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Description

GST, or Goods and Services Tax, is an indirect tax designed to create a unified market across India. This tax is applied to the supply of goods and services from the point of manufacture all the way to the end consumer. Ultimately, the consumer only pays the GST charged by the final seller in the supply chain, benefiting from setoff at each prior stage. This taxation system aims to eliminate various overlapping taxes like excise, CST, VAT, and service tax that are currently imposed at different stages of the product lifecycle. As products progress through multiple transfers from production to the final sale, GST will be applicable at each point, establishing it as a multi-stage tax. Additionally, ERP (Enterprise Resource Planning) software plays a crucial role in providing structured management solutions for the diverse resources within an organization. By integrating these systems, businesses can streamline their operations and enhance efficiency in managing obligations under the GST regime.

Description

IBM Food Trust is a cooperative network that brings together various stakeholders such as growers, processors, wholesalers, distributors, manufacturers, retailers, and others to improve transparency and accountability throughout the food supply chain. Utilizing IBM Blockchain technology, this innovative platform establishes connections among participants via a secure, immutable, and shared record that details food provenance, transactions, and processing information. By facilitating product tracing throughout the entire supply chain, it allows for the secure exchange of documentation with business partners and fosters consumer confidence in brands. Additionally, it provides the capability to monitor both wasted and rescued food, effectively reducing waste hotspots through the utilization of critical data elements. This system also prioritizes safety and regulatory compliance, helping to prevent product recalls and enhance the efficiency of the food network by eliminating supply chain bottlenecks. By increasing awareness of sustainability practices and opportunities at every stage of the food manufacturing process, it contributes to a more responsible and environmentally friendly industry. Ultimately, IBM Food Trust aids in building a more resilient food ecosystem that benefits all participants involved.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Gmail
Microsoft Word
Yahoo Search
iFoodDS

Integrations

Gmail
Microsoft Word
Yahoo Search
iFoodDS

Pricing Details

$94.42 one-time payment
Free Trial
Free Version

Pricing Details

$2000 per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Digit24 GST

Founded

2015

Country

India

Website

www.digit24.in/gst/

Vendor Details

Company Name

IBM

Founded

1911

Country

United States

Website

www.ibm.com/products/supply-chain-intelligence-suite/food-trust

Product Features

GST

GST Accounting
GST Billing & Invoicing
GST Compliance
GST Inventory Management
GST Reporting
GST Tax Credits
GST Tax Filing

Product Features

Food Traceability

CRM
Order Management
Product Lifecycle Management
Production Management
Quality Control
Recall Management
Recipe Management
Traceability
Traceback & Traceforward

Alternatives

Alternatives

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