PROVE IT OR ELSE! A ComTechAdvisory Whitepaper
solution for the purpose of traceability, it must also be relatively easy to set up different commodities / products and specify the particular physical attributes that influence pricing and settlement.
Increasingly, users are demanding that the CM / CTRM solution aids them in supply chain optimization, which includes traceability. The ability to identify slower, less reliable or more costly transporters, for example, is one area where optimizations can be made. Additionally, all three approaches described above to traceability, must be supported.
Generation 10( Gen10)
Gen10 is a company that has had traceability and supply chain optimization firmly in mind since its inception in 2000. It provides a number of solutions on its cloud-based Commodity Manager platform, from specific stand-alone products like its G10 Supply Chain Map to its comprehensive CTRM suite.
For example, G10 Commodity Manager can be used to track biomass from forest to generation through the entire supply chain and any certificates generated or traded along the way. This allows the generator to prove the power it is generating is green as well as to calculate and claim any subsidies it is entitled to. In the area of cocoa, it easily tracks cocoa through a complex supply chain, allowing tracing of beans back to their source. The same with palm oil and rubber.
Green Power Traceability
The underlying architecture caters for extensible data collection, fluid business processes and workflows. The traceability module handles bulk, lots, units and all the splitting, merging, blending, reweighing, reclassifying, certifying and revaluing that happens in the real world. It’ s inherently flexible- multi-unit of measure / conversion solution that allows new commodities / products to be defined to the system without enhancement or modification. Similarly, for each commodity, the important physical attributes can be added, utilized and valued in the solution without coding. It was one of the first solutions available commercially to be able to track coffee and cotton at the individual package level, for example.
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