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Sea Food Export/Import
 

The solution covers the typical concerns of businesses in sea food

  •  Freezers are the constraining resource and hence their uptime is critical

  •  Skill in peeling is critical

  •  Yield is important at each stage

  •  Grading decides the price in the market

  •  Which country to be targeted for which product at which time is critical to maximize realization

  •  Raw material purchase requires skill

  •  Myriad payment terms to be taken care of while pricing finished goods

  •  Pricing fluctuations in domestic & international markets of raw material and finished products

  •  Complex Market Mechanisms:

    • Duty structure changes

    • Large catches in China – dumping in Japan – Lowering of price by Japan and hence by US also

    • Behavior of competition

    • Fluctuating currency conversion rates ( in turn increasing or decreasing value of stocks held overnight) impacting profitability
       

  •  Uncertainties

    • Dollar conversion

    • Buying behavior of customers

    • Policies and duties of importing countries

    • Competitive behavior in the markets and their strategic moves

    • Raw material availability (quality, quantities and prices)

    • Experience in buying and selling is critical
       

  •  Largely manual

  •  Perishable commodity

  •  From purchase point to customer delivery

    • Many variables

    • Logistics is critical

    • Quality management
       

  •   A few good decisions can give us Lacs of Rs and the reverse is also true.

  •  We however keep on making decisions which is the way of doing business

  •  The current level of value spread is low and hence maneuverability is also low

  •  Seasonality in business
     

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