Food Supply Chain Monitoring: Fraud Prevention Traceability Software Launched
Mar 15, 2023
rfxcel - a global technology company specializing in product tracking and protection solutions - announces an expansion of its services for food brands.
Reno, United States - March 15, 2023 /PressCable/ —
The latest move responds to research suggesting that food fraud is affecting as much as 1% of the global food industry, resulting in losses of around 10 to 15 billion dollars every year. rfxcel offers businesses a next-generation Traceability System with real-time tracking and a unified view of a product's entire lifecycle.
More details can be found at https://rfxcel.com/brand-protection
The announcement underlines rfxcel's position at the forefront of the brand integrity software space. The company mitigates the threat of theft, counterfeiting, and diversion from criminals, inspiring trust and confidence in trading partnerships. rfxcel shields every product with a unique digital identity, harnessing cutting-edge technology to improve engagement and transparency at every stage of the production and delivery process.
According to the food safety monitoring agency Food Chain ID, the most common types of food fraud concern false information about an animal's origin and deception regarding dilution or substitution. A report by American Food Sure highlights the health risks posed by these illegal enterprises as well as the knock-on effects on consumer confidence in the industry as a whole.
rfxcel allows clients to monitor individual units and aggregations on land, sea, and in the air. This enables the authentication of products at any stage of the supply chain. From the tracking of raw materials to quality control of finished goods and eventual order fulfillment, the company ensures healthier communication and fosters collaboration and trust between brand partners. Learn more at https://rfxcel.com/rfxcel-brand-protection-strategies/
Other features of the rfxcel platform include compliance management, real-time cold chain monitoring, and predictive analytics to improve productivity and performance. Each user is assigned a dedicated support agent with the advisory team on hand to answer queries and resolve issues 24 hours a day, seven days a week.
Reporting is covered via documented release notes, risk assessments, and detailed test results. The company can implement a fully validated production solution within 20 to 30 days so clients can get up and running with minimal delay.
A spokesperson says, “The rfxcel brand protection and traceability solution is a full-stack product suite that allows you to follow your supply chain in real-time from anywhere in the world.”
For more information, interested parties should visit https://rfxcel.com/fsma-traceability-requirements/
Contact Info:
Name: Garrison Spik
Email: Send Email
Organization: rfxcel - Part of the Antares Vision Group
Address: 5385 Reno Corporate Drive, STE 200, Reno, NV NV 89511, United States
Website: https://rfxcel.com/
Source: PressCable
Release ID: 89092064
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
Hong Kong ranks 7th globally in drawing next wealthy class – trailing Singapore: study
Hong Kong ranked seventh globally as a destination for attracting and retaining the next generation of high-net-worth individuals (HNWIs), trailing traditional rival Singapore in sixth place, according to a Savills study. The two top finance hubs in the Asia-Pacific region have been stepping up efforts to strengthen their positions as regional wealth-management hubs amid an unprecedented global transfer of wealth between generations. “Hong Kong offers many incentives similar to Singapore,”...
From stock losses to bond bets: 5 figures investors are watching in China
A sell-off in technology stocks pushed mainland Chinese equities to their lowest level in more than a year, even as Beijing stepped up support for the economy with a key interest rate cut. At the same time, Chinese government bonds attracted fresh interest as US Treasury yields climbed to a new high. Here are some figures that have captured market attention this week. China’s CSI 300 Index hits 13-month low Mainland China’s CSI 300 Index dropped 2.2 per cent on Monday to its lowest level since...
NTC: Due process observed in mobile internet service speed-tests sanctions
The National Telecommunications Commission (NTC) on Friday said its recent mobile broadband service speed tests which resulted in sanctions against Globe, PLDT-Smart, and DITO have undergone due process.
GCash parent Mynt sets final IPO price at P6.60 per share
Mynt Inc., the parent company of mobile wallet GCash, announced Friday that it has set the final price for its initial public offering (IPO), which could amount to about P60 billion, in what could be the largest and most anticipated IPO in the Philippine capital market.
DeepSeek effect? How China’s quant funds thrive amid tight regulatory scrutiny
China’s quantitative investing sector has added 18 new members to the ranks of funds managing more than 10 billion yuan (US$1.5 billion) in assets this year, underlining the industry’s ability to generate competitive returns despite a tight regulatory environment. The firms were among 159 Chinese hedge funds overseeing more than 10 billion yuan each, according to financial news agency Cailian Press. Their growth has been fuelled by technology-driven momentum in the world’s second-largest stock...
Gasoline, kerosene prices seen up; diesel down next week
Gasoline and kerosene prices may increase, while diesel prices could see a rollback next week based on the latest movement in international oil prices, the Department of Energy (DOE) said Friday.
Could Northern Metropolis draw educational leasing from Hong Kong’s Grade A office sector?
As education sector demand supports Hong Kong’s Grade A office leasing activity, analysts said infrastructure that will serve the Northern Metropolis could decide whether schools and universities move their administrative and other services to this potential new centre of the city. “Over the medium to long term, the Northern Metropolis could be a viable option for institutions seeking to expand their teaching, research and administrative facilities,” said Kelvin Lee, director at property agency...
Bangkok Needs to Stop Treating Every Flood as an Exceptional Event
Bangkok’s latest floods reveal the economic cost of treating recurring disasters as emergencies, exposing the need for permanent urban resilience and coordinated planning
Infineon opens US$1.4 billion Thailand plant as semiconductor investment moves up the value chain
German semiconductor maker Infineon Technologies has inaugurated a new manufacturing facility in Samut Prakan, marking one of the most significant recent additions to Thailand’s semiconductor ecosystem. The project, valued at about US$1.4 billion by Thailand’s Board of Investment, is designed as a backend manufacturing site covering power modules, discrete devices, wafer testing and research and […]
PH eyes tighter regulations on artificial sweeteners amid sugar industry manifesto
The Philippines is mulling whether to impose tighter regulations on artificial sweeteners following calls from the sugar industry to protect locally produced sugar, the DA said.
Consumer advocates call on gov't to weigh in on new vape tax
Consumer advocates are calling on the government to reconsider imposing higher excise taxes on vape products.
PhilHealth, HMOs, insurers team up to complement coverage for shared members
Filipinos with private insurance could see more of their medical costs covered as the Philippine Health Insurance Corp. (PhilHealth), major health maintenance organizations (HMOs), and private insurers have inked a memorandum of understanding (MOU) to coordinate benefits for primary care services.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.