creating values in agri-supply chain from land to ... · from land to consumers through computer...
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Creating Values in Agri-Supply Chain from Land to Consumers Through Computer Based Control Systems
#AgTechInsight #AaronMagenheim
©2019 AgTech Insight LLC
AgTech insight is a global, full spectrum Agriculture and Technology consulting and advisory firm offering expertise to ensure success in today’s economy
From Salinas, California, USA• Ag Business Innovation Strategy
• Agriculture Technology Visionary
• Business and market planning & development
• Product integration and collaboration
AaronMagenheim
Highlights• Founder AgTech Insight + AgTech development co
• 20 yrs. - family ag irrigation business
• 8 yrs. –Agriculture Technology ecosystem
• Works with clients around the world
©2019 AgTech Insight LLC
Agriculture and Technology Expert
• Innovation growth strategies
• Ag inputs & irrigation
• Sales networks
• IT and Ag analytics
• Grower AgTech Audit
• Public sector guidance and advisory
• Strategic marketing and business planning
• Local & global AgTech ecosystems
@AaronMagenheim @AgTechInsight
• Centralization
• Blockchain
• Standardization
• Digital contracts
• Cryptocurrencies
• Visibility
• Machine Learning
• Artificial Intelligence
• Automation / Robotics©2019 AgTech Insight LLC
Trends Across The Supply Chain
Connecting the Dots
• We live in a connected world
• Billions of data points
• Sharing – data is pushed and pulled
©2019 AgTech Insight LLC
Dispersed Data Sets
• We have been collecting data
• What do we do with it?
• Who has it?
• Where can we get more?
• Need to analyze and use it
Question:
• Who has a 1, 5 & 10 year strategic plan for your
future supply chain?
©2019 AgTech Insight LLC
Data capture
Remote Sensors
GIS
GPS
Imaging
Communications / Connectivity Infrastructure
Cloud Based
Wireless Radio
Cellular
Bluetooth
WiFi
Satellite
Big Data
Aggregation
Access
Analytics
Actionable Data
Storage
Business Management
Back office / ERP
CRM
Supply chain / logistics
Brokering
Reporting / compliance
Traceability
Applications
Sensor monitoring and control
Sales and marketing
Supply / demand
Commodity pricing
Input optimization
Workforce
Integrating the Information Layers
©2019 AgTech Insight LLC
Centralizing Supply Chains
• Build a model leveraging strengths
• Take strategic steps
• Each geography has unique needs
• Learn from other success & failures
• Changing & aging workforce
• Understand global competition / trends
©2019 AgTech Insight LLC
Purpose of Centralizing Supply Chains
• Global competitiveness• Meet demands from growing middle class
– Different types of foods not grown locally
• Food security– Enough food– Safe food
• Improving yield• Reducing loss• Visibility• Labor issues - migrations to cities• Advancement of overall economy - finance
©2019 AgTech Insight LLC
• Growers
• Support structure (seeds, chemical, irrigation, tractors
finance)
• Packers, shippers, processors, cold chain, value add
• Transport / logistics
• Distribution
• Retailers
• Consumers
©2019 AgTech Insight LLC
Creating Value Throughout the Supply Chain
Grower
Test, Sell, Support
Training
Consulting / Services
Lean Strategies
Traceability
Tracking, Timing
Quality, Demand
Incoming, Outgoing,
Stock Management
Food Safety
Consumer Trends
Forecasting
Competition
Visibility
Choices
Brand Loyalty
• Strategic planning
• Optimize
• Share critical insights
• Reduced waste
• Safer supply chain
• Quicker adoption
©2019 AgTech Insight LLC
Ecosystem and Propositions
Data Collection
Predictive analytics
Machine Learning
Support
Structure
Distribution
LogisticsProcessing
ConsumersRetailers
Tech Focused on Efficiency & Visibility
©2019 AgTech Insight LLC
GrowersTech Types
• Data collection
– Real time sensors
– Remote control
– Tracking activities
– Transferring knowledge
• Predictive analytics
– Improving on cause & affect
– Machine learning
Value
Visibility into where to increase margin
Art → Science
©2019 AgTech Insight LLC
