Here's how you can evaluate your performance in agribusiness using key metrics.

Data rich, information poor! I see many livestock companies from eastern Asia to Europe and the Americas, and it is always the same situation. Data collection (both observational or from sensors and equipment), properly treated, integrated, cleaned and cured (this takes 80 % of the time at least), generating adequate reports to that company, properly distributed (the right information, at the right time to the right person) and finally analyzed by the person with the knowledge and responsibility associated to make a decision and putting that at work in the real world, is something that sounds good but quite often is not done well. Without this process, it is impossible to work with reliable KPIs. We need new roles like the KPIs manager.

Yield analysis is a critical aspect of manufacturing processes, especially in microsystems manufacturing. Here are some key points: Importance of Yield: Yield refers to the percentage of products that meet pre-defined performance specifications during manufacturing. High yield is desirable because it minimizes the number of defective products and reduces costs. Conversely, the percentage of products that fail to meet specifications is called the “scrap rate.”

Yield analysis is pivotal in agribusiness, reflecting land and labor productivity. By measuring crop output per unit area, it assesses farming practices and inputs effectiveness. Monitoring yield trends helps identify potential issues, ensuring sustainable and quality production.

The primary goal of yield analysis is to identify and address factors that contribute to lower yields and to optimize the production process to maximize the yield. By understanding the causes of yield loss, manufacturers can take corrective actions to improve product quality, reduce waste, and enhance overall productivity.

Yield analysis of Crop, what is the production of crop & what price of the crop got. Financial Analysis of every crop. New Innovation for the cultivation & harvesting of the crop.

Financial health is crucial, with metrics like net income, ROI, and cash flow providing insights into profitability and liquidity. It's important to understand these figures to make informed decisions on cost management, pricing, and investments in technology or equipment.

In addition to these numbers, it is also essential to consider breakeven analysis, which holds equal importance. Agribusiness ventures typically require substantial capital investment from the outset. While many of these initial costs are typically capitalized, it's crucial to maintain a clear path to profitability. This clarity enables effective tracking of progress and ensures that the business remains on course for financial success.

Small-medium agribusiness have to continuously work towards achieving financial health. The ability to track Key financial metrics, measure profitability of your investments relative to cost, is improved by adopting digital solutions that integrate farm business operations with finance. ERP systems that can integrate with other farm solutions create an ecosystem that balances the operations and finance KPI’s.

Any serious business plans to succeed. Financial health check up helps businesses navigate throughout the journey. You want to know if you are making money, sweating your assets enough, if there is capacity to buy that new or fairly used equipment or just keep maintaining the one you've had for over 10 years. You also want to be sure you can seize opportunities that show up from time to time from what you have saved in your reserves. Personally, i think financial health is the blood of the business, you cannot live without it.

Financial health, cashflow, is the essential ingredient in all businesses for survival and success. The challenge with agribusiness is in the timing with all the money going out to grow the crop and then income that comes after the end of the growing season which may span another 6-12 months after. Having a solid and strong working capital balance is essential for agribusiness. Two years' of costs is required to ensure long-term success as this allows for a bad year, whether yield or pricing, and still have funds to cover the input costs for the following year.

Keeping abreast of market trends is vital for aligning your business with consumer demands and price changes. Track commodity prices and demand cycles, and understand global events' impacts to strategically time sales and optimize crop choices.

Staying tuned to market trends is essential for aligning agribusiness with consumer demands and price fluctuations. You should monitor commodity prices, demand cycles, and the impact of global events on trade. This knowledge can influence your crop choices, marketing strategies, and timing of sales. By staying informed about market trends, you can position your agribusiness to capitalize on favorable conditions and mitigate risks associated with adverse market changes.

Readiness with set up like collateral arrangement and Warehousing so as to hedge any market fluctuation is also worth considering

Tendencias del mercado, mantenerse informado sobre las tendencias e implementar esa visión en el negocio da una posición privilegiada a la empresa y grupo que lo lidera, así mismo ser disruptivos y dar dirección a las tendencias creando las propias mediante el estudio de qué quiere o qué puedo brindarle a mi comprador, consumidor y atreverse a probar y rompe paradigmas. Crea mejores oportunidades de mercado y negocios exitosos.

