I've Purchased And Implemented An Electronic Traceability System: Now What?

By Wayne Slater, co-author, Food Traceability For Dummies

In part one of How To Choose And Implement The Right Food Traceability System, we explored five key points in determining your company’s readiness to implement an electronic food traceability system. In part two of How To Choose And Implement The Right Food Traceability System, we looked at which approach to traceability is right for your business. This article focuses on how to get the most value and ROI out of your traceability system.

In today’s competitive food industry, any business decision to purchase new technology should undergo a cost-benefit analysis as it is an investment intended to ultimately benefit your business and improve its bottom line.

Implementing an electronic food traceability system should not be considered any different. It should be looked at in the same light as determining if the company should invest in new equipment for your plants’ floor or even a building expansion. It all comes down to the questions, “What are the benefits of this investment?” and “How long can I expect to see the payoff?”

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