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Oryza Corporation is an Internet based e-market system focused on automating the vertical supply chain for the global rice industry. We are creating rice market liquidity by matching existing supply with existing demand requirements in real time. We provide a single, integrated, web-based platform enabling efficient commerce activities, information exchange, and collaboration.
Oryza provides services to facilitate trade including credit verification, cross border financial settlements, trade financing, freight and logistics, documentation, inventory management, payment guarantee, inspection, insurance and shipment tracking. Some of the services we provide are available to all industry participants at no charge, such as the news and catalog services. The auction and exchange components, however, are available only to the members. The exchange will establish a true spot market for rice by facilitating real-time bid/ask transactions between market participants locally and globally. Once joined, members will select trading partners form the member list. All trading is completely anonymous.
Oryza has an alliance of key industry participants from the leading rice markets worldwide. A board of advisors comprised of key industry leaders was formed. These key industry members make up the committee who are responsible for writing the rules for the exchange and contracts.
The Internet is rapidly shrinking the time and space in which business takes place. As a result of stronger competition, organizations are facing tougher customer expectations, pricing and time pressures. The winners in this hyper-competitive environment will be those companies that can effectively use the Internet to redesign their companies and provide faster sales response to their customers. Oryza provides these avenues through our e-market system of vertical and horizontal portals. We are creating the rice market liquidity that will carry new business through the twenty-first century.
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