Released on: October 26, 2008, 9:02 am

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: Avoiding a Recall: TraceGains Urges Real-Time Alerts

Press Release Body: The mission at TraceGains (www.TraceGains.com) is to protect the
brand of food and beverage clients by eliminating problems before product is shipped
to the customer. Tracing and tracking to meet government or commercial compliance
requirements, delivered by the right traceability system provider, can be leveraged
to also give agri-food executives a more complete, decision-support instrument panel
for operational decision-making that goes well beyond traceability. This new
generation of corporate instrumentation provides executives, managers and
supervisors specific information they need to make a wide range of operational
decisions, not just traceability decisions. It can also generate alerts from the
in-line supervisor to the CEO to allow them to take the needed corrective actions to
protect or gain value from their supply chain.


According to William Pape, Founder and Executive Vice President at TraceGains,
"Having a traceability systems means you can generate real-time alerts when
something is wrong in the supply chain, and that you can generate near real-time
views of your operation to make better operational decisions. Most in-house
traceability systems can't accomplish these tasks. To accomplish these tasks, you
need to collect the relevant information from each process step (hopefully using
automatic data collection technology such as barcode or RFID), maintain identity
across product transformations, and reroute these data into an event-oriented data
mart, possibly adding some electronically collected new data. This event-oriented
data mart then contains the pedigree of each carton leaving your plant, a repository
of product attributes and key events during the life cycle of each production unit.
This pedigree data mart can be used to uncover hidden relationships between upstream
events or product attributes and desired downstream outcomes such as the
relationship between incoming raw product characteristics and the raw product
conversion percentage in the plant."

Avoid a Recall

The best outcome for a recall is preventing the recall in the first place.
TraceGains continuously monitors the enterprise, co-packers, contract manufacturers,
and upstream suppliers for compliance with business rules and regulation mandates.
Real-time alerting and risk assessment adds an extra safety net and layer of brand
protection. Continuous Compliance and a Risk Assessment dashboard bring
exception-based management capabilities to the entire organization.

Minimize Recall Damage

If a problem does occur this unique solution can minimize the brand damage by using
patented recall trace-back and track-forward technologies. A recall alert can be
initiated within minutes, reducing potentially bad news to one news cycle, and
saving customers millions of dollars in long-term brand rehabilitation costs. The
Recall Detective analyzes critical risk factors, going beyond material movement
tracking; the Recall Minimizer provides instant multiple scenarios for reduced brand
damage.

Increase Profits

By correlating and analyzing previously disparate data sets in the value chain, only
TraceGains makes it possible to connect upstream inputs, suppliers, and raw
materials to downstream outcomes such product quality or customer satisfaction.
Firms can coach or replace poorly performing suppliers and counteract
profit-draining events within the enterprise, as well perpetuate positive practices
internally and throughout the supply chain, to achieve complete profit optimization.

According to Gary Nowacki, CEO of TraceGains, "Stuff happens. No matter how well
HACCP, GMP, GAP or other systems work. Our solution continuously monitors all
critical supply chain risk points, both within and outside the four walls of an
enterprise. The system alerts busy managers to high-risk potential problems on an
exception basis, so they can take action on the most critical and preventable
problems before they are received for processing or shipped to customers."



TraceGains Inc.
www.tracegains.com
Marc Simony, Director of Marketing
traceability@tracegains.com
(303)682-9898


Web Site: http://www.tracegains.com

Contact Details: TraceGains Inc.
1860 Lefthand Circle, Suite G
Longmont, CO 80501
(303)682-9898