Problem

Global supply chains impact every aspect of our lives. As these business networks have grown increasingly complex, they have also become notorious for their lack of transparency on topics such as environmental impact, human rights violations, and adherence to industry standards. This setup poses significant challenges to achieving sustainable and safe supply chains, as well as effectively managing risks. Improving transparency requires industry collaboration between businesses, governments, and other players, which has proven difficult to achieve in practice as it inevitably involves the exchange of sensitive data. This leaves global supply chains with considerable room for improvement, and tackling these challenges effectively can significantly improve supply chain sustainability, safety, and overall performance.