Source Intelligence Case Studies Optimizing Ethical Sourcing and Audit Management with IoT: A UEBT Case Study

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	Optimizing Ethical Sourcing and Audit Management with IoT: A UEBT Case Study Source Intelligence

Optimizing Ethical Sourcing and Audit Management with IoT: A UEBT Case Study

Source Intelligence

Technology Category	Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Plastics
Applicable Functions	Procurement Product Research & Development
Use Cases	Inventory Management Time Sensitive Networking
Services	System Integration Training
Challenge	The Union for Ethical BioTrade (UEBT) is a non-profit association that promotes ethical sourcing, ensuring that companies and their suppliers source natural ingredients in a manner that respects biodiversity and human rights. UEBT provides advisory, training, and capacity development services related to ethical sourcing, particularly in Access and Benefit Sharing (ABS), a key aspect of the UEBT standard. However, managing and verifying compliance with ABS rules and best practices across multiple stakeholders, including UEBT members, their suppliers, and certification bodies, posed a significant challenge. The organization needed a robust system to streamline and optimize its audit management process, facilitate supplier onboarding and risk assessment, manage certificate information, and generate comprehensive reports. Read More
About Customer	The Union for Ethical BioTrade (UEBT) is a non-profit association that promotes 'sourcing with respect'. The organization supports and verifies companies' commitments to innovation and sourcing practices that contribute to a world where people and biodiversity thrive. UEBT sets good practices for how companies and their suppliers source natural ingredients, providing the tools for ethical sourcing. The organization also raises awareness about the challenges and opportunities in ethical sourcing through its Biodiversity Barometer and its annual Beauty of Sourcing with Respect conference. Additionally, UEBT provides advisory, training, and capacity development services related to ethical sourcing, particularly in Access and Benefit Sharing (ABS), a key aspect of the UEBT standard. Read More
Solution	To address these challenges, UEBT adopted the ChainPoint software, a cutting-edge IoT solution designed to support and optimize audit management systems. ChainPoint connects UEBT, certification bodies, UEBT members, and their suppliers on a single platform, facilitating seamless communication and collaboration. The software offers a range of functions, including supplier onboarding, supplier risk assessment, certificate information management, audit management for all stakeholders, and reporting. By leveraging ChainPoint, UEBT can effectively guide and verify compliance with ABS rules and best practices, helping companies adhere to regulations. The software also supports UEBT's mission to raise awareness about the challenges and opportunities in ethical sourcing, contributing to a world where people and biodiversity thrive. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Plastics

Applicable Functions

Procurement

Product Research & Development

Use Cases

Inventory Management

Time Sensitive Networking

Services

System Integration

Training

Challenge

The Union for Ethical BioTrade (UEBT) is a non-profit association that promotes ethical sourcing, ensuring that companies and their suppliers source natural ingredients in a manner that respects biodiversity and human rights. UEBT provides advisory, training, and capacity development services related to ethical sourcing, particularly in Access and Benefit Sharing (ABS), a key aspect of the UEBT standard. However, managing and verifying compliance with ABS rules and best practices across multiple stakeholders, including UEBT members, their suppliers, and certification bodies, posed a significant challenge. The organization needed a robust system to streamline and optimize its audit management process, facilitate supplier onboarding and risk assessment, manage certificate information, and generate comprehensive reports.

About Customer

The Union for Ethical BioTrade (UEBT) is a non-profit association that promotes 'sourcing with respect'. The organization supports and verifies companies' commitments to innovation and sourcing practices that contribute to a world where people and biodiversity thrive. UEBT sets good practices for how companies and their suppliers source natural ingredients, providing the tools for ethical sourcing. The organization also raises awareness about the challenges and opportunities in ethical sourcing through its Biodiversity Barometer and its annual Beauty of Sourcing with Respect conference. Additionally, UEBT provides advisory, training, and capacity development services related to ethical sourcing, particularly in Access and Benefit Sharing (ABS), a key aspect of the UEBT standard.

Solution

To address these challenges, UEBT adopted the ChainPoint software, a cutting-edge IoT solution designed to support and optimize audit management systems. ChainPoint connects UEBT, certification bodies, UEBT members, and their suppliers on a single platform, facilitating seamless communication and collaboration. The software offers a range of functions, including supplier onboarding, supplier risk assessment, certificate information management, audit management for all stakeholders, and reporting. By leveraging ChainPoint, UEBT can effectively guide and verify compliance with ABS rules and best practices, helping companies adhere to regulations. The software also supports UEBT's mission to raise awareness about the challenges and opportunities in ethical sourcing, contributing to a world where people and biodiversity thrive.

Impact #1	The implementation of ChainPoint software has significantly improved UEBT's audit management system. The platform has streamlined the process of supplier onboarding and risk assessment, making it easier for UEBT to ensure that all suppliers adhere to ethical sourcing standards. The software has also simplified certificate information management, allowing UEBT to easily track and verify compliance with ABS rules and best practices. Furthermore, the platform's reporting function has enhanced UEBT's ability to generate comprehensive reports, providing valuable insights into the organization's operations and helping to identify areas for improvement. Overall, the use of ChainPoint has enabled UEBT to more effectively promote and verify ethical sourcing practices, contributing to a world where people and biodiversity thrive.

Impact #1

The implementation of ChainPoint software has significantly improved UEBT's audit management system. The platform has streamlined the process of supplier onboarding and risk assessment, making it easier for UEBT to ensure that all suppliers adhere to ethical sourcing standards. The software has also simplified certificate information management, allowing UEBT to easily track and verify compliance with ABS rules and best practices. Furthermore, the platform's reporting function has enhanced UEBT's ability to generate comprehensive reports, providing valuable insights into the organization's operations and helping to identify areas for improvement. Overall, the use of ChainPoint has enabled UEBT to more effectively promote and verify ethical sourcing practices, contributing to a world where people and biodiversity thrive.

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Overview

Optimizing Ethical Sourcing and Audit Management with IoT: A UEBT Case Study

Operational Impact