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An Analysis of the Impact of Agricultural Supply Chains on Society: A Post-COVID Perspective

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  • Dayal Saraswat, Kinshuk

Abstract

As a result of the Covid pandemic that has occurred over the last few years, the global agricultural supply chain has shown itself to be extremely vulnerable to disruptions as a result of the disruptions caused by this pandemic. In the wake of the COVID-19 pandemic, companies around the world have faced unprecedented challenges as well as challenges relating to the cross-border flow of components and materials in the agricultural industry as a result of the outbreak. It seems that such disruptions are more frequent and more intense than ever before as a result of the ongoing challenges of climate change as well as the changing geopolitical landscape. As farming is able to flourish in this dynamic environment of constant change by utilizing digital technology to find new ways to protect supply chains in an uncertain climate by leveraging digital technologies, they can find new ways to secure their supply chains in an uncertain climate by leveraging digital technologies. This recent pandemic has had a profound impact on every aspect of the value chain in the agriculture sector, from the raw materials sourced in the farming sector to the final consumer, all of which are affected by the recent pandemic. The commercial, operational, financial, and organizational resilience of many small and marginal farmers around the globe is being tested. This has resulted in a number of small and marginal farmers being exposed to risks and exposing their resiliency gaps as a result. Considering that none of us can predict what is going to happen in the future, we can only learn from the past and prepare for the uncertain future that lies ahead of us. Although there's no doubt that a lot of supply chains have become complacent over the past few years, the urgency to implement a supply chain which can adapt to the future is greater than ever with the discovery that many have become complacent over recent years. One silver lining of this situation is that we have the experience, the intelligence, and the technology available to us at all times in order to resolve supply chain disruptions as quickly as possible.

Suggested Citation

  • Dayal Saraswat, Kinshuk, 2023. "An Analysis of the Impact of Agricultural Supply Chains on Society: A Post-COVID Perspective," MPRA Paper 116864, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116864
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    global supply chain; agriculture; technology advancement; digitalization; nearshoring; pandemics;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • 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
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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