The ROI of Investing in Traceability Technology

August 27, 2022

As new regulatory demands are introduced, companies will need to introduce traceability technology to the mix. In fact, many will not be able to afford to not invest in and optimize their approach to serialization and traceability. Long-Term Value Beyond Immediate Cost: The ROI of Investing in Traceability TechnologyHow much does a traceability solution cost? Traceability as a tool for supporting improved ROI depends very much on the technology itself and the value of the data the solution collects and delivers. But the lack of clear ROI prevents 45% of respondents from implementing traceability and serialization, which can mitigate these challenges.

The source of this news is from Rockwell Automation