Supply chain mapping is the process of engaging across your supply chain to document the exact source of every raw material. A typical supply chain map will identify every step a raw material has taken from source to arrival at your factory and where it goes after it leaves your factory.
The reasons you may want to map your supply chain include:
To gain greater visibility
Following food incidents, such as the horsemeat scandal, many customers and stakeholders require greater levels of supply chain visibility. By providing your customers with clear visibility of products they purchase throughout their supply chain, confidence is increased.
To identify and reduce risks
Visibility of the entire raw material supply chain allows you to see where ingredients are being sourced, including from regions with elevated risks, such as those that might be employing slave labour; have poor safety standards; a record of fraud and adulteration; or of natural disasters, such as earthquakes, flooding, drought, etc. Armed with this intelligence, you can then take the decision to source from alternative sources and lower the risk profile of your supply chain.
To demonstrate corporate social responsibility
Being able to demonstrate supply chain visibility shows other businesses - and your customers and consumers - that your company is committed to corporate social responsibility.
Stay ahead of the game
Buyers know that there are multiple supplier-related challenges and the need for more visible supply chains, but finding a way to deliver this has not always been possible.