在如今科技迅速发展的世界中,农食产业正面临一个关键抉择点。随着全球人口的增长,已经复杂多样的农食供应链正面临着越来越大的压力。为了确保这一关键链条的效率、透明度和可持续性,数字化转型已不再是奢侈,而是必需品。数字化和自动化已经越来越普遍,作为提高生产力和改善资源高效利用的方式,与需要建立更可持续食品系统的目标一致。

因此,数字化转型对农食供应链至关重要,它使供应链的可见性成为可能,为人工智能和数据分析发挥作用,为食品创造更可持续的未来奠定基础。

农食供应链数字化转型的需求

农食供应链是一个复杂的网络,涉及众多利益相关者,从农民和生产商到分销商、零售商和消费者。传统上,这个供应链使用人力密集、耗时长且常常效率低下的模 anal 手段进行管理。缺乏整个供应链实时信息共享和可见性,导致诸如过度生产、资源闲置、食物浪费和有限的溯源等问题。这就是数字化转型发挥作用的地方。

从模拟到数字化:通过数字化打破数据孤岛

农食供应链面临的主要挑战之一是数据孤岛的存在。信息往往被困在供应链的各个阶段之内,阻碍了无缝的沟通和协作。

使得这些数据孤岛更加难以解决的是,即使对于在日常运营中管理数百万美元和数千种产品的大公司,其中许多数据仍以纸质形式存在。

以上:在许多农产品包装厂,如今仍然在使用纸和笔进行质量检查。

此外,公司通常会投入额外的人力、时间和资源,在出货前后进行额外的分类,以减少在供应链后段面临拒收和质量问题的可能性。

以上:通常情况下,额外的人力会被反复部署,以在供应链中多次检查诸如新鲜农产品等物品的质量,往往以手动且耗时的方式进行。

因此,为了实现供应链的可见性,我们必须首先将模拟转化为数字,以使操作流程在数字世界中的记录具有适用性、可扩展性和可操作性。

DiMuto的QR码标签可以迅速为每个产品和纸箱创建数字孪生,通过我们的移动应用和网络平台生态系统,可以将生产和供应链的信息高效地标记到该产品和纸箱的数字孪生中。

DiMuto的QR标签还可以自动集成到现有的条形码标签中,消除重复标签,并且可以现场打印,以便于使用。

DiMuto的数字化转型解决方案在一个单一平台上捕获端到端的数据。在此阅读更多信息

在一个平台上实现供应链可见性

供应链可见性是高效农食供应链的基石。通过数字化,利益相关者可以实时获取有关产品状态的数据,从农田到餐桌。数字化转型涉及整合物联网(IoT)设备、传感器和区块链等技术,以在供应链的所有阶段收集和共享数据。这种实时数据共享不仅增强了可见性,还能够促使快速决策,减少浪费,提高整体效率。

然而,即使数据是数字化的,流程也是数字化的,目前市场上仍然没有一个解决方案可以胜任所有任务。有许多专门的软件处理供应链的某个部分或特定活动,并没有一个软件解决方案可以将所有环节连接起来。DiMuto的设计目标就是解决这个问题,为不同的利益相关者提供手动上传或与供应链参与者使用的不同现有解决方案进行整合的选项。这有助于创建完整的供应链数据画面,实现真正的供应链可见性。

农食企业的好处

对于农食企业来说,拥抱数字化转型带来的好处是深远的。数字化带来的供应链可见性使得积极主动的决策和资源分配得以实现。种植者可以根据实时数据微调种植和收获时间表,从而减少因突发天气事件或疾病爆发导致的农作物损失的风险。交易商、进口商和出口商可以通过精确了解即将到来的货物提升运营效率,实现更好的生产计划并减少浪费。零售商可以优化库存管理,防止缺货并降低库存过剩的成本。此外,为消费者提供关于食物旅程的详细信息有助于提升品牌声誉和消费者忠诚度。最终,拥抱数字化转型的农食企业将自己定位为可持续性、效率和创新的领导者,在竞争日益激烈的市场中推动增长和成功。

人工智能和数据分析的角色

随着数据在数字化的农食供应链中自由流动,人工智能和数据分析开始对生成的大规模数据集进行解读。人工智能算法可以预测农作物产量,优化运输路线,甚至预见潜在的中断。先进的分析技术提供消费者偏好的见解,帮助农民根据市场需求调整生产。此外,由人工智能驱动的需求预测通过确保生长和分配适量的农产品,最大限度地减少食物浪费。

