Question: Please help experts, the module i s ADVANCED PROJECT MANAGEMENT below: Please translate this in a human form, if possible cite with sources: Direct Sourcing
Please help experts, the module ADVANCED PROJECT MANAGEMENT below: Please translate this in a human form, if possible cite with sources: Direct Sourcing from Farmers: Echoupals provide a direct link between ITC and farmers, enabling the company to source products such as spices, tea, and coffee directly from rural areas. This eliminates intermediaries, reduces costs, and ensures a steady supply of highquality raw materials.
Transparent Pricing: Echoupals introduce a transparent pricing mechanism, allowing farmers to access realtime information on the prices offered for their produce. This eliminates the need for middlemen and ensures fair pricing, empowering farmers to negotiate and bargain effectively.
TwoWay Flow of Information: Unlike traditional distribution models, echoupals facilitate a twoway flow of information between urban and rural areas. ITC gains valuable insights into consumer preferences and market demands, enabling more effective product development and marketing strategies.
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