what will be the conclusion of the project chain of market?
Answers
Ahmed and Rustagi (1987) estimate that more than one-half of the difference in higher marketing costs between Africa and Asia is attributable to poor infrastructures - roads, transport services and wholesale and retail markets. Wholesale markets can play a major role in improving food supply and distribution to cities, especially for perishable produce but also for non-perishables. Their advantages can be seen in terms of:
enhancing transparent price discovery and facilitating transactions in the marketing chain; and
reducing marketing costs through economies of scale, lowering per unit transport and handling costs, facilitating sorting and grading, reducing post-harvest losses and promoting increased use of standard weights and measures. With a wholesale market, the volume of produce handled by each trader tends to increase, thus reducing the number of times operators in the marketing chain have to re-stock in a given period.