Ehningen, Norderstedt, December 11, 2023 - Lufthansa Industry Solutions and Xylene, a leading software startup specializing in product traceability and Digital Product Passports, have entered into a partnership. This collaboration combines Xylene's innovative capabilities with Lufthansa Industry Solutions' customized solutions for customers in various industries - from development to implementation and operation.
The goal of the partnership is to meet the growing demand for extended product traceability and Digital Product Passports, as well as to offer companies innovative solutions to improve supply chain transparency and comply with regulations such as the Supply Chain Act. Special attention will be given to compliance with environmental and social standards along the supply and value chain.
The key benefits of this partnership are:
- End-to-end traceability: Companies gain access to advanced traceability solutions that can track products at every stage of the value chain to reduce the risk of fraud, counterfeiting and supply chain disruption.
- Digital Product Passports: Digital product passports provide companies with transparent information about the origin, authenticity and sustainability of products, enable them to make informed decisions and communicate this with customers and legislators.
- Consulting expertise: Customers benefit from Lufthansa Industry Solutions' industry-specific expertise and best practices to ensure that the strategic direction and implemented solutions meet their individual requirements and regulations. The experts at Lufthansa Industry Solutions also support the integration and implementation of solutions as well as the creation and integration into a comprehensive sustainability and IT strategy.
- Improved regulatory compliance: The partnership will help companies comply with evolving regulations and industry standards to mitigate risk and optimize operations.