Socially Responsible Sourcing

Source: SupplyManagement.com

TradeCard partners with Worldwide Responsible Accredited Production to identify socially compliant manufacturers, promote code of ethical conduct

TradeCard Inc., a provider of extended supply chain solutions, has partnered with Worldwide Responsible Accredited Production (WRAP), an independent, non-profit organization dedicated to the certification of lawful, humane and ethical manufacturing throughout the world, to promote social responsibility on TradeCard's network of 3,000 global trading partners.

Factory certification data from WRAP will be available on the TradeCard Platform to enable buyers to check ethical compliance statuses and social track records prior to transacting with a factory.

WRAP works with retailers, buyers and interested stakeholders to enforce a Universal Code of Ethical Conduct that takes into account factories' compliance with labor laws and workplace conditions.

"TradeCard is excited to be making a positive impact on the enforcement of lawful, humane and ethical manufacturing practices," said Kurt Cavano, CEO of TradeCard Inc. "Socially compliant manufacturing is a priority for consumers, brands and retailers worldwide, and TradeCard is dedicated to maintaining the highest standards for humane and ethical production on the TradeCard Platform. Thousands of TradeCard users that transact on the Platform each day will have the ability to make a difference by confirming WRAP certification."

TradeCard works with clients that range from $10 million to over $20 billion in revenue to eliminate waste and delay from the sourcing process. Financial services available on the TradeCard Platform are designed to help companies of all sizes to improve margin and cash flow.

WRAP operates worldwide in 70 countries. A list of factories certified by WRAP is published on the organization's Web site (see link below).