the protocol: transparency is the key
The TRACE 4sustainability® protocol aims for the correct management of the social and environmental impact of the internal processes and the supply chain through activities of assessment, tracing, monitoring e improvement of the conditions in which production takes place. The solution is the implementation of a controlled and responsible system of supply chain management, which is only possible in the presence of a high level of transparency that is shared by everyone.
the requirements: focus on the risks in the supply chain
assess the supply chain and define the most important areas of risk
obtain information on suppliers at the different links in the supply chain
identify possible programmes for the mitigation of risks
define a procedure for the monitoring of the supply chain
the release: a report on supplier performance
Those who adhere to the TRACE protocol adopt the 4sustainability Charter of Values for the supply chain and start the tracking and monitoring activities of their suppliers, as well as the processes carried out internally. The data collected and suitably processed generate a supply chain report where corrective and improvement actions are explained.
benefits of traceability in the fashion supply chain
Who benefits from traceability in the fashion supply chain? The pluses are clear for both brands and companies in the industry, for whom tracking internal processes and monitoring suppliers, involving them in the transformation of their business model in a sustainable direction, can prove crucial.
Traceability, for a brand, means being able to verify the compliance of each stage of production with national regulations and international standards; it means improving its reputation, strengthening relations with stakeholders and being more reliable; it means efficiently managing the supply chain and decreasing the impact of risks arising from the complexity, fragmentation and dislocation of the production chain.
