What is Chain of Custody?
Chain of Custody (CoC) refers to the process of documenting and verifying the sequence of custody and control over materials and products within a supply chain.
In the context of supply chain traceability, CoC is crucial for ensuring transparency from origin through to the final consumer. This involves recording each transfer of material from one handler to another, including harvesting, processing, transportation, and distribution.
For traceability companies, establishing a clear and auditable CoC is essential for certifying the authenticity of products, validating sustainability claims, and complying with legal and regulatory requirements. CoC serves as a backbone for systems aiming to ensure ethical sourcing, prevent counterfeiting, and support responsible environmental and social practices within supply chains.
Related terms
Risk Assessment in Supply Chain
Risk Assessment in Supply Chain is the process of identifying, analysing, and managing the potential risks and vulnerabilities within a supply chain that could disrupt operations, impact profitability, or harm the reputation of the business.
Accountability
Accountability ensures that companies can verify the integrity of their supply chains, uphold compliance with environmental and social standards, and respond to any discrepancies or issues with honesty and corrective action.
Supply Chain Transparency
Supply Chain Transparency refers to the extent to which a company discloses information regarding the practices, partners, policies, and origins within its supply chain.