volume of data received (COAs, specs, certifications)
TraceGains is automatically applying data collection and making actionable decisions accordingly. Schauf reported, “One of the best aspects of the TraceGains approach is managing by exception. The software not only collects, files, and collates information for reference, but can generate reports on any areas of interest. This allows us to focus our attention on addressing real issues in a timely and effective manner.”
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