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Future Challenges for Biotech and Supply Chain in Agribusinessin Agribusiness
By Suzette Flores For IE Business Schoolapplication
With the global population expected to reach 9 billion by 2050,
and knowing that increasing world energy demand cannot be satisfied much longer with fossil fuels. Biotech & supply chains will face a huge preassure to increase crop production, use less resources and be able to supply to any location at competitive prices.
SupplyChain
Biotech
Sustainability
Cost
Reduce
dependency
on Oil /gas
Risk
management
Trust &
stakeholders
support
High preassure on
food & energy
supply at
competitive prices
Specialized
talent
Some of the key challenges that might be faced…
Cost
effectiveness
Regulation &
security
New business
models
Close gap between
developed and
under developed
economiesReduce
complexity
Public & private
collaborationProduct
traceability
Collaboration/
connectivity along
the chain
Sustainability
Biotech and supply Chain mightresolve the need of using less
Future Challenge for Supply Chain & Biotechnology…
resolve the need of using lessresources, consuming less energyand generating less waste.
Reducing complexity in SpplyChains will be encouraged toreduce transportation cost and footprint.
Specialized talent
More regulation and complexity willdemand more specialized talent.
Future Challenge for Supply Chain & Biotechnology…
It will be critical to close the gap between developed and developingcountries by fairly value peoplecontributions, to prevent braindrain.
Regulation &
security
With more globalization, restrictions and controls are
Product
traceability
Future Challenge for Supply Chain & biotechnology…
restrictions and controls are expected to increase when movinggoods across the world, speciallywhen biologicls, and GMO´s are involved in the production process.
Product traceability will be a mustat real time and at an affordabletechnology/price.
New Business
ModelsAs Biotech is still in a growing stage and organizations realize more and more about theimportance of their SupplyChain models in theirbusiness performance and
Future Challenge for Supply Chain & Biotechnology…
Chain models in theirbusiness performance and customers experience, it isstill a long journey todiscover how much theinnovation in these arenas could reshape the way wedo business and trasnformthe world.
Cost
effectiveness
Future Challenge for Supply Chain & biotechnology…
With biotech as a potential solution for health improvementand food supply, and the supply chains the means to deliverthose solutions to the humanity, the Nations anc Companieswill face the difficult challenge of making them available foreverybody, not only for a priviledge group of people.
Get Global responsibility on
Developing, leading and disseminating sustainability practices in supply
Chain
Creating new opportunities
and developing talent in the
Agribusiness sector
Which role would I like to play in the mid term in this sector?
Influencing
stake holders and facilitating the
adoption of biotechnology and
innovative Supply Chain approaches.
Help to improve the life of farmers and
customers specially in developing
countries.
Get Global responsibility on
Supply Chain where I can demonstrate that Supply Chain
could be not only a key contributor to results,
but a game changer in the organizations and
new business models.
Chain
References
• Alexandratos, N. & Bruisma J.(ed.) (2012), World agriculture: Towards 2030-2050, FAO.
http://typo3.fao.org/fileadmin/templates/esa/Global_persepctives/world_ag_2030_50_201
2_rev.pdf
