Firmsí partnership aims
to improve supply chain
visibility for food, drugs
Feb 17, 2012 9:59 AM
Leavitt Partners, a health care and food safety consulting firm, and Park City Group (NYSE Amex: PCYG) have teamed up to improve supply chain visibility for food and drug safety.
Their solution creates visibility from farm to fork in the food industry, and from manufacturer to pharmacy in the pharmaceuticals industry. Their partnership will help food retailers, foodservice operators, wholesalers, and manufacturers protect their brands and comply with current and future regulatory requirements that could emerge from the Food Safety Modernization Act (FSMA). It will also provide tracking and tracing of pharmaceuticals through the supply chain from manufacturer to retailer.
The database of trading partner connections can quickly and economically help identify the source of suspect product, as well as track it throughout the supply chain. Since the system works with existing electronic documents, it requires no special labeling, hardware, or software. It can be deployed for no more than the cost of an average monthly cell phone bill. The database will reduce tracking times from weeks to minutes, so affected products can quickly be identified and removed from trade channels. The partnership expects to start operation with a select number of retailers, foodservice operators, wholesalers, and manufacturers in the next few months.
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