Wholechain: Vendor Analysis — Supply chain traceability solution overview, competitors, tech selection tips, analyst summary
06/13/2022
In this Spend Matters PRO Vendor Analysis, we give an overview of Wholechain, a blockchain-based traceability solution built to enable trust, coordination and transparency in fragmented supply chains. Wholechain works across commodities, allowing businesses to manage risks and increase efficiencies while enabling consumers to make more responsible supply chain decisions.
It provides a supply chain transparency and traceability solution that is specifically well-suited to B2C companies in food, agriculture, cosmetics and apparel. However, and as mentioned in our recent mini-series on human rights, we have highlighted how regulators are pushing for more transparent supply chains and more due diligence by companies with regards to who they buy from (beyond tier-1 suppliers). Therefore, the Wholechain solution can be used by any company, especially those with fragmented and distributed supply chains.
Here’s why Wholechain matters:
- To the market —Wholechain is a solid solution to address traceability that is especially well-suited to companies of all sizes (pricing model and à la carte features) with distributed supply chains
- To customers — Wholechain users can provide their own customers with detailed product information, manage potential quality issues and recalls, and comply with regulatory requirements by using the solution to trace the origin of their purchases, which Wholechain is able to do by providing their tier-’n’ suppliers with various means of logging product-related events
- To potential buyers — Wholechain’s traceability solution is configurable to be tailored to specific requirements and serve as the foundation for broader ESG/risk management by leveraging its transparency/traceability capabilities
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.