The tracking of a product from raw material stage to consumer stage is called product life cycle management. It’s a strategy to understand where your product is in the supply chain. Some of the most popular customer-tracking products are food items, medications, fresh produce, products moving through the supply chain, or consumer goods. Whether it is toys, electronics, garments, collectibles, or food, it is just not enough for any product to have a unique identifier anymore. Tracking fake and genuine products through traceability solutions is a critical task for all businesses wishing to carry out their business responsibly and protect their brands from counterfeits.
Traceability Solutions enables to capture a product journey through the value chain. During the journey the solution helps introspection, loss, and improvements of the product in the value chain. Workbeans provide unique solution proving Provenance and building Trustworthiness for your products.