How TraceFlow Works:
Simplifying Material Management
In the fast-paced industrial landscape, outdated components can disrupt operations, increase costs, and create supply chain risks. Our B2B solution helps businesses seamlessly track, manage, and transition components, ensuring efficiency and reliability.
Solving Regulatory Compliance and Product Change Challenges.
The steps involved in managing a product change from request initiation to implementing the change and dealing with obsolete stock. It emphasizes the need for cross-functional collaboration, especially between Technical Operations, Supply Chain, and Finance, to ensure that product changes are implemented smoothly, financially viable, and that old stock is properly managed.
Component Changes
Solving Regulatory Compliance and Product Change Challenges.
TraceFlow is designed to streamline and simplify the entire process of managing regulatory compliance and product substitutions, revisions, or changes to existing products.
With our solution, you can easily track and implement product changes—whether it’s a label update, ingredient substitution, or packaging redesign—while ensuring full regulatory adherence at every step.
Obsolete Inventory
Manage Expired, Slow-Moving, and Soon-to-Expire Products with Ease
TraceFlow helps you stay ahead of inventory challenges by identifying expired, slow-moving, or soon-to-expire products before they become dead stock.
With real-time tracking and alerts, you can quickly spot potential issues and take proactive actions to minimize losses.
When an issue arises, our platform triggers an alert, prompting you to triage the situation using integrated workflow tools that guide you through each step of the process.
Excess Inventory
Manage excess stock and product cancellations
Assess and manage existing inventory of the canceled product or excess stock, including potential repurposing, redistribution, or proper disposal to avoid waste.
Excess Calculations
Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.
Features
More Features from TraceFlow?
Discover powerful tools to enhance efficiency and drive results. Maximize productivity with innovative features from TraceFlow.
Smart Proposals for Strategic Decision-Making
Streamlined Inventory Management for Efficiency & Control
Comprehensive Analytics with Workbench & Dashboard
Cost Insights
Additionally, you’ll gain insights into the cost of making these changes and understand the potential impact on obsolete inventory. The platform automates approval workflows, integrates cross-functional teams, and minimizes manual errors and delays. By enabling efficient product change management and proactive inventory control, we help ensure that your products stay compliant and market-ready, minimizing the risk of costly obsolete stock while optimizing your supply chain operations.
Cancelled Products
Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.Seamless transitions to keep your components aligned with evolving needs.