打造数字化转型的食品供应链可以实现积极的反馈循环,从而可以应用数据分析和人工智能来实现可持续性和效率。

铺平可持续食品体系的道路

在农食领域拥抱数字化转型的一个重要动机是追求可持续性。通过准确的数据和洞察力,利益相关者可以采用精准农业实践,最小化对水、农药和肥料等资源的使用。通过防止过度生产和提高分销效率,数字技术在减少食物浪费方面发挥着关键作用。最终,一个更可持续的食品体系出现,有助于环境保护和社会责任。

农食供应链迫切需要从模拟转向数字解决方案,以增强可见性、效率和可持续性。打破数据孤岛,并采用物联网、传感器和区块链等技术,为利益相关者提供实时洞察力,赋予他们做出明智决策的能力。人工智能和数据分析优化系统的效率,以应对不断增长的全球人口和日益加剧的环境问题的挑战。

农食供应链数字化转型的需求

面对不断增长的全球人口和农食供应链的错综复杂性,数字化转型已经成为必需,而非奢侈。从传统方法转向数字化和自动化对于提升效率、透明度和可持续性至关重要。通过数字化运营并打破数据孤立,可以实现利益相关方之间的实时沟通与合作。二维码标签和数字孪生技术(如DiMuto所示)有助于实现供应链的可见性,并从生产到分销实现数据捕获。整合物联网、传感器和区块链等技术可以实现明智决策、减少浪费和提高效率。人工智能和数据分析进一步通过预测产量、优化路线和量身定制生产来做出贡献。可持续性是这一转型背后的推动力,它可以实现资源保护和减少浪费,最终引领出具有环境和社会效益的更加可持续的食品系统。

请在这篇文章中了解更多信息。

我们非常高兴地宣布DiMuto正在经历一次令人激动的转变!经过数月的内省和慎重考虑,我们开始了一段重新品牌定位的旅程,以更好地为您服务,满足我们行业不断变化的需求。

在我们对卓越的不懈追求中,我们意识到变革不仅是不可避免的,而且是增长和进步的必要条件。我们的重新品牌定位是出于对创新前沿的追求,为了加深与您的联系并在不断变化的世界中产生持久的影响。

通过这次品牌定位的改变,我们正在拥抱一种全新的身份,这种身份能够体现我们致力于提供卓越价值和体验的承诺。

我们希望强调的是,尽管我们的外部形象可能会改变,但我们的核心价值观和对您成功的承诺始终坚定不移。

为什么要进行重新品牌定位?

自从DiMuto成立以来,我们经历了一次令人瞩目的转变,从最初作为一家纯区块链技术公司的起步,我们的关注点逐渐从技术转向提供综合解决方案,以解决种植者、出口商和进口商在贸易行业面临的挑战。今天,我们自豪地提供涵盖产品、贸易和金融服务的一系列服务。

我们致力于赋予企业权力,使您能够获得完整的供应链可见性。通过这个平台,您可以全面了解您的产品所经历的旅程,从而能够做出明智的决策并优化您的贸易流程。

除了我们的核心平台外,我们还扩展了我们的服务,包括一个市场和金融服务。我们新品牌中的圆形“D”图标代表了这个完整的服务生态系统,为您提供了成功交易所需的所有工具和支持。无论您需要一个安全的市场与潜在买家和卖家建立联系,还是根据您独特的需求提供金融服务,我们都能满足您的需求。

通过我们的市场,您可以发现新机遇,扩展您的网络,并与可信赖的合作伙伴进行无缝的贸易交易。与此同时,我们的金融服务提供定制解决方案,促进顺畅的交易,降低风险,并确保整个贸易周期中的最佳流动性。

这次品牌定位的转变代表了我们从一个以技术为驱动的公司向一个综合解决方案提供商的演变。尽管我们的区块链根源仍深植于我们的基因中,但我们新的品牌形象反映了我们致力于提供全面的端到端服务,使您能够在充满活力的贸易世界中蓬勃发展。

在DiMuto,我们对前方的可能性感到兴奋。我们将继续创新、合作,并赋予像您这样的企业力量,使其在成功的道路上达到新的高度。让我们共同拥抱可见性的力量,释放您贸易事业的全部潜力。

欢迎来到全新的DiMuto——您无缝、透明和有利可图的值得信赖的合作伙伴。

新标志的意义是什么?

