7 Companies Crushing it at Supply Chain Transparency | Supertrace (2024)

As transparency dominates the supply chain industry in 2021, companies are moving more towards the trend in every aspect of the business. The importance of this trend came from the needs to save current environmental resources, put in place fair working practices, know where shipments are in the track and trace process, buy high quality and healthy goods for the consumer, and prevent brand theft on the side of the business. Here are 7 companies that have taken supply chain transparency to a personal measure and made their brand successful in terms of customer satisfaction, fair working practices, environmental kindness, and brand protection.

1. Minnetonka

Minnetonka is a family owned company that was founded in 1946 and sold moccasins in a road-side gift shop. As of now they have branched out to retailers and customers through their online marketplace. Although not Native American owned, they love Native American culture, which was the original inspiration for the products for their business. Because of the former repression of Native American culture, Minnetonka does their best to collaborate with Native American business partners and workers, giving everyone a chance at fair contribution.

Minnetonka’s materials and craftsmanship principles can be found publicly, emphasizing the quality and care that goes into each item. Their products are high quality, long lasting, and for the price, very worth it. They have a public reputation for treating employees and customers very well and knowing about their personal story, how things are made, and where they come from, is a significant reason why people continue to trust Minnetonka’s brand.

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2. Luxy Hair

Luxy Hair began as a family owned company that started out wanting to make high quality hair extensions for women. Their company’s standard was to increase the self-confidence of every woman and that anyone should be able to have “the hair of their dreams.”

Luxy Hair is built on empowering the customer, as a friend. Their relationships with their employees and customers are their most important asset. They treat human beings as human beings. In fact, they were recently Great Place to Work Certified in Canada.

From having their factory on display online to promote transparency, to telling the story of how their hair comes from real women, women who are raising children and grandchildren and cannot work, temples for their source of revenue, and hair salons to avoid waste, factory workers who are paid well and treated fairly, to packaging that is environmentally friendly, down to the soy ink on the writing. Their track and trace system is also transparent, with a friendly staff that helps with the shipment, internationally, every step of the way.

They sell direct to consumer so there are no costs in between and so they know what is going on in the whole process, with every material and employee. Their family brand has been well known for many years, as they release personal blogs of their travels, tutorials, nutrition, and life experience tips. The founders interact with people at a human level, unlike when consumers have no idea who the CEO is of a retailer. The brand is people based instead of money based. And now it has become the #1 hair extension brand in the world and it all came from transparency.

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3. May Lindstrom Skin

May Lindstrom Skin was created by said founder as she navigated her way through skin allergies and wanted a better skin regimen alternative to the toxic products that were available by retailers. Before the world changed to transparent, organic, animal friendly, and human friendly, there were not many options in the 90’s. May Lindstrom had no advantages of the internet and didn’t take scientific courses. She worked hard blending products as a makeup artist that worked well for her skin. When testing the products out on others, they encouraged her to put them to sale.

Because of May’s constant discomfort physically and emotionally from over the counter skin products, she had to become her own formulator. This made her business a people business. She has been transparent with her stories and her materials and her basis of the products are making people feel good. From the non-toxic elements she blends herself, to the black glass bottles that protect from UV light, which could damage materials, to the transparent shipping process, May has a personal relationship with her customers because they are people first.

“I am committed to doing all I can to help pain disappear, emotionally and physically, through resonant skincare.”

After acquiring more tools and resources, going from having nothing to entrepreneur, she has dedicated herself to formulating for post-chemotherapy skin, severe acne, post-burns, and trauma, for reaching as many people as she can to improve the quality of their lives.

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4. Unilever

Moving onto bigger corporations, Unilever was the first to give a full list of palm oil suppliers and grievance reports publicly, if any issues arose. They have a commitment to ending deforestation and at least they can make their mark in their field.

In a news post on Unilever's website they say, “We did this because we believe that transparency leads to transformation.”

This is true and new transparent measures will be the transformation of the supply chain industry in 2021. Using AI (through satellite mapping) of forests, they can achieve their transparent goal. They are even tightening their traceability efforts to be sure their ingredients are coming from a transparent location.

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5. Burt’s Bees

While Burt’s Bees is commendable for their natural, high quality products, they have gone even further in adding sustainable packaging to their products. 89% of their packaging is recycled material and they have removed most excessive packaging from many of their products, including shrink wrap, by just extending their label. They also aim for less than 10% byproduct waste in their materials.

Burt’s Bees put out sustainability reports in 2012, 2016, and 2018 regarding their global sustainability goals.

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6. Nike

Nike’s genius manufacturing map is at the top of the industry in terms of geographic and transparency knowledge for the consumer. Their global sustainability goals are being reached every day through their consistency in providing the best working conditions for employees, serialization for their products, and quality goods for their consumers to enjoy. Moreover, they have a transparent track and trace system where anyone can look up their package online and find exactly where it is. They have built up a customer trust system that is unique from any other brand.

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7. Tiffany’s

Tiffany and Co. is now the leader of diamond traceability. According to their corporate responsibility reports, 100% of their diamonds now are Kimberly Process Certified to disrupt the conflict diamond trade. They can also trace over 98% of their raw precious metals to a mine directly or a recycler. Tiffany’s also has blue paper packaging that aligns with the Global Reporting Initiative Standards. They have even changed to LED lighting in many of their retail stores to reach their energy goals by 2020.

Tiffany’s has gone as transparent as possible from diamonds, to metal, to packaging, to lighting. Their traceability standards are at the top of their industry and they strive to continue to increase sustainability however possible with the changing future.

