Award Recognizes Everstream’s Groundbreaking UFLPA Risk Solution and Project Assessing Medtronic’s Multi-Tier Supply Chain for Forced Labor Risk
Everstream Analytics, the global supply chain insights and risk analytics company, announced it is one of the winners of Supply & Demand Chain Executive’s Top Supply Chain Projects award for its collaboration with Medtronic, a leading global medical device and technology manufacturer. The award recognizes Everstream’s UFLPA Risk Solution created to help companies uncover risk and demonstrate compliance with current and emerging forced labor requirements such as the Uyghur Forced Labor Prevention Act (UFLPA).
The UFLPA Risk Solution is powered by Everstream Discover, the only automated multi-tier visibility solution fully integrated with an end-to-end supply chain risk management platform. Discover aggregates billions of transactions and records across thousands of data sets and sources, analyzing material flow and supplier relationships to uncover risk. Everstream customers can utilize insights from these analytics to evaluate and predict supplier risk within forced labor regions.
“It’s an honor to be recognized for the important work Everstream is doing to address forced labor in the supply chain,” said Julie Gerdeman, Chief Executive Officer, Everstream Analytics. “Discover and our UFLPA solution solve the difficult challenge of uncovering forced labor risk hidden deep in complex supplier networks. We’re helping clients find and address these abhorrent business practices to deliver on our promise of building more resilient, responsible, and sustainable supply chains worldwide.”
To date, Everstream has evaluated forced labor risk at hundreds of thousands of suppliers, including those used by Medtronic, whose Mission is to alleviate pain, restore health and extend life.
“Medtronic is committed to doing everything we can to uncover and mitigate supply chain risks related to human rights,” said Joe Robinson, VP Enterprise Risk and Continuity of Medtronic. “Everstream was able to look across our extended value chain for forced labor risks and produce valuable insights that enable us to understand our risk profile, monitor for potential future human rights violations, and deliver on our Mission while maintaining good citizenship as a company.”
The full list of Top Supply Chain Projects winners can be found at https://sdce.me/av7r0h and more information on Everstream’s UFLPA Risk Solution can be found at https://www.everstream.ai/uflpa-risk-insights/.
About Everstream Analytics
Everstream Analytics sets the global supply chain standard. Through the application of artificial intelligence and predictive analytics to its vast proprietary dataset, Everstream delivers the predictive insights and risk analytics businesses need for a smarter, more autonomous and sustainable supply chain. Everstream’s proven solution integrates with procurement, logistics and business continuity platforms generating the complete information, sharper analysis, and accurate predictions required to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.
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Contacts
Rebecca Reese
fama PR
everstream@famapr.com
