11 Jun '12, 12pm

Tracing materials across the value chain: The shifting landscape

Tracing materials across the value chain: The shifting landscape

Hardly a day goes by without a major incident involving what a global company doesn’t know about its product ingredients, performance of supply chain partners or diversion of intended product uses for customers. From coffee to chemicals to counterfeit materials, what you don’t know about your business can hurt you and cost you. As information technology advances, and the costs of acquiring information about product development, distribution and use continue to decline, the issue of “traceability” has emerged from the domain of information specialists to a more central issue of business strategy and competitive differentiation. What is traceability? Known frequently as “trace and track,” the idea of traceability has evolved across three emerging pathways that include: An ability to obtain and verify the physical location, status and history of a material, item or data. A ri...

Full article: http://www.greenbiz.com/blog/2012/05/21/tracing-materials...

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