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Supertrace’s track and trace software system can help with transparency needs in the supply chain to improve the quality of life for consumers as well as employees, protecting the product and the band, while building consumer trust. Not only can it track materials in the supply chain, but increase the transparency across the whole supply chain, ensuring traceability efforts and transparency goals will be met through adding any information about products and workers of the company’s choosing, and adding videos and personal stories about the process as well. Supertrace is the answer to having a traceable, reliable, and transparent supply chain.

7 Companies Crushing it at Supply Chain Transparency | Supertrace (2024)

FAQs

7 Companies Crushing it at Supply Chain Transparency | Supertrace? ›

Brands such as Nestlé, Tony's Chocolonely, H&M, Monsoon and Lucy & Yak are leading the way when it comes to prioritising sustainability and supply chain transparency.

What companies have a transparent supply chain? ›

Brands such as Nestlé, Tony's Chocolonely, H&M, Monsoon and Lucy & Yak are leading the way when it comes to prioritising sustainability and supply chain transparency.

What are the problems with supply chain transparency? ›

Lack of real-time data on supply chain operations. Poor communication between supply chain stakeholders. Unauthorized subcontracting and/or raw material sourcing.

What is an example of a supply chain transparency? ›

Some disclosures pertaining to raw material sourcing, environment protection, product quality, safety standards and labor practices are examples of supply chain transparency. A business may choose to make fact-based disclosures regarding any or all of the processes it follows for its supply chain.

Do consumers care about supply chain transparency? ›

Today's consumers firmly believe that they have the right to know exactly where their products are coming from and how they are made. Before they open their wallets, they want to be sure of the product's safety and quality, and, increasingly, that the sourcing practices are in line with their own values.

What companies failed to be transparent? ›

Amazon, Apple and Google are among seven US companies whose company leadership doesn't publicly demonstrate support for anti-corruption on their website. “Neither Amazon nor Apple say whether they have anti-corruption training for staff.

Is Coca Cola a supply chain? ›

We are able to create global reach with a local focus because of the strength of the Coca‑Cola supply chain, which comprises our company and our bottling partners worldwide. While many view our company as simply "Coca‑Cola," our system operates through multiple local channels.

How to improve transparency in supply chain? ›

Companies that want to make their supply chains as transparent as possible should proceed in three steps to do so.
  1. Formulate strategy. ...
  2. Develop Target Operating Model. ...
  3. Implement process and create transparency in the supply chain.

What is poor supply chain visibility? ›

However, lacking visibility into the flow of goods and services can be detrimental to a business. When companies do not have a clear view of their supply chain, inaccurate data can quickly accumulate, leading to costly errors and wasted resources. The impact on a business's bottom line cannot be understated.

How many companies have supply chain visibility? ›

Only 6% of companies have full visibility into their supply chain.

What are three examples of transparency? ›

The objects that allow all light rays to travel through them are transparent objects. Examples of transparent objects are air, water, diamond, clear glass, and lense.

Why might lack of transparency in a supply chain be a problem for a company? ›

Final answer: Lack of supply chain transparency can lead to disruptions, increased prices, and difficulties in ensuring product quality, making it difficult for buyers and sellers to agree on a price. Improvements in technology, transportation, and labor policies can enhance transparency and market stability.

What are the risks of supply chain transparency? ›

10 of the top supply chain risks
  • Global political unrest. ...
  • Economy and inflation. ...
  • Climate-driven disruptions. ...
  • Non-compliance with ESG and related mandates. ...
  • Cyber threats. ...
  • Product, and raw materials shortages. ...
  • Logistics risks. ...
  • Demand volatility.

Does supply chain transparency matter why or why not? ›

1. Building Trust and Credibility. One of the most obvious reasons for supply chain transparency is its role in building trust and credibility with stakeholders. Whether it's consumers, investors, or regulatory bodies, transparency demonstrates a commitment to accountability and responsible business practices.

Do 94% of consumers prefer brands that practice transparency? ›

94% of all consumers are more likely to be loyal to a brand when it commits to full transparency. “ The more a customer shops with you, the more you learn about them, particularly if they share their data and preferences. But are you providing opportunities for that customer to get to know you?

Which company has the most sustainable supply chain? ›

We've taken a look at 10 of the world's largest companies successfully implementing sustainable supply chain strategy.
  • Unilever. Unilever.
  • IKEA. IKEA. ...
  • Nestlé Nestle. ...
  • Walmart. Walmart. ...
  • Tesla. Tesla. ...
  • Danone. Danone. Revenue: US$27.6bn. ...
  • Johnson & Johnson. Johnson & Johnson. Revenue: US$85.2bn. ...
  • L'Oréal. L'Oréal. Revenue: US$44.4bn. ...
May 29, 2024

Is Netflix a supply chain company? ›

The Netflix value chain model includes wholesalers and retailers order fulfillment, distribution, scheduling, processing, and storage. The company operates a digital media rental business. In that case, the outbound logistics include services that deliver digital media to customers through downloads or streaming.

Is Apple a supply chain? ›

Apple products are made all over the world.

Thousands of businesses and millions of people in more than 50 countries and regions are part of our supply chain, contributing their skills, talents, and efforts to help build, deliver, repair, and recycle our products.

What companies are using blockchain for transparency? ›

Supply Chain Transparency: Companies like Nestlé use blockchain to provide consumers with transparency about the sourcing and production of their products, including data on responsible sourcing and ethical practices.

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