SGS has acquired a 20 percent stake in Boston, MA-based Transparency-One, a platform for supply chain visibility and risk management.
Transparency-One maps the entire supply chain, tracks compliance, and provides analytics to proactively manage business risks. It helps companies interconnect and share meaningful product and facility data.
"I am very happy with this partnership, which is fully in line with our TIC 4.0 strategic initiative,” said Frankie Ng, CEO of SGS. “We will continue to partner with selected technology providers to enhance and extend our scope of services."