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D-specification Dictionary

Specification

A buyer's written requirements for size, quality, packing and certification

An open dictionary on a farm office desk
Plain meaning
A buyer's written requirements for size, quality, packing and certification
How to use it
Get the buyer's specification in writing before planting or stocking, and plan production to meet it. Produce outside specification sells at a discount or not at all.
South African benchmark
South African retailers and processors publish detailed supplier specifications.
Country notes
Applies the same way in all five markets.
Go and read
C4 Lesson 4.2, M2-U4, M2-U5
Calculate it
No calculator; the term is applied in the venture plan narrative.
Route from farm gate to consumer with each party’s share of the priceFrom farm gate to buyer: who takes a share of the priceYour farmfarm-gate priceTransportR per tonne-kmMarket agentcommission %Retaileror processorConsumershelf priceFarmTransportAgentRetailShare of the shelf price (illustrative split)Selling closer to the consumer keeps more of the price on the farm, but adds cost and work.
From Module 4, Getting to the Buyer, where this term is introduced.

Introduced in C4 Getting to the Buyer.