FoodLink and Locus Traxx form partnership
FoodLink and Locus Traxx Worldwide have formed a strategic partnership to provide a single platform for retailers and their trading partners to track fresh shipments from point-of-origin to point-of-sale.
Locus Traxx Worldwide provides real-time in-transit temperature monitoring, security and GPS location alerts to prevent quality issues during the transportation of fresh food. FoodLink provides traceability and commerce solutions over an industry-wide network of fresh food buyers, shippers and growers, directly linking information from a field where food is grown and harvested all the way through packing, shipping and purchasing by retailers and consumers. The partnership between FoodLink and Locus Traxx Worldwide brings a first-of-its-kind solution to the fresh food industry, with detailed real-time visibility across a highly fragmented supply chain that can drive significant reduction of waste and improve freshness at the shelf, according to the companies.
“It is exciting to see the evolution of our industry,” said David Benjamin, CEO of Locus Traxx Worldwide. “Working closely with forward thinking partners like FoodLink makes real-time visibility throughout the supply chain a reality and provides unmatched control over the quality and freshness of their product. This is a real game changer.”
By aggregating relevant real-time supply chain data into a single source with easy-to-use analytics, retailers and their trading partners can quickly identify and respond to potential problems as products move from the field to the store, according to the companies. The information drives higher fulfillment rates and fewer rejections at time of receiving, and enables category managers and merchandisers to more accurately predict the quality and shelf-life of inbound product. The data can have a significant impact on marketing and pricing strategies and lead to a better experience for the consumer. By adding the recently announced “SmartTraxx Go” platform, real-time data can also be applied to any checkout with the click of a button.
“The convergence of data between FoodLink and Locus Traxx will change the way fresh food is managed across the supply chain,” said Eric Peters, CEO of FoodLink. “And looking forward, there is a second wave of realized value when merchandisers use the quality and freshness data to improve the way they sell products in the store.”