SourceTrace is a SaaS (Software-As-A-Service) company that focuses on sustainable agriculture and empowerment of smallholder farmers.
The company has a footprint in 26 countries impacting more than 1 million farmers and 2.4 million acres.
As the world population is estimated to grow to 9 billion by 2050, fifty percent more food will be required to feed the world. SourceTrace is helping farmers rise to the challenge through data-driven digital innovations that improve productivity and predictability in a sustainable manner.
SourceTrace’s digital solutions improve farmers’ livelihoods by:
- Providing greater access to global markets and customers.
- Improving productivity through efficient use of inputs and reliable procurement processes.
- Minimizing risk by access to timely knowledge and Information.
SourceTrace’s customers build stronger trust and engagement with stakeholders by providing them full visibility of the produce from farm to fork. For example:
- Ethical fashion brands can demonstrate the origin of organic cotton and win the trust and confidence of the end consumers.<
- QR-code based traceability solutions help retail stores provide full traceability including the origin information of the fresh produce.
- Aquaculture farmers can demonstrate the source of the seed and offer full visibility of the value chain to the end consumers.
SourceTrace enables organizations to implement data-driven agriculture practices that improve sustainability and reputation results. For example:
- Organic cotton farmers in India gained sustainable market access to global brands with premium pricing.
- Organizations were able to monitor and eliminate deforestation and child labor in cocoa value chains.
- Agribusiness were able to improve operational excellence by providing solutions for remote and low/no bandwidth areas.
- Firms can minimize risk through real-time solutions and insights from built-in risks.
SourceTrace solutions benefit stakeholders across the agriculture value chain
- For Agribusinesses: Increased business productivity
- For Farmers: Improved livelihoods
- For Government Agencies: Confidence in policy making
- For Financial Institutions: Reduced risk
- For Development Agencies: Better transparency