• Batch-level or Lot-level data: Granular information pertaining to a defined quantity of a material or product that is processed together.

  • Bill of Material (BOM): This is a list of the raw materials and components, plus the quantities of each, needed to manufacture a product.
  • Blockchain: A digital ledger of transactions that is duplicated and distributed across the entire network of computer systems.
  • Corporate Social Responsibility (CSR): This is a form of self-regulation that businesses use to instigate philanthropic, activist, or charitable initiatives whereby they engage in or support volunteering practices.
  • Certificate of Origin: This is proof that a product was manufactured in a specific country or region, used to comply with due diligence legislation. 
  • Chain of Custody (CoC): As materials move through the value chain, a Chain of Custody can be created by each handler recording critical information about the lot and its associated claims. 
  • Circularity: A model of production and consumption that focuses on sharing, leasing, reusing, repairing, and recycling existing materials and products for as long as possible.
  • Compliance: Adhering to requirements that are decreed by laws and regulations. 
  • Decentralized Data: The process of attaching data to a product, rather than the owner of a product, using blockchain technology.
  • Digitization: The process of converting, streamlining and converging analogue information from emails, PDFs and Excel spreadsheets into a digital format on a unified system. 
  • Due Diligence: The process of auditing your supply chain to identify, mitigate, and account for potential environmental and social issues.

  • Enterprise Resource Planning (ERP): A software system that allows brands to manage everyday business operations like accounting, supply chain operations, compliance and risk management.
  • Environmental, Social, and Corporate Governance (ESG): ​​A measurement that companies use to evaluate the extent to which their operations impact three core pillars of sustainability.
  • Evidence request: The process of contacting suppliers, either digitally or manually, to ask for information about their operations in relation to a specific risk area.
  • Fiber Forward Traceability: This refers to the bottom-up process of tracing a product from the raw material phase to the end product in real-time.
  • Fragmentation: This refers to data that has been broken up into different formats or across different platforms, leading to inefficiencies and inaccuracies.
  • Hard technology: This refers to asset-intensive, physical, science-based technology, including innovations that integrate into existing production systems.
  • Life Cycle Assessment (LCA): A methodology for assessing environmental impacts associated with all the stages of a product’s life, from manufacturing to disposal.
  • Legislation: Laws and regulations made by a government that businesses must adhere to.
  • Material-based claims: This refers to any declaration made by a business relating to the materials used to manufacture their products.
  • Product Backward Traceability: Otherwise known as top-down traceability, this refers to the process of tracking the supply chain of a product after it has been manufactured.

  • Product Lifecycle Management (PLM): Organizations use this to develop new products, as well as track and share data along the entire supply chain. 
  • Purchase Order (PO): This is a document issued by a brand to a supplier which indicates the styles, quantities, and prices for products they have purchased.  
  • Real-time data: This refers to when information is collected about a material or product, in this case, it is recorded as the item moves through the value chain. 
  • Scalability: This refers to the ability to expand or increase the implementation of a system or operation to a system-wide level. 
  • Soft technology: This refers to digital B2C solutions like rental and resale platforms, as well as B2B solutions like traceability software. 
  • Standardized data: This refers to the process of establishing common identifiers so that multiple systems auditing different or overlapping issues can exchange and collate information. 
  • Supplier: A supplier is any actor within a supply chain that is involved in the sourcing, manufacturing, or transportation of a material or product.
  • Sustainable financing: This refers to the acquisition of financial resources to implement improvements to facilities with a businesses supply chain.
  • Third-party audits: This refers to independent groups that perform on-the-ground assessments of facilities to ensure that they’re working in compliance with certifications.
  • Tier: Supply chains are commonly divided into tiers where different functions are performed to transform raw material into a finished product. 
  • Traceability: The ability to trace the history, application, or location of a material or product through recorded identifications.
  • Transparency: The relevant information that is available to all elements of the value chain in a standardized way, which allows common understanding, accessibility, clarity and comparison.

  • Weight-based calculations: This refers to the measurement of a material or product by its weight in order to determine the content make-up and instances of material wastage.

 

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