Digital Transformation Of Supply Chains Made Possible

 

TraceX blockchain-enabled proprietary platform can transform your supply chains to be Trustable, Traceable and Transparent.

Why Is it Important Now?

 

Brand Growth

An average Supermarket store sells about 39,000 products. In this crowded space gaining Consumer Trust and Loyalty are critical factors influencing a brand’s sustainable growth.

Credibility

Food Regulators, Investors, and Consumers across the globe are increasingly seeking verifiable claims around Sustainability Goals and Responsible Sourcing.

Safety

Reactive measure around Food safety is not a choice anymore. New-age digital platforms provide every consumer to voice any unethical or fraudulent claims. Strict regimes and processes ensuring food safety and authenticity are the need of the hour to preserve and grow brand reputation.

WHAT ARE THE KEY CHALLENGES?

 
LACK OF VISIBILITY

Supply Chains today are not fully digitized. Traditional and Manual paper-based tracking are still existent, defeating the ability to get complete visibility and transparency to gain any insights.

NO SINGLE SOURCE OF TRUTH

Data gathered within the supply chain is stored in multiple distributed systems. Making it impossible to get a cohesive insight into the entire supply chain.

UNVERIFIABLE AND TAMPER PRONE DATA

Each Stakeholder and player within the eco-system can change and modify the data and make unverifiable claims.

HOW CAN TRACEX HELP?

 

TraceX’s blockchain enabled proprietary platform digitizes end to end process of the supply chain. All agents /players of the supply chain can seamlessly add, view, and exchange information. Information captured serves as a single source of truth that cannot be tampered with or changed. Empowering every user to derive verifiable insights that drive transparency and traceability at any given time.

HOW CAN TRACEX HELP?

 

Increase Consumer Trust and Loyalty

New age consumers are all for knowing it all. With TraceX solution a quick scan of the product label provides consumer with all the details thereby providing the ability to verify each claim.

Reduce overheads for Product Recalls

Millions of dollars are spent to recall products. TraceX solution can help brands track and trace back the product at any point with minimal overhead or loss of brand credibility.

Achieve Sustainability Goals

To make sustainability goals possible. It is pre-requisite know to most granular detail of the supply chain. With TraceX solution gain most granular insights into supply chain to make sustainability goals possible and verifiable.

Promote Food Safety

Any quality or safety issue can cause brand irreparable damage. With TraceX solution Mitigate potential food fraud with the ability to verify every claim of each supply chain player.

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