This Platform Grades the Sustainability of Your Green Supply Chain
Alyson Wyers — November 15, 2014 — Social Good
References: productbio & springwise
This platform provides environmentally conscious businesses green supply chain suggestions. The ProductBio database helps connect companies with eco-friendly suppliers online.
They are able to analyze about 1 million product suppliers using big data to grade them based on their environmental impact. The data is visually represented in an infographic-like chart that offers insight into the sustainability environment-wise of a number of different factors. The ProductBio dashboard also enables businesses to add the green supply chain they already work with to see how they do according to their grading system. The platform gives firms the ability to track their spending and set eco-based targets with tracking on the dashboard.
ProductBio is currently in beta and offers a free pilot with limited services and an unrestricted package with a fee per category.
They are able to analyze about 1 million product suppliers using big data to grade them based on their environmental impact. The data is visually represented in an infographic-like chart that offers insight into the sustainability environment-wise of a number of different factors. The ProductBio dashboard also enables businesses to add the green supply chain they already work with to see how they do according to their grading system. The platform gives firms the ability to track their spending and set eco-based targets with tracking on the dashboard.
ProductBio is currently in beta and offers a free pilot with limited services and an unrestricted package with a fee per category.
Trend Themes
1. Green Supply Chain - Creating a digital platform that grades environmental impact provides an opportunity to disrupt traditional supply chain management.
2. Big Data Analysis - Analyzing large amounts of data to grade product suppliers can provide insights and opportunities for businesses to be more environmentally conscious.
3. Dashboard Tracking - Offering a dashboard that allows businesses to track spending and set eco-based targets can facilitate more sustainable business practices.
Industry Implications
1. Sustainability - The eco-friendly grading system provides an opportunity for businesses to demonstrate their commitment to sustainability.
2. Digital Platforms - Creating a digital platform to grade suppliers' environmental impact disrupts traditional supply chain management in the sustainability niche.
3. Data Science - Analyzing environmental impact using big data presents opportunities for data scientists to apply their skills to sustainability challenges.
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