How to solve the supply chain maze ?
Companies have to deal with multiple touch points in the supply chain. However, lack of flexibility, visibility, and fragility of the Supply chain leads to issues like Product Diversions, Counterfeiting, low visibility, and Inventory miss management. Existing solutions fail to identify such threats that can lead to revenue losses, negative goodwill, and friction in the supply chain.
Solving this LetsVeriFy’s powerful QR Based track and trace solution can
- Digitally transform the supply chain
- Serialize, Connect and Track products
- Monitors Inventory and flag Diversions
- Improves supply chain visibility
Track your Products through the supply chain
Powered by Serialization, Aggregation, and Centralized Data Accumulation technology. It enables product tracking from the factory to the end-customers mapping every point in the supply chain. By offering unique codes, the entire process is cost-effective. It leads to:
- Unique and serialized product Identity
- Aggregation of all products
- Item tracking and traceability
- Links with Distributors/Dealers
- Detects Diversion
- Maps supply chain with end customers
- Captures recalled products
- Key insights on data collected
Collecting and providing the information on when and where and by whom the product was purchased, manufactured, stored, transported, and distributed just becomes easy!
Designed to meet custom needs
- Supports complete or partial deployment
- Completely customizable
- Automated and Manual Systems
- Cloud-Based solution with capabilities
- Integratable with Enterprise ERP
- Custom analytics, insights, and reports
- Detection diversions based on custom rules rules
- Real-time location-wise data analytics
- Trusted partners for machinery and equipment
- Links with invoice billed by factory/warehouse
Benefits Of having Track and Trace Solutions
- Track all the data points and events in the supply chain
- Identify and flag diversions
- Minimize losses due to dead and expiring stocks
- Get a holistic picture of your supply chain in real-time
- Easily identify the suspicious vendors
- Easily recall the faulty products
- Reduce your brand counterfeiting in the market
- Maintains Distributor/Dealer records
Brand Factory
- During the manufacturing process, each product is given a unique identity.
- Each product’s UID is mapped with its details like Name, expiry, Batch No, D.o.m, How to use, etc.
- Products are mapped with larger packaging they are part of.
- Packaging and dispatch are mapped with the system.
- Can be dispatched to Warehouse/Distributor or customers
Warehouse
- Accepts Products from factory or other warehouses
- Real-time Inventory tracking
- Dispatch to other warehouses/distributors or customer
- Add Invoice details/ Transport details
- Handles product returns
Distributor/Retailer
- Products are mapped with distributors' details
- Run loyalty programs for Distributors/Retailers
- Detects and flags diversions
Customer/Influencer
- Customers verify product authenticity
- Gets rewards on product verification
- Tracks diversions based on customer locations
- Maps the complete supply chain
Track your Products through the supply chain
As a brand owner, you must want to ensure that your quality product reaches your customer through the right channel. Diversions, counterfeiting, hoarding and illicit sellers affect your Brands negatively. A system that can connect and improve supply chain visibility can prevent such problems.
Track and trace solutions with identification, serialization and aggregation technologies using LetsVeriFy’s encrypted qr codes are reliable and effective. It ensures complete supply chain visibility to streamline delivery of the products from the brands and to their customers.
Track and trace solutions provide numerous information, such as purchase order numbers, Invoice Number, Inventory levels, customer information, products mapped with distributor and retailers and much more
LetsVeriFy track and trace solutions can be integrated with your existing ERP systems to ensure accurate information and inventory. Once adopted, it offers a comprehensive knowledge-rich environment to enable brands to steer through track and trace compliance mandates with ease, manages recalls better, and increase the overall efficiency of their operations
With LetsVeriFy’s powerful track and trace solutions, brands can get tap these benefits:
Scalable and flexible
Tailored to suit the unique needs of your production line, our track and trace system is flexible enough to align easily with your existing product packaging systems.
Interoperable with third-party systems
Designed to offer complete automation in packaging processes in adherence to compliance norms, LetsVeriFy track and trace system easily aligns with multiple packaging lines and existing systems. By effortlessly integrating with third-party management software, it allows for streamlined aggregation of data from various stages in the packaging process and the larger supply chain ecosystem.
Data integrity
Securing crucial data is of utmost priority to every business. Our track and trace solutions offer complete electronic access to audit trails and ensure the secure movement of data from third-party platforms. With user authentication and login control features, our solution makes sure your data is secure.
- Accurate tracking of manufactured products
- Accurate managing recalls and returns
- Enhance company image and provide improved customer service
- Provide timely information to providers and customers
- Eliminate tracing calls for lost products
- Accurate tracking and tracing of shipped products
- Decreased paperwork
- Decrease time-consuming searches for order information
- Flags diversions
- Maps completely supply chain
- Inventory management expenses
- Stock levels
- Manual checks
- Product returns
- Data entry duplication
- Errors
- Labor costs
Leverage LetsVeriFy powerful track and trace solutions!
Improving the accuracy, efficiency, and reliability of products, processes, and delivery to customers just becomes hassle-free with LetsVeriFy advanced technological solutions. Bring real-time visibility into your supply chain processes and improve your bottom line drastically!