Westminster, CO -- (SBWire) -- 07/29/2010 -- 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.
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 TraceGains Supplier Compliance and Supplier Impact services companies can streamline supplier audit data, and at the same time leverage this same information for lean continuous business improvement. To participate in the webinar sign-up at: https://www2.gotomeeting.com/register/929725131.
Staying on top of suppliers and their audit status and other key information is time-consuming and costly. Risk from an out-of-compliance supplier may be even more costly. Up-to-the-minute information about suppliers is critical to insuring safe, saleable, and consumable goods. TraceGains’ webinar on Tuesday, August 3rd, 2010 at 11:00 AM Pacific / 2:00 PM Eastern.
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 http://www.tracegains.com.
TraceGains Inc.
http://www.tracegains.com
Marc Simony
Director of Marketing
mms@tracegains.com
303-682-9898
TraceGains Supplier Compliance Proves Rapid ROI and More Profitable Finished Goods