Company Website: https://www.qualitechengineering.com
Company Email: info@qualitechengineering.com
Employees: 3
Funding State: Bootstrapped
Industries
- Life Sciences (MedTech, HealthTech, BioTech)
Technology
- Data Analytics - Big Data
- Other
- Software
Business Model
- B2B
- B2B2C
- B2C
Revenue Model
- Advertising
- Commission Fee
- Licencing
- SaaS
- Subscription
Funding Sources
- Self
About
Quality Standards are not met worldwide and its traceability on products directly has been a problem since decades. Billions of products are found defective since all these years and sometimes legal actions have been taken against producers to provide certain quality documentation and approvals. At the same time the consumer is not having trustworthy information except nutritional facts regarding F/B products. In fact, no quality assurance is provided through the labelling of the product. Today, there is no link between finished product batch characteristics and raw materials quality attributes. Global companies’ QA departments struggle to combine all document for a c SOLUTRACK would like to be the world’s first traceability platform for end-to-end applications, starting from primary Raw Material producer (food, textiles, etc) and chemicals (minerals, chemicals, pharmaceuticals) manufacturers.
Solution & Product
We offer a platform, web-based using blockchain technology, that all involved parties, suppliers and producers, manufacturers and even customers and pharmacies, dispensaries, etc., can log on and track the product in every commercial and/ or manufacturing step and see the whereabouts of it. For example, consumers can see on a food product bought from a Supermarket where does it come from! A pharmaceutical user-patient can track down the product he is consuming all the way up to the original supplier (this is important for organic medicine, for nutraceutical and cosmetics). For all manufacturer this means less FTEs and resources concerning gathering quality data since the platform will have uploaded from Raw Material Supplier the quality data needed to comprise a Quality Bach Record. Most important, no quality information, product origins (especially for agricultural products) is lost.
Innovation & Scalability
Our platform combines materials origin information, manufacturers quality data for every single unit and customer awareness and competitive advantage for the whole market of consumer products, textiles and pharmaceuticals. Our platform is securing quality data uploaded from every production step are legitimate, accurate, original and attributable to every single product unit. Solutrack will be working on blockchain, with background data acquisition and Data Governance attributes. Blockchain is globally known for data security and less hardware needs as well as fast and productive response. Our platform will serve as a marketplace platform along with quality services on the background. Quality documents check, certifications control, product data and data standardization throughout industry segments. Not only our business model attracts end users who easily scan a product to see the quality background, but we give a huge opportunity to Industry to reduce manpower and paperwork on the gathering of all key documents and mostly we serve as a platform that attributes and appoints every quality aspect to a certain unique individual item of a product batch. For the first time in History, a consumer will buy off the self products that with a scan show, credentials, certifications, ethics and corporate responsibility, sustainable production and all nutritional, health and safety factors just in few seconds. Fast-Moving Products will face a real upgrade, with less supply chain fails.
Traction & achievements
We have gathered the personnel with scientific and marketing strategy background. Our key personnel are coming straight from Pharma and F/B industry. We have seen the traceability problem from an early development stage and we have seen that there is no one, unique service and application provider. We are already in discussions in private sector for investments on our project and we are close to dealing with local Greek Pharmaceuticals such software. Along the way we have informed Health Ministry and especially Local Regulating Body (EOF) of our intention and strategy. We are in search of a strategic partner that will elevate the project to a European and global level. Our scalability plan includes local enterprises of medium and high capital level who have products of the abovementioned industries already in the market, exercising the software on a small scale and then rolling it out nationally. Food and Pharma have had the request for marketed traceability demand since many years.
Team & Why Us
IM – Managing Director – Pharmaceutical Consultant on Serialization and Traceability Projects. Having worked in FMCG Sector for many years, IM has the experience of the Technical Link missing for a total traceability approach. HT – IT Services – HT has worked for large Pharmaceuticals and Multinationals on Product Specification Projects and Global Product Development Commercial Groups MA – FMCG Coordinator- MA is a 30 years experienced Food Sales and Marketing Manager acting globally for large EU Multinationals on Food and Beverage consumables, leveraging new product on local markets. MK – Data Expert – MK has worked as Big Data analyst and Expert for more than 15 years in Banking Sector, Large Pharmaceuticals. Dr. ML – Machine Learning/ Data Mining Expert – ML has the unique ability to transform data from global markets to trends and programs that turn an application to modern and fast-moving accurate product tracking solutions. Dr. MLK – Quality Assurance Manager – Ensuring with a Team of minimum 6 Scientists that all data and all certificates uploaded are legitimate, accurate, attributable and integer regarding the Body of Issuance, the data described and analyzed within, assuring with a modern fast way that product movement is safe for public health. FG – Sales Manager – FG will be acting as an ambassador to motivated and trained to tackle different challenges. Common vision and passion is the glue of the team and commitment to develop unique projects consists the driver
Funding Needs
Solutrack development is based on the company evolution. The company is continuously evolving its portfolio of products/services as well as expanding its list of collaborators. Our approach of collaborating and validating new services within a diverse funding assets. Solutrack's approach is On Time Performed to catch market's insightful investors and customers as well. Solutrack is trying to capture private funding opportunites along with strategic planning and operations. Our team is always open for investing opportunities of such Technology driven companies who are willing to support our initiative.
Pharmaceutical Consultancy & Validation Services for FMCG and Pharmaceutical Sector.