Miriam Posner quotes Sourcemap CEO Leonardo Bonanni in the article ‘See no Evil’:
Software helps companies coordinate the supply chains that sustain global capitalism. How does the code work—and what does it conceal?
We're proud to announce the launch of a brand-new registry for the Green Electronics Council's EPEAT Eco-Label! The server category launched August 30th; but servers are only the beginning: get ready to see mobile phones, monitors, TV's and more. The registry is only the tip of the iceberg: powering EPEAT is a purpose-built platform to capture, verify, and publish detailed information on every product everything in here - all powered by Sourcemap. Check it out on epeat.sourcemap.com:
The EPEAT Registry is a website used by large-scale purchasers globally to identify credible, cost-effective and innovative IT products. Sourcemap will redesign the site from the ground-up, improving purchasers’ ability to identify sustainable IT products by specific environmental and social criteria. The major IT brands whose products are featured on the EPEAT Registry will experience a more intuitive interface, making it easier for them to register and market their products that meet EPEAT criteria.
National governments, including the United States, and thousands of private and public institutional purchasers use EPEAT’s independent verification of manufacturers’ claims to inform their sustainable procurement decisions. Through its partnership with Sourcemap, GEC hopes to one-day allow EPEAT to verify entire supply chains, including suppliers and sub-components.
Redesigning the EPEAT Registry continues Sourcemap’s work in tracking and verifying sustainability in industry supply chains. Sourcemap built the current Higg Index platform for the Sustainable Apparel Coalition, which is used by more than 200 fashion brands to benchmark social and environmental performance across more than 6,000 supplier factories worldwide.
GEC expects to launch the revised EPEAT Registry in January 2019.
Read the full press release on Supply Chain Dive
Cocoa traceability is entering the digital era with companies aiming to collect far more than the weight of a bag via a paper receipt.
It’s been called “transformative,” “revolutionary,” and “likely to change the world,” but is Blockchain the right technology for your supply chain?
The ultimate goals of supply chain management are Traceability (the ability to track a product from raw material to consumer) and Transparency (continuous visibility from end-to-end, including real-time data on performance, quality, risk, and other key performance indicators). Conscious consumers, emerging regulations, and operational best practices are all pushing for this change.
Blockchain can help brands achieve both Traceability and Transparency – but some important steps need to be taken before the technology can be adopted supply chain-wide. To begin with, you can't make your suppliers adopt a groundbreaking technology unless you know who they are - both direct (Tier-1) and indirect (Tier-2, 3, down to raw materials). Then you need to align with your suppliers on transparency and traceability - that is, assuming they're ready to jump on board. That's why we've put together this simple questionnaire to determine if your supply chain is blockchain-ready.
Ask yourself these questions:
- Have you mapped your supply chain, including names, contact information and locations of all suppliers from raw materials to finished goods?
- Have you identified risks and opportunities across the end-to-end supply chain where traceability and transparency could bring important ROI?
- Have you assessed your suppliers' supply chain technology maturity, for example, whether their ERP/PLM is cloud-enabled?
- Have you defined and communicated your supply chain transparency expectations with every stakeholder in your supply chain?
If you answered "yes" to all of these, then your supply chain is blockchain-ready, and will likely benefit from the enhanced security, authenticity, and the distributed costs of distributed ledger technology. But if you’re one of many who didn’t get beyond question 1 or 2, then you need to enhance your supply chain visibility and communications before you and your suppliers can take advantage of blockchain.
Blockchain might very well be “the next internet.” But like the internet in its early days, the killer applications of blockchain have not been well-defined. Before you implement blockchain, consider whether your supply chain is blockchain-ready – and if you’re not sure, ask an expert if it’s the right solution for you.
Any questions? Get in touch.
Cobalt prices have quadrupled since hitting an all-time low just two years ago. The material’s use in the rechargeable batteries of electric cars and smartphones triggered a spike in the market and demand isn’t expected to slow.
Unfortunately, most corporations lack visibility of their cobalt supply chain beyond the smelters that purchase the ore from mines, or intermediaries. According to Amnesty International, the lack of accountability has led to insidious mining conditions, particularly in the Democratic Republic of the Congo (DRC), which produces 60 percent of the world’s cobalt. Nearly 150,000 people work in “artisanal” mines plagued with collapsing shafts and harsh work environments. An estimated 40,000 child laborers are cheated out of pay, vulnerable to harm, and often handle the toxic material without gloves or masks.
In this piece published in Eco-Business, Sourcemap CEO Dr. Leo Bonanni argues that there is no excuse for companies not maintaining 100% traceability in their cobalt supply chains. The type of end-to-end traceability software that Sourcemap has used to map some of the world’s most complex supply chains can help rid high-risk and inhumane activities from cobalt sourcing.
"Fashion supply chains are way too complicated to be traced using any person-to-person traditional communication," says SourceMap founder Leonardo Bonanni over the phone. "You need some really advanced technology to actually track fashion, especially in a world of fast fashion and global brands."