Traceability, in terms of logistics, is the ability to track and identify a shipment or product as it moves through the supply chain. This process can be used to determine the location of a shipment at any given time, as well as to track and monitor the progress of production by lot or serial number. By having this information available, companies can more easily manage their inventory and production processes, ensuring that products are delivered on time and meet quality standards.

  • Traceability is a critical component of supply chain management and can help businesses to avoid costly delays or disruptions.
  • In some cases, traceability can also be used to verify the authenticity of a product, making it an important tool in the fight against counterfeiting.

Overall, traceability can provide significant benefits to businesses of all sizes, and is an essential part of logistics and supply chain management.

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