NEW YORK - November 7, 2024 - Today, Altana, the world’s first Value Chain Management System, announced that it has been selected as a technology provider for the Automotive Industry Action Group’s (AIAG) new Forced Labor Due Diligence Program. AIAG, in partnership with Ford, GM, Honda, Nissan, Stellantis, and Toyota, created this comprehensive program to help tier suppliers address the growing demands of compliance and ensure they receive the highest quality support. Carefully selected by AIAG, Altana will offer trusted solutions that provide visualization of value chains and dynamically locate forced labor risk wherever it might exist. These solutions are designed to meet rigorous standards and provide proven tools and services aligned with automotive industry requirements.
“Supply chain compliance in the automotive industry continues to be a pressing issue, and we are dedicated to working closely with our customers to build transparent, resilient, and compliant value chains to streamline compliance efforts,” said Evan Smith, co-founder and CEO, Altana. “We are pleased to be chosen as one of four preferred service providers in the Automotive Industry Action Group (AIAG) Forced Labor Due Diligence Program developed in collaboration with leading OEMs.”
Altana’s public-private network and deep understanding of the automotive industry and rigorous standards set by companies like Ford, GM, Honda, Nissan, Stellantis, and Toyota, allow the company to deliver trusted tools and services for OEMs participating in the Forced Labor Due Diligence Program. Through Altana’s value chain management approach, automakers and tier suppliers can emerge through this period of industry transformation as more effective, sustainable, resilient, compliant, and competitive.
"Addressing forced labor risks is a complex challenge that requires the full commitment and collaboration of the entire automotive industry," said Matt Pohlman, CEO, AIAG. "By working with trusted technology providers like Altana, we’re equipping the industry with essential tools to strengthen supply chain integrity, align with global standards, and proactively meet the expectations of regulators and consumers alike."
To learn more, visit https://www.aiag.org/corporate-responsibility/forced-labor-human-rights/forced-labor-due-diligence-program
About Altana
Altana is the world’s first Value Chain Management System, a collaborative, public-private network that enables customers to take command of their extended supplier and distribution networks – from raw material origins to the sale of finished products. By applying artificial intelligence to the world’s largest body of supply chain data, Altana reveals these previously opaque global networks and powers workflows across them. Customers like Boston Scientific, L.L.Bean, Maersk, US Customs and Border Protection, and the UK Department of Business and Trade use Altana to build secure, resilient, efficient, and sustainable global value chains. To learn more, visit: https://altana.ai/.
About Automotive Industry Action Group (AIAG)
The Automotive Industry Action Group (AIAG) is a unique not-for-profit mobility industry association where automakers, suppliers, service providers, government entities, and individuals in academia have worked collaboratively for over 42 years to drive down cost and complexity within the supply chain. Now one of the largest global automotive associations, we’re comprised of more than 4,900 companies in over 70 countries. Learn more at www.aiag.com.
