The $150 Billion Food Supply Chain Inefficiency

The $150 Billion Food Supply Chain Inefficiency

Andrew Mack is the Founder and CEO of Agromovil, an app-based platform that helps make the match between producers, transporters and off-takers. It allows farmers to match with the transport they need, when they need it and to find buyers that use the platform (called the MATCH). It enables transporters to build optimized routes picking up from various small farmers, making transport more efficient and profitable, and getting crops to market when needed (the BATCH). And, it enables all parties to pay on the platform, avoiding the need to take large amounts of cash to the field, making transactions safer and helping bring small farmers into the banking system and building credit histories (the PAY). Today some 30% of crops in the global south that are harvested never make it to market — they’re lost, stolen, never picked up or arrive too late to be used. With initial support from Toyota and Carnegie Mellon, Agromovil is creating an app-based platform that will change that, bringing together micro insurance, cellphone banking and ride-hailing technologies (like Lyft) to get more food, and fresher food, to hungry tables around the world.

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