Capterra Glossary
Track And Trace
Track and trace technology help manufacturers monitor and trace the location of their product as it makes its way through the supply chain. This can be done in many phases of the process. It can be done by either attaching unique identifiers (or UIDs) to the product or material, by capturing events at different points in the supply chain (such as important drop-offs or arrivals), or by performing analytics and reporting on the information.
What Small and Midsize Businesses Need to Know About Track And Trace
Track and trace technologies have become more and more popular. That's because consumer want safer, more transparent shipments, a business owner wants knowledge of supply chain disruptions. Track and trace often depend on barcodes, but radio frequency identification (RFID) and real-time locating systems (RTLS) also see plenty of use in track and trace technology.