Traceability Technology News Today

As a global player in the cosmetic and personal care product manufacturing and supply chain industries, BASF is constantly developing and launching more effective digital and ingredient solutions for formulation companies and consumer brands. In this Q&A, we spoke to several BASF executives for their takeaways on recent company innovations.

Focused on fronting a new era of transparency, honesty and accountability, FibreTrace’s mission is to ensure that every member of the textile supply chain has the ability to take direct accountability to reduce the environmental impact of the global industry. In doing so, the company aims to ultimately provide the consumer the opportunity to choose a transparent and sustainable supply chain to follow and purchase from.

Market Size – USD 490.09 Billion in 2018, Market Growth - CAGR of 6.07 %, Market trends – Increasing adoption of IoT in farming, rising FDI in emerging markets, untapped market potentials, and the emergence...