Oritain Recognised as Smart Innovator in Sustainable Product and Materials Traceability Software Report

Oritain, a global leader in product origin verification, is proud to announce its inclusion in the Verdantix 2024 Smart Innovators: Sustainable Product and Materials Traceability Software report.

Oritain was recognised for Market Leading Functionality for Product Identification and Out of the Box Functionality for Document Collection and Management.

“This recognition underscores the emerging importance of transparency in supply chains and how origin verification alongside traceability software is key to understanding and improving sustainability in the supply chain,” said Monica Jonas, Chief Operating Officer, and Deputy Chief Executive Officer, Oritain.

Verdantix is one of the world’s leading industry analysts and a trusted source of information for global businesses. Being featured in the 2024 report is a significant endorsement of the strength of Oritain’s product offering.

 

 

According to the Verdantix report, there are several developments driving the demand for product and materials traceability software, most notably the regulatory space which is expediting the need for organizations to understand the more granular risks associated with their products and upstream supply chains. Other drivers include consumer pressure, demand for bottom-up environmental footprinting, operational improvement, product innovation and risk management.

“We are thrilled to be listed in the Verdantix 2024 Smart Innovators: Sustainable Product and Materials Traceability Software report, “added Jonas. “Oritain’s unique forensic science and data-based methodology enhances supply chain transparency and product authenticity by verifying the true origin of products and raw materials with the highest levels of accuracy and reliability.”

The Smart Innovators report provides a high-level benchmark of 21 traceability solutions for buyers of software for sustainable products and materials.  Solutions are assessed across the capabilities of product and materials data collection and management; product and materials identification and verification; and sustainability performance, compliance, and reporting.

"The sustainability spotlight has shifted to focus on operations outside of the four walls of organisations, with a specific consideration for upstream value chains. Where operations are material to business – whether it be for compliance, risk management or operational performance improvement – granular and trustworthy insights are needed to support decision-making. Increasingly, sustainable product and materials traceability solutions are bringing clarity to complex supply chains and validating the sustainable characteristics of goods as they are exchanged and brought to market," said Guy Lewis, ESG and Sustainability Analyst, Verdantix.

For more information about the report and to download a copy, visit our Verdantix Smart Innovators Report page.