ACCESSWIRE
23 May 2023, 23:05 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
amanda.lindberg@sourceintel.com
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 InformationNEW YORK CITY, New York: The Nielsen company said that CBS has again claimed the title of most-watched television network ...
NEW YORK, New York - U.S. and global stocks tumbled Wednesday as lawmakers continued to navigate their way through Congress ...
PORTLAND, Maine: Fishermen in the US's only commercial-scale fishing industry for valuable baby eels, called elvers, have recorded a productive ...
LAS VEGAS, Nevada: A bill was introduced in the Nevada Legislature to provide the Oakland Athletics up to $380 million ...
WASHINGTON D.C.: Due to one of the tightest labor markets in decades, teenagers, who have been vital for filling summer ...
NEW YORK, New York - Republicans were in uproar Tuesday over the deal hammered out by President Joe Biden and ...
Budapest [Hungary], June 1 (ANI): Spanish club Sevilla defeated Italian club Roma 4-1 on penalties in the UEFA Europa League ...
First-half goals from William Tesillo and Angel Mena sent Leon to a 2-1 win over Los Angeles FC in the ...
RIO DE JANEIRO, May 31 (Xinhua) -- The Buzios5 Project of the Buzios oilfield in Brazil began production on Wednesday, ...
MEXICO CITY, May 31 (Xinhua) -- The Central Bank of Mexico (Banxico) on Wednesday upgraded its economic growth forecast for ...
After a nine-month hiatus, Brandt Snedeker has his sights set on returning to the PGA Tour at this week's Memorial ...
Top-seeded Carlos Alcaraz, No. 3 Novak Djokovic and No. 5 Stefanos Tsitsipas made quick work of their opponents to advance ...