grossed $100M in agricultural commodities sales while ITC total sales were $2B. Problems Soy Bean Farmers Encountered 1. Inefficient agricultural supply chain system 2. Limited technology resources constrained dissemination of know-how in rural farming communities 3. Lack of access to quality inputs – seeds‚ herbicides‚ pesticides and weather information that would improve crop quality and process of bringing it to the market 4. Farmers and ITC did not reap financial benefits from any profits
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The ITC eChoupal Initiative Wednesday‚ January 23‚ 2013 Background: Soybeans and their derivatives constituted two-thirds of ITC’s agricultural business. ITC had an integrated presence throughout the entire value chain‚ from procurement to export. Farmers had traditionally relied on choupals‚ an informal assembly‚ as their only source of agricultural knowledge and sold soybeans at the closest market‚ or mandi‚ to traders employed by ITC. Despite success of soybean products in domestic and
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The ITC eChoupal Initiative The case is about a technology based transition of soybean supply chain from traditional flow to a more efficient method. Case first talks about the traditional way of soybean supply chain. In the traditional method‚ farmers are taking their product to local markets called “mandi”. They had difficulties in taking their product to far market places‚ and there they do not know the expected price of their product. So middlemen can play with the price in the local market
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ITC’s motivation for creating the eChoupal: Initially‚ the eChoupal initiative was designed to encourage the growth of IBD‚ ITC’s agricultural commodities export division‚ who was lagging behind the other company’s divisions‚ aiming to reach $442.6m revenues in. Benefiting not only ITC’s shareholders‚ this commercial venture also combined a social mission catering to ITC’s strategy to secure competitiveness of all players in its value chain‚ by creatively leveraging IT to re-engineer procurement
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Rosencrantz and Guildenstern showed loyalty for the King and Queen by doing what they were asked to. However‚ they showed disloyalty towards Hamlet by going against him just to follow through with the King and Queens demands. Claudius reveals that he had killed his older brother‚ King Hamlet. The motivation behind Claudius revealing the truth about his crimes was Hamlet’s play that he had watched earlier. The fact that Claudius was asking for forgiveness of his sins by praying persuaded Hamlet to not kill
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and Internet connectivity—is the brainchild of a large agricultural processing company in India‚ the Indian Tobacco Company (ITC). The initiative was conceived to tackle the challenges posed by certain features of Indian agriculture‚ such as fragmented farms‚ a weak infrastructure‚ and the involvement of numerous intermediaries. Although the primary objective of the project was to bring efficiency to ITC’s procurement process‚ an important byproduct is the increased empowerment of rural farmers where
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players in conjunction with local farmers. one such private initiative has been by ITC Ltd in the state-of M.onvu piuJ"r6. rt n"‚ helped the farmers in many such as developing or tocil r!.d"*hjo‚ shared .ways‚ ownership of the assets created in this initiative‚ access t6 pt" rui"rt r."o*r-"jI! ror.1.‚" agro-sector. sustainable income levels and skill development for pr"oductivity improvement. This initiativ^e from ITC[I] hbs become a benchrnark today in the ICT initiatives in agro-sector‚ Several best
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ITC and Sustainability 11/19/2012 Ramaiah Institute of Management Teena Lawrence PA1236 PGPM+MBA (UOM) Abstract: ITC is a major Indian heterogeneous market or business with a diversification in the fields such as paperboards‚ packaging‚ apparel‚ foods‚ hotels‚ Information technology and tobacco products. The triple bottom lines encompassing economic‚ social and environmental parameters have said to be achieved by the company. The sustainable initiatives taken by the company have been indeed
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ITC Limited From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (May 2012) | | This article appears to be written like an advertisement. Please help improve it by rewriting promotional content from a neutral point of view and removing any inappropriate external links. (November 2011) | ITC Limited
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A Project Report On ITC – Aashirvaad Atta 1 Contents Topics Executive Summary Introduction ♦ Preamble ♦ History and Evolution ♦ Corporate Strategies ♦ Board of Governors ♦ Operating Units in India Market Analysis ♦ SWOT Analysis ♦ Understanding the four P’s of ITC Food Division ♦ Financial Analysis of ITC ♦ Competitors Analysis ♦ Financial Analysis of Competitors ♦ Price‚ Place‚ Product‚ Promotion Strategies in Orissa ♦ Decision Making Process ♦ Inferences from the Survey Future Strategies
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