Circulor: Vendor Analysis — Overview of supply chain traceability solution, competitors, tech selection tips, analyst summary
05/16/2022
In this Spend Matters PRO Vendor Analysis, we give an overview of Circulor, a blockchain-based traceability solution built to track materials that change physical and chemical state and that cannot be either tagged or managed at batch-level. Such materials include rare earth minerals, plastic, leather and palm oil. Such capabilities are critical to improve transparency and understanding of global and distributed supply chains and comply with regulations on certain raw materials (e.g. conflict minerals) and/or existing and upcoming laws related to human rights and working conditions.
Circulor uses its extensive knowledge of production processes, from mines to OEMs, to map supply chains and, at the same time, provide a dynamic view of the material journey and attributed CO2 with reporting tools for further investigation and analysis of data.
So, this Vendor Analysis gives an overview of Circulor’s capabilities, looks at the competitive landscape, provides tech selection tips, and closes with key analyst takeaways.
Here’s why Circulor matters:
- To the market — Circulor is especially well-suited for companies buying directly or indirectly materials that change state and that cannot be tagged or managed at batch-level
- To customers — Customers can track the flow of goods through their supply chain to demonstrate responsible sourcing, prove ESG performance and support climate neutrality objectives
- To potential buyers — Circulor’s solution can be used for upstream and downstream supply chains, creating a transparent network where each participating member can benefit from transparency of flows and environmental impacts
This Spend Matters PRO Vendor Analysis will give an overview of the vendor’s capabilities, its competitors, provide tech selection tips and close with key analyst takeaways.