Smart Innovators: Supply Chain Transparency Data Solutions
Yaowen Ma
Steve Bolton
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Executive Summary
Over the past decade, large multinational firms have faced unrelenting pressure to monitor and manage EHS and sustainability information throughout their full supply chains, from resource extraction through post-use disposal. This report helps corporate decision-makers in EHS, sustainability, supply chain, and procurement roles who are responsible for supplier evaluation, selection, on-boarding and performance management better understand the current market landscape for technologies available to meet internal and external supply chain transparency pressures. Verdantix research identified seven functionality groups offered either partially or fully by vendors originating from ten background categories. Firms seeking to navigate this convoluted market landscape should invest time to explore possible technology-aided solutions; consider a single architecture platform for product, chemicals and EHS information; and ensure supplier-level EHS and sustainability risks are sufficiently assessed at the procurement stage.Supply Chain Transparency Requires Data Management Across Diverse Activities
Understanding The Supply Chain Transparency Market
Firms Rely On Supply Chain Visibility To Better Manage Regulatory, Brand And Innovation Pressures
Supply Chain Transparency Software Solutions Offer Seven Core Functionality
Market Landscape Reveals Vendors With Diverse Backgrounds Across Ten Categories
Firms Should Prioritize Cross-Functional Visibility By Utilizing Integrated Platforms
Figure 2. Drivers Behind Firms’ Focus On Supply Chain Transparency
Figure 3. Vendors From Diverse Backgrounds Offer Supply Chain EHS & Sustainability Solutions
Figure 4. Information Architecture For Integrating Product, Chemicals And EHS Data
About the Authors
Yaowen Ma
Principal Analyst
Yaowen is a Principal Analyst at Verdantix conducting research on EHS and ESG information management. His current agenda focuses on digital technologies, best practices and gr...
Steve Bolton
Research Director
Steve leads the Verdantix EHS research practice, based out of our New York office. He has 25 years of experience advising on sustainability, EHS, circular economy, corporate s...
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