Transforming Trade for Good, Together
Sourcery Partners are committed to transforming trade for good by adopting the Direct-to-Grower™ Solution.
As a member-owned sourcing solution and digital trade platform we are inclusive, impartial and focus on delivering commercial and environmental impact at scale.
How we transform the future of trade.
Our approach to transforming trade for good includes engaging, collaborating, and building trust across the supply chain from grower to consumer. These are the building blocks of market transformation which are also prerequisites for transparency, efficiency and impact.
Partner Principles
Transparency, trust and efficiency define the Direct-to-Grower™ approach to trade — inclusivity, impact and equity are foundational to ensuring the transformation of trade for good.
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Sourcery is inclusive of all who are committed to the transformation of trade for good. This includes growers, (manufacturer, traders regardless of their chosen or assigned agronomy, certification, or license. All identity preferred and conventional fibre, yarn and fabric is available through Sourcery from most major cotton growing and textile production regions.
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Trust in trade is everything.
Sourcery Partners aim to build mutual and lasting trust between among each other by building and upholding a transparent, safe and rewarding trading environment that benefits everyone from grower to consumer.
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Sourcery Partners are committed to transparency in trade by building a modern digital trading ecosystem where transparency becomes a competitive advantage and profit center rather than a threat to margin or reputation risk.
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Sourcery Partners aim collectively identify and actively mitigate unnecessary transactional complexity, costs and administration that exists within traditional trade networks that impede transparency, deal flow, growth and profitability.
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Partners are committed relying only on the collection and verification of empirical and scientific primary impact and traceability data that creates more meaningful, measurable and equitable social, environmental and economic value among those truly committed to commercial, social and environmental excellence.
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All Partners are recognized and rewarded individually for their commitment to commercial, social and environmental excellence in trade and collectively, as shareholders, in the transformation of trade for good.
Own the future of Trade, Together
Sourcery Partners recognise that the future of trade requires them to fund, own and proactively lead the transformation, together. During the first five (5) years of membership, all Commercial Partners (brands, manufacturers, traders and growers) members can earn or purchase stock equity in Sourcery by demonstrating their commitment to transforming trade for good.
Sourcery Partners can earn up to 80% of all outstanding stock in Sourcery through the Sourcery Stock Option Subscription programme and by making direct equity investments. 2. The stock option progamme includes a five (5) year vesting period whereby the volume traded through Sourcery earn equity credits that are then converted into shares that hold a value of up to $250,000 USD. Learn more here,
Partners
Grower Partner
Commercial and environmental excellence starts on the farm—where fibre supply, quality, integrity and impact begin.
Yet, most growers are not recognised and rewarded for their commercial and environmental excellence. They remain under-resourced, marginalized and obscured within traditional commodity trade markets.
There is a better way—Direct-to-Grower.™
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Individual grower(s) organised under a single owned and operated legal entity sowing, growing, and harvesting and selling raw materials (seed or lint cotton) and cotton to aggregators, gins, merchants.
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Co-ops, farm groups, producer organisations, etc. that include two (2) or more growers organized under one or more legal entities, internal control management systems, etc. May or may not own/operate a processing facility.
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Purchases and/or processes raw cotton (e.g. seed cotton) into processed lint cotton and other by-products. May sell lint cotton to mills, merchants and traders.
Manufacturer Partner
Manufacturers are the bridge that link fibre (agriculture) and textile chains together. As the engineers and intelligence behind yarn, fabric and finished goods manufacturing— each plays a unique and critical role in the transformation of trade for good.
Yet, most manufacturers are not recognised and rewarded for their commercial and environmental excellence and remain undervalued and undifferentiated in traditional fibre and yarn commodity markets.
There is a better way—Direct-to-Grower.™
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Organisations that purchase fibre (and yarn) and manufacture yarn in their owned and operated facilities and sell (or transfer, if vertical) it to other manufacturer or traders.
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Organsiations that purchase yarn (and fabric) and manufacture fabric in their owned and operated facilities and sell (or transfer, if vertical) it to other manufacturers or traders.
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Assembly/CMT (or RMG) organisations purchase fabric and manufacturer finished goods in their owned and operated facilities and sell finished goods brands and importers.
