e Choupal Group 2 (a)
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Transcript of e Choupal Group 2 (a)
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NAME REG.NO.
Tanmay Gangwar 091202064
Abhilash G 091202084
Shanawaz Thota 091202115
Pratham Hegde 091202073
.Anamika P Kanoi 091202047
GROUPROUP2
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- .In the year 2000 e choupal was introduced
It was an initiative taken by the ITC group
It eliminated the middlemen and gave justice.to farmers for their produce
It used digital technology to spread
knowledge among the farmers
IntroductionIntroduction
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Choupal is an initiative of(ITC Limited a large multi
)business conglomerate in Indiato link directly with rural
farmers for procurement ofagricultural produce like
, , .soybeans wheat coffee
eChoupal was conceived to tackle thechallenges posed by the unique features
,of Indian agriculture characterized by,fragmented farms weak infrastructure and
the involvement of numerousintermediaries
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-e choupal was born in 2000 with determination to,capture more of the soybean crop which it turns
into oil to sell in India and into animal feed to.export
,ITC then had to buy from the traders or marketswith little quality control and high transaction.costs
-The idea of the e choupals allowed the company to.buy more directly from farmers
-e choupals allow farmers to check prices the night
,before and then decide whether they want to sell.directly to the company the next day
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. .Q 1 Discuss the business benefits of e-choupalinitiative
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Increase in turnover because of the.Sanchalak`s activities
(Increase in the quality of the produce soya
)bean as a result of various amenities.provided by ITC
It paved way for the to sell various other,sundries such as gas lanterns soya bean oil
etc
Business benefitsBusiness benefits
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Low cost incurred in logistics management as a
result of involvement of sanchalaks and
.samyojaks
.Leverages public image and corporate citizenship
Competitive pricing due to full control over the.produce
Direct buying reduced the chance of the produce.being adulterated with impurities
It helped in gaining information from the direct
( )source experience of the farmers which was anadded advantage for the company
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. .Q 2 What are the changes that are brought in thesupply chain through e-choupal?
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Elimination of middlemen
Web technology brought price discovery to thevillage level
Farmers could schedule their buying and
selling
Introduction of selling outside the mandi
Changes in the supply chainChanges in the supply chain
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One stop shop:selling the goods at ITC processing facility.
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Adoption of ITC hubs
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Role of sanchalak: Control samples for quality comparison.
Best material price for best quality beans
Role of samyojaks :The commission agents (CA) are entitled with the
new name as samyojak.They comprised major responsibilities like
i) Setting up the e choupals. ii) Facilitating ITCs purchasing transactions
iii) Helping with ITCs selling transaction.
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. . -3 Identify the Key Components of ITC. -3 Identify the Key Components of ITC eehoupal implementation that lead to itshoupal implementation that lead to itssuccessuccess
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Weather Page
e choupal weather page communicates accurate.information of a regional weather By this farmer
.gets a localized forecast
This knowledge made a lot of difference in timingof various farm operation such as applications of
& .herbicides fertilizers
It also provide information of proper time of.harvesting
e choupal gets its localized weather forecast form.Meteorological Department
ey Componentsey Components
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BEST PRACTICE PAGE
This page provides information about what other
&farmer with similar land crop volume is doing orwhat kind of method they are using for their.cultivation in other part of the country
This knowledge help farmers to understand the gap
& .between their method other farmer s method .It also helps farmer to prepare soil before sowing It
.also tells how to space the seeds
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MARKET INFORMATION
This page provide link to
World demand World production Mandi trading volume
Mandi price list
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&Q A Forum
Here panel of experts answers various different
.questions of farmers on different issue
The question from all of currently operating echoupal were stored in central database so farmer
in other location would be able to access
& .information use it
NEWS PAGE
.News on government decision on subsidies
.Changes in minimum support price
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. .Q 4 Identify key strategic intentions of the
.initiative
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To improve its revenue standing in its( )International Business Division IBD which was
lagging behind compared to other divisions of
.ITC
To educate the farmers on different methods of& .harvesting selling their agriculture goods
To overcome the unfair trade practices in Indianagriculture sector which was affecting both( ) & ( ).farmer seller ITC buyer
The main intention was providing farmers with
various tools which will make them realize thatselling directly to ITC is better than selling.their harvest to mandi