AGRIVI 360 Agriculture Supply Chain: Monitor the sustainability and integrity of agricultural supply chains and ease ESG reporting requirements
Summary
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Details
Deep dive
Main Features
Real-time Data Analytics: Provides insights and analytics on various aspects of the agricultural supply chain, helping stakeholders make informed decisions. The software also allows for predictive analytics, supporting proactive agricultural chain management.
Supply Chain Traceability: Helps track the entire journey of agricultural products from farm to table, ensuring transparency and accountability. This feature helps in verifying sustainable practices and meeting regulatory requirements.
Sustainability Reporting: Generates reports on environmental impact, resource use, and adherence to sustainability standards. This helps farmers and agribusinesses monitor and improve their sustainability performance.
Resource Management: Optimizes the use of water, fertilizers, and pesticides, reducing waste and environmental impact. It promotes precision farming techniques that contribute to sustainable agriculture.
Integrated Farm Management: Offers tools for planning, monitoring, and analyzing all farm activities, ensuring that sustainable practices are integrated into everyday farming operations of all farms in the supply chain.
Target Users
Cooperatives and Farmer Associations: There are 1.2 million cooperatives across the world (source: EOS), forming a key component of the upstream of the agricultural supply chain. There are over 20,000 agricultural cooperatives in Europe according to the European Union and over 150,000 in India, according to the Food and Agricultural Organization (FAO). As their downstream partners including food and beverage companies increasingly emphasize sustainability issues, cooperatives will also need to be equipped to show how they are implementing sustainable agricultural practices.
Food and Beverage Companies: With a market estimated at $7.2 trillion in 2023 (source: GlobeNewswire), the global shift from voluntary to mandatory sustainability reporting (for example, the EU’s Corporate Sustainability Reporting Directive) is expected to affect many multinational food and beverage companies. The AGRIVI 360 Agriculture Supply Chain software enables food and beverage companies to develop traceable food-sourcing processes and manage farmer contracting activities while securing quality, food safety, sustainability, and transparency.
Pricing
Exact price information about the 360 Agriculture Supply Chain software is not disclosed by AGRIVI on their website or elsewhere in the public domain. For accurate pricing information, potential clients might wish to contact the company directly. AGRIVI may provide custom quotes based on the specific needs and requirements of individual cooperatives or food and beverage companies. This allows them to tailor the pricing to fit the scale and scope of each client's operations effectively.
Case Study
Client: Procesadora Tropical (Peru)
Background: Procesadora Tropical is an agro-industrial company in Peru, engaged in the processing and exporting of a variety of tropical crops such as plantain, cassava, cocoa, ginger, and pineapples. The company directly owns 200 hectares of farmland and relies on local farmers working on an additional 1200 hectares. They also emphasize sustainable agricultural practices, including the responsible use of resources and environmental conservation and collaborate with local farmers accordingly.
Challenge: Managing data from their farming operations and those from hundreds of associated farmers which proved to be a major challenge, with several Excel spreadsheets to work through. The difficulty in integrating data from these multiple sources impeded effective planning. A central platform was therefore needed to standardize operations across the network, facilitating field monitoring across the board.
Solution: The AGRIVI 360 Agriculture Supply Chain software made it possible for Procesadora Tropical to keep track of multiple farms, both those under direct control and those of their associates.
Impact: Exact information about how the use of the software affected specific agricultural sustainability indicators (climate footprint, resource use, impact on livelihoods, etc) in the company and its associated farms are not publicly available.
Market Outlook
The market for agriculture supply chain management, valued at $810 million in 2023, is projected to reach $2.14 billion in 2030 (source: Spherical Insights), driven by the expanding usage of cloud-based software in agriculture. Key software providers in this sector include Bext360, GrainChain, Intellync, and Geora Ltd. The intensification of reporting requirements by regulatory agencies in the global drive towards sustainable agriculture requires companies’ access to reliable supply chain data. In Europe, for example, large listed companies since 2024 are required to produce an annual sustainability report with more listed companies including SMEs expected to do the same in the coming years. Hence, software solutions such as the AGRIVI 360 Agriculture Supply Chain are likely to experience greater demand.
The adoption of agriculture supply chain software poses some challenges, arising especially from the unique nature of the agricultural industry and the specific needs of its stakeholders. These include difficulties with data integration and standardization; limitations in technological infrastructure in specific locations; difficulties in stakeholder coordination in often complex agriculture supply chains; as well as the emerging challenge of data security and privacy. Tackling these challenges requires a joint effort from technology providers, agricultural professionals, and policymakers to build supportive environments leading to the successful adoption of agriculture supply chain software.
