Greek Food Corridors

GFC – Greek Food Corridors: The spot market and price Index/mechanism

Our concept is the setting up of a central auction system in Athens, the “dealing room”, in which various fruit & vegetable and Olive Oil lots are sold to the highest bidder using a clock auction system. You have 1 central server system which communicates with all the regionally depots involved in selling the products. In each depot, supplied products are registered with their product characteristics (farmer x, county y, Quality & product type, olive type…) and the right storage location with the dates of receipt are indicated. These data are centrally stored. Our selling parties, existing group of growers & collectivities spread in Greece, enter the supply they want to sell on the clock system via web pages after logging in successfully. Our system provides the possibility to build up a catalogue with various lots from different suppliers/geographical areas, with product marks, product type, quality, packaging, product dimensions etc., in 1 “block” and to sell them via the clock. In this way, you will get a certain stock, which can be sold afterwards to the “registered buyers”.