Sourcemap Product Overview
Sourcemap is a sophisticated supply chain management and transparency platform designed to provide comprehensive visibility, data modeling, and visualization across entire supply chains. Here’s a detailed look at what Sourcemap does and its key features:
Core Functionality
Sourcemap is built on advanced supply chain data modeling and visualization software, powered by a real-time data mining API and a vast supplier social network. This platform enables companies to map, analyze, and manage their supply chains from raw materials to finished goods, ensuring continuous assurance on the extended supplier network.
Key Features
Supply Chain Mapping
Sourcemap allows companies to create detailed, end-to-end models of their global supply chains. This includes engaging with suppliers, sub-suppliers, and other stakeholders to gather and integrate data from various sources such as enterprise databases, supplier surveys, and third-party data feeds.
Data Modeling and Visualization
The platform uses a proprietary NoSQL database structure to model multi-tier supply chains with unlimited customer-defined attributes, including performance, risk, and compliance metrics. A groundbreaking visualization engine renders these metrics in real time, enabling in-memory search, filtering, analysis, and reporting.
Compliance and Risk Management
Sourcemap offers robust compliance management tools, including AI-powered analyses that compare supplier information against over 15 public and proprietary risk databases. This helps in corroborating suppliers’ compliance status and assessing ongoing supplier risk in real time. The platform also features automated heat maps and watchlist monitoring to alert users of changes in risk scores.
Reporting and Documentation
The platform generates detailed, granular reports on demand, which can be customized to reflect the most current information available, even down to the level of individual SKUs. These reports are essential for regulatory compliance and can be easily downloaded for internal records, external audits, or stakeholder review.
Transparency and Visibility
Sourcemap enhances supply chain transparency through features like Open Sourcemap, an open directory of supply chains that allows radically transparent brands to stand out. The platform includes improved user interfaces for web and mobile, Google Places integration for accurate address matching, and the ability to upload photos and videos to tell the story of suppliers, products, or processes.
Advanced Analytics
The platform leverages AI algorithms to analyze supplier data, ensuring that companies can make informed decisions quickly. It also supports optical character recognition to automatically scan and classify policies, certifications, and other documents, streamlining supply chain due diligence.
Industry Applications
Sourcemap is widely used in various industries, including food and agriculture, apparel and textiles, pharmaceuticals, and consumer goods. It powers the Sustainable Apparel Coalition’s Higg Index, a social and environmental impact assessment hub used by thousands of factories and major retailers like Walmart, H&M, Nike, and the Gap.
In summary, Sourcemap is a powerful tool for supply chain management, offering advanced data modeling, visualization, compliance management, and reporting capabilities. It enhances transparency, visibility, and decision-making across complex global supply chains.
