How will the quarantine affect the agro-sector?
If you look locally, most agro-companies have approved the budget for 2020, built on a certain strategic scenario. Under the present conditions, neither the budget nor the approved strategy of development of any company, regardless of the sector of the economy, is absolutely irrelevant.
Now we need to forget about everything quickly. To gather strength and develop three scenarios of development: Optimistic, medium, and worst.
The crisis began. To close eyes, not to believe in circumstances, to search for experts’ opinions, to positively adjust itself to spring emotions — business is not forgiving.
We open the schedule of the SP500 index and see that in the last 12 years the monthly fall in March 2020 is 17,38%. Before that, the record was at 17,26% in October 2008. To write what was in late 2000, probably not necessary. Some experts who do not see the dependence of the Ukrainian agro-sector on the world economic trends, we respect very much, but we have our own opinion.
It is also necessary to understand that the crisis for employees is stress because the usual model of work is destroyed and it is here that everything should be started with adaptation. In order to move to the system with stress, it is necessary to structure its activity. Fast!
It is important to set priorities, discard what is not important, and focus on the most important things at this moment.
The coronavirus pandemic will accelerate the derealization and automation of agribusiness
Maximum automation and business digitization is the message we have on the market.
We believe that the global situation against the backdrop of the coronavirus pandemic is rapidly reorienting the business objectives as quickly as possible. Who is aware, he understands that in the court of 2020. These are agro-producers who:
Have already transformed, reoriented, automated business processes of their companies through it-solutions or are in process;
• have created cross-functional commands for these specific tasks;
• rank problems, focus on actual problems, solve them quickly without thinking, etc.
Today, on the contrary, skeptics are fewer and less, because agro-companies with organized, systematized business processes using DJs are far ahead. This fact cannot be hidden and closed in his eyes.
The choice is obvious. How will it help you increase efficiency and maintain a competitive advantage during the crisis? take the example of three basic AgriChain products that have been implemented, operate, and proven to be cost-effective.
Having introduced this module, agro-producer, which has a rented land bank, once and forever will solve the most urgent problems:
audit of reference and attribute data related to land use;
the differences in the area of the sites that lease and process its enterprise;
lack of reliability and untimely documentation of land lease agreements;
absence or incomplete display of information about the exchange sites;
the human factor in the process of moderation of relations with the shareholders.
AgriChain Farm. Introduce and forget about the urgent problem of operational management in agro-production, namely:
Inappropriate use of parts and equipment;
failure to comply with the norms of technological operations execution;
complicated document flow between production departments;
lack of clear and fast communication between production workers;
an overstated number of employees;
untimely display of information, which makes it impossible to make managerial decisions;
the higher production cost of plant production;
poor agro-production performance.
This it-solution is built to solve problems of management of crops monitoring. Having bought and introduced it at the company, the manager of the company can always quickly:
to obtain accurate and up-to-date data, reliable forecasts and estimates, and as a result — to understand the real condition of crops for effective control and making good managerial decisions;
timely detection of risks — diseases, pests, and weeds to make decisions on their prompt elimination, which will lead to crop control;
timely get up-to-date data on forecast yield, and as a result of deviation of the spent and income part from the plan.
Summary: The land is organized, production processes are built and systematized, the condition of the crops is controlled, and the reaction to potential risks online.
How AgriChain works during Quarantine AgriChain is IT-company. All the work, processes, and interactions were established using information solutions, therefore the transition to online mode took place in a few minutes — painless and comfortable. We see advantages for ourselves and many companies in the market in remote work, first of all, saving time and saving on office costs.
We hear from market partners that there are three main problems of working at home: Possibility of loss of control, reduced communication and efficiency
From the very beginning of its existence in AgriChain all tasks and processes are modernized with the help of the Clickup system. Tasks are planned, executed, and controlled 24/7.
Communication processes are established on the basis of the slack platform, working groups work in Telegram messenger, video statuses, and selection of actual issues are daily held in Skype.
We understand that communications should be regular. The meetings, short summaries of the working day, and the week — are retrospectively important. When people work remotely, they should feel part of the team and understand that they are part of a big business.
As for the efficiency, as the first days of 100% of the remote work showed, it does not decrease. The work goes clearly according to the schedule, according to the pre-developed plans.
Briefly summing up, AgriChain team and our it solutions were ready from the very beginning of their existence for such challenges of fate. How do they say: We are about online or not about online?
In summary, we can state that the world will change after the coronavirus pandemic, business will be mobilized and reviewed, focusing on maximum efficiency in uncertain conditions, and it and the instrument will become the basis of this process.