Transparency as a Foundation for ImprovementS.OLIVER GROUP and Retraced form Strategic Partnership
The S.OLIVER GROUP and the German tech company Retraced have formed a strategic partnership: For the Rottendorf-based fashion group, the platform is a central data management tool to improve transparency within its own supply chains and enable digital traceability of products for end customers. As part of the collaboration, Retraced, with the support of S.OLIVER GROUP, is working on the further development of the platform with regard to important human rights issues, such as the expansion of digital risk management and the implementation of risk prevention measures in the supply chain. By pursuing these common goals, both sides benefit from the strategic partnership in the long term.
says Oliver Hein, who is responsible for sustainability in the position of Chief Operating Officer of the S.OLIVER GROUP.
After the successful onboarding of S.OLIVER GROUP suppliers to the platform, the digital network will be continuously extended to the deeper supply chain. In the long term, every product will be fully traceable via Retraced. For the S.OLIVER GROUP, the partnership is an opportunity to further improve communication, transparency and credibility towards customers and trading partners and is intended to contribute to promoting more responsible consumption and more conscious consumer decisions.
With continuously increasing demands on companies, supply chains and products, Retraced and the S.OLIVER GROUP will also jointly further develop the platform's functions, as Philipp Mayer, Co-Founder of Retraced, explains:
Pictures: Oliver Helbig