DiMuto通过我们的端到端360度服务重新定义全球农业贸易,这一点在我们的新品牌中得到了体现。我们的DiMuto“D”图标由一个无尽的莫比乌斯环组成,代表着我们无缝的区块链。蓝色和绿色的自然和清新配色突显了我们与农业和大自然的联系。DiMuto字标的字体干净现代,而两个大写字母突出了我们名称的起源和独特性。

今天推出的新视觉形象是更好地传达DiMuto的所做所为的基础。

我们的品牌故事

DiMuto是由Gary Loh在经营全球水果和蔬菜公司十年之后创立的。对全球食品贸易的方式感到沮丧后,他决定事情需要为了更好而改变。DiMuto的目标是解决全球食品弹性和供应链效率的问题。我们是以交易商为交易商,我们希望帮助农业食品业主高效优化他们的运营,并在他们的买家或卖家之间建立信任基础,以便他们能够采取行动改进和发展他们的业务。

通过我们在新加坡中心的不断增强,我们的团队在全球范围内推动农业贸易。我们的产品支持农产品贸易的各个方面,重新定义了从农场到餐桌的商品管理方式,将每一个步骤无缝简单地连接起来,并使其可

见。

我们期待与您分享这个令人兴奋的新篇章,共同塑造我们行业的未来!

Newton Orchards现在能够直接与最终消费者联系,推出一项营销活动,提高Newton Orchards品牌的知名度,并利用DiMuto的智能营销服务向澳大利亚的消费者传达从农场到餐桌的追溯故事。

DiMuto基于QR码的智能营销服务是一种经济高效的解决方案,可以接触到最终消费者,并传达农民和生产者的追溯品牌故事。

关于Newton Orchards:Newton Orchards位于西澳大利亚州的Manjimup,是一个经营超过90年、有四代人的家族企业。多年来,它发展成为澳大利亚最值得信赖的水果种植者之一。

  • 拥有水果衍生饮料系列,包括苹果酒和果汁,以减少食物浪费
  • 种植各种作物,如苹果、梨和樱桃
  • 向Coles和Woolworths等主要零售超市供应新鲜农产品
  • 行业:新鲜农产品
  • 位置:西澳大利亚州Manjimup

DiMuto的成果

  • DiMuto数字资产创建(DAC)和交易平台提供了贸易追溯性,有助于提供完整的供应链可见性
  • 智能营销解决方案帮助吸引最终消费者,加强Newton Orchards品牌

主要挑战

  • 无法直接接触最终消费者并了解他们的客户
  • 无法满足消费者对新鲜农产品追溯性的需求
  • 难以为其新鲜农产品和饮料产品进行交叉促销
  • 难以将Newton Orchards苹果与市场上其他现有品牌区分开来

对于许多种植者和生产者来说,往往很难将他们的产品与市场上的现有产品和品牌区分开来。这使得进入新市场或销售渠道变得具有挑战性。此外,作为食品供应链的上游参与者,他们通常依靠中间商将产品交付给最终消费者,因此无法直接与消费者沟通。与此同时,越来越多的消费者在购买新鲜农产品时要求追溯性,因为他们希望确保所购买的农产品经过安全处理并具有良好的质量。尽管农民一直遵守安全法规和良好的加工实践,但很难将这一点传达给最终消费者。

DiMuto如何帮助

DiMuto的SMART营销解决方案为农民与最终消费者之间建立了简单的连接。作为DiMuto贸易解决方案平台的一部分,销售与市场保留与认知工具(SMART)营销解决方案允许像Newton Orchards这样的新鲜农产品种植者和供应商进行成本效益的营销活动,以吸引消费者的参与。

通过DiMuto的SMART营销,Newton Orchards能够利用贴在每个苹果上的DiMuto QR标签与最终消费者进行沟通。当消费者扫描QR码时,他们现在有能力了解一个简单苹果背后的历程,并了解苹果的产地、种植实践以及这个四代农场的历史。

Newton Orchards现在还能够通过DiMuto的SMART营销进行直接营销活动。他们在西澳大利亚市场举办了一次幸运抽奖活动,旨在提高人们对其苹果汁和苹果酒的认知,以及对新鲜的粉红女士苹果的追溯性故事。


这次营销活动在现场消费者中获得了积极的反馈,通过销售点的品尝和营销活动,显示出消费者对追溯性和QR营销的积极响应。幸运抽奖机制还使Newton Orchards能够了解他们最终消费者的行为和偏好,并与他们建立起关系。

为了利用DiMuto的SMART营销,Newton Orchards采用了DiMuto的追溯解决方案,以捕获他们的供应链信息,包括DiMuto QR标签。这使他们能够向最终消费者传达可验证的追溯故事,并将追溯性作为区别于其他品牌的工具。

