Transparency-One is part of a new initiative, launched by the Consumer Goods Forum, to provide consumers with more transparent product information and improve traceability of products in the supply chain, to help businesses become more efficient and responsive.
Click to watch the Consumer Goods Forum’s video on the Transparency Open API.
Transparency-One, the supply chain risk management platform, today announced that SGS, the world’s leading inspection, verification, testing, and certification company, has acquired a 20% stake in the company. The company’s financing is led by Jerome Malavoy, former founder and CEO of Trace One with participation from SGS. The investment coincides with the spinoff of Transparency-One from Trace One, the global leader in private label product lifecycle management (PLM) software.