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- 1. Farm to Fork A sustainable and economic food supply for our future Hult Prize Challenge 2021Food for Good Presenting by Team Thanos 1
- 2. Team Introduction Fahim Mostakim Omi Faculty of Business Administration and Management NoushinTabassum Maliha Faculty of Business Administration and Management Tahmid Adib Faculty of Business Administration and Management Refaya Ryan Faculty of Business Administration and Management 2
- 3. Invest Money and Hard labor Produce precious crops Try to sell and make profit Have loss for lack of storage and syndicate Get Bankrupt, commit suicide Or loose their Farmland Takes risk again And Stand to Defeat poverty The Trap Of Poverty 3
- 4. What 1) eliminate the monopoly 2) reduce their production cost 3) Eliminate every possible mediator Why 1) To make supply chain simple 2) To give fair price 3) reduce syndicate How 1) every resource Farmers need 2) give contracted fair price 3) Increase storage facility 4)Direct Supply To Do 4
- 5. Approach to the Farmers Target a specific Region Choose Farmers just as our demand But why they will join us? 5
- 6. 1. Resources 3. Reduced production cost 4. Easy loan repayment 2. Zero % interest rate 5. Fair price Can sell the yield To us or The government only Safe Pesticide And safe usage Rate 6
- 7. Customers: Company Product Subscriber sure buyers Local Restaurants Constant Buyers Online Market Place Promotional Buyers 7
- 8. Farm to Fork Delivery Truck Delivery System: Product subscribers Local Restaurant Online Market Place 8
- 10. Year Target Customer Achievable Customer Estimated Cost(tk.) Estimated Sell(tk.) Profit (tk.) 2021 5000 3000 12125000 8625000 -3500000 2022 15000 11000 36375000 31625000 -4750000 2023 45000 42000 109125000 120750000 11625000 2024 100000 95000 242500000 273125000 30625000 2025 250000 265000 606250000 761875000 155625000 2026 450000 455000 1091250000 1308125000 216875000 2027 650000 720000 1576250000 2070000000 493750000 2028 850000 930000 2061250000 2673750000 612500000 2029 950000 1000000 2303750000 2875000000 571250000 2030 1000000 1050000 2425000000 3018750000 593750000 Item Estimat ed Cost Estimat ed Sell Rice 600 750 Fish 300 375 Poultry 425 500 Meat 400 500 Vegetab les And Fruits 700 750 Total Tk.2425 Tk.2875 Estimated Future Loss Max ProfitBEP 10
- 11. -5E+08 0 500000000 1E+09 1.5E+09 2E+09 2.5E+09 3E+09 3.5E+09 2021 2022 2024 2025 2028 2030 8625000 31625000 273125000 761875000 2673750000 3018750000 -3500000 -4750000 30625000 155625000 612500000 593750000 12125000 36375000 242500000 606250000 2061250000 2425000000 Estimated Business Graph Sell Porfit Cost BEP year Maximum Profit 11
- 12. 593750000 ৳ 1050000 People In 2030 12
- 13. Thank You 💃 Question Answer time is coming 🏃 Help…
Editor's Notes
- ©Intro: For this years’ hult prize 2021 challenge, Food for good, we team Thanos came along with an idea we named Farm to fork to present a sustainable and economical food supply for our future.
- Today we have Noushin Tabassum Maliha Next Tahmid adib And Fahim mostakim omi Finally me Refaya Ryan
- Before we go to our idea First I’m going to tell a real story from Prothom Alo daily news article of 2017. ©1.A farmer named Saymol invested 15000 takas in producing vegetables. ©2.After 4 months of hard labor, he produced 300kg of Radish and 200kg of chili. ©3.Later to the local wholesaler, he sold Radish at 5taka per kg and chili at 12Tk per kg and couldn’t even make 2000 taka profit. ©4.all this happened because of lack of storage facilities and the local management's failure to control the market. ©5. Although Saymol failed to cover the losses, he loosed all his assets.. ©6. Then he couldn’t even arrange a square meal for his family, and this situation forced him to commit suicide. ©This is not a rare case. In Bangladesh, the Centre for Injury Prevention and Research says that 55% of Suicide victims of Bangladesh Earns less than 4000Tk per month, and Most of them Are farmers or Agriculture laborers. Thus, we, Team THANOS, present our idea (F2F) to solve farmers’ problem. It will help them to fight against poverty and keep harvesting in their land with full of freedom. Alongside this, we will be able providing quality food to Normal people.
