Introduction to Traceability Solution
Logility's traceability solution offers organizations the opportunity to achieve enhanced visibility and efficiency within their supply chain operations. With the increasing demand for transparency at every level of the supply network, companies are seeking tools that can provide comprehensive traceability from material origin to the importer of record. This strategic initiative by Logility addresses these modern-day challenges head-on.
Ensuring Supplier Transparency
To ensure supplier transparency across the supply network, Logility's traceability solution centralizes information and tracks the chain of custody for every product. By identifying the digital thread of each product, companies can generate compliance certificates that summarize the exchange of products and materials throughout the supply chain. This includes documenting purchase orders, packing lists, invoices, and other transactional details across all tiers of the network, ensuring compliance and risk management through anomaly detection, exception alerts, advanced analytics, and proactive notifications.
Centralized Information Management
One of the key features of Logility's traceability solution is its ability to centralize information and maintain comprehensive supplier profiles, certifications, and evaluations. By verifying the origin, supplier, and consumption of all materials used in the finished product before shipment, companies can ensure greater transparency and accountability throughout the supply chain. This centralized approach also enables efficient tracking of every transaction, enabling companies to make data-driven decisions and optimize their supplier relationships.
Balancing Sustainability with Profitability
In the evolving landscape of supply chain management, balancing sustainability with profitability is crucial for long-term success. Logility's traceability solution not only enhances supply chain visibility and efficiency but also supports organizations in achieving sustainability goals while driving profitability. By leveraging the advanced capabilities of the digital supply chain platform, companies can effectively manage suppliers, consolidate data, and optimize outputs to achieve a balance between economic viability and environmental responsibility.