EPC, which stands for Electronic Product Code, is a specialized alphanumeric code assigned to each unique product or item within a supply chain. It functions as a digital passport for products, enabling precise identification and tracking at every stage of their journey through the supply chain ecosystem.
EPCs are a fundamental tool in modern supply chain management and inventory tracking. They provide a level of granularity and accuracy that traditional barcodes and manual tracking methods often cannot match. Each EPC can be distinct, serving as a digital fingerprint for the item it represents.
Throughout the supply chain, from the moment a product is manufactured to its eventual arrival on store shelves or its final destination, EPCs play a crucial role. They are scanned and recorded at various checkpoints, allowing businesses to monitor the movement, location, and status of their products in real-time.
This granular visibility into the supply chain offers several benefits, including enhanced inventory control, reduced loss due to theft or misplacement, improved traceability for recalls, and increased efficiency in managing stock levels. Ultimately, EPCs empower businesses to make informed decisions and optimize their supply chain operations, ensuring that products reach their intended destinations efficiently and accurately.
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