SYNEX provides a cloud-based platform that helps companies comply with the EU Digital Product Passport (DPP) regulation. It manages the entire compliance process, from gathering product data to publishing compliant DPPs for all stakeholders, enabling businesses to avoid fines and reduce internal development costs.
Funding
Funding not disclosed
Founders
Product
Problem
Manufacturers selling products in the EU face the challenge of complying with the upcoming Digital Product Passport (DPP) regulations under the Ecodesign for Sustainable Products Regulation (ESPR). This requires collecting, managing, and sharing detailed product data related to sustainability, performance, and materials, which can be complex and costly, especially for companies lacking dedicated compliance or IT resources. Non-compliance can lead to financial penalties, market restrictions, and reputational damage.
Solution
Synex provides a cloud-based platform designed to simplify and streamline DPP compliance, enabling businesses to meet EU regulatory requirements efficiently. The platform offers an all-in-one solution for collecting product data from various sources, designing customized DPPs, and publishing them to the EU registry. Synex Cloud handles interoperability standards, access rights management, regulation monitoring, security protocols, and long-term data storage, reducing the burden on manufacturers. By using Synex, companies can ensure compliance, enhance transparency, and leverage product data for business intelligence and customer engagement.
Target Audience
Synex targets manufacturers, distributors, and retailers across various industries, including textiles, electronics, furniture, and automotive, who are required to comply with the EU's Digital Product Passport regulations.
Features
- Centralized data collection from internal systems, suppliers, and across the value chain
- Customizable DPP design templates to align with brand identity
- Automated publishing to the EU registry
- Continuous monitoring of regulatory updates and notifications
- Secure data storage with ISO and SOC protocols
- Access rights management to protect sensitive information
- Interoperability with legacy PIM, PLM, and ERP systems
- Reporting and analytics for supply chain tracking and sustainability performance