TraceGains Helps Jiffy Mix Maker Optimize Supplier Performance
Westminster, CO -- (SBWire) -- 07/26/2010 -- TraceGains, Inc., (http://www.tracegains.com) the industry leader in Actionable Intelligence solutions to help companies automatically reduce costs and improve product quality, has been chosen by the Chelsea Milling Company—makers of Jiffy mixes—to help Chelsea Milling minimize ingredient variability, provide real-time feedback to suppliers for optimized supply chain performance, and increase customer satisfaction.
“Reducing material variability is critical to continuously producing a high-performing product. By providing continuous performance feedback to our suppliers, both Chelsea Milling and our suppliers can ensure the highest quality for ingredients, finished product, and ultimately customer experience and satisfaction. This solution also automatically generates the required documentation we and our suppliers both need for rapid lookup and to support audits,” says Jack Kennedy, Chief Operating Officer at Chelsea Milling.
Named the “Automated COA Program” by Chelsea Milling, and powered by TraceGains’ Supplier Compliance/Supplier Impact solutions, the company’s quality and strategic sourcing departments have gained 100% visibility on all incoming Certificates of Analysis (COA) processed by the TraceGains service, often before product has left the supplier. COAs are automatically checked against Chelsea Milling’s quality specifications and business rules, and noncompliant materials can be rejected automatically, often even before they ship.
“Supplier Compliance is essentially an ingredient and raw material firewall. What makes the system so useful to suppliers and manufacturers is that it provides instant feedback to both. Armed with this actionable intelligence, suppliers and manufacturers can take immediate corrective action. Less waste is created and both sides gain.
The Supplier Impact solution helps trend and benchmark suppliers’ products, letting companies finally rank their suppliers on business-critical KPIs, rather than just cost and on-time delivery,” says Gary Nowacki, CEO of TraceGains.
The business benefits provided by the Supplier Compliance and Supplier Impact solutions accelerate continuous quality improvement far more rapidly than a traditional Product Lifecycle Management (PLM) system. Additional benefits include labor savings and greater labor efficiency, reduced material shortages and stock-outs, and minimized returns.
About Chelsea Milling Company, Inc.
Known for its twenty-one “Jiffy Mixes,” the company produces 1.1 million packages of its popular Jiffy Corn Muffin mix every day in addition to other products. Its recognizable blue-and-white boxes are shipped to all fifty states and foreign countries through the United States military. The company has also expanded its line by selling specially formulated products to restaurants and overseas markets.
About TraceGains, Inc.
TraceGains’ Web-delivered Supplier Compliance and Supplier Impact solutions help Quality and Strategic Sourcing departments simultaneously reduce costs while improving quality – automatically. Food & beverage makers, restaurant chains, nutraceutical manufacturers, and any company challenged with raw material or ingredient variability can quickly identify how individual suppliers and raw materials affect product outcomes such as customer satisfaction, profitability, yield, and quality. Suppliers are continuously evaluated and rank-ordered on new business-critical KPIs which go way beyond the traditional measures of cost and on-time delivery. This actionable intelligence can then be quickly leveraged for supply chain and ingredient optimization, as well as proactive risk mitigation. TraceGains is headquartered near Denver, CO, USA, with direct and partner offices throughout North America, Europe, Latin America, and Asia.
TraceGains Inc.
http://www.tracegains.com
Marc Simony
Director of Marketing
mms@tracegains.com
303-682-9898
Media Relations Contact
Marc Simony
TraceGains Inc.
303-682-9898
http://www.tracegains.com
View this press release online at: http://rwire.com/51558