Full Circle Supply
Round Trip Transparency
Problem
Lack of supply chain visibility makes it difficult for suppliers to prove that their products are authentic, add value and should command a premium. Consequently, they lose money daily due to low buyer and consumer trust around quality, environmental, and ethical standards.
- 15% total revenue is lost on inefficient data silos by companies using supply chains
- 30% of consumers question product origin
- $450 billion is lost in counterfeit clothing annually
- $1.82 trillion total brand counterfeiting globally by the year 2020
Solution
tr8ce is an easy-to-implement, low cost, secure and efficiently distributed supply chain traceability application. It provides a co-ordinated approach across producers, merchants, logistics, and consumers.
- Proves legitimacy and quality of products
- Lessens or eliminate errors and fraud
- Improves transparency and traceability
- Creates new business opportunities
Contact:
gene [at] tr8ce.com