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Procurement
Many parts of the agricultural supply chain can be characterized as buyer-driven. That is, buyers in the market tend to initiate pricing, product specifications, and logistics methods. Transactions are often on a pre-arranged basis, with contracts between buyers and sellers specifying transaction and product details.
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E-Markets AgContract® information management tool is designed for buyer-driven procurement systems where:
- Traceability is critical from start to finish.
- Management of purchase contract specifications is important.
- Coordination of contract process (contract initiation, production, logistics) is complex.
- Establishment of business and IT processes for supply chain "traceability" creates value for the final product.
E-Markets has offered creative solutions to electronic contracting in buyer-driven supply chains since 1997. Over $600 million in grain, oilseeds, and other feed and food ingredients have been transacted using the AgContract information management tool. The tool offers easier management of buyer-driven procurement systems, purchase contract initiation and management, traceability of products through the supply chain and large-scale identity-preserved purchasing.
Visit our AgContract information management tool demonstration or the Dow Agrosciences interview to learn more.
®,Trademark, E-Markets, Inc.
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Services