“作为向澳大利亚消费者提供可持续和安全食品的承诺的一部分,我们很高兴与DiMuto合作。通过能够追踪每个苹果的从农场到餐桌的过程,我们能够确保食品的完整性,让顾客以更接近自然的方式享受苹果,” Newton Orchards的业主兼经理Harvey Giblett表示。通过经过DiMuto验证的产品和贸易,Newton Orchards现在能够利用追溯性来区分他们的品牌,并加强他们向最终消费者传达农场到餐桌品牌的能力。

如果您对了解DiMuto如何帮助新鲜农产品种植者通过追溯性来提升品牌感兴趣,请在此处与我们联系,或发送电子邮件至sales@dimuto.io

区块链、人工智能和物联网如何简化农业食品产品质量,实现更高效、可持续和透明的食品供应链。

在当今社会,农业食品贸易实践已经发展,以满足消费者对高质量、安全和可持续食品产品的需求。帮助农业食品企业满足这一需求的关键工具之一就是区块链。

区块链技术的使用已成为确保农业食品贸易交易高效和透明的重要工具。此外,对食品来源的了解在最终消费者中变得越来越普遍,这使得农业食品企业更有必要更好地了解、管理和沟通产品从农场到餐桌的流动情况。

区块链技术是什么?

区块链是一种共享的分布式账本技术,允许用户彼此共享经过验证、不可篡改的信息。通过这种方式,区块链帮助农业食品供应链各方共享可信信息,用于每笔交易,从而实现食品来源的追踪,建立更加可见、高效和透明的供应链。

区块链可以用于诸如改善农业食品供应链中的食品质量控制等应用。

利用区块链、人工智能和物联网来改进产品质量控制

研究表明,由于不适当的储存和运输条件,水果和蔬菜被丢弃。例如,在中亚和南亚地区,运输损失可能高达整体产量的30%,造成大量浪费。

随着农业食品产品沿着食品供应链进行运输,它们通常会选择不同的路线,并经历许多处理环节。这意味着在整个供应链中跟踪农产品是具有挑战性的,这使得确保产品优质成为一项困难任务。在保鲜产品行业尤其如此,因为确保质量是最大化货架寿命的关键。

农业食品企业需要克服以下问题,以确保产品质量:

  • 处理大量的贸易、产品和文档信息。
  • 没有充分利用有价值的技术。
  • 跟踪产品信息。
  • 优化确保产品质量信息的过程。

DiMuto如何运用区块链、人工智能和物联网确保产品质量

DiMuto利用区块链技术结合物联网(IoT)和人工智能(AI)以客观简化的方式来确定产品质量。

DiMuto通过以下四个步骤改变了确保产品质量的方式:

  1. 1. 利用我们的数字资产创建(DACKY)设备中的物联网技术,捕捉整个供应链中每个单独箱子的产品数据。
  2. 2. 将收集到的数据整理并在我们的贸易解决方案平台上,使其对不同用户可访问、可读、易懂。
  3. 3. 使用人工智能为收集到的数据提供更多洞察力。
  4. 4. 数据被保存在区块链上,以确保其不可篡改性。

 

DiMuto的DACKY设备在各个包装设施捕捉预装运箱的信息。

每个农业食品产品的包装箱的视觉图像随后会自动上传到DiMuto平台,并与每笔交易关联,以便农业食品组织中的产品、质量控制和销售团队可以轻松地访问这些数据。

DiMuto的人工智能和机器学习技术会增强所收集的信息,利用预测模型和分析提供有用的洞察力,这个过程会获得重要的产品信息,以评估其质量得分:

  • 产品识别
  • 产品尺寸
  • 产品数量
  • 产品质量

请观看上面的视频,了解DiMuto如何利用人工智能来确定预装和后装运产品的质量。

这些有见地的数据将存储在区块链上,通过分散的节点网络确保安全性和不可篡改性。

在当前将重要信息保存在中央服务器的做法中,存在单点故障的风险。然而,在区块链中,数据分布在网络中的所有节点之间。因此,它防止了系统受到中央机构的控制。因此,产品质量信息的获取方式始终简单且安全。

