Serialization technology: What is it?
Serialization technology is a way to uniquely identify products in the supply chain down to the item level (rather than at the batch level), we at Validactor implement this technology via specific QRCodes named VACodes. Distributors and final customers along the supply chain read these serialized VACodes and send information into the back-end system. This in turn feeds data to the serialized management Validactor system called PVS.
The PVS is an integrated event and object manager that provides the basic platform for tracking uniquely identified objects and events relevant to those objects. By using it to compare expected and actual events, companies uses our track-and-trace features, identify exceptions, and trigger alerts.
Among their support for features like recall management, the Validactor solutions for serialization also enable third-party track-and-trace applications.
Track-and-trace functionalities facilitate greater control over product recalls and product quality. It became especially important for pharmaceutical companies facing state-level mandates to follow the detailed “pedigree” of a drug — which requires that manufacturers track every point of custody for each drug. Validactor has brought this technology to any kind of product: food non food, perishable or not, expensive or cheap, manufactured or naturally grown. No matter the kind we can serialize it. Validactor functionalities offer an effective pedigree and serialization solution that is technology-agnostic and can be customized to meet individual enterprise needs.
Serialization technology also supports more accurate pinpointing of products and all their components so you can accurately target the right products for recall. For example, a worldwide developer, manufacturer, and marketer of any kind of wine faced a voluntary recall of one of a particular vintage. The company turned to serialization and it was able to pull the units in question and resupply the market within 48 hours with virtually no back orders. This prompt and effective response helped to greatly minimize bad publicity. This type of efficiency and responsiveness affects the bottom line and saves lives.