The current health crisis is turning into an economic crisis and food adulterations are at risk. The importance of food safety is easily pushed to the background when food security becomes an issue. “With all the additional challenges during the COVID-19 the ‘invisible hand of the market’ is more important than ever and only a Market Systems Development approach can guarantee aggregating the required volumes of quality products for traders and food processors”, says Jan Willem van Casteren, Technical Director at eProd Solutions.
Calculate the product price based on a set of quality indicators
eProd offers multiple options to generate payment based on quality. Each parameter has its own rules to correct the product price, based on set conditions, threshold values and actions. Actions can be monetary, for example, a bonus or fine, but could also be an automated warning. Multiple quality parameters can interact based on flexible algorithms that can be pre-set and correct product prices automatically. For example, a premium price of 1 shilling per kg milk when butter fat is above 4.0%. However, in case the milk batch is sour the lot will be rejected. Most important is a transparent communication towards the producers. They likely knew about the quality issues, but now they know that the buyer is also aware. Moreover, the quality issues are recorded and appear on the payment overview or in an SMS message from the buyer to the producer. READ MORE