logging in or signing up E-CHOUPAL ITC watsurname Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2306 Category: Business & Fin.. License: All Rights Reserved Like it (1) Dislike it (1) Added: March 11, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: vineetchawla26 (11 month(s) ago) Dear Sir, could you please send me this ppt on my email id vineetchawla26@gmail.com Thanks and Regards Saving..... Post Reply Close Saving..... Edit Comment Close By: skbendale (12 month(s) ago) Very informative slides. Pl. allow me to download. It is knowledge sharing . Saving..... Post Reply Close Saving..... Edit Comment Close By: rafapratik (16 month(s) ago) plzz let me download this ppt Saving..... Post Reply Close Saving..... Edit Comment Close By: dinesh.ams (18 month(s) ago) i need it its too useful ppt Saving..... Post Reply Close Saving..... Edit Comment Close By: dinesh.ams (18 month(s) ago) i need it its too useful ppt Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript CASE ANALYSIS ON ITC E-CHOUPAL : CASE ANALYSIS ON ITC E-CHOUPAL PRESENTED BY : GROUP 6SECTION “A” Slide 3: 1.Discuss the business benefit of e-choupal initiative Benefits of e-choupal : Benefits of e-choupal Helps in enhancing the competitiveness of Indian agriculture Farmers have more knowledge of prices and could have a much better control over the timing of making its trade. Reduces monopoly power of CAs(commission agents), which cut the costs for both farmers and soybean processor. Slide 5: Empowering rural India with the relevant information. Farmers can even use it for buying relevant supplies which they need. Improvement in the productivity Social stability Payment on delivery Lower cost of input for farmers as well as ITC Slide 7: 2.What are the changes brought in the supply chain through e-choupal Traditional Supply Chain : Traditional Supply Chain Farmers had to travel 30-50kms to unload their harvest. Transaction was between farmer and CA. Price discovery mechanism was auctioning Use of manually operated balance scale By every transaction farmers use to lose 0.5% of his original lot. Old supply chain management Village A Mandi B Factory C (Old) FARMERS CA Reorganized supply chain : Reorganized supply chain Reorganized supply chain management Village A ITC Hub Factory C (new) Transparency e-choupal system turned the Sanchalak into an entrepreneur The web technology brought price discovery to the village level The farmers could know what prices he would get at an ITC hub Reports on nearby Mandis By following the real time prices on the websites the farmers could decide when to sell Slide 11: Computerized weighbridge The farmers received cash on delivery Reimbursement of transportation cost Commission agents became Samyojak setting of the e-choupal facilitating ITC’s purchasing transaction helping with ITC’s selling transactions acted as a liaison between ITC and villagers managed warehousing HUB Slide 12: One-Stop Shop Farmers could buy herbicides Sowing seeds Gas lanterns Fertilizers Soyabean oils Three systems was enabled for this: i)At the village level Sanchalak aggregated demand for products through order placed by his fellow farmers and mailed the order to the ITC. ii) Based on the estimated demand and stocking them at home. iii)Shopping for the products at the ITC processing facility. 3.Identify the key components of ITC E- Choupal implementation that led to its success : 3.Identify the key components of ITC E- Choupal implementation that led to its success Answer : Answer Business model that incorporated “e” into the age old tradition on village E-choupals. Reorganization of the supply chain. Village A Mandi B Factory C (Old) Village A hub Factory C ( New) It was developed with full involvement of farmers. Slide 15: In-depth knowledge of rural markets User friendly websites - Site provided information on weather, best practices, crop information, market information, FAQ’s, news, feedback and information about ITC. Beneficial for processor as well as farmer Improved logistic facility Selection of Sanchalak and Samyojaks Evolving an appropriate user interface Vast scope for rural development Slide 16: E-choupal was “one stop shop”. ITC hubs were better equipped than mandis. Rest rooms Electronic weighing machines Cash on delivery Transportation cost was reimbursed. Tented seating area. Soil testing lab on premises. 4.Identify key strategic intentions of the initiative : 4.Identify key strategic intentions of the initiative Slide 18: Creating market through improved farm income, whilst placing ITC in a unique position to reap benefits through its closeness to the potential consumer. Bring up IBD in ITC’S realm as well as in global commodities exporting market - Reach the goal of Rs. 2000 crores in revenue by the year 2005 Achieve full business potential. -Increase the efficiency of Agricultural supply chain -End unfair practices. -Make the cycle productive for both the farmers and soybean processors. -Price discovery to the village level. Slide 19: Networking the villages via the Internet Disintermediation To increase the export shares To create awareness about the unpredictable weather in India –Weather page To reach farmers quicker for matter related to best practices – Best practice page Wider range of information- Market information To solve any kind of query by the farmers- Q+A forum Avoiding farmers exploitation by the Commission agents Thank You : Thank You Group members are -Anumeha -Gaurav Ravi -Puja -Rashmi -Trupti You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
