This company provides the traceVera platform, a supply chain software designed to enhance transparency and efficiency for sourcing operations. The software helps businesses lower risks and costs while driving measurable ethical impact through their procurement processes. Additionally, they offer a curated catalog of "Global Good Products" sourced from vetted, responsible manufacturers.
Funding
Funding not disclosed
+1Founders
Product
Problem
Many companies struggle to ensure ethical and sustainable practices within their supply chains, lacking transparency and efficient tools for vendor compliance management. Traditional procurement processes often lack digitization, making it difficult to track and report on the social and environmental impact of sourcing decisions.
Solution
TO THE MARKET offers a software platform designed to streamline vendor compliance, digitize procurement, and automate impact reporting for ethical and sustainable supply chains. The platform connects businesses with a curated network of over 200 vetted suppliers, facilitating responsible sourcing and manufacturing. By digitizing the vendor matrix and offering a direct-buying marketplace, TO THE MARKET simplifies the procurement process while enhancing transparency. The platform also includes a proprietary vendor scorecard that evaluates suppliers based on their environmental, social, and business performance, providing clients with data-driven insights for informed decision-making. Automated impact report generation enables businesses to easily track, understand, and share their supply chain's impact with stakeholders.
Target Audience
The primary target audience includes Fortune 500 corporations, retailers, and brands seeking to implement ethical and sustainable sourcing practices within their supply chains.
Features
- T.R.A.C.E. Vetting + Vendor Scorecard: A proprietary algorithm for vetting and monitoring supplier performance.
- Digitized Vendor Matrix: A centralized database of vetted suppliers with detailed profiles and performance metrics.
- Direct-Buying Marketplace: A platform for direct procurement from vetted suppliers.
- Digitized Workflows: Streamlined processes for production management and automated impact report generation.
- Enterprise Sourcing and Manufacturing Service: End-to-end supply chain management, from custom design to logistics.
- Options for sustainable packaging and end-of-life recycling services.
- Tariff-resilient sourcing options by connecting clients with a network of vetted suppliers outside of China.