Innovative use of technology enables real-time contracting.
Optimum Quality Grains, L.L.C. has brought the information age and the age of biotechnology together to facilitate production and delivery of added-value corn and soybeans.
The Optimum Sales Connection and Resource (OSCAR (Open System for CommunicAtion in Realtime) AOL's internal project name for AOL Instant Messenger (AIM). The core functions of OSCAR, known as the Basic OSCAR Services (BOS), include Login/Logoff, Locate (find out about other AIM users), Instant Message [TM]) program is a sophisticated marketing logistics system accessible through the Optimum Quality Grains web site - www.dupont.com/ag/qualitygrains. OSCAR enables inland elevators, terminal elevators Terminal Elevator
An agricultural elevator that is considered to be the largest accumulator of the actual.
Generally, terminal elevators are located at points where the movement of agricultural products to processing plants is convenient. and exporters to instantaneously enter the names and acreage of producers who have contracted to grow Optimum[R] High Oil Corn, Optimum[R] High Oleic o·le·ic
1. Of, relating to, or derived from oil.
2. Of or relating to oleic acid. Soybeans or any of the other added-value grains and oilseeds products from Optimum.
"OSCAR gives us an interactive place for elevators and seed companies to find out who is contracting to grow added-value grains, how much they will grow and when it will be delivered. Growers can also search OSCAR to find elevators near them that offer premiums for growing OPTIMUM corn and soybeans, as well as other farmers in their area who are participating in contacting programs," says Tom Adler, supply chain director for Optimum Quality Grains.
"OSCAR also provides seed companies with the most accurate information available on how much seed they have sold and to whom they have sold it. There's no way we could have run a program of this scale on paper. It's real-time information."
Companies involved in Optimum's contracting system use OSCAR to initiate, finalize and manage crop production contracts and to get the latest information on contracting opportunities. The system, which has been up and running since September 2, 1997, has allowed individuals from more than 300 companies involved in Optimum's contracting programs to work together more effectively, noted Frank DeGennaro, vice president and director of operations for Optimum.
"Optimum's ability to deliver crops with added-value traits through biotechnology will be greatly strengthened through effective use of information technology," said DeGennaro.
Cooperating with Continental Grain Company and Consolidated Grain and Barge, Optimum establishes production contracts with farmers to grow and deliver OPTIMUM High Oil Corn to specific export delivery locations across the Midwest. Continental Grain Company and Consolidated Grain and Barge then deliver the grain to export destinations in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Mexico, the Middle East and Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. . Larry Anderson
"We believe the demand for high oil corn will continue to increase as buyers realize the added-value of the product. More producers will then grow high oil corn to realize the premiums available," Anderson said.
Since OSCAR went on line in September, the system has tracked contracts for more than 350,000 acres of OPTIMUM High Oil Corn.
"OSCAR is Oscar I, 1799–1859, king of Sweden and Norway (1844–59), son and successor of Charles XIV. His reign was one of social and economic advance. His book on the reform of criminal law and prisons had wide influence. Oscar was succeeded by his elder son, Charles XV. proving to be an invaluable tool to ensure our ability to meet customer demand for added-value grain," Adler says.
Headquartered in West Des Moines, Iowa West Des Moines is a city in Polk, Dallas, and Warren counties in the U.S. state of Iowa. As of the 2000 census, the city population was 46,403; a special census taken in the spring of 2005 counted 51,744 residents. , Optimum Quality Grains, L.L.C. is a joint venture company formed through an alliance between DuPont and Pioneer Hi-Bred Pioneer Hi-Bred is one of the largest U.S. companies which produces hybrid seeds for agriculture. History
In 1926, farm journal editor and future U.S. Vice President Henry A. Wallace, along with a group of Des Moines, Iowa businessmen, started the "Hi-Bred Corn Company". International, Inc. to provide value-enhanced ingredients derived from unique grains and oilseeds to meet specific end-user customer needs for feed, food and industrial uses.