The Critical Importance of Supply Chain Traceability and Trackability
The increasing focus on sustainability is resulting in higher prices for verifiably sustainable goods.
As such, there is a strong commercial incentive for unscrupulous businesses to manufacture fakes, underlining the need for far-reaching standards and interoperability frameworks covering traceability and trackability in modern and intelligent production chains.
Traceability creates value, reduces risk, and ensures compliance by tracing a product or raw material’s history, while trackability is the primary method of guaranteeing product quality, safety and that it meets industry standards and certifications. To find out more, we spoke to leading experts in the field.
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