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."
About the Author
EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. With global, trusted and actionable ratings, businesses of all sizes rely on EcoVadis’ detailed insights to comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 220 industries in 180 countries. Leaders like Johnson & Johnson, L’Oréal, Unilever, Bridgestone, BASF and JPMorgan are among 150,000+ businesses that use EcoVadis ratings, risk, and carbon management tools and e-learning platform to accelerate their journey toward resilience, sustainable growth and positive impact worldwide.
Follow on Linkedin
Visit Website
More Content by EcoVadis EN