Sourcemap Launches Automated EU TRACES and SAP Integration for Supply Chain Compliance

Sourcemap: Leading the Charge in Supply Chain Compliance

In the ever-evolving landscape of supply chain management, Sourcemap is establishing itself as a frontrunner with its latest innovation: the integration of EU TRACES and SAP ERP, designed specifically for customers navigating the complexities of the European Union Deforestation Regulation (EUDR). With this groundbreaking technology, Sourcemap is set to change the way businesses approach compliance, making it not just simpler, but also significantly more efficient.

The Need for Rapid Compliance

As global markets continue to evolve, regulatory bodies are imposing stricter guidelines to curb environmental damage, including deforestation linked to agricultural and industrial practices. This has led to a growing demand among importers, retailers, and manufacturers for solutions that enable instant compliance with new regulations. Sourcemap's answer to this demand is a fully automated platform that maps every shipment down to the originating farms and forests, robustly challenging conventional methods that were often time-consuming and labor-intensive.

How the Integration Works

The new integration leverages advanced technology, allowing stakeholders to scan for deforestation using satellite imagery and prepare digital Due Diligence Statements for submission to the EU TRACES platform—all within minutes. This process is initiated through an automated ERP Application Programming Interface (API), ensuring daily operations remain uninterrupted. The benefits are enormous; companies can now handle vast amounts of data required for EUDR compliance without the risk of human error.

Leonardo Bonanni, the Founder and CEO of Sourcemap, emphasized the critical importance of this integration: "Achieving instant EUDR compliance is mission-critical for importers, manufacturers, retailers, and exporters. Sourcemap provides the only live ERP and EU Customs integrated solution capable of handling the massive quantity of data required for EUDR compliance."

Who is Benefiting?

Sourcemap's EUDR solution is ISO 27001-certified and has already been adopted by major grocery, retail, electronics, and food companies throughout Europe. This implementation spans thousands of sites and millions of shipments across all 44 EU member countries, marking a significant milestone for suppliers aiming to meet stringent regulations.

The Bigger Picture

Sourcemap does not merely focus on the EUDR; it offers a comprehensive suite of services aimed at improving the transparency and sustainability of the global supply chain. The company already maps over 5.5 million suppliers across various industries, from food and apparel to electronics and automotive manufacturing. Its solutions are designed to comply with a range of global regulations, including U.S. and EU forced labor provisions, the Digital Product Passport, and the Corporate Sustainability Due Diligence Directive (CSDDD).

Headquartered in New York, with offices in Chicago and Paris, Sourcemap has gained recognition as a pioneering force in the industry, recently being named TIME's Invention of the Year for 2022 and included among Fast Company's Most Innovative Companies in 2023. Their ethos revolves around leveraging technology to foster accountability and sustainability throughout the supply chain.

Conclusion

With Sourcemap's new EU TRACES and SAP integration, companies can seamlessly comply with EUDR requirements without disrupting their ongoing operations. This innovation not only represents a technological advancement but also signifies a crucial step toward greater corporate accountability and environmental stewardship in the ever-complex world of global supply chains. As we move forward, the role of technology in supporting sustainable practices will undoubtedly continue to expand, and Sourcemap is at the forefront of that change.

For more information about Sourcemap and its solutions, visit www.sourcemap.com.