ACCESS Newswire
23 May 2023, 18:35 GMT+10
The Acquisition Expands Source Intelligence's Global Presence, Product Capabilities, and Industry Applicability
SAN DIEGO, CA / ACCESSWIRE / May 23, 2023 / Source Intelligence, an industry-leading software provider of supply chain compliance and ESG management solutions, announces its acquisition of ChainPoint, a software platform for monitoring and securing supply chains.
ChainPoint specializes in helping companies monitor supply chains by connecting systems and sharing information. The company's secure, cloud-based platform allows users to manage and share product, process, and supplier information from raw material to finished product. The flexibility and scalability of ChainPoint's software allow for applicability in any industry, commodity, and supply chain.
The acquisition of ChainPoint enables Source Intelligence to expand its European presence and allows the two companies to better serve their clients in managing and improving sustainable supply chains while reducing cost and risk.
'Joining forces with Source Intelligence will consolidate our position in international markets and further strengthen the innovation and quality of service our team brings to existing and new clients,' says Johan Zandbergen, Founder and CEO of ChainPoint.
Together, ChainPoint and Source Intelligence will deliver a broader, more valuable solution to clients and stakeholders worldwide across a wider range of industries. The partnership also enhances Source Intelligence's robust solutions with traceability capabilities for raw materials such as cocoa beans, cotton, timber, palm oil, and many other commodities.
'The acquisition of ChainPoint allows us to trace more raw materials back to their source and expands our ability to serve clients in other industries, including food, apparel, and retail,' comments Glenn Trout, CEO of Source Intelligence. 'With a broader range of Supply Chain Compliance and Transparency solutions, we are better positioned to serve our rapidly growing global customer base.'
About Source Intelligence: Source Intelligence delivers services and software that streamline the evolving complexities of product compliance and ESG management. The SaaS company, based out of San Diego, California, provides fully scalable solutions for Product Compliance, Responsible Sourcing, Sustainability, and Parts Obsolescence that can be configured for the unique needs of every enterprise. For more information, visit www.sourceintelligence.com.
About ChainPoint: ChainPoint was founded in 2003 by Johan Zandbergen. The company is headquartered in Arnhem, The Netherlands, with additional offices in Germany and France. ChainPoint is a specialized, global vendor of supply chain sustainability software for compliance, transparency, and ESG claim verification. The company facilitates customers worldwide to monitor and manage supply chains and enhance transparency towards customers and other stakeholders. ChainPoint's solutions are used by over 70,000 companies globally and are trusted by world-leading brands such as BCI, Tony's Chocolonely, and Next. For more information, visit www.chainpoint.com.
Amanda Lindberg
Director of Marketing
[email protected]
SOURCE: Source Intelligence
Get a daily dose of Caribbean Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Caribbean Herald.
More InformationThe principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...
NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...
FRANKFURT, Germany: Ford announced this week that it will inject up to $4.8 billion into its struggling German unit to stabilize its...
SEATTLE, Washington: Boeing has revamped its employee incentive plan, tying annual bonuses for more than 100,000 workers to overall...
WINNIPEG, Manitoba: Farmers in the U.S. and Canada are bracing for soaring fertilizer prices as trade tensions escalate between the...
NEW YORK, New York - A slightly lower-than-expected CPI reading for February helped U.S. stocks to stabilize after some relentless...
New Delhi [India], March 14 (ANI): The Hockey India 7th Annual Awards 2024 is set to bring together the Indian hockey fraternity in...
Flags of the European Union fly outside the Berlaymont Building, the European Commission headquarters, in Brussels, Belgium, Jan. 29,...
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee and Chinese president, attends the CPC in Dialogue...
(Photo credit: Andy Abeyta/The Desert Sun / USA TODAY NETWORK via Imagn Images) Jack Draper earned one of the biggest wins of his...
(Photo credit: Sam Navarro-Imagn Images) Luis Suarez and second-half substitute Lionel Messi scored as Inter Miami beat Cavalier...
The Pentagon was reportedly ordered to provide credible plans for securing US access to the key waterway President Donald Trump has...