Grant: Applied Research and Development Grants - Level 1
Durham College
$24,989.00
Development of a Buyer and Supplier Platform
EF 2016-17
Résumé
The food manufactures continuously struggle to manage an inventory of surplus and time sensitive product as the existing system does not effectively align the small and medium sized buyers and sellers to efficient distribution channels. This incurs increased transaction costs for the manufacturers due to more time spent on procurement and sourcing. The worst outcome is that the product is produced in vain and goes to waste, resulting in significant environmental impacts on land, water, and unnecessary CO2 emissions. Consequently, avoidable and significant food waste is impacting the environment at multiple points along the value chain. About 222 million tonnes of food is wasted per year at the consumer level in developed countries. BBH Ventures Ltd. is developing Shelflifefood (SLF) -a real time B2B web portal designed to instantly connect commercial buyers to commercial producers of time sensitive surplus perishables. SLF will provide a centralized market place allowing both large and small companies to participate in an environment that they would have otherwise not had access to and that offers value, speed, flexibility and anonymity. The company is currently working to developa partnering relationship with OntarioFresh (Government of Ontario Agency) that will include support in securing access to a 2,000+ membership base. The support letters from few support organizations have been attached with this application.The expected impact on company's operations and competiveness will be exponential. Firstly, SLF will be able to showcase a viable solution to the current problem within the value chain and offer customers efficiencies and value in the area of procurement, sales and most importantly logistics. By advancing to BETA testing with a viable working platform, BBH Ventures Ltd will be able to capitalize on the first mover advantage and gain a solid customer base that can instantly benefit from the purchasing, selling and delivery advantage the platform has to offer.
Programme
Applied Research and Development Grants - Level 1
Bénéficiaire
Emplacement
Ontario, Canada
Type de bénéficiaire
Academia
Type
Grant
Source
NSERC's Awards Data
Tel que publié
Application id
492838-2015
Name nom
Tyagi, Vibha
Department département
Head Office
Organization id
2465
Institution établissement
Durham College
Province en
Ontario
Province fr
Ontario
Country en
CANADA
Country fr
CANADA
Fiscal year exercice financier
2016
Competition year année de concours
2015
Award amount
24989
Program id
CARD1
Program name en
Applied Research and Development Grants - Level 1
Program name fr
Subventions de recherche et développement appliquée - niveau 1
Group en
Research partnerships programs
Group fr
Programmes de partenariat
Committee code
1561
Committee name en
Applied Research and Development Grants
Committee name fr
Subventions de recherche et développement appliquée
Area of application code
800
Area of application group en
Information and communication services
Area of application group fr
Services d'information et de télécommunications
Area of application en
Information and communication services
Area of application fr
Services d'information et de télécommunications
Research subject code
2700
Research subject group en
Information technology
Research subject group fr
Technologie de l'information
Research subject en
Information technology
Research subject fr
Technologie de l'information
Partie
1
Nb partie
1
Application title
Development of a Buyer and Supplier Platform
Keyword
NSERC
Application summary
The food manufactures continuously struggle to manage an inventory of surplus and time sensitive product as the existing system does not effectively align the small and medium sized buyers and sellers to efficient distribution channels. This incurs increased transaction costs for the manufacturers due to more time spent on procurement and sourcing. The worst outcome is that the product is produced in vain and goes to waste, resulting in significant environmental impacts on land, water, and unnecessary CO2 emissions. Consequently, avoidable and significant food waste is impacting the environment at multiple points along the value chain. About 222 million tonnes of food is wasted per year at the consumer level in developed countries. BBH Ventures Ltd. is developing Shelflifefood (SLF) -a real time B2B web portal designed to instantly connect commercial buyers to commercial producers of time sensitive surplus perishables. SLF will provide a centralized market place allowing both large and small companies to participate in an environment that they would have otherwise not had access to and that offers value, speed, flexibility and anonymity. The company is currently working to developa partnering relationship with OntarioFresh (Government of Ontario Agency) that will include support in securing access to a 2,000+ membership base. The support letters from few support organizations have been attached with this application.The expected impact on company's operations and competiveness will be exponential. Firstly, SLF will be able to showcase a viable solution to the current problem within the value chain and offer customers efficiencies and value in the area of procurement, sales and most importantly logistics. By advancing to BETA testing with a viable working platform, BBH Ventures Ltd will be able to capitalize on the first mover advantage and gain a solid customer base that can instantly benefit from the purchasing, selling and delivery advantage the platform has to offer.
