LetsVeriFy

  What is track and trace? Track and trace technologies determine a product’s status through a supply value chain. It is a smart tracking solution that provides updated information on the load status of shipping assets. Thus,  track and trace solutions  help logistic planners, managers and other logistic partners to digitally track valuable assets throughout the supply chain model.  Absence of track and trace solutions With the use of track and trace solutions, companies that have integrated supply chain systems can increase their speed in responding to various types of external events. Let’s first understand these external events that can affect company distribution before discussing the inefficiencies that could lead to a supply chain in the absence of  track and trace solutions .   Distribution of products in improper areas In order to maintain the stability of the sales network and market fairness, many companies determine the distribution of sales area...

  There has been a drastic growth in one of the largest underground industries - that is of counterfeit goods and it has taken deep roots to bring out more serious drastic problems. The results of this are extremely harmful as they are impacting the brand value of companies and organisations, taking away their credibility and customer loyalty big time. This is why the need for anti counterfeiting solutions is more than ever so that they can be used to identify as well as curtail all these unscrupulous activities by counterfeiters. Here in this blog, we tell you all about these solutions which you can use to protect yourself and your brand.  What are the different anti-counterfeiting solutions for protecting applications as well as products?  There are several solutions that can be used and implemented by companies in order to protect themselves from counterfeiting. Broadly, they are divided into four main categories. They are mentioned below: Overt: This is apparent and ...