E-CHOUPAL ITC watsurname Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2306 Category: Business & Fin.. License: All Rights Reserved Like it (1) Dislike it (1) Added: March 11, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: vineetchawla26 (11 month(s) ago) Dear Sir, could you please send me this ppt on my email id vineetchawla26@gmail.com Thanks and Regards Saving..... Post Reply Close Saving..... Edit Comment Close By: skbendale (12 month(s) ago) Very informative slides. Pl. allow me to download. It is knowledge sharing . Saving..... Post Reply Close Saving..... Edit Comment Close By: rafapratik (16 month(s) ago) plzz let me download this ppt Saving..... Post Reply Close Saving..... Edit Comment Close By: dinesh.ams (18 month(s) ago) i need it its too useful ppt Saving..... Post Reply Close Saving..... Edit Comment Close By: dinesh.ams (18 month(s) ago) i need it its too useful ppt Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript CASE ANALYSIS ON ITC E-CHOUPAL : CASE ANALYSIS ON ITC E-CHOUPAL PRESENTED BY : GROUP 6SECTION “A” Slide 3: 1.Discuss the business benefit of e-choupal initiative Benefits of e-choupal : Benefits of e-choupal Helps in enhancing the competitiveness of Indian agriculture Farmers have more knowledge of prices and could have a much better control over the timing of making its trade. Reduces monopoly power of CAs(commission agents), which cut the costs for both farmers and soybean processor. Slide 5: Empowering rural India with the relevant information. Farmers can even use it for buying relevant supplies which they need. Improvement in the productivity Social stability Payment on delivery Lower cost of input for farmers as well as ITC Slide 7: 2.What are the changes brought in the supply chain through e-choupal Traditional Supply Chain : Traditional Supply Chain Farmers had to travel 30-50kms to unload their harvest. Transaction was between farmer and CA. Price discovery mechanism was auctioning Use of manually operated balance scale By every transaction farmers use to lose 0.5% of his original lot. Old supply chain management Village A Mandi B Factory C (Old) FARMERS CA Reorganized supply chain : Reorganized supply chain Reorganized supply chain management Village A ITC Hub Factory C (new) Transparency e-choupal system turned the Sanchalak into an entrepreneur The web technology brought price discovery to the village level The farmers could know what prices he would get at an ITC hub Reports on nearby Mandis By following the real time prices on the websites the farmers could decide when to sell Slide 11: Computerized weighbridge The farmers received cash on delivery Reimbursement of transportation cost Commission agents became Samyojak setting of the e-choupal facilitating ITC’s purchasing transaction helping with ITC’s selling transactions acted as a liaison between ITC and villagers managed warehousing HUB Slide 12: One-Stop Shop Farmers could buy herbicides Sowing seeds Gas lanterns Fertilizers Soyabean oils Three systems was enabled for this: i)At the village level Sanchalak aggregated demand for products through order placed by his fellow farmers and mailed the order to the ITC. ii) Based on the estimated demand and stocking them at home. iii)Shopping for the products at the ITC processing facility. 3.Identify the key components of ITC E- Choupal implementation that led to its success : 3.Identify the key components of ITC E- Choupal implementation that led to its success Answer : Answer Business model that incorporated “e” into the age old tradition on village E-choupals. Reorganization of the supply chain. Village A Mandi B Factory C (Old) Village A hub Factory C ( New) It was developed with full involvement of farmers. Slide 15: In-depth knowledge of rural markets User friendly websites - Site provided information on weather, best practices, crop information, market information, FAQ’s, news, feedback and information about ITC. Beneficial for processor as well as farmer Improved logistic facility Selection of Sanchalak and Samyojaks Evolving an appropriate user interface Vast scope for rural development Slide 16: E-choupal was “one stop shop”. ITC hubs were better equipped than mandis. Rest rooms Electronic weighing machines Cash on delivery Transportation cost was reimbursed. Tented seating area. Soil testing lab on premises. 4.Identify key strategic intentions of the initiative : 4.Identify key strategic intentions of the initiative Slide 18: Creating market through improved farm income, whilst placing ITC in a unique position to reap benefits through its closeness to the potential consumer. Bring up IBD in ITC’S realm as well as in global commodities exporting market - Reach the goal of Rs. 2000 crores in revenue by the year 2005 Achieve full business potential. -Increase the efficiency of Agricultural supply chain -End unfair practices. -Make the cycle productive for both the farmers and soybean processors. -Price discovery to the village level. Slide 19: Networking the villages via the Internet Disintermediation To increase the export shares To create awareness about the unpredictable weather in India –Weather page To reach farmers quicker for matter related to best practices – Best practice page Wider range of information- Market information To solve any kind of query by the farmers- Q+A forum Avoiding farmers exploitation by the Commission agents Thank You : Thank You Group members are -Anumeha -Gaurav Ravi -Puja -Rashmi -Trupti