Procurement with TRACEX

 

Transforming Agribusiness Procurement: Streamline operations, enhance transparency, and foster sustainability with TraceX’s cutting-edge solutions. 

Procurement with TRACEX

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Transforming Agribusiness Procurement: Streamline operations, enhance transparency, and foster sustainability with TraceX’s cutting-edge solutions. 

Brands that trust us

 

WHO NEEDS THEM?

 

ENTERPRISES

Streamline purchasing processes, ensure transparency, and optimize supply chain management for sustainable growth. 

Contract Farmers

Empower your contract farmers with efficient procurement processes. Simplify your supply chain management and ensure fair transactions every step of the way 

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EXPORT HOUSES

Transform your export operations with procurement feature, ensuring seamless sourcing of high-quality produce while maintaining transparency and compliance throughout the supply chain 

WHAT ARE THE KEY CHALLENGES?

 
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Supply Chain Disruptions and Volatility

The agricultural industry is inherently susceptible to external factors like weather patterns, pests, and diseases. 

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Quality Control and Traceability

Maintaining consistent product quality is crucial in agribusiness. However, factors like fragmented supply chains and limited traceability systems can make it challenging to ensure the quality and safety of raw materials. 

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Decentralized Operations

Decentralized nature in agribusinesses results in limited real-time visibility across their supply chains which makes it difficult to optimize procurement strategies and respond to market fluctuations. 

HOW TRACEX SOLUTIONS HELP

 
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Unlock the power of your first-mile data with Trace Gro. Centralize farmer information, streamline farm management, and ensure compliance reporting effortlessly. Elevate your pre-harvest agriculture productivity with ease.

Farmer Verification

Guarantee transparency and traceability in agricultural procurement processes.

Minimize risk of fraud with farmer authentication

Validate land ownership and certifications

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Procurement Planning

Seamless estimation of expected harvest quantities

Streamlined workflows at Procurement centres

Tracking of market prices and setting fair procurement prices

Procurement Tokens

Tokens issued selectively based on pre-defined quality parameters

SMS notifications upon batch acceptance

QR-embedded tokens contain comprehensive information on the procurement activity.

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batch management

Weighing Scale Integration

Integration of Bluetooth-enabled weighing scales

Streamlined weighing processes

Automation reduces the risk of manual errors

Dynamic QR Codes

Pre-printed QR stickers streamline the procurement process.

Dynamic QR Mapping utilizes dynamic QR codes that can be updated with real-time data.

These dynamic QR codes provide stakeholders with detailed information about each product.

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batch management

Market Price Procurement

The Market Price/Procurement Price feature provides real-time tracking of commodity prices

Companies can ensure fair and reflective procurement prices

Enables organizations to optimize procurement decisions Custom Sales Receipt

Custom Sales Receipt

Offers clear documentation of transactions.

Offers clear documentation of transactions.

Automated SMS notifications for farmers

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What are the Benefits?

 

Increase Consumer Trust and Loyalty

New age consumers want to know the product story. With QR code a quick scan of the product label provides consumer with all the details thereby providing the ability to verify each claim.

Reduce overheads for Product Recalls

Millions of dollars are spent to recall products. Our solutions can help brands to track and trace back the product at any point with minimal overhead or loss of brand credibility.

Achieve Sustainability Goals

To make sustainability goals possible. It is pre-requisite know to most granular detail of the supply chain. TraceX solution gives granular insights into the supply chain to make sustainability goals possible and verifiable.

Ensures Food Safety

Quality issues can cause irreperable damage to the brand. The ability of our solution to verify every claim of all the supply chain players will mitigate potential food fraud.

Increase Consumer Trust and Loyalty

New age consumers want to know the product story. With QR code a quick scan of the product label provides consumer with all the details thereby providing the ability to verify each claim.

Reduce overheads for Product Recalls

Millions of dollars are spent to recall products. Our solutions can help brands to track and trace back the product at any point with minimal overhead or loss of brand credibility.

Achieve Sustainability Goals

To make sustainability goals possible. It is pre-requisite know to most granular detail of the supply chain. TraceX solution gives granular insights into the supply chain to make sustainability goals possible and verifiable.

Ensures Food Safety

Quality issues can cause irreperable damage to the brand. The ability of our solution to verify every claim ofall the supply chain players will mitigate potential food fraud.

Key Benefits

 
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Efficient Procurement Process

Features such as procurement tokens and dynamic QR mapping streamline procurement operations, reducing delays and ensuring a seamless process from planning to execution. 

Fair Transactions

Accurate weighing operations and market price monitoring enable fair transactions between buyers and farmers, ensuring that farmers receive fair compensation for their produce based on actual weight and current market prices. 

 
 
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Enhanced Traceability

Pre-printed QR stickers and dynamic QR mapping facilitate traceability throughout the supply chain, allowing companies to track the origin of procured products and ensure transparency in sourcing practices. 

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Optimal Decision-Making

Real-time market price tracking and setting appropriate procurement prices empower organizations to make informed decisions about when and how much to buy, optimizing procurement strategies and securing the best possible prices while maintaining a steady supply of raw materials. 

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Enhancing Operational Efficiency and Supply Chain Optimization with the Krishi Mangal Project 

Problem

Implementing Sustainable Tobacco Programs (STP) presents challenges such as stringent sustainability standards, complex contractual agreements with farmers, and technological hurdles in deploying digital solutions.

Solution

TraceX offers traceability solutions to address challenges in the tobacco supply chain by enhancing transparency and efficiency. With digital platforms, it ensures STP compliance, streamlines farmer contracts, and optimizes procurement workflows, fostering sustainable practices.

Benefit

With TraceX, tobacco companies achieve heightened sustainability adherence, streamlined farmer contracts, and enhanced procurement efficiency. These solutions mitigate environmental and labor challenges, promoting transparency and accountability in the tobacco supply chain.

Testimonials

 

Interested to know more?

 
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Sustainable Development Goals – Heart of Corporate Strategy

Business leaders have understood that sustainability is an investment. As part of the efforts to strengthen companies’ corporate responsibility in different industries, the Global Corporate Sustainability Index rates their adherence to Environmental, Social and Corporate Governance (ESG). . Businesses need to embed sustainability in all parts of their organization and translate it into their brands.

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Frequently Asked Questions

 

No, but we can do a pilot implementation to help you explore the system.

On an average 16% of the users scan the QR code. We have seen companies introducing gamification techniques to increase the consumer engagement and buying propensity

Not as of now. We have a standard subscription model based on the volume of transactions

It completely depends on the company or the brand on how they are leveraging the traceability. However we have observed the companies are able to get better market linkages and demand premiums for traced products

It depends on the brand and their marketing and sales team leveraging the traceability and doing necessary promotions to increase adoption and engagement. We do not track the customer engagament on our portal

Harness the power of intelligent supply chains

Leverage Blockchain enabled traceability platform for enhanced supply chain visibility

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food traceability, food supply chain

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