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How Travvc Work

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How Travvc Work

The Supply chain activities are built into the Travvc Trade platform saving time and money.

The App itself can be installed on Laptops, Desktop Computers, iPads and Mobile phones via Apple App Store or Android PlayStore. The Supply chain activities are built into the Travvc Trade Platform saving time and money in efficiently delivering commodities and goods from a place of supply to a place of demand. Through Travvc Trade, relationships are forged amongst Value Chain Players without physical formal meetings or contact. The Platform does not require any business acumen, experience or expertise to break into the complex corporate world of business.

The App could be downloaded from existing platforms: Android PlayStore and Apple App Store in any country. It could also be accessed from our website. This by itself means anyone even from the remotest part of world, provided there is 3G network, can access the services of the Travvc Trade platform or download the Travvc Trade App.

The biggest role Travvc Trade plays is to pool value chain players together, digitally, through linking of Production, Storage, Blending, Packaging, Distribution, Marketing and Selling.

The physical movement and transformation of a commodity into a final consumable product involves a lot of value chain players. These are producers, warehousing and logistics firms, freight forwarders, quality inspection agencies, processors, manufacturers, packaging firms and distributors.

As we move a physical commodity from a place of production to a place of demand, we require services of the quality inspection agency, who will pass on the mantle to a freight and logistics agency / individual. The commodity will then be delivered to the processor/manufacturer who will transform the commodity and package it into a consumable product that will require distribution, transportation to the distributor, who will finally sell the product to the final consumer.

This process cannot be achieved by one value chain player alone, resources must therefore be pooled from different value chain players to reduce the cost of the value chain process itself for the benefit of the value chain players as well as the final consumer. The interdependence in the value is our biggest success factor.

The biggest role Travvc Trade plays is to pool these value chain players together, digitally, through linking of Production, Storage, Blending, Packaging, Distribution, Marketing and Selling.

One small-scale producer simply cannot achieve this alone. We believe in working together with a common business objective.

Travvc Trade digitally links Production, Storage, Blending, Packaging, Distribution, Marketing and Selling virtually via a technological platform.

Travvc Trade digitally links Production, Storage, Blending, Packaging, Distribution, Marketing and Selling virtually via a technological platform.

Commodity trading consists of buying raw materials from producers for delivery to manufacturers, processors or consumers. The process aims to buy at the lowest price from producers and to sell at the highest price to buyers through the optimisation of the logistic chain. It evolves in globalised and increasingly complex markets.

Tradable commodities fall into mostly four categories, metals, energy, livestock and agricultural. These commodities are in abundance in Africa and mostly are not transformed into finished products on the African soil, yet these commodities form an important part of millions of lives especially in remote parts of Africa. Basic economic principles of demand and supply typically drive these commodities markets, lower supply drives up demand, which equals higher prices, and vice versa. However, most producers from remote production areas in Africa especially, do not benefit from higher prices due to exploitation and other barriers within the value chain.

Travvc Trade is designed to place in motion the value chain for commodities thereby lessening stress and anxieties involved in trading. From product aggregation all through the value chain, the platform's pooled resources will move physical commodities reliably to the place of demand on behalf of our members.

Travvc Trade digitally links Production, Storage, Blending, Packaging, Distribution, Marketing and Selling virtually via a technological platform.

Travvc Trade seeks to drive the continental agricultural revolution, by increasing investment in agriculture, fostering entrepreneurship and investment in agribusinesses and agri-food value chains, improving national and regional agricultural markets, fostering Africa’s collective food security and improving the management of natural resources.

How we move commodities

Logistics companies interested in working with us are able to register via the app downloaded on to mobile phones, laptops or computers. Whenever a load becomes available, it is posted on the marketplace and any available transporter is free to bid or accept the request to deliver such a load at market rates agreed between logistics companies and Travvc to its final destination.

Payments are settled directly to transporters, digitally under our terms and conditions available on request. We usually charge a percentage of the freight cost as our fee for proving the platform.

Our transporters go through a stringent vetting process to ensure they meet our minimum expectations and requirements. One of the requirements is to own a smartphone. We request for key documentation to eliminate risk for both buyer and seller. An agreement that outlines the relationship and legal obligations that both parties have when working together is signed to complete the registration process.

Logistics is an important part of the value chain and traditionally, connecting with transporters / shipper usually requires lots of negotiations over freight charges and load orders, as well as lots of time dealing with paperwork exchanged via emails or fax machines. Travvc Trade allows negotiations to be concluded technologically via our platform with carriers assured of receiving their payments and shippers assured of their delivery getting to the final destinations.

Travvc Trade comes with easy-to-use tracking and logistics tools that allow both parties to track deliveries.

How we process export documentation

The Travvc Trade Virtual marketplace offers producers, manufacturers, logistics firms, supermarket chains and other value chain players a digital platform for advertising. As the marketplace is visible globally, it offers diversified new markets suitable to each value chain player. Audience targeting can be achieved through advert placement on the marketplace.

How we earn an income

For every sale or purchase made on our platform, we charge an agreed percentage on a case by case basis. The commission we charge is open to acceptance before a transaction takes place on our platform. We do not charge any membership fees and the app can be downloaded for free via the android Google play or Apple App store. Our desire is to achieve a win-win outcome for all our value chain players because we believe sustainable revenues can only be generated through fairness and transparency. We also charge our registered transporters commission on freight rates paid for movement of commodities within the value chain.

We see advertising offering us an alternative income stream in future as traffic for digital adverts increase on our marketplace.

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