Sourcemap

Based on MIT research, Sourcemap offers the most advanced supply chain data modeling and visualization software solutions powered by a real-time data mining API and a vast supplier social network. Leading brands and manufacturers use Sourcemap’s private cloud-based solution to manage their own supply chain mapping: uploading enterprise data, inviting suppliers and sub-suppliers, performing advanced analytics, and exporting visually stunning reports. Sourcemap uses a proprietary NoSQL database structure to map multi-tier supply chains with unlimited customer-defined attributes such as performance, risk, and compliance. Data is modeled automatically to each company’s specific corporate structure, product portfolio, even processes and bath/lot/serial number traceability. Sourcemap is widely used in the food and agriculture, apparel and textile, pharmaceutical and consumer goods industries. Sourcemap powers the Sustainable Apparel Coalition’s Higg Index, a social and environmental impact assessment hub used by over 7,000 factories worldwide and 250 retailers and brands including Walmart, H & M, Nike and the Gap. Sourcemap also hosts the world’s only supply chain transparency platform, Open.Sourcemap.com, which is used by thousands of registered members and brands. Sourcemap is powering the transition of supply chain data from static, relational databases into the future of real-time tracking and analytics across the end-to-end supply chain. Learn more at www.sourcemap.com

50 to Know / 50 to Watch / Future 5

In Their Own Words: Sourcemap

Supply chain mapping is the process of engaging with suppliers to provide continuous assurance on the extended supplier network, from raw material to finished good. At the core of Sourcemap is a complex network database combining data from enterprise databases, supplier surveys and third party data feeds to automatically generate end-to-end models of the global supply chain. These models combine company-specific metrics and performance indicators on sustainability, compliance, performance and risk. A groundbreaking visualization engine renders these metrics and supply chains in real time and allow for in-memory search, filtering, analysis and reports. Companies use Sourcemap to track their inventory and supply chain cost in real time, to collect data on the upstream (raw material) sourcing supply chain down to the n-Tier, and to plan future supply chain network optimization quickly and intuitively. Data can be manually uploaded, synchronized from enterprise databases, and combined with information from suppliers, auditors, and external risk and market intelligence providers. The resulting correlations power near-real-time decision support, monitoring and event management tools for supply chain managers. The platform also allows data to be exported in real time to ERP/PLM platforms and to public-facing platforms such as on brand web pages and Open Sourcemap (open.sourcemap.com), for customers to gain unprecedented visibility into the chain of custody behind products. Learn more at www.sourcemap.com

New York City-based Sourcemap is the trusted supply chain solution of over 30 mid- to large-sized brands and manufacturers including the Sustainable Apparel Coalition, Mars Chocolate, and Eileen Fisher. It was founded in 2011 as a spin-off from the MIT Media Lab. Sourcemap has been selected among the Most Promising Social Entrepreneurs by Bloomberg Businessweek, and its founder has been named among the Most Influential People in Business Ethics by Ethisphere. Sourcemap is regularly featured in SpendMatters’ ’50 Supply Chain Software Providers to Watch’ and Gartner’s ‘Cool Vendors’ and has received design recognition from Fast Company Design, Ars Electronica, and ID Magazine among others. In the past year, Sourcemap was selected as a 2016 Palm Oil Innovator by the USAID SAWIT Council, and as a 2017 Catalyst Award Finalist by the Green Electronics Council. Additional information can be found at www.sourcemap.com.

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