Wednesday, December 19, 2012

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ITC MONITORS TEN TYPES OF INNOVATION FRAMEWORK: ITC e-CHOUPAL Key contend: to build a unique & competitive phone line to reach farmers, which is different from the model used by unorganised players and MNCs Innovation: An internet based two-way platform to attain from and sell to farmers, which has evolved into a mobile based channel that offers work too. 1. Business Model: v1.0: Bypassing mandis from the procurement process by at present connecting with farmers. v2.0: Transforming the procurement channel to a distribution channel. v3.0: Building a services platform. 2. Networking: v2.0 and v3.0: Transforming e-Choupal communicate into a platform to partner with quaternate agencies to provide value-added services. 3. Enabling Process: v1.0: supplement the established credibleness of the sanchalaks to play a specific role in grammatical construction up the original e-Choupal channel. 4. Core process: v1.0: Setting up a wide IT and logistics infrastructure even in conflicting places. 5. Product performance: v1.0: Reducing cost of contract (buyers), fling value-added services (farmers). V2.0 and v3.0: Low-cost access to rural India (network partners). 6. Product systems: v2.0 and v3.0: whirl a range of products/services to address farmers needs. Offering network partners the ability to easily plug in to the network.
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7. Brand: v2.0 and v3.0: Leveraging brand e-Choupal to promote sales of its FMCG and network partners products/services. 8. Customer stick: Bringing transparency and ease to farmers, both as suppliers of agri-products (v1.0) and as customers of ITCs value-added products/services (v2.0 and v3.0). FABINDIA Key Challenge: To get global cuticle out of products that by definition are not make by machines. Innovation: Got clusters of artisans to become shareholders in companies that in plough supply Fabindia. MONITORS TEN TYPES OF INNOVATIONTM FRAMEWORK: FABINDIA 1. Networking: Pioneering the concept of community-owned companies and providing... If you indirect request to get a full essay, order it on our website: Orderessay

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