Agriculture, Food and Natural Resources Value Chain
As in any industry, consumers and technology drive what and how things are produced. Right now, personal health, sustainability and nutrition are significant drivers affecting agriculture, food and natural resources, but there are other market factors constantly weighing on these industries as well, including economics, governmental policies, the environment, ad demographics and more. Meanwhile, innovation makes involvement in these industries ever-expanding.
R&D
After determining trends in consumer preferences, research and development labs create innovative new processes, products and solutions to solve problems.
Pre-Production
Inputs like seed, machinery and data analysis are just some of the things needed to carry out the duties of the rest of the chain.
Production
Here, the raw materials needed for end products are produced. Crops are grown, livestock is raised, oil is drilled and coal is mined.
Supply Chain
Someone needs to turn raw materials into products and get them into consumers' hands.
End Product
When the end product of food, fuel, fiber, lumber or pharmaceuticals is ready, it is stocked for public use.
Sales, Service & Support
Advertising and marketing are used to inform consumers of their purchase options and lead them to stores.
Consumers
Finally, products at the end of the chain are ready for consumption.