Sourcemap joins World Economic Forum

YarnsandFibers News Bureau 2023-01-10 17:38:04 – Netherlands

Sourcemap, a global provider of supply chain transparency and traceability software, announced it has joined the World Economic Forum’s Global Innovators Community, in an effort to advance sustainable business practices and offer a global perspective on the complex supply chain networks spanning today's industries.

Advanced supply chain transparency is crucial for firms to maintain economic competitiveness and social responsibility in light of ongoing supply chain issues and evolving legislation that have an impact on global trade networks. Sourcemap, the industry's foremost innovator in supply chain transparency and traceability, provides end-to-end due diligence to SMBs and Fortune 500 companies across all industries in order to uncover instances of fraud, waste, and abuse that could hide the risk of forced labor, deforestation, and other issues.

The most promising companies and scale-ups in the world at the forefront of innovative ethical business and technical models are members of the invitation-only Global Innovators Community. Sourcemap will contribute to the "Shaping the Future of Advanced Manufacturing and Value Chains" Platform as a member of the World Economic Forum's Global Innovators Community. This platform is focused on researching and developing ground-breaking technologies, cutting-edge business models, and new partnerships to promote economic and societal impact. The World Economic Forum, a non-profit organization founded in 1971, works with the most influential political, business, cultural, and other leaders of society to define agendas for the world, regions, and industries.

Verena Kuhn, the head of the World Economic Forum's innovator communities, said, that they are happy to have Sourcemap's leadership within their Global Innovators Community. The Forum's primary concept is to expand its network of new creative technologies, and they look to its Innovators like Sourcemap to share their experience and assist them in understanding the complexities of today's global supply chains.

As a member of the Global Innovators Community, Sourcemap will impart its knowledge on the effects of supply chains on several continents and promote more openness in corporate conduct. In order to increase transparency at every stage of their supply chains, Sourcemap now collaborates with eminent partners on a global scale in the food and agricultural, textile manufacturing, automotive, and energy industries, among many others.

Dr. Leonardo Bonanni, CEO & creator of Sourcemap, said that it is an honor to join such a broad and mission-driven global community focused on accelerating revolutionary ideas for greater social, environmental, and economic effect. Their team is dedicated to providing good impact through innovative solutions, and their engagement with the community of the World Economic Forum will enable them to effectively address any looming global supply chain concerns.

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