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Chekkit empowers brands with supply chain digital twins using GDSN codes or IoT BLE stickers to track and trace products via cutting-edge Web3 and AI, ensuring real-time visibility
About
Chekkit via, Chektrace solution offers a transformative solution that addresses the pressing need for real-time visibility, inventory management automation, and data-driven decision-making in conventional warehousing. By integrating AI, IoT, and autonomous Bluetooth tags, Chektrace enables seamless track and trace of inventory and stakeholders throughout the entire supply chain, from production to distributors and the last mile. This innovative solution provides CPGs and other product manufacturing or distributing enterprise businesses with unparalleled transparency, ensuring all goods are traceable via unique cryptographic identifiers and smart sensor stickers.
With Chektrace, businesses can enhance operational efficiency, reduce counterfeit risks, and increase responsiveness by automating data capture and syncing it to a secure blockchain. The platform also supports seamless integration with existing warehouse management systems and 3PL partners, allowing for swift and informed decision-making based on real-time data. This results in improved agility, reduced stock shortages, and enhanced collaboration across the supply chain, positioning businesses for a competitive advantage in the market.
Chektrace is a ready-for-market solution engaging 100+ brands and tracing 200 million assets, to optimise warehousing processes, ensuring operational excellence and delivering a significant boost to overall supply chain performance.
Key Benefits
Benefits of ChekTrace for Your Business
ChekTrace offers several key benefits that can transform and enhance your business:
1. Enhanced Supply Chain Transparency: By digitizing your supply chain processes, ChekTrace provides real-time visibility into stock levels across all facilities, enabling you to monitor inventory and track products end-to-end seamlessly.
2. Counterfeit Prevention: ChekTrace's cryptographic UIDs and smart sensors ensure that only authentic products reach the market, significantly reducing the risk of counterfeit goods infiltrating your supply chain. This enhances brand trust and safety for consumers.
3. Improved Regulatory Compliance: The solution integrates with global standards like GS1, ensuring that your business remains compliant with regulatory requirements across different markets, reducing the risk of fines and penalties.
4. Efficient Product Recalls: In the event of a product issue, ChekTrace allows for quick and precise recalls at the pallet, carton, or unit level, minimizing disruption and protecting your brand's reputation.
5. Data-Driven Insights: The platform collects and centralizes supply chain data, providing you with actionable insights and analytics. This helps in identifying potential bottlenecks and improving overall operational efficiency.
6. Stakeholder Engagement: By connecting all supply chain stakeholders, ChekTrace fosters better collaboration, ensuring that every participant is aligned and informed throughout the product lifecycle.
Overall, ChekTrace not only protects your brand but also optimizes your supply chain operations, leading to increased market share, higher revenue, and stronger consumer loyalty.
Applications
Applications and Areas of Use for ChekTrace
ChekTrace is a versatile solution applicable across several industries and use cases, making it ideal for companies looking to enhance their supply chain transparency and brand protection. Here are the key areas of application:
1. Pharmaceuticals:
- Application: Tracking and tracing pharmaceutical products from production to the point of sale.
- Target Market: Pharmaceutical manufacturers, distributors, and pharmacies.
- Use Case: Ensuring the authenticity and safety of medicines, preventing counterfeit drugs, and complying with regulatory requirements like the Drug Supply Chain Security Act (DSCSA).
2. Consumer Packaged Goods (CPG):
- Application: Monitoring the lifecycle of consumer goods, from raw material sourcing to retail.
- Target Market: CPG manufacturers, wholesalers, and retailers.
- Use Case: Enhancing brand supply chain visibility, and brand protection by preventing counterfeiting and ensuring product loyalty in markets like beauty, personal care, and household products.
3. Luxury Goods:
- Application: Authenticating luxury items such as fashion, jewelry, and accessories.
- Target Market: Luxury brands, boutiques, and e-commerce platforms.
- Use Case: Protecting brand reputation by offering traceability and authenticity verification to consumers, thereby preventing the sale of counterfeit luxury goods.
4. Food and Beverage:
- Application: Tracking the origin, processing, and distribution of food and beverage products.
- Target Market: Food manufacturers, distributors, and retailers.
- Use Case: Ensuring food safety by tracking products through the supply chain, enabling quick recalls, and providing consumers with transparency about product origins and ingredients.
5. Electronics:
- Application: Tracing electronic components and devices from manufacturers to end-users.
- Target Market: Electronics manufacturers, suppliers, and retailers.
- Use Case: Mitigating risks of counterfeit parts in the electronics supply chain, ensuring compliance with regulations, and maintaining product quality.
6. Automotive:
- Application: Monitoring the supply chain of automotive parts and vehicles.
- Target Market: Automotive manufacturers, parts suppliers, and dealerships.
- Use Case: Preventing the distribution of counterfeit automotive parts, ensuring product safety, and managing recalls more effectively.
Target Market Summary:
ChekTrace is tailored for industries where product authenticity, safety, and supply chain transparency are critical. This includes pharmaceuticals, consumer packaged goods, luxury goods, food and beverage, electronics, and automotive sectors. These industries face significant challenges related to counterfeit products, regulatory compliance, and the need for real-time supply chain insights, making them ideal candidates for ChekTrace’s advanced tracking and traceability solutions.