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Achieving Supply Chain Transparency While Protecting Intellectual Property
When it comes to supply chain transparency – true transparency throughout your supply chain – there is one component that you always need to have for success. That component is communication: the business practice of sharing information openly about how products are made, what chemicals are in them, and where the material components come from. Communication is a “team sport” because it encompasses information about your products at large and the chemicals within them in a sufficient amount of detail.
In many ways, product transparency throughout the supply chain includes chemical transparency. This may include factors such as what chemicals go into products—from the raw material sourcing to the plethora of chemicals introduced up and down the supply chain. This data is important to maintain not only for purposes of regulatory compliance and retaining consumer goodwill, but also for risk mitigation and intellectual property protection.
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