supply chain transparency
Supply chain transparency refers to the ability to track and verify the entire journey of a product from its origin through each step of the production and distribution process. It plays a crucial role in ensuring ethical practices, improving traceability, and promoting sustainability. As consumers demand greater accountability from brands, companies are increasingly investing in transparency initiatives to build trust and enhance their reputation. Implementing technologies such as blockchain and IoT can significantly facilitate supply chain transparency by providing real-time data and immutable records.
