For many suppliers and retailers traceability remains an untapped opportunity to enhance their business as organizations are distracted by the perceived cost and effort of implementation.
As mentioned in this article ‘the irony is that their supply chains already contain a wealth of existing data, yet its high-intrinsic value goes unrecognized.’ Some of the progressive retailers acknowledge the value and are taking a lead in this industry progression. Organisations need to proactively prevent problems, improve efficiency and dramatically reduce costs to benefit their companies, suppliers and the consumer.
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