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Craft means creating with curiosity, says agri-commodities digital platform founder Gerald Tan

With meticulous care and innovation, the CEO of supply chain solutions provider Agridence resolves the pain points he faced in the industry

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Agridence’s Gerald Tan on building his business: ‘I had to be an eternal optimist’

Agridence’s Gerald Tan on building his business: ‘I had to be an eternal optimist’

“Creating solutions to solve problems is a craft,” says Singaporean entrepreneur Gerald Tan. This ethos was what drove him to set up Agridence, a digital platform that facilitates agri-commodities procurement and trading.

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The seeds of inspiration to establish the company were sown when Tan took over his family’s business back in 2011 – a move that made him the fourth-generation owner following his father. He had envisioned using his role to make innovative and impactful changes.

At that point, he had become familiar with the challenges of dealing and trading within the agri-commodities industry. “The working process was entirely manual and tedious, and there was no way to trace and track transactions,” he says.

“I remember feeling very frustrated, and wishing there was a centralised platform to communicate with industry players, and to upload and download information easily.”

And so in 2018, he set out to create such a platform, which offers a digital solution for various stakeholders in the agri-commodities industry, namely those in cocoa, coffee, natural rubber and palm oil. Agridence works with recognised partners such as WWF-Singapore to provide tools that help users trace farm-to-factory transactions, allowing for increased transparency in the long supply chain as well as better risk assessment.
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“It was personal. I was motivated to create a platform for value transfer from downstream [in supply chains that move goods from manufacturers to end consumers] where most of the value is captured to go upstream [with raw materials going to manufacturers], while also including the millions of smallholder farmers without whom it’s impossible to get the raw materials,” Tan explains.

Ultimately, Tan and his team hope to improve the livelihood and sustainability of these farmers.

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