Supply chain transparency as a win-win

In a world where increasing economic competition and profiteering has led to exploitation of labour and environmental deficiencies, consumers are demanding more information about the products they consume, ahead their origin and relations of production. Public pressure is growing and companies are seeking to become more transparent. At first sight this might seem like a virtually mandatory task of great cost and effort, but in fact the right approach and technology will enable companies to easily overcome this hurdle.

Supply Chain Mapping promises added value

Effective supply chain mapping and management has great impact on a company’s prosperity and leads to higher brand reputation, better understanding of own production and supply processes, increased productivity and therefore greater revenues. A study based on the transparency project of the Swedish company Nudie Jeans has shown that greater visibility evidently drives consumer loyalty, helps to meet government regulations and leads to increased willingness of customers to buy. The challenge is, however, to provide greater levels of clarity while facing increasingly global and complex supply chains.

This is where the sustainabill platform comes into play, which has been developed from scratch to map  supply chains to the source and gain insights. It allows to discover all materials a product is made of and where they come from. Companies have the opportunity to connect and communicate with their suppliers enabling them to increase supply chain transparency and access sustainability information. The software further allows to analyse all direct or indirect suppliers and enables deep insights into the sustainability of the entire supply chain.

(References: Egels-Zandén & Hansson 2015; www.foodengineering.com, April 2018)

 

Supply chain transparency as a win-win