Support for your traceability success

| Funding opportunities | Business planning information | Information sharing |

Funding opportunities

Growing Forward 2

Business planning information

Looking for more information on business planning, capital investment and market access?

  • For farm businesses: resources and tools to help farm businesses grow their profits and expand their markets.
  • For food processing: starting and growing a food processing business, as well as advice on accessing new markets.

Other useful tipsheets:

Information sharing

Information sharing is the process of sharing relevant business or production information with partners in your supply chain to achieve a common goal or to gain mutual business benefits. Typical supply chains will share only information that is necessary for normal business transactions, such as contact information and invoice costs.

However, in a value chain, where multiple businesses collaborate strategically to achieve a collective competitive advantage in the market place, information sharing is critical to help gain financial and operational efficiencies that may increase profit margins for each partner.

Examples of using your traceability system as part of your information sharing network include connected inventory management systems for scheduling and logistics, sharing product and process improvements, as well as sales or research data that will help your business to add value to your product and ultimately improve your bottom line.

Learn more about the benefits of information sharing in a value chain using traceability systems:

Return on Investment Tools

See our Farm Business Decision Calculators page for a full list of decision-making tools.

For more information:
Toll Free: 1 877 424-1300

Author: Food Safety and Traceability Programs Branch
Creation Date: February 1, 2013
Last Reviewed: April 30, 2013