Transparent Trade 

Solution

Trade smarter and faster with more transparency, efficiency, trust and profitability.

Transparent Trade (TT) Yarn - Bluechip digital asset.

Sourcery Partners can effortlessly remit and receive orders, enquiries, offers and commitments in real time, all in one place, and settle contracts more efficiently and with greater confidence and trust.

Solution

Transactions

Using the power of digital trade, Partners can effortlessly send orders, remit and receive spot and forward enquiries and offers in real time and settle contracts with confidence and trust driving more transparency, efficient and impact at scale.

Commitments

Commitments are pre-transactional frame contract agreements between multiple Partners to collaborate, nominate and transact fibre, yarn, fabric and other products with enhanced levels of transparency, integrity, traceability and verified impact from grower to consumer.

BlueTrace™ System

BlueTrace™ System introduces a global Permanent Bale Identification (PBI) tracking system that includes real-time physical and digital transactional traceability, quality assurance on fibre and yarn and fabric.

Trade Smarter. Grow Faster.

Effortlessly remit, receive and manage orders, enquires, offers and commitments and settle transactions in real-time with trusted Partners—anytime and anywhere.

Trade Anywhere—All in Once Place

Our approach ensures that everyone from grower to brand can transform trade for good.

Using Connect, Sourcery Partners can trade all fibre, yarn, fabric and select finished goods in nearly all major fibre producing and manufacturer regions around the world including South Asia, East Asia, North American, Latin America (Brazil, Peru), European Union/UK and select geographies in Africa and the Middle East. To learn more, please connect with us.

Traded Fibre and Products

Fibre

  • Inputs (seed, soil nutrients, crop protection)

  • Raw unprocessed cotton (seed cotton)

  • Cotton Lint (processed fibre/bales)

  • Processor fibre bi-products (linters, motes, comber noils, flats)

  • Pre-consumer industrial waste (yarn, thread, cuttings)

Products

  • Cotton and blended cotton yarn (min 25%) yarn (0s - 120s)

  • Cotton fabric and blended fabric (min 25)

  • Select Finished Products (t-shirts, bedding, etc.)

  • Post-consumer products as viable recycled feedstocks for renewed and recycled products.

Although we are rooted in cotton, fibre and textiles, Sourcery will soon be opening up Connect Platform to include wool, viscose, flax linen, synthetics and next-gen fibres and related textiles and products. Whats more is that as we grow, we have plans underday to build similar Connect Platform environments for other agri- and select hard commodities in the near future as our Partners trade a lot more than just fibre and textiles. Learn more here.

Shifting the trade

paradigm

Sourcery aims to shift the trade paradigm by transforming how commercial actors engage, communicate, and trade with each other ensuring each transaction is more transparent, efficient, secure and builds mutual trust from grower to consumer—transforming trade for good.

Transactions

Through the Connect Platform, direct engagement, communication and intelligent negotiation helps to accelerate deal flow and streamline the transaction process enabling our Partners to trade smarter, grow faster and accelerate impact at scale.

Effortlessly send orders, directly remit and receive and manage all enquiries and offers and settle contracts in real-time—all in one place.

  • Brand Partner and select Manufacturer Partners (Assembly/CMT) can send ‘Orders’ on finished product and fabric to ensure upstream Partners are prepared to provide transparency, traceability and verified impact on fibre, yarn and fabric from grower to finished product.

    Order integrates with most ERP, PLM system using Sourcery Dynamic QR Code solution that makes it easy to remit and confirm purchase orders.

    Lear more about Sourcery “API first” approach to integration. Click here .

  • Manufacturer and Trade Partners can effortlessly remit, receive and manage all of your spot and forward enquires for fibre, yarn and fabric in one place engaging and trading with more sellers with transparency, efficiency, security and trust with every transaction.

  • Grower, Manufacturer and Trade Partners can effortlessly remit, receive and manage all of your spot and forward offers for fibre, yarn and fabric in one place engaging and trading with more buyers with transparency, efficiency, security and trust with every transaction.

  • Direct Trade enables Sourcery Growers, Aggregator and Processor Partners to record all transactions on raw materials at the farm gate, market or processor facility ensuring traceability down the the farm level.

    Available only to Grower Partners who have adopted the Impact and Assurance Grower Essentials (GE 1-2) Protocol.

    Learn more here.

  • Coming soon.

    Vertical enterprises can ‘Transfer” goods between two (2) or more owned, operated or contracted facilities that are registered as a Verified Place in Connect. Transfer does not require a direct commercial transaction to take place, but does require proper transfer documents such as shipping records, inventory logs and balance sheet reconciliation verification.

Commitments

Looking to build new or strengthen existing supply networks to ensure more transparency, traceability, price certainty and verified impact on fibre, yarn, fabric and finished goods.

Commitments are pre-transactional frame contracts (forward contracts) facilitated by Sourcery and Connect Platform on behalf of multiple Partners (three or more) to collaborate and nominate manufacturers and growers to build a reliable and trusted trading network of long-term Partners around a specific type, quantity, quality and price of fibre, yarn and fabric.

Commitments can be initiated by a Brand or select Manufacturer Partner at any level of the value chain serving as the ‘Nominating Partner(s), selecting which fabric, yarn or fibre is suitable for the products they are producing.

The Commitment process follows a three step approach that includes Planning, Engagement and making a Commitment. Throughout this process, Sourcery’s team of engagement and trade professionals support our Partners to set goals, select products, engage vendors and define clear commercial (quality, pricing, timelines and delivery) and impact outcomes together—ensuring transparency, fairness and trust with every Transaction (see above) from grower to consumer.

