As global supply chains grow ever more complex and interconnected, governments and industry leaders face growing challenges in enforcing trade regulations, verifying the origin and movement of goods, and protecting supply chains from illicit activity. Government enforcement efforts, which are based on self-certification of paper documents, have struggled to keep pace with the scale and sophistication of modern trade, creating vulnerabilities that can enable third-country circumvention and other types of customs fraud, use of products of forced labor, and other violations of trade rules.
Standards-based supply chain traceability – enabling stakeholders to verify provenance and track products and materials across the supply chain in a vendor- and technology-neutral manner – is becoming an increasingly important tool for strengthening trade enforcement, improving accountability, and supporting secure and lawful global commerce.
What is standards-based traceability? How can traceability systems help governments and industry better enforce trade legal frameworks, verify compliance, and strengthen supply chain security without unnecessarily burdening economic growth and efficiency? Join us on June 18th for a conversation exploring the technologies and standards shaping the future of secure global trade.