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Product traceability is becoming increasingly important for agribusinesses that have a view toward being prepared for more intensive value chain integration in the future.
It’s also becoming a must with government regulations and industry requirements calling for producers worldwide to provide comprehensive, reliable detail on the quality and origin of products. The benefits of an improved capability span key stakeholders. For the farmers themselves, traceability enables better crop quality and yield, leading to increased volumes and higher average prices. Farmers also gain end-to-end visibility into the journey of products.
For suppliers and retailers, better tracking and tracing can enable accurate and timely data about farmers and commodities, enhanced data and analytics, spoilage and waste reduction, improved supply chain risk management, increased sales, and faster speed and efficiency when responding to product recalls. Track and trace can also satisfy consumers’ hunger to know the origin and journey of the products they buy.
Accenture is able to track and trace products throughout the value chain to enable a sustainable business for our clients. Our track and trace services provide comprehensive, reliable details on the quality and origin of products and provide information that improves traceability of products. That information enables better crop quality and yield, leading to increased volumes and higher average prices, and allows farmers to gain end-to-end visibility into the journey of their products.
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