#Agri farm supply software

However, high cost associated with the implementation and maintenance of supply chain management solution and uncertainty in regulations & lack of standards are the factors expected to hamper the growth of the market. The factors such as an increase in the need for demand management solutions among agri-business organizations, an increase in use of cloud-based SCM software, and surge in need for improved supply chain visibility supplement the growth of the agriculture supply chain management market. This helped develop the tools to empower farmers to manage finances and efficiently track the supply chain variables.

#Agri farm supply software

announced a partnership with AgriDigital, a developer of software solutions for agricultural supply chains, to develop and integrate blockchain technologies into their products. It develops a software solution that will work to capture & report data, reduce resource requirements, assess risk, and facilitate improvements across the supply chains of the agri-food businesses.Ĭurrently, agriculture supply chain management companies are employing new technologies such as blockchain ledger technology to improve efficiency and minimize transportation costs. For instance, in May 2022, Intellync announced a partnership with Star Index, a provider of supply chain management solutions, to combine Star Index’s broad knowledge of supply chain insights with the expertise of Intellync in agricultural supply chains. Although the differentiation of goods, increased efficiency, more cost-effective transport, and timely distribution have led to the growth of supply chains from the farm gate to the retail level. Thus, agricultural supply chains enforce internal mechanisms and develop chain-wide incentives to ensure the timely performance of production and delivery commitments. This generally includes managing horizontal and vertical alliances and business-to-business relationships and processes. Similarly, agriculture supply chain management involves managing interaction between companies responsible for effective production and supply of products from farms to consumers to reliably satisfy consumers in terms of quantity, quality, and price requirements. Supply chain management manages the flow of goods and services and includes all processes that transform raw materials into final products.

The report covers a detailed analysis on the customized part such as the units of cold chain management services in the research study.The report is studied across different regions such as North America, Europe, Asia-Pacific and Latin America.

The report covers segments such as component, solution type, deployment model, and region.The report covers the market size for agriculture supply chain management market for the year 2022 & is forecasted till the year 2032 with a CAGR of 10.1% from 2023 to 2032.The global agriculture supply chain management market size was valued at $358.6 million in 2022, and is projected to reach $954 million by 2032, growing at a CAGR of 10.1% from 2023 to 2032.