Strategic Focus: Traceability In The Supply Chain

Executive Summary

In this report, we analyse the ways in which regulations are putting pressure on brands to evidence the origin of their materials, demonstrate the ethical nature of their suppliers’ working conditions and accurately account for environmental impacts. As environmental and climate-related litigation cases against firms are soaring, and climate and geopolitical risks pose threats to supply chains, brands in industries such as apparel, electronics, food and beverage, and automotives increasingly face a push-pull. They now require both accurate product data to satisfy compliance and trusted information to build sustainable products that meet their customers’ expectations. To meet these demands, supply chain traceability solutions are expanding to enable compliance, inform procurement and support sustainability functions.