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Organisations that offer added-value dyeing, confection, and printing services explicitly to other Sourcery Manufacturer Partners or Trade Partners and are not involved in the direct purchasing and sale of physical fibre, yarn, fabric or finished goods.
Brand Partner
Brands and retailers are the face of textiles and fashion industry, creating the products and consumer experiences that define our industry—demonstrating to the world that good design, quality, integrity, and impact do matter.
Yet, most brands and retailers have limited upstream visibility and insight into the provenance, commercial trade and environmental and social impact of fibre, yarn, and fabric to confidently stand behind the stories they tell through the products they sell.
There is a better way—Direct-to-Grower.
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Brand or retailers (or retail groups) that purchase finished goods from Manufacturer Partners and sell finished goods directly to consumers, wholesalers, distributors or other retailers.
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Importers purchase finished goods from Manufacturer Partners and sell finished goods directly to wholesalers/distributors or retailers under their own brand or licensed brand.
Trade Partner
Trade Partners serve as the bridge that links the value chain together—providing critical knowledge, finance, storage and logistics and market services that mitigate risk and move fibre, yarn and fabric around the world.
Despite this critically important role, most Trade Partners are not recognised and rewarded for their commitment to commercial and environmental excellence.
There is a better way—Direct-to-Grower.™
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Individuals or organizations that aggregate and/or purchase raw seed cotton and produce from individual, grower or co-ops/grower groups and sell to transfer to Grower Partners processors.
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Organisations who forward or spot purchase/contract lint cotton from growers, gins, co-operatives and sell derivatives/securities to third-parties investors and or sell fibre to Spinning Mills.
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Organisations that purchase and/or sell yarn and fabric and sell (margin basis or via commission) to other manufacturer, traders and agents.
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Organisations who develop, purchase specialty fabric, convert and resell to manufacturers and brands.
Generally do not own or operate a textile production facility.
Impact Partner
Transparent, fair, efficient and impactful trade requires intervention, expertise, understanding, trust and investment at scale.
Impact Partners play a critical role in supporting our Commercial Partners in their transformation of trade good.
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Organizations that develop measurement and evaluation (M&E) frameworks and reporting systems.
•Multi-stakeholder organizations
•Standards and Certifications
•Trade organizations
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Organisations and individuals qualified to receive farm, transport and facility data to interpret, analyse, score, and make value judgments and reports on behalf of Sourcery Partners.
•Environmental impact firms
•Social and labor impact firms
•Carbon accounting firms
•Government and NGOs
•Verification agencies (select)
•Financial Institutions & more
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Independent extension services, training and input suppliers supporting Grower Partners to advance commercial, social and environmental excellence.
•University extension teams
•Government extension teams
•Civil society and NGOs
•Private service providers
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Financial institutions providing structured finance, working capital and invoice financing (factoring) to Sourcery Partners to accelerate the transformation of trade for good.
•Banks
•Private capital
•Family offices/foundations
•Government
Assurance Partner
Essential to the transformation of trade for good, Sourcery Partners require visibility and trust across all seed, fibre, yarn and fabric transactions—ensuring quality, integrity, authenticity and impact.
Assurance Partners provide independent third-party data collection, data verification, sample collection and laboratory testing services to Sourcery and its Commercial Partners under the Impact and Assurance Programmes including Sourcery’s Blue Bale™ ID system.
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Organisations of three or more employees (contracted) that provide third-party data and sample collection and verification services.
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Organisations of three or fewer employees (contracted) that provide third-party data and sample collection and verification services.
See HAP for more information.
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Organisations of three or more employees (contracted) that provide third-party nutrient, quality, forensic and services for screening for presence of genetic modified organisms or other genetic markers, seed, soil, standing crop, fibre, yarn and fabric testing services.
Are you ready to Transform Trade for Good?
True collaboration, commitment and investment will lead to market transformation. Join us in our mission to transform trade for good and help drive meaningful and measurable commercial and environmental value that has a profound and positive impact from growers to consumers.
Apply to become a Provisional Grower, Manufacturer, Trade or Brand Partner today to demonstrate your commitment to commercial, social and environmental excellence.
