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Impact of the Agricultural Supply Chain on Society: A Post-Covid Analysis

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  • Zhang, Shoucheng

Abstract

Over the past few years, the global agricultural supply chain has been shown to be extremely vulnerable to disruptions as a result of the Covid pandemic that has occurred over the last few years. Due to the COVID-19 pandemic, companies around the world have faced unprecedented challenges as well as the cross-border flow of components and materials in the agriculture industry as a result of the outbreak. Due to the ongoing challenges of climate change as well as the changing geopolitical landscape, such disruptions seem to be more frequent and intense than ever before. By leveraging digital technologies to find new ways to protect supply chains in an uncertain climate, farming is able to flourish in this dynamic environment of constant change and find new ways to secure their supply chains in an uncertain climate by leveraging digital technologies. In the context of the agriculture sector, the recent pandemic has had an impact on every aspect of the value chain, from the raw material sourcing in the farming sector to the final customer. Many small and marginal farmers around the globe are being tested in terms of their commercial, operational, financial, and organizational resilience, and this has highlighted the risks and resiliency gaps for many of these farms. It is impossible for any of us to predict what will happen in the future, but what we can do is learn from the past and prepare for the uncertain future. In spite of the fact it is clear now that many supply chains had become complacent in recent years, the urgency to create a supply chain which is able to adapt to the future is greater than ever. It is important to note that one silver lining of this situation is that we have the experience, the intelligence, and the technology at our disposal to resolve supply chain disruptions. Farmers should be able to use those pieces to create a solid strategy and execute on a supply chain transformation plan that makes the most sense for the farming community as a whole to be able to put the pieces together, come up with a solid strategy, and execute on it.

Suggested Citation

  • Zhang, Shoucheng, 2022. "Impact of the Agricultural Supply Chain on Society: A Post-Covid Analysis," MPRA Paper 115355, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:115355
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    File URL: https://mpra.ub.uni-muenchen.de/115355/1/MPRA_paper_115355.pdf
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    References listed on IDEAS

    as
    1. Wadsworth, James J., 1994. "Inventory Management Strategies for Local Farm Supply Cooperatives," Service Reports (SR) 280691, United States Department of Agriculture, Rural Development.
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    3. Bacon, J. Richard & Groff, Andrew J. & Gempesaw, Conrado M., II & Toensmeyer, Ulrich C., 1994. "The Market Potential For Farm-Raised Aquaculture Products In The Delmarva Region: A Survey Of Wholesale Distributors," Journal of Food Distribution Research, Food Distribution Research Society, vol. 25(1), pages 1-9, February.
    4. Alan Barkema, 1993. "Reaching Consumers in the Twenty-First Century: The Short Way Around the Barn," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(5), pages 1126-1131.
    5. Davenport, Scott V. & Lynch, J. & Douglas, Robert A., 1991. "Country Towns and Fluctuating Rural Fortunes - Is There a Case For Assistance?," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(03), pages 1-16, December.
    6. Tiwari, Siddhartha Paul, 2022. "Re-emergence of Asia in the New Industrial Era," SocArXiv g9tv5, Center for Open Science.
    7. Siddhartha Paul Tiwari, 2022. "Re-emergence of Asia in the New Industrial Era," Technium Social Sciences Journal, Technium Science, vol. 29(1), pages 471-480, March.
    8. Wise, James O. & Turner, Steven C., 1992. "Effects of the Farm Financial Crisis on the Profitability of Agribusiness Firms," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 10(2), pages 1-11.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Covid impact on society; post covid impact on agriculture; covid impact on supply chain; rural supply chain; post covid analysis on agriculture;
    All these keywords.

    JEL classification:

    • J43 - Labor and Demographic Economics - - Particular Labor Markets - - - Agricultural Labor Markets
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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