这将有助于更高效地确定农业食品产品的质量,帮助农业食品企业在供应链的各个阶段更好地控制食品质量。

通过DiMuto的解决方案,农业食品公司可以减少由于供应链中更加可见、高效和可靠的产品质量控制而引起的食物浪费,并迈向食品可持续发展的下一步。

如果您对了解更多有关DiMuto如何帮助农业食品公司利用区块链和其他技术来建立更高效、可持续的供应链感兴趣,请在此处与我们联系,或发送电子邮件至sales@dimuto.io。

Pandemics are characterized by their severe negative consequences on the global economy. COVID-19 has had a significant influence on one of the most vital areas of the economy – the whole food supply chain, from the source to the consumer. The disruption to supply networks continues to be severe, with the virus continuing to cause numerous areas and economies impose lockdowns and restrictions, while others struggle to adapt to a post-pandemic landscape. The supply chain will be crucial in providing products and services promptly, reliably, and securely as economies begin to recover.

COVID-19 is causing the ‘Messy Middle’ in operations to be more challenging throughout the world in ways that are difficult to predict and measure. Agri-Food businesses are concerned that they will not be able to meet contractual commitments on time due to the new challenges posed by the pandemic and the lack of visibility; from Supplier to Retailer to End-Consumer. There remain substantial concerns regarding food production, processing, distribution, and demand in lieu of pandemic-related supply chain changes such as limitations to workers’ mobility, changes in consumer demand, the closure of food production facilities, new food trade laws, and financial constraints in the food supply chain.

In addition to the new obstacles posed by the pandemic, COVID-19 revealed previously unknown weaknesses in several sectors – Lead Times, Lack of Diversification and Visibility, and many organizations have experienced heavy losses because of it, exacerbating and hastening issues of the ‘Messy Middle’ that previously existed in the supply chain.

How The Pandemic Impacts the Global AgriFood Supply Chain

From farm to fork, there are five phases of the food supply chain (FSC). Two mechanisms are used in the food supply chain for food consistency and protection. The first focuses on rules and legislation that use mandatory requirements reviewed by government agencies. The second focuses on voluntary principles established by economic law or international organizations. FSC contains important final stages that can easily affect end-consumers. This includes safe food handling, preparation, delivery, the use of personal protective equipment such as helmets and gloves, surface disinfection, and work. Maintaining environmental and even social distance are some safety measures implemented to ensure the continuity of food flow.

The Covid-19 pandemic, unlike foot-and-mouth disease, avian influenza, and Listeria, does not directly infect animals or produce and therefore has no impact on development of diseases via produce. However, because of the pandemic, nations have severely restricted the flow of goods (land, sea and air transport) and the movement of labour around the world to manage and control the rate of transmission of Covid-19 between people.

Reportedly, Australia’s isolation rules have also created shortages of workers to harvest, pack, transport and distribute the fruit and vegetables which leads to strained distribution of food supplies. These conditions are aggravated with Uganda’s authorities demanding fresh testing of Covid-19 by the Kenyan truck drivers upon their arrival at the border with claims that their Covid-19 certificates are falsified, enabling the Truck Drivers to go on a strike due to the stated conditions. These situations greatly delayed the supply of fresh produce.

Chile Scrambles to Regain China’s Confidence on Cherry Imports

Chile’s association of fruit exporters Asoex stated that wholesale purchases of Chilean cherries have decreased to 4% below normal levels in 2021 and retail sales flopped heavily by 63% in China.

The cause of reduction for cherry imports in China is due to reports that have been made stating that some imported cherries tested positive for traces of the coronavirus in Jiangsu Province, which swiftly spread across the Chinese media making the consumers doubt and lose confidence in purchasing them. This incident impacted the cherry sales negatively as cherry sales suffer a devastating blow due to the fear of being contracted with the Covid-19 virus.

COVID-Driven High Freight Rates Makes Receiving Poor Quality Fresh Produce More Costly

According to the Xeneta Shipping Index, there has been an increase in freight rates, with global container prices rising by 3.2% in September 2021, which marks an astounding surge of 91.5% as compared to the previous year. As the costs are high in shipping fresh produce, receiving poor quality fresh produce would further incur loss in sales where a container of Fresh Produce can value between US$50,000 to US$150,000 and wasted costs that are not easily recovered where rises in freight costs are at an all-time high making goods rejection even more costly.

How DiMuto Helps AgriFood Companies Stay Resilient

DiMuto understands the many difficulties in conducting cross-border international agrifood trade, and the various risks involved, due to the disconnected flow of information across global supply chains where buyers and suppliers are often located in very distant geographical areas.

