SUPPLIER RELATIONSHIP MANAGEMENT
The idea for this alliance was spearheaded by CHANEL. The cosmetic icon recognised that operating in isolation, with single-brand supply chain audits, was limiting the information available.
As well as this, it contributed to poorer relationships with suppliers further down the chain, in which survey fatigue could have been leading to the requests from numerous suppliers being ignored. The answer: an industry-wide framework, helping to eliminate duplicate requests while ensuring compliance with evolving global regulations( CSDDD, EUDR, CSRD).
By pooling industry demands through TRASCE on the Transparency-One platform, CHANEL directly benefits from enhanced multi-tier visibility that no single brand could achieve alone. The shared platform has allowed Chanel and its peers to achieve an average transparency score of 67 % across participating ingredient and packaging networks, mapping high-risk supply chains down to raw material origins.
This deep intelligence enables CHANELto move from passive auditing to active risk mitigation and sustainable sourcing strategies.
“ Traceability is a key driver for transforming our supply chains,” states Virginie Streho, Global Head of Sustainable Sourcing at CHANEL.“ Joining forces within TRASCE allows us to gain deeper visibility and build long-term resilience alongside our suppliers.” supplychaindigital. com 117