Cologne: 19.–22.03.2024 #AnugaFoodTec2024

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Das Lieferkettengesetz als Chance nutzen | Event on the Anuga FoodTec 2022
betterECO GmbH

Turning the Supply Chain Law into a business opportunity

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28.04.2022 | 10:35 a.m. - 10:55 a.m.
Food Processing, Digitalisation, Safety & Analytics, Science & Pioneering
Digital Innovation Stage

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betterECO GmbH
Rohrdamm 88
13629 Berlin
Deutschland
+49 30 43777855

The event

There is "just in-time" in processing, but food producers and processors have to plan their procurement a year in advance, which is not possible at all under today's short-lived circumstances (pandemic, crises, etc).  Today's B2B procurement is still analog, but the supply chain law in Germany requires today digital full traceability. More than 90% of food processors in the EU go through 4-8 intermediaries, full traceability seems impossible. In addition, the strong demand for organic raw materials (10% p.a. worldwide for 10 years!) causes a shortage and an increase in prices.  A non-transparent high price system invites fraud. But there is a way to simplify both procurement/sales for suppliers and food processors (directly without middlemen) internationally, to provide for product diversity and thus biodiversity, and to comply with supply chain law at the same time:

betterECO's digital international agricultural commodity trading platform with service market such as logistics and certification companies enables flexible sourcing. It enables multisourcing while product diversification and creates transparent resilient supply chains via traceability from the field plot using blockchain technology-based traceability. With betterECO's technology, traceability succeeds even with repackaging, enabling risk reduction in international trade through liability allocation in case of delivery damage.  The platform is compatible and integrable with existing IT ordering systems and platforms.

Turn the requirement to comply with the Supply Chain Sourcing Obligations Act into a competitive advantage and combine environmental and social standards with measurable raw material quality.  Use the supply chain law as business opportunity.