The International Organisation for Standardisation (ISO) defines traceability as 'the ability to trace the history, application, or location of any entity by means of recorded identification'.
Today there is an ever increasing demand from regulatory bodies for manufacturers and producers to be able to reveal the provenance of any product - from the start of its life cycle to the time it reaches its ultimate consumer. There are many different drivers for traceability including environmentalists, governments, retailers and the general public. From forestry to food, agriculture to pharmaceuticals every industry is under increasing pressure to prove the provenance of a product at any time in its development.
In particular, it is the growing demand from consumers who are becoming more and more concerned about the products they consume: has this garden furniture come from a sustainable source? Does this product meet safety standards? Is this food from a healthy source?
Organisations should not just regard traceability as an obligation that must be fulfilled to meet external requirements - it's a real business opportunity. Companies embracing the need for robust, secure traceability solutions are gaining significant competitive advantages over competitors unwilling to invest in this area.
Track Record has been at the forefront of traceability technology for many years and its founders have experience in designing robust traceability systems for many industries including forestry, arable and livestock agriculture, food and the pharmaceutical industry.