With DiMuto and our trusted network of buyers in the region, you can trade Agri-Food products and fresh produce products with seamless visibility and accessibility. DiMuto’s Global Trade Network is made up of an exclusive network of trusted buyers and suppliers conducting traceable trade on the DiMuto Platform. With full supply chain visibility, growers and retailers can buy & sell fresh produce more effectively and efficiently. 

For Buyers:

When retail stores receive goods that do not fulfil order specifications or products that have some form of quality issues. Moreover, the defects are only known when the fruit or produce has arrived due to a lack of product visibility along the supply chain. This makes trade managing fresh produce challenging for retailers:

  • Unable to see pre-shipment product quality and container loading
  • Unable to quickly respond to inventory changes due to rejections from quality defects
  • Unable to communicate defects easily and effectively between internal teams

With DiMuto, Retailers can now enjoy accessible visibility of pre-shipment and post-shipment quality to better manage any potential loss of sales

  • Pre-shipment product quality down to every single carton easily accessible to commercial team
  • Trade information, documents and actions of each trade seamlessly recorded and presented in timeline view
  • Post-shipment product quality efficiently captured and communicated between QC, commercial and retail teams
  • Dashboard view of Inspection Management to ensure optimal product quality and vendor performance

Read more on How Retailers Can Better Manage the Impact of the ‘Messy Riddle’

For Suppliers:

By joining DiMuto’s Global Trade Network, you will deal with traceable, trackable fresh produce that has been digitized TradeTrust Blockchain Validation, creating data-backed trust and peace of mind when you conduct global produce trade adapting to the pandemic that has disrupted trade.

Read more on How DiMuto Uses TradeTrust Blockchain Validation to Strengthen Trust in Global Trade

Pukuna Farms Using DiMuto’s Traceability for Visiblity and Accessing New Markets

Based on a challenge faced by one of our customers – Pukuna Farms, they were finding a way to expand their market to such an unknown region like Asia, hailing all the way from Ecuador. It is not easy to enter an unknown market and for that, the supplier has to be reliable, where consistent quality is key. Buyers need to be assured that suppliers will sell their fresh produce in good condition and they will be receiving the products as per specified and upon the arrival of the fresh produce and buyers will be required to scan the fruits for visibility on the quality of fruits. For that, it is important to have full visibility in the supply chain.

With DiMuto’s traceability solutions, traceability and digitalization secured with Blockchain-Powered solution, Pukuna Farms was able to improve in sales as each Pitahaya is digitalized with DiMuto QR code so it can be tracked and traced on one single platform to provide full visibility as it moves through the supply chain, making it easier to manage trade dispute based on the information recorded timely on the DiMuto platform.

Product quality, farm information and trade information are captured on the DiMuto platform. Thus, the visibility provided by DiMuto to supply chain partners enables trade traceability and transparency, improving trust and establishing long lasting partnerships between supply chain partners.

Read more on how Pukuna Farms Uses DiMuto’s Traceability. 

DiMuto Creates Trade Visibility for “The Messy Middle” 

DiMuto’s Accessibility of Pre-Shipment and Post-Shipment Quality 

With DiMuto, Retailers can now enjoy accessible visibility of pre-shipment and post-shipment quality to better manage any potential loss of sales 

  • Pre-shipment product quality down to every single carton easily accessible to commercial team 
  • Trade information, documents and actions of each trade seamlessly recorded and presented in timeline view 
  • Post-shipment product quality efficiently captured and communicated between QC, commercial and retail teams 
  • Dashboard view of Inspection Management to ensure optimal product quality and vendor performance 

Fundamental shifts in consumer behaviour, supply networks, and routes to market have made Agri-Food companies face challenges in adapting and resolving them. As a result of the pandemic, companies must expedite the implementation of efficient solutions to navigate the unpredictability.

If you are interested to learn more about how DiMuto helps Agri-Food businesses leverage on an increased visibility to stay resilient amidst the challenges of the pandemic in the supply chain, please reach us here or drop us an email at sales@dimuto.io.

Entering into the New Era of Smarter Food Safety in 2022 – Food Traceability is an emerging need in today’s world with open global markets and is a step towards making end-consumers become more aware of the food they consume and setting up sustainable and ethical food supply chains.

Food Traceability means being able to know the origin and traces of food products along the stages of the food supply chain – production, processing, manufacturing, distribution and consumption, ensuring visibility and transparency throughout the different stages of the supply chain.

Securing visibility and transparency within the whole food supply chain, traceability for movements of fresh produce will require robust technical solutions such as blockchain technology which enhances the ability to quickly pinpoint potential sources of contamination to efficiently prevent, contain or rectify outbreaks.

