Digital Transformation in Agribusiness Management: Evaluating the Role of Smart Technologies in Agricultural Productivity, Market Access, and Business Efficiency

Author: IBRAHIM MIA | ID: 27199320190102036

Reviewed by:
Lilac School of Agriculture & Food (LSAF)

Paper preview

1. Abstract
2. Introduction
3. Literature Review
4. Methodology
5. Findings 
6. Conclusion 
7. References

Abstract

In many nations, the digital transformation is transforming the way agribusiness operates. Agriculture has been freed from the constraints of land, labour and traditional market systems. Today, farmers and agribusinesses are using smart technology to boost their efficiency. The importance of digital transformation for management of agribusiness is discussed in this study. It highlights agricultural productivity, market access and business efficiency. The report describes how tools like mobile apps, web platforms, sensors and data systems assist farming activities. These instruments can assist farmers to be aware of weather, soil, crops, prices and customer demand. They can also help cut waste and make smarter choices. The report also examines the role of digital technology in improving market access. Many small farmers have trouble connecting to customers and getting fair pricing. Online agricultural platforms will readily connect farmers, suppliers, merchants and customers. This can speed up and improve transparency in the supply chain. Digital payment systems and online communication can also help create stronger corporate ties. Another significant aspect is the efficiency of company. Agribusinesses need to be well planned, have stock control, delivery systems and customer management. Smart technology can be utilised by managers to track products and eliminate operational delays. They can also aid in budgetary planning and quality of service. But there are obstacles with digital change. Many farmers may be untrained, have no internet access, no capital and no technological skills. These concerns can diminish the advantages of smart technologies. The article discusses how digital transformation might generate tremendous potential for modern agribusiness. It can boost efficiency, market access and corporate performance. At the same time, they need sufficient training, investment and policy assistance. The study concludes that Digital Agribusiness can help in the sustainable growth of agriculture. It can also help farmers and companies be more competitive in the future.

References

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Keywords

digital agribusiness, smart farming, agricultural productivity, market access, business efficiency

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