Key Requirements
- Trackability: Monitor the origin and movement of automotive parts and components through the entire supply chain.
- Import Cost Analysis: Analyse complex tax implications, import duties, and other taxes related to the global movement of automotive parts.
- Provenance: Ensure the authenticity of parts and adherence to regulations concerning material sourcing.
- Ethical Trading: Verify that parts are sourced from suppliers who adhere to fair labor practices and ethical standards.
Platform Capabilities
- End-to-End Traceability: Track the lifecycle of automotive parts from manufacturing to delivery, ensuring each part’s origin and journey are transparent.
- Tax and Duty Management: Provide detailed analysis of import costs, including taxes and duties, to help automotive companies manage financials accurately.
- Provenance Verification: Use blockchain to validate the origin and authenticity of parts, ensuring compliance with regulatory standards.
- Ethical Sourcing Reports: Generate reports to demonstrate adherence to ethical sourcing standards, enhancing brand reputation and compliance.
