TrusTrace partners with Kharon
Industry Talk
TrusTrace updates solution for forced labour prevention
Program has traced more than two million purchase orders to date, with more than 55,000 suppliers and facilities mapped globally.
26th June 2024
Innovation in Textiles
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Stockholm, Sweden
Stockholm-headquartered TrusTrace is launching an upgraded new version of its Forced Labour Prevention (FLP) solution, which helps brands to proactively map out supply chains, screen them for risk, and efficiently gather evidence for regulatory compliance.
The FLP solution uniquely exploits the power of AI to manage large quantities of data from complex supply chains with the scalable collection of primary data per purchase order, which is screened and validated for risk, ensuring brands have validated evidence at a product and shipment level.
It collects primary data directly from suppliers to ensure detailed and reliable information about facilities, products and materials and is specific to the context of the traced products
This is in contrast to solutions including third party data, which can introduce large quantities of irrelevant information from various sources, creating ‘noise’ that can obscure critical insights and quickly become unmanageable.
TrusTrace has traced more than two million purchase orders to date and has more than 55,000 suppliers and facilities mapped globally, demonstrating the capacity to automate the collection of primary data at very large scale.
The data is proactively screened for risk against the US Customs and Border Protection (CBP) entity list, and the solution can integrate with any relevant risk screening database.
Chain of custody creation and document collection drives speed, accuracy and cost savings, making it quick and easy to gain supply chain visibility and stay on top of documentation for compliance. The FLP solution can classify, extract and translate large volumes of documents in over 100 languages for the creation of a digital chain of custody, transforming traditionally time-consuming manual processes, increasing efficiency and reducing the likelihood of human error.
“Our comprehensive FLP solution is not just a tool, but a commitment to a world where transparency and ethical practices in supply chains are non-negotiable,” says TrusTrace CEO Shameek Ghosh. “Ensuring that forced labour has no place in our global economy is critical, and with our solution, brands can proactively and confidently lead the way, instead of merely ensuring they have a solution for the release of detained shipments.”
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