What is Timber Traceability?
Timber Traceability refers to the ability to track the origin and movement of timber and timber products through all stages of the supply chain, from the forest to the final consumer. This process involves documenting each step of the journey to ensure the legality and sustainability of the timber sourced.
For supply chain traceability companies, implementing timber traceability systems is essential for verifying compliance with environmental regulations, combating illegal logging, and supporting sustainable forest management practices. Effective timber traceability provides transparency, enabling consumers and businesses to make informed decisions about the products they purchase and the impact of their consumption on forests and communities around the world.
Related terms
Proof of Authority
Proof of Authority (PoA) is a consensus mechanism used in secure digital ledger networks where transactions and block creation are validated by approved accounts, known as validators.
Immutability
Immutability refers to the characteristic of data or records that cannot be altered or deleted after being recorded. This principle is a cornerstone in the realm of digital transactions, underpinning the reliability and security of data management systems.
Digital Twin
In supply chain management, digital twins can model and monitor supply chain operations, predict outcomes under various scenarios, and optimise performance.