E-mandi implementation based on gale-shapely algorithm for perishable goods supply chain

Devi, S. Prasanna; Narahari, Y.; Viswanadham, N.; Kiran, S. Vinu; Manivannan, S.

doi:10.1109/coase.2015.7294297

Cited by 3 publications

(2 citation statements)

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“…Various studies [3][4][5] have expressed that lack of market integration is a shortcoming in the Indian food programme. There are about 7000 wholesale markets in India to provide fair price to farmer but are monopolized by middlemen [22]. These markets are controlled and managed by individual administrative committees, which lead to fragmented markets and minimal market integration.…”

Section: 2c Lack Of Market Integrationmentioning

confidence: 99%

India’s national food security programme: a strategic insight

Mahapatra

Mahanty

2018

Sādhanā

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Indian National Food Security Programme, with a goal to provide highly subsidized food grains to more than 800 million people in every nook and corner of the vast country, faces strategic challenges related to production, procurement, storage, transportation, distribution, finance, and organization. While the production issues are related to low yield, small farm size, and lack of financial support, the procurement process is skewed and lacks integration with the markets. The storage facilities are inadequate and are non-optimally located. Transportation facilities lack coordination leading to multiple loading and unloading of the food grains. Leakage and improper distribution of food grains are also big challenges. Very high subsidy, inefficient processes, and a large work force have brought to the fore the question of financial viability of the programme. There are also organizational issues related to payment disparity and resistance to labor reforms. The paper has also given a framework for efficient implementation of the programme using cloud system with effective procurement and stock management policy measures.

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Section: 2c Lack Of Market Integrationmentioning

confidence: 99%

India’s national food security programme: a strategic insight

Mahapatra

Mahanty

2018

Sādhanā

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“…Recent studies [10][11][12] have applied multi-attribute double auction mechanisms to perishable goods supply chain problems using mixed integer linear programming. Although their approach is powerful in dealing with idiosyncratic properties of perishable goods, such as lead time and a shelf life, they have not considered the fluctuating nature of perishable goods markets, where supply and demand change dynamically and unpredictably.…”

Section: Introductionmentioning

confidence: 99%

Incremental Design of Perishable Goods Markets through Multi-Agent Simulations

Miyashita

2017

Applied Sciences

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Abstract:In current markets of perishable goods such as fish and vegetables, sellers are typically in a weak bargaining position, since perishable products cannot be stored for long without losing their value. To avoid the risk of spoiling products, sellers have few alternatives other than selling their goods at the prices offered by buyers in the markets. The market mechanism needs to be reformed in order to resolve unfairness between sellers and buyers. Double auction markets, which collect bids from both sides of the trades and match them, allow sellers to participate proactively in the price-making process. However, in perishable goods markets, sellers have an incentive to discount their bid gradually for fear of spoiling unsold goods. Buyers can take advantage of sellers' discounted bids to increase their profit by strategic bidding. To solve the problem, we incrementally improve an online double auction mechanism for perishable goods markets, which promotes buyers' truthful bidding by penalizing their failed bids without harming their individual rationality. We evaluate traders' behavior under several market conditions using multi-agent simulations and show that the developed mechanism achieves fair resource allocation among traders.

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