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Customers Struggle To Find New Suppliers and Items

Food, beverage, and supplement companies have unique challenges:

  • Buyers have a hard time finding the right items, which can hamper New Product Development (NPD).
  • Incomplete online directories and general search engines produce off-target results making it challenging for buyers and sellers to find each other.
  • Online searches often provide thousands of results, forcing buyers to navigate multiple web pages looking for the right item.
  • Once items are discovered, too much time and effort is spent on follow-up questions about key characteristics like organic, non-GMO, technical specs, etc.
  • Ordering samples, securing documents, and follow-up Q&A over the phone and through email is time consuming and inefficient.
  • Disconnects across Quality, Procurement, and Regulatory departments can cause more NPD delays.

Market Hub Can Fix It

TraceGains Market Hub is a robust sourcing directory for items, packaging, and service providers. Powered by TraceGains Network, manufacturers and brand owners can procure new items or ingredients, build and reformulate recipes, and automatically collect supporting quality and regulatory documentation from an ever-growing document library. With a supplier network spanning the globe, buyers can rapidly cut time-to-market by leveraging powerful search criteria.

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FASTER
TIME-TO-MARKET

Cuts time to market with access to raw materials and packaging from qualified suppliers

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CLAIMS
SUBSTANTIATION

A powerful search engine for queries by ingredient, structure, or function eases claim substantiation

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CLEAN
LABEL CREATION

Helps create the clean-label products customers now expect from brands they trust

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NEGOTIATION
POWER

Gives manufactures and brand owners more choice and the ability to negotiate terms

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INCREASED
COLLABORATION

Provides a centralized platform to share sourcing results with key stakeholders

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FORMULATE
RECIPES

Streamlines procurement with the ability to combine items to build recipes and save the searches

Key Features

ESTABLISHED
NETWORK

Immediately access over 20,000 qualified supplier locations across 95+ countries with advanced search capabilities

COMMON
INTERFACE

Buyers and suppliers use one platform for document exchange, which helps users become more productive and effective

ADVANCED
SEARCH

Advanced search functionality helps businesses obtain accurate results when sourcing raw materials and packaging

GEOGRAPHIC
MAPPING

Leverage Market Hub’s mapping capabilities to see where suppliers are, which can help reduce shipping time and costs

STANDARDIZED
FORMS

Standardized forms reduce the administrative problem of managing multiple document formats during qualification

COMPLIANCE
VISIBILITY

Pre-qualify suppliers through immediate document availability and review to speed up procurement

PRODUCT
ACCELERATOR

Combine items to build recipes and save associated searches to streamline procurement for a finished product or specification

SAMPLE
REQUESTS

After finding a supplier in Market Hub, buyers can communicate with them directly and request a sample or additional information

SMART
LIBRARY

Used to build and substantiate label claims, conduct ingredient regulatory research, and analyze ingredient and drug interactions

Combine items and start building products quickly using the Product Accelerator available in Market Hub

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“It’s a database that allows a one stop location for ingredients and items that you know will be COMPLIANT when sourced.”

MountainMan

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