New research from Proagrica reinforces the need to future-proof the agriculture supply chain through integrated digitisation
Proagrica has released an independent commissioned white paper titled ‘Digital Integration. A Fundamentally Powerful Next Step to Agriculture Supply Chain Optimization’, outlining the impact that global trends and challenges have had on the rapidly evolving agricultural landscape.
The independent white paper revealed that over the past decade, the agriculture industry had demonstrated a willingness to embrace transformation, with significant advancements made in digital adoption.
However, the research also highlighted that the true potential of data analytics, which could optimise the supply chain, often remains untapped, as data tends to stagnate within the confines of individual organisations.
This issue was found by Proagrica to be exacerbated by the ongoing market consolidation occurring in the industry. Of the companies consulted, 60 per cent had been involved in merger and acquisition activities.
With this consolidation, it is common to find organisations operating multiple processes and solutions at the same time, leading to structural and informational silos.
Additionally, the research identified critical external issues concerning the future-proofing of the supply chain.
Companies are actively rethinking their distribution strategies, with models like Vendor Managed Inventory (VMI), vertical integration, and contract farming being prominent examples.
To address these industry challenges and ensure profitability, industry respondents emphasised the need for supply chains to maximise commercial performance, adopt a customer-first approach, and effectively manage compliance and risk.
Proagrica noted that the white paper delved into these vital insights to equip businesses for a successful future.
“The independent research summarised in this white paper explains the challenges and opportunities shaping the future needs of the agriculture supply chain,” said Jamie O’Sullivan, CEO at Proagrica.
”We are providing solutions to our customers that will enable them to deliver on their commercial goals,” he continued. ”Our independence enables us to provide a unique perspective for our customers built on trust, confidence and transparency.”
“By working closely with our customers, we aim to provide a consistent partnership in a rapidly shifting agriculture supply chain landscape,” added Peter Leppan, vice-president supply chain data solutions at Proagrica.
”This white paper outlines that the path to full digitalisation and integration has only just begun, and we are committed to providing our customers with agile solutions to help them unlock the full potential of their data.”