  • A Vertical Commitment includes multi-tier (Tier 1-4) frame contracts agreement(s) between a ‘Nominating Partner’ (usually a Brand or Tier 1 or 2 Manufacturer), a Grower Partner (and/or) and one or more Manufacturer Partners or Trade Partners outlining commercial, transparency and impact requirements that is driven by contractual purchase intent on fibre, yarn (and fabric) and finished goods.

  • A Horizontal Commitment includes single tier (Tier 2 or Tier 3) frame contracts agreement(s) between two (2) or more Manufacturer Partners who choose to purchase fibre, yarn or fabric together.

    Horizontal Commitments define commercial, impact and traceability requirements that ensure future purchase intent.

    Horizontal Commitments can be formed within any Vertical Commitment Agreement structure where two (2) or more Manufacturers (e.g. yarn suppliers) exist within the same tier.

Transparency Starts with Trust.

Trust is everything in commodity trade.

Too many organisations believe you can simply build a technology solution and a database, sell it or mandate its use and expect to get transparency, traceability and impact outcomes that are authentic, meaningful and measurable.

Transparency is not a technology challenge, it is a human challenge rooted in communication and trust.

In an industry where your knowledge, relationships and trade channels are your business, we built a solution you can trust that ensures that transparency and traceability actually benefits our Partners and is not a threat to their margins, reputation and business interests.

As a member-owned sourcing and digital trade platform, we work alongside our Partners work before, during and after they trade suspporte by people, policies and tool (technology) that enable trust and transparency at scale.

Transparent, Secure and Equitable Trade

At Sourcery, we believe that your data is your business and therefore we built Connect to ensure that all transactional and chain-of-custody data is owned by you and remains in your full control at all times, ensuring privacy, data security and future data equity that protects and benefits your trading interests and your business.

Using Connect, Partners can reduce or eliminate the need for onerous, costly and inefficient data administration, unreliable multi-platform and third-party data integrations that can expose your personal, commercial and transaction information to major material risks and unauthorised persons—exposing your commercial interests that threaten your profits and reputation.

All Partner transactional data is stored in each users Personal Data Vault (PDV) and is only accessible by you and to those whom you trade with directly using biometric verification found on Connect.

Further, Partners can choose to licensed the data to select third-parties using Bluechip digital assets that are sold on the forthcoming Bluechip Exchange data marketplace can unlocking new revenue, value and profitability for your business—your data is your business.

Real-Time Traceability

The Sourcery Connect is the only system that enables real-time traceability while you transact.

Real World Traceability

Most traceability technology solutions were designed and built using an inaccurate mental model of a supply chain—imagining them as linear, singular chains formed based on a sequential set of static and loyal relationships, repeated interactions and uniformity of materials. In fact, supply chains are not ‘chains’ at all, but are complex webs of supply networks (illustrated above) shaped by a multitude of intermittent relationships and transactional interactions that are formed and dissolved in an instant on the basis of price, quality and speed.

As a result, traceability today does not work as these solutions merely provide an ‘snap shot’ in time that require heavy post-transaction data entry, burdensome administration that fail to accurately capture what is really happening in the real world of trade as it happens, when it happens from grower to consumer.

Sourcery along with our Partners, designed and built Connect for real-time traceability in the real world.

Transparent Trade Modules

Beyond Blockchain

Your data is your business.

Finally, a technology solution that truly understands the unique needs and interests of the commodity trade sector—ensuring that your transactional information is private, secure and protected—at Sourcery, your data is your business.

BlueTrace™ System

Partners who to go deeper than digital chain-of-custody and want batch and physical product level traceability can choose the BlueTrace™ System, a universal Permanent Bale Identification (PBI) system giving Partners deeper insights into the origin, quality, composition, and integrity verification of fibre, yarn and fabric.

Platform app, simply scan any bale, cone of yarn or roll of fabric that has the BlueTrace™ System tag and immediately see the origin, quality and integrity while you are packing, devanning, managing inventory, preparing for laydown, loading a creel or preparing for cutting.

BlueTrace System can work alongside any existing PBI system, ERP, PLM or integrated with any third-party traceability solution provider.

*BlueTrace System is currently underdevelopment and is available as a additional add-on within the Connect Platform for participating processors (gins). Additional fees may apply.

Trust Line

As commercially neutral trade facilitators, the Sourcery Engagement team works closely with our Partners through the Trust Line to ensure transparent, efficiency, safe and honest trade for every transaction.

  1. Partners can register trade disputes and payment defaults with Trust Line, which will be followed by a post-transaction facilitation process and possible binding arbitration between buyer and seller transacting on the Connect. Requires Sourcery Partner membership. Above pictured Trust Line screens are currently under development, however, Partner can report an issue today by following the link below.

Direct-to-Grower™ Certified

Partners who have demonstrated continued commitment to transforming trade for good by having full transparency and impact from grower to consumer can be further recognized and rewarded through the Direct-to-Grower™ Blue, Silver and Gold Certification.*

*Direct-to-Grower Certification is a trade, transparency and process standard that measures positive commercial and operational performance by adopting better business and trade practices. It is not a product, composition, social compliance or sustainability standard. Certification requires meeting minimum volume requirements in Sourcery and purchasing fibre, yarn, fabric and finished goods with Transparent Trade (TT) or Grower Essentials (GE 1) Bluechips.

Ready to join us and shift the trade paradigm for good?

True collaboration, commitment and investment will lead to market transformation.

You are invited to join us in our mission to transform trade for good and help drive more transparency, efficiency and trust in trade from grower to consumer.