By connecting directly with buyers, farmers can bypass intermediaries
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Language: en
Added: Oct 06, 2024
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1 Harness Generative AI to develop innovative solutions that boost business and societal growth Accenture Innovation Challenge
Instructions Reference slide– Remove before submission Use the given template for your idea submission. Follow file naming format: Team name_Idea Name.pptx Ensure the spell check is done before submitting Use standard Arial font, alignment and relevant images (as required)
Team details 3 ThippyReddy Supriya All fields are mandatory Photo Kata Sai Saranya Reddy Konduru Siri Sandhya TEAM NAME: HACK WIZARDS College: Stream: Year of graduation: College: Stream: Year of graduation: College: Stream: Year of graduation:
Describe the problem statement (200 words) The problem statement revolves around the need for a mobile application that facilitates direct market access for farmers, addressing several challenges they face in today’s agricultural landscape. Many farmers struggle to connect with buyers, often relying on intermediaries who reduce their profits. This disconnect leads to inefficiencies in the supply chain, unfair pricing, and food wastage. Furthermore, farmers may lack access to timely informatiThe on about market demand, pricing trends, and buyer preferences, hindering their ability to make informed decisions. The proposed mobile app aims to bridge this gap by providing farmers with a platform to directly connect with consumers, retailers, and wholesalers. The app would feature user-friendly tools for listing products, accessing market data, and negotiating prices. Additionally, it could offer resources such as best practices for cultivation, pest management, and financial advice. By empowering farmers with knowledge and direct access to markets, the app seeks to enhance their income, promote sustainable practices, and foster a more equitable food system. Ultimately, this solution aspires to improve the livelihoods of farmers while ensuring fresh produce reaches consumers efficiently and effectively .
Proposed solution / your big Idea (200 words) Describe TECHNOLOGY USED: Example - Natural Language Processing, Machine Learning, etc. To create an app for Direct Market Access (DMA) for farmers, the solution needs to address various challenges faced by farmers, including limited access to market information, middlemen exploitation, logistical inefficiencies, and inadequate financial services.. FARMERS OFTEN FACE SEVERAL PROBLEMS : Lack of Direct Market Access Market price information Logistics and Transportation Payment Systems Communication and Networks
How does your innovation accelerate change with the power of Technology ? (200 words) Direct market access app offers significant benefits to farmers by reducing transport costs and increasing profit margins. By connecting directly with buyers, farmers can bypass intermediaries, leading to savings on transportation and higher earnings per sale. The app provides real-time market prices. Additionally, the app offers direct feedback from buyers, helping farmers improve their products, and ensures reliable payments, reducing financial risks.
How is your solution different/unique from other solutions in market? (150 words) PATENT FILED: Yes/No Do you have a working model/prototype: Yes/No If not, will you be able to show working prototype during finale. Yes/No Our proposed solution differs from existing systems in several key ways: Direct Connectivity : Unlike traditional platforms that often rely on intermediaries, our app enables farmers to connect directly with buyers—be it consumers, retailers, or wholesalers—eliminating middlemen and ensuring better pricing. Real-Time Market Insights : The app provides farmers with up-to-date information on market demand, pricing trends, and buyer preferences. This data empowers farmers to make informed decisions about what and when to sell, which is often lacking in current systems. User-Centric Design : Our app is designed with the farmer in mind, featuring an intuitive interface that accommodates varying levels of digital literacy. This accessibility encourages broader adoption among farmers, including those in remote areas.
Any testimonials received? Share the links/photos of the testimonials you’ve received Here are some testimonials for the mobile app designed for direct market access for farmers: Ramesh Kumar, Rice Farmer "This app has transformed my farming business! I can now sell directly to consumers without intermediaries, which has significantly increased my profits. The market insights help me plan my crops better.“ 2. Aisha Patel, Organic Vegetable Grower "As a small-scale farmer, I struggled to find buyers. This app connected me with local markets, and I’ve built a loyal customer base. I love being able to share my produce directly with people who appreciate it!“ 3. Sanjay Mehta, Dairy Farmer "The app is incredibly user-friendly! I was hesitant at first, but it’s simple to navigate. The real-time pricing data has allowed me to negotiate better deals, and I feel more empowered as a farmer."