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Track And Trace
Track and trace technology help manufacturers monitor and trace the location of their product as it makes its way through the supply chain. This can be done in many phases of the process. It can be done by either attaching unique identifiers (or UIDs) to the product or material, by capturing events at different points in the supply chain (such as important drop-offs or arrivals), or by performing analytics and reporting on the information.
What Small and Midsize Businesses Need to Know About Track And Trace
Track and trace technologies have become more and more popular. That's because consumer want safer, more transparent shipments, a business owner wants knowledge of supply chain disruptions. Track and trace often depend on barcodes, but radio frequency identification (RFID) and real-time locating systems (RTLS) also see plenty of use in track and trace technology.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business