[Forbes] Was Your Clothing Made By Forced Labor? These Startups Can Tell You

Forbes staff writer, Lauren Debter, interviews Sourcemap CEO & Founder, Leonardo Bonanni, who goes in depth about how Sourcemap addresses suppliers within the supply chain. Catch a snippet below or read the full article here, Was Your Clothing Made By Forced Labor? These Startups Can Tell You.

“More companies are now spending money to create giant, detailed maps of their supply chains so that they can quickly track down details on detained merchandise. For instance, kitchen retailer Williams-Sonoma and shoe companies Hoka and Ugg are working with Boston startup Sourcemap, which is like LinkedIn for suppliers, said CEO Leonardo Bonanni. Each supplier invites their suppliers, who invites their suppliers, until they get a complete list, with the average company ending up with about 50,000 links to its supply chain. While participation rates used to be lacking, they now sit at about 92%. Suppliers who don’t participate are an immediate red flag.

‘There’s nothing worse than a supplier who doesn’t tell you where they buy things from,’ Bonanni said. Sourcemap, which charges a monthly fee for its software, has seen sales increase tenfold in the last three years. In June, it raised $20 million in funding.'”