Grower Client StoryProfile: Large CA wine grape grower growing vertically
Goal: Future proof, grow vertically, sustainably
Process:
• Evaluate
• 5 year strategy
• Build a tech team
• Start in the field collecting data
• Move up through the vertical
5 Year Result: Exceeded goals
• Finished goods business growth 15X in 5 years
• International business
• BI – complete visibility across operation
• Blockchain customer traceability
• Exact $ to produce specific bottle of wine
• Reduced inputs, increased efficiencies (up to 80%)
©2019 AgTech Insight LLC
Packers, Shippers, Processors, Cold Chain• LEAN strategies
• Six Sigma
• Machine vision
• Quality management
©2019 AgTech Insight LLC
• Packaging
• Marketplaces / trading
• Automation
• Traceability
Value
• Better forecasting
• Reduced waste
• Increased product value
Transportation & Logistics
Tech Type
• Cold Chain
• Tracking
– Speed
– Location
– Temperature
– Quality
– Efficiencies
• Timing
– Loading / unloading logistics
– Customer promise expectations
©2019 AgTech Insight LLC
Value• Demand planning and
supply automation• Efficiency• Reduced overhead
©2019 AgTech Insight LLC
Distribution
Tech Type
• Tracking Inventories
• RFID
• Goods movement automation
• Stock management
• Supply / supplier forecasting
• Reduce waste
• Trading platforms
• Ugly food
• Oversupply
Value• Reduced costs• Growth opportunity• Forecasting
Retailers
Tech Types• Food security
• Food safety• Real time traceability• Manage recalls
• Track consumer trends• Higher cost foods• More value add
• Connect with consumer• Transparency• Forecasting to supply chain
• Pricing adaption• Competition – online / delivery
©2019 AgTech Insight LLC
Value• Brand loyalty / market share• Competitive buy side• Digital consumer trends
Consumers
©2019 AgTech Insight LLC
• Social media power
• Drive changing palette
• Connecting with brands
• Build brand loyalty
• Virtually travel
• Education practices
• Sustainability
Value• Feel good• Positive gastrology experience• Influence trends• Drive the future of food
Timing and Existing Structures It all depends on your timeline objectives Take the right steps
Now • Fix the fundamentals – improve the basics
• Take paper records to digital • Build advisor / support network
Near Future • Integrate data to get full picture • Set the stage
Future • Prescriptive analytics• Leverage machine learning, AI
And Then… • Start integrating advanced “sexy” tech
• Drones, robotics, autonomous vehicles etc. ©2019 AgTech Insight LLC
Support Structure
• Closer to user
• Build innovation arm
• Leverage network
• Higher margins
• Testing tech
• Local experts
• New model to consult
• Value add services
• People & equipment
©2019 AgTech Insight LLC
Lean on your local innovators to help
AgTech Ecosystem
We are currently evaluating over
3,000 AgTech companies to
produce this year’s 2019 Market
Map
Download this edition @
www.AgTechInsight.com
©2019 AgTech Insight LLC
• Not setting strategy
• Too large of steps
• Not taking into account how things are today
• Top priority for China etc.
Considerations – Mistakes to Avoid
©2019 AgTech Insight LLC
• Increased international competition
• Consolidation
• Loose traditions
• US has gone too far
• De-centralizing
How Can Our Team Help?
✓Provide Consulting and advisory services to clients throughout the ecosystem
✓We utilize our global experience and network to bring real world solutions into an industry in its infancy
✓Build customized strategy for your organization ensuring success
©2019 AgTech Insight LLC
➢Get outside evaluations & support team
➢Build short & long-term strategy
➢Doesn’t happen overnight!
➢Work with industry to regulate as needed
➢ Set rewards for innovation
➢Come to events like this and keep up with trends
➢ Set your strategy and then act!
Long-Term Success
©2019 AgTech Insight LLC
We Can Help!
Aaron Magenheim, [email protected]
+1-831-595-6064
©2019 AgTech Insight LLC
Social Media
/AaronMagenheim
/AgTechInsight
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