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TraceGains

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The world's only networked ingredients marketplace for the food & beverage industry.

Supply ChainAgriMarketplaceCompliance Management
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Reviews onG2
8 reviews tracked

The Bottom Line

Entry price

Free, no paid tier

Biggest pro

Significantly reduces sourcing and approval times.

Biggest con

Primarily focused on the food & beverage industry, which may limit applicability for other sectors.

TL;DR - TraceGains

  • Connects food & beverage brands with a global network of suppliers and ingredients.
  • Streamlines supply chain management, quality assurance, and regulatory compliance.
  • Accelerates product development and reduces operational risks through digitization and automation.
Pricing: Free forever
Best for: Individuals & startups
4.1/5 across review platforms

What is TraceGains?

Editorial review
TraceGains provides a comprehensive platform for the food and beverage industry, connecting brands with a global network of suppliers and ingredients. It helps companies manage their supply chain, ensure quality and safety, accelerate product development, and maintain regulatory compliance. The platform is designed to streamline operations for various roles within an organization, including R&D, quality assurance, procurement, manufacturing, and regulatory affairs. By digitizing critical processes and documents, TraceGains enables businesses to reduce risk, improve efficiency, and foster innovation. It facilitates faster sourcing, approval processes, and proactive management of changing regulations. The platform's integrated approach helps eliminate silos between departments, allowing teams to collaborate more effectively and respond quickly to market demands and regulatory shifts.

Available on: Web

how we evaluateSourcetracegains.com ↗

Pros & Cons

Pros

  • Significantly reduces sourcing and approval times.
  • Helps manage regulatory changes proactively without increasing headcount.
  • Reduces out-of-spec lots by digitizing and actioning COAs.
  • Streamlines product development processes, saving time and effort.
  • Improves collaboration between quality, regulatory, and R&D teams.

Cons

  • Primarily focused on the food & beverage industry, which may limit applicability for other sectors.
  • Specific details on integration capabilities with other enterprise systems are not explicitly detailed.
  • The extent of the 'free' offering for TraceGains Gather® is not fully elaborated.

Ratings Across the Web

4.1(8 reviews)
G28 reviews
4.1/5

Ratings aggregated from independent review platforms. Learn more

Key Features

Networked Ingredients Marketplace (TraceGains Gather®)Packaging Specification Management (via Esko alliance)Supplier Sourcing and DiversificationR&D and Product Development Acceleration (including NutriCalc for NPD)Quality and Safety Risk ManagementRegulatory and Compliance ManagementDigitization of Supplier Documents (e.g., COAs)Workflow Automation and Collaboration Tools

Pricing

Free

TraceGains is completely free to use with no hidden costs.

View pricing

Reviews

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4.1/5

Across 8 verified user reviews on G2

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TraceGains FAQ

How does TraceGains support new product development in the food and beverage industry?

TraceGains streamlines product development processes, helping companies accelerate their time to market. It improves collaboration between quality, regulatory, and R&D teams, which saves time and effort in bringing new products to fruition.

Which teams within a food and beverage company would benefit most from TraceGains?

TraceGains is designed to streamline operations for various roles, including R&D, quality assurance, procurement, manufacturing, and regulatory affairs. It helps eliminate silos between departments, fostering more effective collaboration across these teams.

How does TraceGains compare to Sedex in managing supply chain compliance?

TraceGains focuses on providing a networked ingredients marketplace specifically for the food and beverage industry, helping manage regulatory changes proactively. It digitizes critical processes and documents to reduce risk and improve efficiency within this specialized sector.

What kind of limitations should potential users be aware of with TraceGains?

TraceGains is primarily focused on the food and beverage industry, which means its applicability may be limited for companies in other sectors. The platform's specific integration capabilities with other enterprise systems are not explicitly detailed.

How is TraceGains priced for users?

TraceGains Gather® is free to use, and does not require a paid plan. This model allows companies to access the networked ingredients marketplace without an upfront cost.

Can TraceGains help reduce out-of-spec lots in manufacturing?

Yes, TraceGains helps reduce out-of-spec lots by digitizing and actioning Certificates of Analysis (COAs). This process ensures that ingredient specifications are met, contributing to higher quality control.

How does TraceGains assist with managing regulatory changes?

TraceGains enables proactive management of changing regulations without requiring an increase in headcount. It helps companies maintain regulatory compliance by digitizing processes and providing tools to respond quickly to shifts in market demands and regulatory requirements.

Source: tracegains.com