As the cosmetic industry becomes more competitive, companies must create innovative products but also cultivate sustainability.

One of the main pillars for sustainable success in the cosmetic industry is ethical sourcing. Canadian Cosmetic Cluster says “Cosmetic startups should prioritize sourcing raw materials and ingredients that are ethically produced, ensuring fair labor practices and environmentally responsible processes. Transparent supply chains that trace the journey of each ingredient can help build trust and credibility with consumers. Sourcemap, a leading software solution in the field of transparent sourcing, offers a powerful platform that enables businesses to visualize, analyze, and communicate complex supply chain data.”

Read more here about how Sourcemap has quickly gained recognition for its innovative approach to supply chain transparency and which brands are utilizing its solutions.