TraceGains Supplier Compliance Proves Rapid ROI

TraceGains Supplier Compliance Proves Rapid ROI

TraceGains' Supplier compliance is self-funding, with a rapid ROI, and requires no software to purchase. Supplier Compliance monitors all incoming receipts without additional staff, while lowering the cost of goods manufactured (COGM) by 1 4 percent, reduces cost of poor quality (COPQ) from charge-back and stocks, eliminates manual CoA review, and automatically rejects out-of-specification material before receipt.

TraceGains provides an ROI Calculator and companies enter key business parameters and instantly find out how long the system will take to pay for itself. Often the total cost of Supplier Compliance is recouped in 3 to 6 months.

With Supplier Compliance companies quickly and cost-effectively produce safer, higher-quality, and more profitable finished goods resulting in greater customer satisfaction and higher customer loyalty.

Supplier Compliance automatically helps you fight daily challenges:

Provides early warning on incoming raw material ingredient issues

Minimizes risk from Certificate of Analysis (COA) data volume and latency

Catches ingredients and materials from unauthorized sources

Eliminates human transcription errors

Minimizes cost of material shortages, and processing returns from non-compliant materials

TraceGains, Inc. is the SaaS (software as a service) leader in helping companies reduce costs and improve product quality-automatically. Food & Beverage, Quick Service Restaurant Chains, Life Sciences, Chemicals, and related industries can leverage the Supplier Compliance and Supplier Impact applications to eliminate manual certificate of analysis (CoA) review, automatically reject shipments that are not compliant with critical business rules, and rank-order suppliers based on yield, quality, finished-good profitability, customer feedback, or any other downstream outcome. The company is headquartered near Denver, CO, USA, with direct and partner offices throughout North America, Europe, Latin America, and Asia. For more information please visit www.tracegains.com.

TraceGains Inc.

www.tracegains.com

Marc Simony, Director of Marketing

mms@tracegains.com

(303)682-9898

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