Supply chain transparency is particularly important in the areas of Sustainability and Environment 4.0, Industry and Factory 4.0 as well as eCommerce and Digital Commerce. It describes how visible and traceable all the steps in a supply chain are - from the manufacture of a product through to the end customer.
Imagine buying a T-shirt. With high supply chain transparency, you can find out exactly where the cotton comes from, how it was processed, who sewed the shirt and how the product finally found its way into the shop. Transparent supply chains are important so that companies can demonstrate their responsibility towards the environment and human rights and consumers can shop more consciously.
Thanks to supply chain transparency, grievances such as child labour or environmentally harmful production methods can be identified and avoided more quickly. Companies use digital tools such as QR codes or apps that allow customers to easily trace the origin and entire journey of a product.
Supply chain transparency ensures that companies act more responsibly and customers can make better decisions - it is an important step towards greater sustainability and fairness in trade.