FRDM's Product Monitoring tool synthesizes relevant risk indicators related to forced labor and child labor for products and services at every level of the supply chain.
FRDM tracks the trade flow of these products and their accompanying risks as they travel through your supply. FRDM houses the only supplier-federated database where you can easily match purchase data to our database of products and services.
The FRDM dashboard is powered by product genomes already categorized into the software as product typicals. However, it is agile and product genomes be adjusted to fit your companies specific product spec's or supplier information.
The United States, the United Kingdom and the Netherlands are the most recent countries to join a growing political block that legislatively requires companies to actively combat human trafficking in their supply chains.
FRDM provides a comprehensive suite of tools to comply with US and international regulations on human trafficking and child labor in supply chains. These tools include a guidance for creating a robust disclosure statement, match due diligence with planned strategic investments, and create policies that manage and mitigate risk at every level of your supply chain.
FRDM Compliance tools meet the requirements of the Modern Slavery Act, California Transparency In Supply Chain Act (SB 657), and the Federal Acquisitions Regulation (EO 13627). FRDM guides you through the OECD Guidelines for Multinational Enterprises and protects you against business and supply chain disruptions caused by Section 307 of the Tariff Act of 1930.
We know that procurement data can be both unstructured and spread across a number of internal systems. For this reason, FRDM was built to run on the most readily available data and can accommodate both structured and unstructured supply chain information.
FRDM provides guided process to input supplier and purchase data where users can easily add and edit procurement and push it to your dashboard.
For enterprise level integration projects, our data engineers will take your supply chain information in any format and match it directly to the FRDM taxonomy.
This is your entire supply chain risk profile at a glance.
Some supply chain analysis requires the deep-dives of product genomes and input monitoring. However, business decisions are driven by market trends that encompass entire product categories or business divisions.
We believe that by matching the risk profile for your entire area of operation with planned strategic investments your business with be set up to make the largest positive impact on your supply chain.
IF you are just getting started with understanding your risk of human trafficking, this is where you get a high level overview and learn where more detailed information is required.
The FRDM dashboard includes intuitive data visualizations that aggregate all of your our supply chain inputs by risk level to help you determine which inputs are a priority for your business.
FRDM highlights countries of origin for all high-risk inputs based on your sourcing data and maps due diligence priorities against established risk thresholds.
FRDM lets any user quickly become a subject matter expert on human trafficking in your supply chain. The Inputs Monitoring tool provides details on the socioeconomic drivers that contribute to risk in your supply chain.
Track how your suppliers stack up against each other.
FRDM helps you keep track of each supplier's risk, compliance, and remediation efforts. Confidently make informed purchasing decisions with the knowledge that every procurement agent has access to the most up-to-date risk and remediation information.
FRDM's Supplier Benchmarking tool provides our customers with the simplest way to select the vendor with the best product, the best price and the strongest commitment to their values.
FRDM is the best way to Buy Better™!
FRDM provides a simple platform to track your policy and risk mitigating milestones over time. Keep all of your compliance materials in one place and get recommendations about how to strengthen your company's approach to combatting human trafficking in your supply chain.
The Impact Tracking tool also allows you to prioritize and monitor your suppliers by combining each supplier's inherent risk with their overall risk mitigation strategies and engagement.
FRDM's Supplier Monitoring tool generates real-time, global alerts monitoring for all suppliers. By ensuring you are the first to know of a potential problem, you can keep supply chain risks from becoming costly disruptions.
The Supplier Monitoring tool screens suppliers using a custom-built search algorithm (powered by Google) and validates results using Amazon's machine learning AI application for language processing. This brings together the world's most powerful search engine, with best-in-class data synthesis machine-learning into a combined product feature based on the subject matter expertise of Made In A Free World.
FRDM's Supplier Monitoring tool notifies you of a risk alert after identifying and validating a credible report of a supplier having engaged in human trafficking or other prohibited activities.