Agents Association of Fan Milk Ghana Limited is demanding the reversal of new trade terms imposed by the management of the company.
Management of the diary product last month introduced new trade terms which the agents say is taking a toll on their finances.
The new trade terms revolve around the commission, sales targets, and conditions of service for agents of the product.
The Association which has over 500 agents across Ghana says all efforts to reach management to resolve the matter have not yielded any positive result.
Speaking to Citi News, the Chairman of the Agents Association of Fan Milk, Mr. Edward Sarpong called for further stakeholder engagement to have the issue resolved.
He insists that the new policy is crippling their investments in that regard.
“The situation is such that at the end of the month, the new trade system that has been brought in will have to drift away almost 50% of what we’ve been earning before. These are the conditions attached to this new trade policy. Normally before the new trade policy, we were going to a policy whereby agents will receive about 6.5% to 9.5% of goods sold out, but now there are a lot of conditions attached to this same policy.”
“Some of these conditions are that your vendors have to be selling 20 days each before you qualify for fully for that 10% otherwise there will be some deductions. Meanwhile, we are buying the goods with our own money, and they don’t even now help us with the repairs they used to do for us. We have approached them severally, and they ignored us.”
The management of the company is yet to make a public statement on the development.
