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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2404 |
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This large production doesn’t mean that the firms can easily procure and supply to consumers. This is the biggest challenge they have to overcome in the present competition to offer the fresh and quality produce to consumers at competitive price. The agriculture related supply chain segment suffers from maximum inefficiency with cumulative wastage of $11 billion or 9...
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The investment of retailers is high into front end compared to back end and supply chain. The wastage is due to poor handling, lack of availability of refrigerated vehicles for transportation, poor packaging, multiple points of manual handling of produce, geographical distribution of farms, information asymmetry between producers and consumers and poor road network...
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