Westminster, CO -- (SBWIRE) -- 07/16/2010 -- 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.
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 will teach participants how to:
Automatically stay informed on suppliers' audit statuses on a continuous basis.
Receive instant notifications when suppliers' audits, insurance certifications, and any other compliance items are due to expire.
Link lab data to suppliers' shipped lots and continuously compare results.
Automatically digitize Certificate of Analysis data for easy retrieval and analysis.
Proactively manage risk with a system that illuminates and predicts risk for each or your suppliers.
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.
By achieving 100% actionable visibility on all incoming Certificates of Analysis, often before product receipt, companies can move to exception-based management, allowing staff to focus on higher-value tasks such as advanced quality control, strategic sourcing, proactive supplier management, and better customer service.
Suppliers are continuously evaluated and rank-ordered on new business-critical KPIs that 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 across supply chains.
By automatically reducing ingredient variability, finished goods are more easily and cost-effectively produced, while the cost of poor quality is significantly reduced. Charge-backs and stock-outs are kept to a minimum, while purchasing and negotiating power with suppliers is increased.
Trace Gains (http://www.tracegains.com) 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