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Friday, August 14, 2015

COMMODITY INTELLIGENCE SYSTEM

COMMODITY INTELLIGENCE SYSTEM


Purpose


            In this age of Globalization information is power and the whole world is running for a platform where one can meet the customer mind share and here is a platform that can outpour all needs for what so ever on Commodities. Good business is still sealed with a handshake especially on the Internet, with CIS which is pioneered virtual market place, which can make your business a real business where in one, can proudly say that the agri-world is at their tips and the pricing now rests in their hands.
            Commodity Intelligence System (CIS) is a unique concept of networking all the major National Trading Centers / Marketing Yards in India and important state Trading Centers / Market Yards across the length and breadth of the country.

Scope

                 The scope of work would include:


            To cover about 5 commodities that are selected out of large volume/value commodities dealt in 292 markets.
            On successful deployment of the system in Madhya Pradesh i.e. Release 1.0, the same shall be extended to all commodities mounting to 560 approx. in all states of India.

Definitions

            Commodity:     Items or Goods of commercial value that are either perishable or non-
            Perishable, consumable or otherwise.  

            Information-supplier: A person who supplies information about Commodity Price
   & Quantity Data to CIS.  This constitutes the main input to   
   the system.

             Location:        It is any place specified by a hierarchy of Country, State and District.        

            Customer:        Any person/persons/institution/organization which is interested in
                        Subscribing to CIS information especially commodity-price related
            Information.
             Market:           A place where commodities are traded. Each market is specified by a
Unique Market ID. This ID is generated by CIS's internal logic. A
Market is identified by its name and place.



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