Supply chain traceability is the ability to track the provenance and history of goods from their source, through to their end user. It involves collecting information about each product as it moves through the supply chain, including materials used, suppliers, production processes, transportation methods and customer data. By leveraging technology, companies can capture and use critical data points in order to ensure safety and compliance across the entire supply chain. Traceability allows businesses to be proactive in monitoring their products at every stage of their lifecycle, ensuring quality control and mitigating any fraud or waste.