A Fortune 500 manufacturer needed to map its value chain beyond Tier 1 to comply with strict forced labor regulations, but existing solutions were slow, manual, and incomplete. With Altana’s Product Network, the company gained scalable sub-tier visibility, streamlined compliance reporting, and established a dynamic source of truth for supplier due diligence.
Before the Product Network
- Fortune 500 manufacturer lacked value chain visibility beyond Tier 1, and had to comply with expansive Norwegian forced labor regulation that required due diligence for Tier 1 to Tier N suppliers
- Getting sub-tier value chain visibility would cost hundreds of hours of manual value chain mapping, with existing solution failing to deliver a dynamic, central source-of-record for suppliers’ compliance history
With the Product Network
- Achieved sub-tier visibility and ability to screen suppliers at scale
- Accessed information on specific product lines and suppliers, slashing time and effort required for compliance and due diligence reporting
- Streamlined compliance for EUDR, forced labor, and other regulatory frameworks
- Enjoy a central, collaborative source of truth for value chain information and management that is built on specific product value chains
