Tracklab is a Supplier and Product Data Management (SDM & PDM) platform that centralizes supplier documentation and product data. It uses AI to automatically extract, structure, and maintain data from supplier documents, ensuring compliance and operational visibility. This unified data source allows Quality, Regulatory, Purchasing, R&D, and CSR teams to manage supplier information and product specifications efficiently.
Funding
$510K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Food and cosmetics companies face increasing regulatory pressure to ensure supply chain transparency and maintain up-to-date supplier documentation. Manually collecting, verifying, and sharing supplier information is time-consuming and prone to errors, hindering efficient compliance management. This process is further complicated by the need to track numerous suppliers, products, and ingredients across multiple countries.
Solution
Tracklab offers a B2B compliance network that automates the collection, verification, and sharing of supplier documentation, creating a centralized hub for managing compliance in the food and cosmetics industries. The platform streamlines the process of gathering essential supplier information, including certifications and other required documents, and facilitates seamless information sharing between suppliers and buyers. By automating these tasks, Tracklab reduces the administrative burden on quality, purchasing, and CSR teams, allowing them to focus on higher-value activities. The platform also provides tools for responsible sourcing and traceability, enabling companies to demonstrate their commitment to ethical and sustainable practices.
Target Audience
Tracklab primarily serves quality, purchasing, and CSR teams in food and cosmetics companies, as well as suppliers looking to streamline documentation sharing and demonstrate compliance.
Features
- Centralized platform for collecting and managing supplier documentation
- Automated verification of supplier certifications and compliance status
- Secure sharing of documents and information with customers and partners
- AI-powered data standardization to transform documents into actionable data
- Tracklab Hub: A mutualized database for industry-specific compliance data
- API access to certification data for seamless integration with existing systems
- Customizable dashboards and reporting tools for monitoring supplier compliance
- Support for various industry regulations and standards, including cosmetic regulations, duty of care, IFS, and BRC