Businesses fail for several reasons. But one thing usually goes unnoticed – lack of visibility is the major reason. Companies cannot manage what they are unable to see. With their expansion, individuals start seeing and thinking in silos, which is why they forget to see the bigger picture. Thus, to help businesses see their operations from the minor details of goods, receipts, and payment flows to the service providers who offer support to the organization, Gary Loh established DiMuto. Pte Ltd in 2019.
DiMuto’s approach to ‘Demystifying Global Trade’ is by breaking down each trade into possessing the capability to track and trace all transactions within the trade. In each transaction, it is always about a user and a provider or a seller and a buyer. Gary Loh, Founder & CEO says, “Being able to capture, and having visual confirmation of this data, on a single platform or their existing operational platform (ERP) will then help business leaders run the organization better – with more efficiency, more sustainability, and less waste.”
Helping AgriFood Businesses Optimize their Operations
DiMuto assigns a unique QR code to each item and carton, digitizing goods from the farm level. This allows detailed tracking at all stages including harvest, order, packing, inspection, shipping, receiving, and payment, making sure that all data is captured and saved in a centralized system.
The company’s AI-powered platform aggregates large amounts of data from the entire supply chain, changing it to actionable insights. Organizations can utilize these insights for making informed decisions, optimizing their operations, and determining inefficiencies.
When asked about how DiMuto helps agrifood businesses optimize their operations, Gary Loh says, “Our Trade Management feature allows buyers and sellers to upload critical information, documents, and photos for each trade, all tracked on an immutable blockchain timeline, ensuring transparency and accountability.
He continues, “We also provide a digitization solution involving the real-time scanning of unique QR labels to create digital twins for each carton of Agri product. This is so businesses can monitor the time, location, and quality of products during the packing process, even in offline environments, ensuring that operations are uninterrupted regardless of connectivity issues. Additionally, we are also able to capture QC information both pre and post-shipping, giving customers the ability to see and track product quality across the chain, down to the carton level, in real-time.”
DiMuto also accommodates the various operations flow without affecting any ongoing processes. Rather, it builds on top of what businesses already use and consolidates into one single platform. This makes it easier for the clients to handle their processes effectively and hassle-free.
Marketplace, Trade Management, and Trade Financing
The three-pillar approach of DiMuto is crafted to address the critical pain points in the food trade across the globe by offering an integrated ecosystem that covers the whole supply chain. The first pillar of this approach is the Trade Management System (TMS), which is the platform’s backbone. It provides end-to-end traceability and visibility across the supply chain. DiMuto ensures that all stakeholders have access to real-time and accurate information.
Secondly, the marketplace connects buyers and suppliers with high-quality, traceable products. It aids suppliers in reaching new customers and markets, further expanding their business prospects. Lastly, the third pillar is trade financing. By leveraging the data captured by TMS, DiMuto offers trade financing services that assist suppliers manage their cash flow in a more effective manner. Gary says, “Our financing services are designed to provide quick access to capital based on the real-time operational data of businesses, reducing the financial strain caused by delayed payments and enhancing overall liquidity within the supply chain.”
How is DiMuto Unique in the Industry?
DiMuto is a leader in the agri-food industry since it integrates best-in-class technologies like IoT, AI, and blockchain to improve operational efficiency, traceability, and transparency across the supply chain. IoT devices such as DACKY help in automating data capturing, further streamlining the process of digitalization and minimizing manual errors.
Blockchain ensures data security and immutability. Additionally, AI-driven tools, like the Financial Health AI model and Product Quality AI system, offer accurate trade financing and real-time quality control. DiMuto was recognized for its leadership in AI and was thus selected among 25 other ventures to take part in Google Singapore’s inaugural Google for Startups Accelerator: AI First program.
Due to the company’s contribution to the industry, it is further supported by strategic partnerships with payment and fintech businesses like Aleta Planet, allowing integrated worldwide trade solutions. In fact, DiMuto’s diverse team and global presence are what make it stay ahead of market trends and set new standards in the industry.
What Do DiMuto Clients Have to Say?
Cindyanto Kristian, President Director of PT Sewu Segar Nusantara says, “We are pleased to work with DiMuto to deploy blockchain traceability to our supply chain for greater transparency that we can share with customers of Sunpride. With blockchain traceability, we are now able to efficiently and effectively trace and track each banana down to a particular farmer from a particular region as it travels through our supply chain.”
“We believe that the blockchain is the future of agri-food process. This helps us to better manage our product quality and safety for our consumers, ” adds Kristian.
Another DiMuto client, Morning Glory Farms, has been extremely satisfied with the service. Company Owner, Bevan Eatts shares, “As a grower, it is difficult to reach out to consumers directly and tell our story. With DiMuto’s marketing solution, we are now able to let people know where and how their squash is grown, as well as getting feedback from them – a platform that truly closes the loop from farm to fork.”
What does the Future Hold for DiMuto?
The company’s vision for the future of global food trade is to develop a fully sustainable, efficient, and transparent supply chain where each part of the process from the growth of grain to cooked food is traceable and digitized. DiMuto is aimed toward replacing analog, siloed systems with innovative digital solutions that offer comprehensive accountability and visibility across the whole supply chain. By leveraging state-of-the-art technologies such as the Internet of Things, artificial intelligence, and blockchain, DiMuto looks forward to a world where food trade is not just efficient but also more trustworthy, reducing waste, improving safety, and minimizing disputes.
In order to keep going with its mission of redefining the way in which goods are handled, the company plans to expand the capabilities of its platform, increase its global footprint, and integrate more advanced data analytics. Gary says, “DiMuto drives innovation through strategic partnerships with fintech, payment, and insurance companies like Aleta Planet, offering integrated digital wallets and payment solutions for global trade.”
What’s more, DiMuto is dedicated to continuously innovating and adapting to regulatory alterations, like the FDA FSMA, while offering businesses the tools to trace and enhance their ESG metrics, making sure they continue to be responsible and competitive in a continuously transforming industry.
Pull Quote: “Our financing services are designed to provide quick access to capital based on the real-time operational data of businesses, reducing the financial strain caused by delayed payments and enhancing overall liquidity within the supply chain.”
Description of the Company: DiMuto is a company offering Digital Transformation Solutions, redefining global AgriTrade with AI, Data Visibility, and Financing.
Company Name: DiMuto Pte Ltd
Founding Year: 2019
Office Locations: Singapore, Colombia, Mexico, Malaysia, Netherlands, USA
Official Website of the Company: https://dimuto.io/
Name of the Featured Leader: Gary Loh
Designation of the Leader: Founder & CEO