Technology has improved on agricultural business and as a result new smart agribusinesses are enhancing agricultural value chain. Farmers are provided with marketing opportunities that help them link their products with potential customers. Other agribusiness entrepreneurs are adding value to raw materials and selling new products at competitive prices. There is the need to create an online trading platform for farmers to trade their commodities at favourable prices or store them to receive warehouse receipts. The receipt system will give farmers the opportunity to deposit goods (mainly grains) in order to acquire a warehouse; a financial instrument that shows deposit proof with the quality and quality of the goods in question. Farmers can delay the sale of their commodities to a period when prices are more favourable. Warehouse receipt systems can therefore mobilize credit for agricultural sector and improve agriculture trade.
One of the main criticisms of existing initiatives is that they do not cater for the needs of smallholder farmers and market Queens and traders. For example, to become a member of the Ghana Commodity Exchange, you need to have a valid business registration certificate and a business net worth of GHS80, 000.
The Ministry of Food and Agriculture in collaboration with National Board for Small Scale Industries (NBSSI) are at the forefront of leveraging technology to ensure an efficient agriculture value chain.
Required:
i) Develop a business case for the AgriMarket project.
ii) Identify stakeholders needs in AgriMarket project.
iii) Define the scope of the solution.
iv) Develop requirements, including a use cases diagram.
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