Traceability has grown from being a specialized need for certain safety critical segments of the industry,to now being a recognized value-add tool for the industry as a whole. The perception of traceability data collection however persists as being a burden that may provide value only when the most rare and disastrous of events take place. Disparate standards have evolved in the industry,mainly dictated by large OEM companies in the market create confusion,as a multitude of requirements and definitions proliferate. The intent of the IPC-1782 project is to bring the whole principle and perception of traceability up to date. Traceability,as defined in this standard will represent the most effective quality tool available,becoming an intrinsic part of best practice operations,with the encouragement of automated data collection from existing manufacturing systems,integrating quality,reliability,predictive (routine,preventative,and corrective) maintenance,throughput,manufacturing,engineering and supply-chain data,reducing cost of ownership as well as ensuring timeliness and accuracy all the way from a finished product back through to the initial materials and granular attributes about the processes along the way. Having the proper level of traceability will also help ensure counterfeit components do not end up in a product. Through effective policing in the use of any and all components,any material found to be counterfeit will be immediately traceable to source,and hence responsibility is assigned. IPC 1782 will work hand in glove with the U.S. Department of Defense’s current counterfeit component effort. The goal of this project is to create a single flexible data structure that can be adopted for all levels of traceability that are required across the industry. The scope includes support for the most demanding instances for detail and integrity such as those required by critical safety systems,all the way through to situations where only basic traceability,such as for simple consumer products. A key driver for the adoption of the standard is the ability to find a relevant and achievable level of traceability that exactly meets the requirement following risk assessment of the business. The wealth of data accessible from traceability for analysis can yield information that can raise expectations of very significant quality and performance improvements,as well as providing the necessary protection against the costs of issues in the market. Taking a graduated approach will enable this standard to succeed where other efforts have failed.