Source Intelligence > Case Studies > Biotrust: Enhancing Risk Assessment in Organic Produce Supply Chains

Biotrust: Enhancing Risk Assessment in Organic Produce Supply Chains

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Applicable Industries
  • Consumer Goods
  • Food & Beverage
Applicable Functions
  • Quality Assurance
Use Cases
  • Fraud Detection
  • Inventory Management
Services
  • System Integration
  • Testing & Certification
About The Customer
Bionext is an organization that works with farmers, traders, retailers, and consumers to promote sustainable organic food and farming. They provide information to consumers and businesses, support the availability of organic products, and monitor and improve the quality of organic products. Bionext is committed to ensuring that the organic sector continues to evolve. They also play a crucial role in connecting people with the producers of organic food, such as organic farmers and gardeners, fostering a sense of community and trust in the organic food sector.
The Challenge
The organic food sector has been experiencing rapid growth, leading to increased pressure to meet supply demands. This growth has also heightened the need to ensure the authenticity of organic food and mitigate potential risks such as fraud in organic produce supply chains. Companies are faced with the challenge of identifying and assessing risks that could affect the quality of organic ingredients and products. They are also tasked with implementing appropriate measures to prevent these risks. Bionext, a company committed to promoting sustainable organic food and farming, needed a solution to manage these challenges, leading to the creation of Biotrust.
The Solution
Biotrust, built for Bionext, leverages ChainPoint technology to address these challenges. The technology allows for the storage of all data in a secure, central platform. This enables Bionext's members to manage and assess suppliers effectively. It also provides insight into supplier risks, allowing for proactive risk management. Furthermore, Biotrust implements a central country-wide risk and product management solution, ensuring a unified approach to risk management across the organic food supply chain. The system also allows for the sharing of anonymized product risk information among all members, promoting transparency and collective action in risk mitigation.
Operational Impact
  • The implementation of Biotrust has provided several qualitative benefits. It has helped in managing the potential risk of fraud, especially in countries with inadequate supervision. The system has also helped in mitigating the impact of fraud, which often results in high claims that are difficult to insure and extensive damage to the reputation of the affected company. Biotrust has also played a significant role in assuring the high quality of organic products, thereby strengthening trust in organic raw materials. In case of emergencies, companies with a working risk management system like Biotrust have an advantage when it comes to legal accountability. Lastly, Biotrust has enabled companies to make efficient and targeted use of the limited resources available for risk reduction.

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