The global Software as a Service ( SaaS ) company’s comprehensive FLP solution is not just a tool but a commitment to a world where transparency and ethical practices throughout supply chains are “non-negotiable,” said Shameek Ghosh , CEO of TrusTrace.
“Ensuring that forced labor has no place in our global economy is critical and, with our solution, brands can proactively and confidently lead the way in this imperative transformation, instead of merely ensuring they have a solution for the release of detained shipments,” Ghosh continued. “With a proactive approach to supply chain data, brands can be in the drivers’ seat not only for tackling forced labor but for multiple supply chain challenges, as well as opportunities, something that leading brands are already doing today.”
TrusTrace’s FLP solution combines AI to manage large swaths of data with a scalable collection of primary data per purchase order, which is then screened and validated for risk to give brands “validated evidence” at a product and shipment level.
The supply chain traceability and compliance platform’s solution collects this primary data from suppliers relevant to their facilities, products and materials. That data is specific to the context of traced products, TrusTrace said, contrary to solutions that leverage third-party data. In this way, the company can reduce the quantity of irrelevant data that creates “noise,” which, in turn, obscures critical insights. As proof of its ability to automate primary data collection on a large scale, TrusTrace has traced more than two million purchase orders to date with more than 55,000 suppliers and facilities mapped globally.
TrusTrace connects with the CBP Entity List and third-party risk databases to give brands shipment-level visibility.
Once collected, the data is screened for risk against the U.S. Customs and Border Protection (CBP) entity list . The tool can integrate with any other relevant risk-screening databases as well. Meanwhile, the AI-powered chain of custody creation and document collection ensures users can quickly and easily gain supply chain visibility and stay on top of documentation needed for compliance. The Stockholm-based firm said its FLP solution can classify, extract and translate “large volumes” of documents, thereby facilitating the creation of a digital chain of custody , transforming traditionally time-consuming manual processes, increasing efficiency and reducing the likelihood of human error.
“Meeting varying data reporting requirements can be challenging for brands,” Ghosh said. “TrusTrace has created a comprehensive solution with a flexible framework that collects all relevant traceability data points, so brands can consolidate data collection to comply with multiple current and future regulations . Spending less time and resources on compliance then frees up valuable time to focus on driving new business opportunities and—ultimately—impact.”
Currently, 15 brands are tapping TrusTrace for forced labor prevention , including Vera Bradley . The lifestyle brand said its commitment to responsible sourcing is at the “core” of its business practices and taking the “transformative step” of using the solution “underscores” the brand’s dedication to its public ESG commitments.
“Mapping our supply chain and gathering purchase order data is a critical step in this journey,” said Ayfer Yarcich, Vera Bradley’s director of global sourcing. “By integrating TrusTrace’s upgraded FLP solution, we are not only working toward a transparent and forced labor-free supply chain, but also aspiring to set a new standard in responsible and sustainable business practices.”
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