RizePoint, a technology leader in the food safety, quality management, compliance, and social responsibility space, says in today's fast-paced business world, supply chain transparency is more important than ever.
"Supply chain transparency is crucial for risk management, improving supplier performance, and meeting customer expectations. Organizations can identify and mitigate risks, protect their reputation and bottom line, and reduce costs by providing real-time data and feedback to suppliers. Transparency is no longer an option but a necessity for companies to stay competitive," said Paul Damaren, Executive Vice President, Business Development at RizePoint.
"As consumers become increasingly aware of the environmental and social impact of the products they buy, they want to know about companies' commitment to quality and safety standards, raw material sourcing, fair labor practices, animal welfare, environmental protection, and sustainability. And these demands have resulted in an increased focus on supply chain transparency," Damaren continued. "As brands commit to supply chain transparency, they're rewarded with numerous, significant benefits for their organization, suppliers, and customers."
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EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.
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