When looking to implement a Traceability System, there are several things you will need to consider. Quality control and environmental impact are two key factors that should be taken into consideration, however, you should also look at the wider picture. In this blog, we explore these considerations, together with the positive impact a traceability system has on production and the financial gains.
Considerations to think about
1. Quality control
Management of production quality ensures your goods are of a high standard when they leave the production line. A better-quality product essentially guarantees higher revenue and more satisfied customers who are likely to be loyal and give back to your business time after time. A quality product also differentiates you from the competition.
By considering quality control when looking to implement a Traceability System, you should query if the quality of your products will improve. And if what’s said above is to go by, the answer is a resounding yes. In fact, the Stevens Traceability System improves traceability by tracking every ingredient used in the manufacture of a product, with quality assurance tools to help you achieve strict quality assurance standards.
2. Environmental impact
Sustainability is now an essential aspect of ensuring business success. Now more than ever do customers have an awareness of the environmental impact both products and businesses can have. It’s therefore important to consider the environmental impact your business will have if it implements a Traceability System.
The good news is that a Traceability System improves sustainability in several ways. The first way is by reducing product giveaway and waste. By ensuring the exact amounts of ingredients are added at the right time, product defects are minimised, as well as a reduction in ingredient wastage as well.
Secondly, a Traceability System reduces your business’s environmental impact by implementing a digital record system. Transitioning from paper documents to a paperless Traceability System vastly reduces the environmental impact your business has, improving its sustainable credentials for the better.
3. Production capacity
Production capacity is an essential element to consider when looking to implement a Traceability System. Many manufacturing businesses rely on having a bank of stock so they can consistently supply goods that meet demand. It’s crucial therefore to consider if your production capacity will take a downward direction and impact your stock.
Traceability Systems, just like the Stevens Traceability System, actually improve product efficiency, which in the long run improves production capacity. You’ll have visibility of production blockers like bottlenecks, so you can resolve them quickly, getting products off the line and dispatched quicker.
4. Business-wide performance
If you are looking to implement a Traceability System you should consider how it could impact the performance of your business. The good news is that good traceability could improve business-wide performance.
A Traceability System saves time on employee stock checks by digitally tracking what you have in stock already. By saving your employees from having to manually audit, and carry out other admin and labour intensive tasks, they can invest their time elsewhere where it’s more productive and beneficial to the business.
By investing their time into something more worthwhile, it can be said that a Traceability System improves performance management and boosts employee engagement and productivity.
5. Financial performance
A key aspect to consider if you are looking to implement a Traceability System is financial performance. Will your business perform better financially with a Traceability System? It’s crucial to consider this because without financial success, your business will fail to grow with the demand, compete effectively, meet your business goals, and will essentially become obsolete.
In short, good traceability can improve financial performance. In our mind, this is just as good a reason as any to implement a Traceability System this year.
Get in touch with us
If you are looking to implement a paperless Traceability System into your business, we offer a wealth of experience and would be happy to have an informal chat about your business needs. Visit our contact us page and get in touch. If you have a general enquiry, head over to our website and use the chat function to pick our brains.