Track and trace is the use of individual and aggregated serial numbers to establish a chain of custody for a product as it moves from the manufacturer to point of sale through distribution channels. This process allows anyone along the supply chain to verify the authenticity of the goods in question. Products are then traceable back to their point of origin, creating a more secure supply chain. The usefulness of this process has led to numerous governments adopting regulations requiring serialization in certain industries, such as the pharmaceutical industry, where grey market sales and counterfeiting are a major problem.
With the right track and trace partner, establishing a program of serialization and aggregation can be an easily achieved goal. A good partner can study your production process and help make certain the right systems and software are used to achieve an efficient and effective track and trace program. This can include either the installation of new track and trace systems onto the production line or the addition of track and trace capabilities to existing equipment.
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