Track and trace is a system used to monitor the movement of products through the supply chain. It allows businesses to identify the location and status of items at any given time, ensuring transparency and accountability. This process often involves the use of technologies like barcodes, RFID tags, and GPS. The benefits of track and trace include improved inventory management and enhanced safety. For example, in the pharmaceutical industry, track and trace helps ensure that medications are authentic and not counterfeit. This system also aids in quickly recalling products if safety issues arise, protecting consumers and maintaining trust in brands.