track and trace
Track and trace technologies enable a product’s status to be captured through the value chain, and to retrospectively identify and verify its path. Solutions typically include elements for: (1) associating products or materials with unique identifiers (UIDs); (2) capturing events at various points in the supply chain; and (3) performing analytics and reporting on the information. Some solutions include messaging to share information with regulatory agencies or trading partners, and some also support capabilities for product authentication.
- Part of Speech: noun
- Industry/Domain: Technology
- Category: Information technology
- Company: Gartner
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