Spice Tech Company Leverages TraceX Blockchain to Enhance Spice Traceability

The Spice Tech company transformed its online platform from one with limited visibility to a secure and transparent marketplace with empowered farmers and verified data with TraceX blockchain traceability solutions. This fosters trust across the spice supply chain, leading to a more sustainable and ethical industry.

About the Company

The company is a tech company based out of Cochin, Kerala. It is in the business of consolidating the value chain in the spices industry, enabled through its online platform, through which the main stake holders in the spices value chain are aggregated and the platform facilitates trade between them. 

Industry

Agribusiness

Region

India

Use Case

Spice Supply Chain Transparency with Traceability

Features Used

Farmer Onboarding
Farm Plot management
Crop Management
Harvest Management
Post Harvest Management
Traceability Data Integration with APIs

The recent news about the Indian Commerce Ministry’s focus on traceability in the spice industry underscores its critical importance. Alarms have been raised about spice contamination and exceeding safe residue limits. Traceability bridges this gap by allowing us to track the path of a spice, from farm to our plates.

Challenges

Manual Data Management: The organization relied on paper-based records or manual data entry for farmer onboarding, crop management, and harvest tracking. This approach is prone to errors, inefficiencies, and difficulty in data analysis.

Limited Traceability: Tracing the origin and journey of spices was likely challenging without a connected system. This could raise concerns about product authenticity and hinder brand reputation.

Data Silos & Information Gaps: Data on farmers, crops, and transactions might have been scattered across different systems, making it difficult to obtain a holistic view of the supply chain.

Lack of Transparency: Without a secure and transparent system, trust between farmers, FPOs, warehouses, and the organization could be hampered.

Fraudulent Activities: The manual system might have been vulnerable to manipulation or fraudulent activities, impacting data accuracy and financial security.

Solutions

TraceX offers a comprehensive Traceability Platform that empowers organizations to achieve farmer digitization and data synchronization with the company’s online platform.

Farmer Onboarding & Digitization:

Verification & Records: The mobile app streamlines farmer registration, capturing details and documents electronically, creating a verified digital record.

Geo-mapping & Visualization: TraceX facilitates geo-tagging farms and mapping individual plots, providing a visual representation of land ownership and location.

Crop Management & Traceability:

Crop Data Capture: Farmers can add individual crops within the app, specifying details like sowing dates. This data gets synced with the online platform.

Comprehensive Picture: The system allows recording of adjacent and off-season crops, providing a holistic view of a farmer’s agricultural activities.

Harvest Management & Traceability:

Harvest Updates & Batch Tracking: Farmers record harvests and assign unique batch IDs for traceability. This data gets synced with the online platform.

Post-Harvest Management & Sales:

Warehouse/Manufacturer Management: Create digital profiles for warehouses or manufacturers within the system.

Sales Recording: Farmers record sales directly to FPOs (Farmer Producer Organizations) or warehouses through the app. This data is reflected in the online platform.

Digital GRNs: FPOs or warehouses can generate digital Goods Received Notes (GRNs) upon receiving produce, creating a transparent record.

Processing & Value Addition (Optional):

Configurable Processing Steps: For crops requiring processing, the system allows creation of customized steps based on specific needs.

Process Details Recording: Manufacturers or processors can record details of how raw produce is converted into value-added products, providing transparency.

Sales & Data Integration:

Sales Recording: Aggregators or manufacturers can record sales (processed or raw) to the organization within the system.

Digital GRNs & Acceptance: The organization can accept deliveries through digital GRNs, streamlining receiving processes.

API Integration: All captured data throughout the workflow gets pushed to the online platform via API integration. This allows final buyers to access a transparent record of the product’s journey, from farm to fork.

TraceX solutions empowers the company with a data-driven system for farmer digitization, ensuring traceability throughout the supply chain, and facilitating seamless data exchange with its online platform. This transparency fosters trust with consumers and empowers all stakeholders in the agricultural ecosystem.

EXPLORE OUR FARM MANAGEMENT PLATFORM

Key Takeaways

Enhanced Traceability and Security

The integration of TraceX’s blockchain-based platform provides end-to-end traceability for the spice supply chain, significantly reducing fraud and information gaps.

Empowerment of Farmers

The mobile farm management app developed by TraceX equips farmers with essential tools and data, improving their farm management practices and boosting productivity.

Data Synchronization and Verification

API integration between the platforms ensures seamless data synchronization, delivering verified information on farmers, inventory, and transactions to the online platform.

Increased Transparency and Accountability

The combined solution fosters greater trust and accountability within the spice ecosystem, benefiting all stakeholders from farmers to end consumers by ensuring the authenticity and quality of the spices.

Improved User Experience for Buyers and Sellers

With enhanced visibility into the spice journey, buyers and sellers on the Spice Tech platform can make more informed decisions, leading to a more reliable and efficient marketplace

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Spice Tech Company Leverages TraceX Blockchain to Enhance Spice Traceability

About the Company

Industry

Region

Use Case

Features Used

Challenges

Solutions

Key Takeaways

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Download your Spice Tech Company Leverages TraceX Blockchain to Enhance Spice Traceability here

Download your Spice Tech Company Leverages TraceX Blockchain to Enhance Spice Traceability here

Download your Spice Tech Company Leverages TraceX Blockchain to Enhance Spice Traceability here

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