- What To solve this problem, we have to fix this supply chain and eliminate the monopoly of Mill owners and wholesalers. We will have to help the farmers to reduce their production costs and Connect them to the consumers directly through our company. This system will help the farmers and the consumers avoid syndicate, and farmers will have a fair price, and the consumers will get the best product, spending lesser than before. ©Why All of the above is necessary to make the supply chain simple. And to do so, we will have to eliminate every possible mediator. And after doing so, the price will be reduced, and the wholesaler and mill owner’s syndicate will be gone. Because farmers won’t have to sell their crops to them as our company is buying their crops by giving them a fair price. ©How To make this possible first, we will give the farmers every resource as a loan at zero interest, so their production cost becomes less. Later we will collect their crops at the contracted price deducting the loan. After that, we will store those products in our storage facility to run a quality check and keep it fresh before delivering them to our customers.
- ©1. First, we will select some regions with the best production rate of specific crops. ©2. Then, we will choose some farmers just as our demand. ©here the question is why they will join us
- We will give them some convenience and conditions, and those will say that our company will save them to avoid loan sharks and they will get all the freedom they need. And those are: Conveniences: 1)We will help the farmers with every resource they need to produce the crops as a loan with a zero percent interest rate. And also we will not make any profit here. 2)It will help them to reduce their production cost. 3)And as the farmers will sell their yield at the end of the season, it will also help them to pay back the loan quickly and have their profit in hand easily. So they don’t have to worry about repaying the loan Conditions: ©1)They will sell all yield to us only. only if the farmers want to sell it to the government, later they will have to repay the loan only. ©2)They have to use the safe pesticides and follow the safe usage rate given by WHO and FAO.
- ©Company Product Subscriber: These consumers will be our sure buyers. They will set a pre-order according to their family’s demand. Later we will make a combo pack according to their order. To approach product subscribers, we will ensure our product’s freshness and the proof of safe pesticide usage rate. Then offer them a reasonable price for our product and discounts that they will get by using social media Hashtags like Team_F2F_Thanos or give us written feedback or by sending referral code. Using hashtags, refer code, and written reviews, they will get a discount, and we will have promotions and new customers. ©Local restaurant: We will target the local 2stars 3stars restaurant. So we can have a regular buyer, where we can supply a vast amount of product according to their Food-Menu and demand. Here we will offer them a reasonable price rate than the market price and we will have our profit through selling quantity. ©Online Market Place: Here, we will recruit people who can cook and want to start their cooking business or have started it. We will gather them into one platform, and they will sell their homemade food through our platform under two conditions that they will use our product to make their food and have to pay a membership fee monthly.
- Here we will have delivery categories and Our focus will be to reduce carbon foot print during the delivary. Product subscribers will have their package delivered to their houses. Restaurants will collect their product from the nearest storage facility or give us a specific delivery charge to get it to the doorstep. Market place buyers will get their order and give the delivery in the same way as the product subscriber.
- As we eliminated every possible Mediator from the supply chain, our Business model become a simple structure. From the farmer the products go through our company and then we send them to our customers. ©And finally we will have profit in hand, which we will divide into 3part. 1 to add with company capital, 1 for emergency backup fund and the rest is for our sustainable and future vertical farmland so our assets grows and products become more good and cheap.
- As we surveyed on 15families to estimate cost and selling price and we hope if we can stay on track we can easily touch the BEP in 4 years .
- And later in 8years we can touch the maximum profit even more we have shown in the graph as we will start our sustainable vertical farmland and storage facility to reduce the cost price.
- In conclusion we can say in 2030 our company can give service to more than 10 million people and touch a big profit along with maintain social welfare. All we need now is your support.
- We team Thanos, Thank you for your attention and valuable time.