New solution automates management of complex Rules of Origin-based tariffs 

NEW YORK -  Sourcemap, the leading provider of n-tier supply chain traceability software today announced the launch of its n-Tier Tariff Mapping Solution, the first fully-automated system of record for origin tariff management. This solution is designed to help companies manage the complexities of Rules of Origin-based tariffs by providing automated, verified chain of custody data for raw materials and sub-components. n-Tier Tariff Mapping addresses critical needs for businesses dealing with complex products subject to tariffs including  Section 232 and USMCA exemptions including cotton, steel and aluminum.

Tariffs on imported goods vary widely based on the origins of the raw materials contained within. For example, imports containing small amounts of steel or aluminum “melted and poured” in the US are exempt from a 50% tariff on foreign-origin metals. Assessing tariffs impact and justifying the resulting calculation to customs authorities requires evidence of the chain of custody for the materials in question. 

Sourcemap's n-Tier Tariff Mapping Solution is the only offering to provide a totally automated solution, co-developed with leading companies in the solar, appliances, electronics, home improvement retail, and automotive sectors. Key features include:

• Automated Multi-Tier Supply Chain Mapping: Traces products, sub-assemblies and raw materials to their raw material origins

• Automated Critical Data Collection: Collects critical data including Country of Origin, quantities and harmonized tariff codes from suppliers across all tiers.

• Verified Origin Data: Provides auditable evidence of raw material origin to substantiate tariff claims and ensure compliance

Sourcemap is built on the largest trusted supplier network in the world - the only network built with verified supplier-provided data - comprising over 5 million suppliers and more than 250 major brands. 

“To prove the origin of goods beyond a reasonable doubt, customs authorities require validated supply chain mapping data including chain-of-custody documentation for all imported products," said Leonardo Bonanni, CEO & Founder of Sourcemap. "The n-Tier Tariff Mapping Solution is the first of its kind to provide fully automated and verified raw material origin data, empowering companies to confidently navigate complex tariff landscapes and potentially reduce their duty liabilities."

About Sourcemap: Sourcemap is the leading provider of n-tier supply chain mapping and traceability software, offering unparalleled visibility into complex global supply chains. Trusted by over 250 of the world's top brands and with a network of over 5.5 million suppliers, Sourcemap empowers businesses across industries like food, apparel, retail, electronics, automotive, and manufacturing to meet comprehensive due diligence and regulatory requirements. Its automated solutions help companies comply with a wide array of global mandates, including those addressing forced labor, deforestation, digital product passports, and corporate sustainability (CSDDD). Recognized for its innovation, Sourcemap was named TIME Invention of the Year 2022 and one of Fast Company's Most Innovative Companies in 2023. Headquartered in New York with offices in Chicago and Paris, Sourcemap is transforming supply chain transparency. Learn more at www.sourcemap.com.