Challenges in Agri Industry
Transparency is the major problem in the agriculture industry.
Consumers and farmers are not aware of the market price, demand, and availability of goods in the area.
There are a lot of middlemen involved in the process of buying and selling goods.
The involvement of middlemen makes the process more costly and complex.
The income of farmers is highly volatile and depends mainly on the weather conditions, market demand and the variable market rates.
The market rates are highly volatile and totally in control of the store holders. There is a big chain of middlemen between the consumers and the producers.
The farmers get a meager price for their goods and all the profits are made by the middlemen.
In the case of developing economies, farmers have limited access to financial resources.
There are some common problems in food supply chains such as food traceability, food safety and quality, food trust and supply chain inefficiency, which add additional risks to the entire society, economy and the health of humans.
Many farming organizations aren’t prepared to utilize cutting edge technology to deal with their inventories.
Last updated