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Brazil trade body ABRAPA to setup National Cotton Database
10
Sep '14
Setting up of a National Cotton Database will lead to greater transparency and quality assurance and will increase the value of Brazilian cotton and benefit stakeholders throughout the supply chain, says a statement from Generation 10 Ltd.

The Brazilian Cotton Growers Association (ABRAPA) and Generation 10 Ltd., a provider of commodity trade and risk management (CTRM) solutions and data analytics have signed a 10-year partnership beginning with deployment of a National Cotton Database.

The database will make Brazil, the second country in the world, along with the United States, to provide such levels of transparency and quality assurance to the marketplace.

The National Cotton Database is one of the three main components of the Standard Cotton HVI Program, along with the construction of a central reference laboratory and the implementation of the International Laboratory Certification program run by ICA Bremen

According to Brasilia-based ABRAPA, this first step in the joint initiative will provide real-time analytics on the production and quality of cotton bales produced in Brazil each year and will dramatically increase the transparency, traceability and quality assurance of Brazil’s supply chain.

ABRAPA represents about 1,000 cotton growers who account for 99% of Brazilian cotton production and is made up of nine state associations.

“The creation of a national cotton quality database is an important step toward achieving our goal of 100% transparency of HVI quality results for cotton produced in Brazil,” ABRAPA President - Gilson Pinesso informs.

He adds, “The ability to provide buyers with accurate and timely cotton quality data will directly increase market confidence in the fiber that our members produce, while the greater transparency and traceability will benefit every member of the value chain, from the farm to the retailer.”

Generation 10 CEO - Richard Williamson explains, “ABRAPA and Generation 10 share a common goal to bring increased transparency and innovation to Brazil’s cotton supply chain”.

“This initiative opens the door for producers to benchmark their production, measure their performance, and optimise their operations. This will, without a doubt, give Brazilian producers a competitive advantage in the marketplace”, he notes.

Generation 10 delivers innovative, high-value, flexible commodity management solutions designed to enhance operational and financial performance by optimising supply chains, improving business transparency, and managing risk better. (AR)

Fibre2fashion News Desk - India

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