The Commercial Network enables simple & secure information sharing for EUDR compliance
Social networks have revolutionized personal and professional interactions for billions of people. LiveEO is bringing the same transformative approach to supply chain management with its new feature, the Commercial Network.
The platform’s user-friendly interface ensures that even the most complex compliance tasks become manageable. By leveraging proven principles, the Commercial Network enables businesses to send invitations, form connections, and securely share geolocation data and documents necessary for compliance with the EU Deforestation Regulation (EUDR).
“Imagine the ease of connecting with your suppliers as if you were adding a friend on Facebook. Our Commercial Network not only simplifies data collection but also ensures the privacy and security of your business-critical information,” says Chris Bell, Product Manager at LiveEO.
Maintaining confidentiality and trust is essential in supply chain management. Suppliers can share EUDR-relevant data without exposing their entire supply chain, protecting sensitive information.
Key details, like sub-suppliers’ contact information, are only shared with direct connections. This ensures privacy while still allowing critical plot data to be passed down the supply chain.
This approach enables operators to accurately assess the deforestation-free status of their supplier base, ensuring compliance without compromising trust.
Efficiency is further enhanced through centralized data management. By consolidating all geolocation data and supplier information, compliance efforts become streamlined and more accurate.
First users of the Commercial Network have reported significant improvements in their compliance processes, reducing the time and resources spent on data collection and validation. Early adopters are already seeing the benefits of this innovative approach.
The Commercial Network is available to all TradeAware users, including its free version, TradeAware Lite. Sign up for TradeAware Lite now to establish your Commercial Network and transform your compliance processes.
For more information on how the Commercial Network can benefit your business, visit live-eo.com/eudr.
LiveEO GmbH
Cuvrystr 3-4
10997 Berlin
Germany
Press Contact: Andreas Naujoks, andreas@live-eo.com
LiveEO leverages cutting-edge earth observation technologies and AI to revolutionize asset monitoring and promote sustainable supply chains. Their solutions transform satellite data into actionable insights, enhancing safety, efficiency, and environmental responsibility. By reducing the risks of outages and ensuring compliance with regulations like the EU Deforestation Regulation (EUDR), LiveEO helps businesses build resilient infrastructure and sustainable operations. Their dedicated team of 130 is committed to protecting life on Earth and advancing global sustainability.
This release was published on openPR.
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