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

Shoucheng Zhang

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Covid impact on society; post covid impact on agriculture; covid impact on supply chain; rural supply chain; post covid analysis on agriculture (search for similar items in EconPapers)
JEL-codes: J43 O1 O13 Q13 Q16 Q18 (search for similar items in EconPapers)
Date: 2022-08-16
New Economics Papers: this item is included in nep-agr and nep-ict
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Herald of the Russian Academy of Sciences 2.1(2022): pp. 4-11

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/115355/1/MPRA_paper_115355.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:115355

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().