Why supply chain mapping?
Supply chain mapping is fast becoming an essential tool for operations, finance, and sustainability. Why? Because it allows organizations to see and understand their entire global operations in one place. Supply chain mapping has a number of key benefits:
- All of your operations data is available in one platform for analysis and reporting
- Quickly collect and analyze information from suppliers and sub-suppliers
- Optimize your current supply chain and plan for expansion
- Ensure social compliance and environmental sustainability
What is supply chain mapping?
Supply chain mapping is the process of modeling the flow of goods from raw materials to end customers. It's based on readily available data on shipments, transactions, and inventory. The more data you collect, the more you can do. Information on supply chain costs, times, and demand allows you to increase efficiency. Information on inventory allows you to see the risk exposure of each site. Information on the locations of all your suppliers lets you anticipate and respond in real time to supply chain disruptions. And that's just the beginning.
What is Sourcemap?
Sourcemap is the supply chain mapping platform. Derived from MIT research, Sourcemap is powered by a network database that combines location data with the movement of goods to create dynamic supply chain visualizations, revealing critical insights into performance and risk. Our platform has the ability to extend location and transaction data directly from your ERP system with an unlimited number of company-specific supply, demand, time, cost and efficiency attributes to quickly model the unique characteristics of your business. We also provide tools that enable combine virtually any external data sources such as supplier surveys, regulatory filings, risk heat maps, real-time news, public records and industry-specific databases. The resulting correlations power near-real-time decision support, monitoring and event management tools for supply chain managers. Sourcemap is defining the next generation of end-to-end supply chain information management technology.
Supply Chain Visualization
Sourcemap is easily the most flexible and easy to use supply chain visualization solution. Map the end-to-end supply chain automatically from your purchasing data. Link sites from raw materials to end customers. Search and organize by metrics and tags and instantly generate reports.
Supply chain mapping gives unprecedented visibility into the dependencies in your supply chain. In a few keystrokes you can see what raw materials went into a specific batch of finished product, what products rely on which suppliers, and how much revenue flows through each node and link in the supply chain.
Planning and Optimization
Too often decisions are made about a specific material or vendor without context about how they will impact the global supply chain. Sourcemap lets you model the effective cost, lead time and service level of the end-to-end supply chain so that no decisions are made in isolation. Save time, save money, serve customers all through supply chain mapping.
What happens when you need to see beyond your direct operations, into your suppliers and your suppliers' suppliers? Introducing supplier surveys, a central web-based platform for collecting data on a variety of topics - including sub-suppliers, so you can see where your raw materials originate. All the results are updated in real-time on a global supply chain map.
Risk and Alerts
Identify the weakest link in your supply chain automatically through inventory mapping and TTR (time-to-recover). Receive automated alerts on disruptions affecting your suppliers. Measure your supply chain against risk probability heat maps. Learn more about Disruption Alerts and Risk Probability Heat Maps.
Supply Chain Transparency
Supply chain transparency is the new normal: witness conflict minerals reporting, the California supply chain transparency act, and a growing number of multi-stakeholder initiatives urging audit sharing and standardization of audit standards. In addition to maintaining the world's first supply chain transparency website, Sourcemap works with brands to develop a strategy for timely, standardized reporting that can build trust with customers and suppliers alike.