Business case
BOLIA
Transparency, supplier management, and risk management are crucial for modern supply chains. With prduct.com, Bolia has established a solid foundation for effectively managing suppliers, products, and risks. The platform consolidates all key data in one place, ensuring full traceability and compliance across the value chain.
Denmark
Operational Market
Suppliers
Policies, overview, and documentation
Product and component data
Traceability
Risk assessment
Identification and minimization of risks
Project Summary
With prduct.com, BOLIA has achieved full visibility over their suppliers, policies, and policy versioning. The platform ensures that there is always documentation available regarding who has accepted which policies and under which conditions, strengthening both governance and compliance efforts.
Challenge
BOLIA needed a solution to centralize and manage data related to suppliers, products, components, and risk management in a way that supports compliance with regulations such as EUDR and other upcoming EU laws.
Solution
BOLIA uses prduct.com to create a centralized understanding of which products use which components, what these components contain, how much is used, and where the components come from. This improves traceability and facilitates compliance with EUDR. Additionally, prduct.com is used to assess risks at the supplier, product, and component levels, allowing for action plans to reduce or eliminate risks, strengthening the company’s resilience and promoting responsible business practices.
Result
Through collaboration with prduct.com, BOLIA now has a digital solution that integrates supplier data, risk assessments, and traceability into a single platform. This enables BOLIA to effectively document and manage requirements from EUDR and other upcoming EU regulations.
Next steps
BOLIA will continue to use prduct.com to support their sustainability goals and compliance efforts, while further enhancing their resilience through proactive risk management and supplier collaboration.
Key Learnings
Centralized Data Management Enhances Compliance and Transparency
Centralizing all supplier data, policies, and component information in one platform improves transparency and ensures that documentation is easily accessible, streamlining compliance with regulations like EUDR.
Proactive Risk Management Strengthens Resilience
Assessing risks at various levels—supplier, product, and component—allows businesses to take proactive steps to address potential issues, reducing risks and enhancing resilience in the supply chain.
Supplier Collaboration is Key to Sustainable Practices
Effective collaboration with suppliers through a digital platform enables better traceability, helps manage risks, and supports sustainable sourcing, making it easier to meet regulatory and sustainability goals.
Jonas Holm Madsen, Product Owner of Prduct
Working closely together with Bolia has been extremely giving for both organization. On one hand Bolia has gotten a system that helps them keep track of their entire supply chain and the risks they are facing in the different countries they operate in - Carrying out due diligence in their supply chain has never been easier. On the other hand, Bolia has been amazing at providing the needed feedback for our system, which we have employed to develop a solution that truly brings value to Bolia and other clients as well.
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