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Industry Benefits

  • Michele SouthallEmail author
Chapter
Part of the Food Microbiology and Food Safety book series (FMFS)

Abstract

Traceability is a supply chain visibility application that leverages event-based information about products to support track and trace, and recall. However, traceability is only one application of that information. As described in the real-world examples provided in this chapter, supply chain visibility information can also be used to enhance and improve many business processes, providing companies with on-going incentives and opportunities to improve their business and the bottom line.

Companies implementing supply chain visibility can make use of the data to achieve operational efficiencies and process improvements for inventory management, category management, asset management, quality management, and/or demand forecasting. Improving supply chain visibility can also help reduce errors during procurement and order fulfilment, thereby decreasing error rates and improving selection accuracy. Moreover, supply chain visibility can promote brand reputation and consumer confidence, advance food safety, and strengthen sustainability efforts. Supply chain visibility has bottom line benefits that drive a real-world return on investment (ROI) for implementing or enhancing traceability and supply chain visibility programs.

Keywords

Traceability Visibility Supply chain Track Trace Recall Benefits ROI Food Safety 

Abbreviations

CEO

Chief Executive Officer

FDA

United States Food and Drug Administration

FSMA

Food Safety Modernization Act

GDSN

GS1 Global Data Synchronization Network

GFTC

Global Food Traceability Center

IFT

Institute of Food Technologists

PMA

Produce Marketing Association

POS

point-of-sale

ROI

return on investment

UFPA

United Fresh Produce Association

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.GS1 USChicagoUSA

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