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ASSOCHAM confers SLCM for best product innovation in food security

Sohan Lal Commodity Management has been conferred with ‘ASSOCHAM Awards on Nutrition & Food Security: Agriculture, Food Processing, Supply chain 2017

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Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider having operations across India and Myanmar, has been conferred with ‘ASSOCHAM Awards on Nutrition & Food Security: Agriculture, Food Processing, Supply chain 2017’ in “Best Product Innovation of the Year- Food Security” category for demonstrating their success by devising a technology “AGRI REACH” (patent pending) that can reduce post-harvest losses from the annual 10% to just 0.5% irrespective of infrastructure, crop or geographic location of the crop.

With this win, SLCM joins a league of companies that have been conferred this award. The award was presented by Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The award was presented at Conference cum Awards on Nutrition & Food Security: Agriculture, Food Processing, Supply chain held in New Delhi.

On the win, Sandeep Sabharwal, Group CEO, SLCM said, “Scientific Storage Techniques followed at SLCM have shown remarkable impact on the management and quality of goods. Typical storage losses in our country amount to approximately 10% of the stored goods; a huge loss for the entire economy, SLCM with its AGRI REACH has been able to effectively reduce these losses to 0.5% of the store value of goods.”

“I would like to thank the esteemed jury for recognising our efforts and considering us worthy of this honour”, added Mr. Sabharwal.

AGRI REACH technology comprises of 79 different internal audit processes that are conducted every month to maintain high standards of storage and Real Time MIS that is virtually connected across India with an alert facility akin to a card swipe with SAP in backend and Jelly Bean on the front-end. Moreover, in the first year of its operation, SLCM brought "Bar Coded" storage receipts in practice that eliminated the risk of fraud in terms of fake storage receipts.

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