Food Traceability Will Lower Implementation Costs And Become a Norm
In The AgriFood Industry

Blockchained Durians

Transparency in terms of blockchain food traceability can validate and authenticate the provenance of food and improve the brand’s credibility. Therefore the use of blockchain technology has become an essential tool to ensure efficiency and transparency for AgriFood trade transactions. Additionally, understanding food provenance is becoming more prevalent among end-consumers, making it critical for AgriFood businesses to better understand, manage and communicate product movement from farm to fork.

Food Traceability Technology will see lower implementation costs and become a norm in the AgriFood industry.
 
Read more on how how Blockchain Simplifies AgriFood Product Quality for a more efficient, sustainable and transparent food supply chain.
 

There Will Be A Strong Growth In Food Traceability Industry On A Global Scale

Between 2000 and 2016, world agricultural trade increased more than threefold in value, rising to USD 1.6 trillion in 2016. Market revenue growth is expected to be driven by rising demand for food traceability systems to identify necessary documentation and tracking for each stage of food processing. Increase in demand for important tools in the agri-food sector represents a very useful tool for analysing, monitoring and managing the flow of products.

Food Safety Concerns And Growing Eco-Consciousness Will Continue Influence Consumer Purchase Decisions

Food safety concerns have become critical in many countries, especially those with lack of standards, regulations, and stringent stipulations governing quality and safety of food and edible products.

Post COVID-19 pandemic, a sizable number of consumers developed some level of fear related to what they eat and who has been in contact with what they consume. This has been playing a major role in a number of companies deploying additional safety measures in order to support brand value, increase consumer trust, and drive revenues. This in turn has been adding a significant boost to demand across certain supply chains that have deployed the right measures and have built trust and enabled better traceability of food products.

With longer and more complex supply chains giving rise to the “Messy Middle”, tracking from farm to fork requires increased scrutiny and accountability throughout the process. 

How DiMuto Helps 

DiMuto Trade Management Solutions provide an all-in-one platform to help AgriFood companies track physical AgriFood products for each trade, down to each carton and product. Using our unique Digital Identities Labels (DIDs), companies can digitalize physical products and combine it with the relevant supply chain data on our blockchain-powered platform. Such traceability information can be shared efficiently within departments of the same organization, as well as with external stakeholders such as buyers, retailers and end consumers.  This can be done by scanning each carton to access a web-based Product Passport, for consumers, or achieved through our “Quick Info” function for trade partners. By making the sharing of verified traceability data, AgriFood companies can now better manage food safety requirements in cross-border supply chains.

If you are interested to learn more about DiMuto’s Trade Management Solutions can help you achieve Food Traceability, talk to our sales team today at sales@dimuto.io.

Cross-border Transactions Today

In 2020, the market growth for international payments reached an all-time high with forecasted revenues of $2Trillion USD, according to a recent forecast by Smarter Payments Tracker. However, research has shown that only 1% of small and medium enterprises (SMEs) use digital finance successfully, even though SMEs represent and more than 50% of employment worldwide.

Add that to the complex regulations and infrastructure of cross-border payment systems today, it is no wonder that moving money across borders is still far from an efficient and easy process.  This problem will only become more pertinent as the role of SMEs in the global economy continues to grow. Challenges faced when conducting cross-border payments include:

  • Country-specific regulations
  • Slow processing of transactions
  • Expensive costs
  • Security concerns
  • Lack of visibility

Country-specific rules have impeded international payments, and transactions routed through intermediate institutions can take days to complete and typically come with costs. Due to the numerous intermediaries involved in transferring money from one nation to another, all of which collect fees for their services, cross-border payments are notoriously expensive. Regulatory costs pile up, and FX fees for converting one currency to another will be levied. Compounding this is the lack of clarity when it comes to remittance fee structures.

Additionally, unlike near-instantaneous domestic payments, traditional cross-border bank transfers typically involve numerous exchanges of hands in one transaction and take two to five days to process, making it difficult to expect payments on time.

On top of that, high-level security breaches in cross-border payment systems are common, as evidenced by the $81 Million theft on Bangladesh’s central bank in 2016.  As each country has its own set of rules, the cross-border payment system is vulnerable to hacking whenever funds enter a country with lax security and access policies.

As each country has its own set of rules, the cross-border payment system is vulnerable to hacking whenever funds enter a country with lax security and access policies.

