Solutions | Supply Chain Traceability
Providing Full Transparency for Supply Chains
Proving the origin of products has become a must for companies aiming to prove compliance with ESG targets and regulatory requirements
The TYMLEZ Platform is designed to support businesses proving the origin of their goods, across a range of industries and product types. TYMLEZ’s Supply Chain Traceability solution is underpinned by blockchain, providing a fully secure, transparent, and immutable ledger for tracking products through the full supply chain from origin to consumption.
Providing full transparency
Supply chains are continually evolving ecosystems, presenting new complexities as the needs of consumers and requirements of regulators become ever more demanding.
From the raw materials to the resources required in the manufacturing process (e.g., green energy), businesses and their customers are calling for proof that their products are ethically and sustainably sourced, a major task for even the most simple of supply chains.
TYMLEZ’s Supply Chain Traceability solution provides organisations with the transparency and security they need to offer proof of origin to their customers. The TYMLEZ Platform is designed to grow with businesses to meet the requirements of their customers now, and into the future.
How it works
An raw mineral is produced at a source location.
Production data (e.g., quantity, time, and location) is automatically captured using new or existing smart meters, ensuring data that enters the platform is valid.
Production data is recorded on the blockchain and verified.
Data is captured and recorded as the asset moves through the supply chain.
Consumption/arrival data is captured and recorded when the asset’s journey is complete.
Data can be accessed by relevant parties
(e.g., auditors, producer, government agency, supplier, etc.).
Granular audit trail
The TYMLEZ Platform retains a granular audit trail, certifying each actor in the emissions supply chain including metering device and meter installer are trusted, ensuring only validated data is recorded by the Platform. Stakeholders in the supply chain are given a decentralised ID (DID) and a role which determines the inputs they can provide in the capture and calculation process.
Transparent supply chain reporting
Utilsing the TYMLEZ Platform, companies and customers can monitor and view the full product supply chain with full transparency with all data securely and immutably logged to the blockchain.
Once data is recorded by a verified device it cannot be manipulated or deleted, ensuring the businesses and their customers are relying on a fully verified supply chain log.