Food, beverage, and CPG companies have unique challenges:
TraceGains Supplier Management streamlines supplier qualification and sourcing by collecting and digitizing supplier documents, extracting the relevant data, and arranging it into performance dashboards and reports. Users can choose standard or custom dashboards for allergen, organic, country of origin, nutrition, risk analysis, and other mission-critical data. The system generates automatic alerts when supplier documents are missing, incomplete, or about to expire.
Leveraging TraceGains Network, users can easily connect with suppliers, and necessary documents are instantly delivered from a vast supplier document repository. On average, our customers find that 70 percent of their suppliers are already in TraceGains Network, allowing them to immediately connect and collaborate. If it’s not documented, you didn’t do it, especially in the eyes of an auditor. TraceGains customers regularly report on how delighted auditors are when documents and underlying data are just a click away.
Did You Know?
If you own TraceGains Supplier Management, you now also own Market Hub? We want to ensure that in addition to better supplier relationships you can also quickly source what you need.
Highlights risk by supplier, item, and geography, identifying the most critical threats to the business
Centralizes document management so users can quickly search, filter, and organize
Cuts audit preparation time from weeks to hours with immediate documentation and data access
Accelerates new product development with faster identification and approval of items and suppliers
Digitizes documents for data mining and trend analysis to drive continuous process improvement
Empowers everyone in the organization to spot issues and track progress with configurable dashboards
New suppliers are automatically reminded to submit all required documentation (e.g., annual audits, FDA facility registration number, C-TPAT, kosher, organic, etc.)
Suppliers receive automated alerts when documents are about to expire. Corrective Action Requests (CARs) can be sent when suppliers fail to respond
For customers running both TraceGains and Genesis R&D®, users can turn on DataLink to sync supplier ingredient information without having to re-enter it manually into Genesis
Leverage TraceGains advanced risk scoring algorithms or insert custom scoring for suppliers and items to pinpoint risk
Documents and reminders go to necessary personnel so activities continue and visibility is maintained
Configure automatic notifications for any supplier-related performance event for both internal and external stakeholders
Ensure your business is always audit-ready for GFSI, FSMA, HACCP, or any other audit program with quick access to key documentation
Scorecard suppliers—with the ability to share results—gain a clear picture of how suppliers perform against business requirements
Rather than emailing customers individually, the system can send requested documentation to multiple customers at once