Another core concern of businesses making cross-border payments is the lack of visibility of payment status. according to a poll conducted by SWIFT and EuroFinance in 2017, 64 percent of businesses desire real-time payment tracking capabilities, while 47 percent want improved insight into the costs and deductions involved.

With the longstanding lack of real-time tracking of payment status, businesses often do not have certainty of transaction status. When companies need to know the current status of a payment, they are dependent on operations specialists undertaking manual research to ascertain basic information. Payment inquiries must be directed through correspondent banks, then communicated back to clients to determine any necessary actions. This lack of transparency creates a high informational cost, undermines corporate cash flow forecasts, and can strain relationships with a client’s suppliers and busines partners when funds are not received as expected.

For AgriFood companies with a significant portion of business in export-import trade, the ability to conduct and manage payment transactions across borders in an efficient, secure and visible manner is a concern. The risks of cross-border payments today are especially great for AgriFood companies dealing with a high volume of international trade transactions where one container of fresh produce can easily amount to an average cost of USD$50,000 to 150,000.

A need for trade-centric payment management in global AgriFood Trade 

In global AgriFood Trade, there’s not only a need for cross-border payment methods to have less friction but have a trade-centric perspective as well. This is because product movement is dependent on a multitude of factors and delays and changes in timelines are commonplace. Trade disputes involving quality issues are typical and can cause upwards of 5-15% of trade value.

Trade Dispute Due to Poor Product Quality of Oranges, read more.

Thus, it is particularly important for finance teams to be informed of situations affecting expected payments and cash flow.

DiMuto Unifies Products, Documents and Payments in One

DiMuto connects products, documents and payments on a single platform, giving visibility across departments and functions in a company. We digitalize physical AgriFood products by tagging each fruit or vegetable with a Digital Identity Label (DID).

DiMuto’s DIDs Tagged onto Cartons of Bananas to Provide Visibility Across All Departments, read more.

DIDs act as a digital identifier for each fruit and contain product quality and traceability data and allow companies to connect the product to digital documents and payments on DiMuto Platform.

DiMuto Payment Management

DiMuto allows payment receipts to be uploaded onto the blockchain automatically, ensuring immutability. Payment status is also viewed in the same trade timeline as other trade actions, ensuring that both sales and finance understand the trade situation. The DiMuto Payment Management feature also allows companies to conduct cross-border transactions via the DiMuto Platform.  

DiMuto Payment Powered by OPAL

A partner that we work with to make this possible is OPAL Payments, a Monetary Authority of Singapore (MAS)-licensed Major Payment Institution (MPI), which provide businesses with a less expensive and more convenient method of international payment and cross-border banking through Global Digital Business Accounts.

Through this partnership, companies on the DiMuto Platform will be able to receive payments rapidly in important markets such as the United States, the United Kingdom, the European Union, and more, as well as access local payment networks in 21 countries without the need to set up business operations in these territories. OPAL understands that SMEs encounter challenges when it comes to transacting business on a global basis. 

Beyond connecting payments in traditional currencies, the DiMuto Payment Management can allow transactions in the USD Coin (USDC), through CIRCLE, a uniform platform for businesses to collect payments and send payouts around the world using blockchain technology. Meeting the needs of high-volume trading firms, crypto exchanges, and market makers, the USD Coin (USDC) is a significant advancement in the way businesses utilize money. Digital dollars function similarly to other digital content: they travel at the speed of the internet, can be traded in the same manner that we share content, and are less expensive and more secure than current payment systems.

A Bright Future: Paving the way to trade financing access 

By digitalizing physical AgriFood assets, asset tracking is now possible – the identity, movement and condition of individual products and cartons can now be easily tracked and traced with DiMuto. Coupled with Artificial Intelligence Models  that can objectively assess product quality and trade health, DiMuto helps lower the risk associated with trade financing for agri-perishables, giving AgriFood SMEs opportunities to obtain much needed trade financing options.

The US$1.9 trillion global trade finance gap has deteriorated as a result of Covid-19, which is now projected to be as high as US$3.4 trillion by experts, with SMEs in emerging nations being the hardest hurt. Due to concerns such as creditworthiness, collateral requirements, short-term liquidity, and political or currency risk, SMEs have historically had difficulty obtaining institutional funding.

More efficient and trade-centric cross-border payment methods will not only create more visibility and help business manage their operations and cash flow better but also help to provide them with trade financing opportunities to help their businesses grow greater.  

If you are interested to learn more about how DiMuto helps Agri-Food businesses with cross-border payment management, please reach us here or drop us an email at sales@dimuto.io.