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Press Release: Trace One Expands in Asia with New Customer Korea Ginseng Corporation
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Trace One
Trace One Expands in Asia with New Customer Korea Ginseng Corporation
Shanghai, China – August 28, 2018 - Trace One, a leading global provider of formula-based product lifecycle management (PLM) software, today announced that Korea Ginseng Corporation have chosen Trace One’s Trace One Regulatory Compliance solution to manage food safety regulations and regulatory compliance.
“We are pleased that Korea Ginseng Corporation has selected Trace One to help meet their regulatory needs. Maintaining regulatory compliance can be a competitive advantage in the marketplace, and the cost of non-compliance can be very high, from product recalls to significant revenue losses and eroded consumer trust. Trace One Regulatory Compliance transforms the industry's typically time-consuming and error-prone approach to meet regulatory and safety requirements worldwide, turning a vast body of regulations and other relevant sources into actionable information," said Jacopo Colombo, Trace One CTO.
Trace One’s Trace One Regulatory Compliance is an online solution built to answer all the needs regarding food safety regulations and regulatory compliance for food products. With an exclusive focus on food and beverage safety, Trace One Regulatory Compliance has a global legislation reference database, covering more than 100 countries, a real-time food safety monitoring system and intelligent multi-framework compliance assessment reporting services.
Trace One continues to expand its international portfolio of customers. Korea Ginseng Corporation is the global leader in the ginseng industry.
About Korea Ginseng Corporation
Korea Ginseng Corporation, the global leader in the ginseng industry, manufactures and sells red ginseng and its products, including ginseng roots, extracts, tonics, and beverages. KGC runs four regional headquarters in the US, China, Japan, and Taiwan, and operates overseas branches in over 40 countries with more than 2,000 employees. Korea Ginseng Corp. is a subsidiary of KT&G Corporation. As the world’s number-one ginseng brand, CheongKwanJang has served as the new engine of growth for the global travel retail industry since 2017. Learn more at www.globalkgc.com.
About Trace One
Founded in 1990, Trace One Corporation is a leading global provider of formula-based product lifecycle management (PLM) software and consulting services within three core process manufacturing segments: Food & Beverages, Personal Care/Pharmaceutical and Specialty Chemicals. From idea to label, Trace One ensures compliance and facilitates innovation for the entirety of formula-based PLM. Trace One has offices in the United States, Italy, China, Germany, France, Switzerland, India, Serbia, and Ukraine.
Trace One food and beverage customers include:
- McCormick
- Nestlé
- Hillshire Brands
- Welch’s
- Wrigley
- Continental Mills
- Ghirardelli Chocolate Company
- Brown-Forman
- Bacardi
Visit Trace One online at www.selerant.com.