With the need for resilience, the demand for transparency and the increase in regulatory obligations over the product life cycle, it has become crucial for companies to ensure that their claims and operations rely on a measure of what really happens across their chain, to drive effective and sustainable actions.
Supply chains serve as the foundation of businesses, yet they remain fragile, complex and fragmented, hindering effective communication among participants. The involvement of numerous stakeholders, often challenging to identify, exacerbates the issue, compounded by a dearth of consistent supply chain data. Consequently, it has become imperative for companies to build a solid, holistic, and transparent dialogue between upstream and downstream supply chain stakeholders that will allow to collect and aggregate operational, environmental and social information.
End-to-end, real-time traceability is at the heart of this paradigm shift and is rapidly becoming a new “license to operate.” Tilkal provides the traceability, transparency, and auditability capabilities needed to meet this challenge and support businesses in building trustworthy supply chains. Within this context, the EIC project focuses on developing and testing AI-driven risk analysis algorithms to help companies anticipate and comply with evolving regulatory requirements.