I am a firm believer, avid supporter that accurate market insights is critical for achieving a healthy balance sheet, retaining market access, scaling and growing your agribusiness. With accurate market insight, key drivers and market demands provide sustainable and long and short term market access for local and international markets. Identifying the opportunities within the insights will provide agribusiness and farmers the means in which to attract new buyers, maintain current market share and expand on their existing farming and agri businesses.

Resource efficiency focuses on maximizing input use while minimizing waste, crucial for cost reduction and sustainability. Measure input costs per output unit to enhance the cost-effectiveness and environmental sustainability of your operations.

Target-focused resource allocation that is integrated into an interconnected set of goals and strategies is imperative to improving an organizations efficiency and effectiveness.

Tech driven approach to optimize available resource to its best utilization is the key. Optimum utilization of resources and exploring cost effective resource will always be helpful

Desde el enfoque ambiental; se centra en agregar valor a toda salida del flujo del proceso convirtiéndose en un bien aprovechable y maximizar su uso. También por desconocimiento se ve afectado por prácticas equivocadas, ejemplo: En la opción de compra de un agroquímico X cuyo costo es menor al estándar comparado a otro agroquímico B, cuyo costo es estándar o superior. suelen elegir el de menor costo; sin embargo, X contiene metales pesados en grandes proporciones y B escasamente o definitivamente no los tiene; sin medir el da?o insustituible y caro que es introducir metales pesados en su suelo. Elegir un buen insumo debe apoyar prácticas agrícolas sostenibles importantes para nuestros consumidores, compradores y organismos reguladores.

Target-focused resource allocation that is integrated into an interconnected set of goals and strategies is imperative to improving an organizations efficiency and effectiveness.

Customer satisfaction influences market share and brand reputation. Utilize surveys, reviews, and direct feedback to gauge customer perceptions of product quality and value. High satisfaction can lead to repeat business and referrals, essential for competitive markets.

Avaliar o desempenho no agronegócio é essencial para o sucesso. Destaco a satisfa??o do cliente como uma métrica-chave. Baseado em minha experiência, destaco: - CSAT (Customer Satisfaction Score): Mede a satisfa??o do cliente com produtos ou servi?os específicos, geralmente em uma escala de 1 a 5. - CES (Customer Effort Score): Avalia o esfor?o necessário para os clientes alcan?arem seus objetivos ao interagir com a empresa. - NPS (Net Promoter Score): Mede a disposi??o dos clientes em recomendar a empresa para outras pessoas, em uma escala de 0 a 10. Essas métricas ajudam a entender a percep??o dos clientes sobre a empresa e seus produtos, fornecendo insights valiosos.

Customer satisfaction is now a days getting transformed to customer "delight" Basic things are now available across all players, but , one who can manage above basic will be the winner

La satisfacción del cliente pero sobre todo una experiencia positiva; es la clave que define el éxito del negocio; allí se concreta todo el esfuerzo hecho para obtener productos de calidad, ya que el cliente puede definir una compra en función de como se sintió; aplique y centre en el usuario toda la experiencia y no escatime en exceder para lograr los resultados ganadores.

Atingir o nível de satisfa??o do cliente, é edificar uma rela??o permanente e positiva para todos os envolvidos. Para tanto, é primordial entender que os feedbacks gerados, dever?o ser medidos, avaliados e tra?ados planos de a??es com melhorias contínuas.

Assessing innovation impact involves evaluating new farming techniques, technologies, or products. Measure changes in productivity, cost savings, or market expansion to determine the success of innovative practices, which are key to future growth and resilience.

A indústria agrícola moderna está altamente focada na cria??o de novas tecnologias para enfrentar uma variedade de desafios, desde aumentar a eficiência da produ??o até combater as mudan?as climáticas. A inova??o tecnológica no campo agrícola inclui também o desenvolvimento de bioinsumos que emerge como uma prática inovadora capaz de aumentar significativamente o rendimento das culturas enquanto promove a sustentabilidade ambiental. Isso é essencial, especialmente em um contexto onde o monitoramento das tendências de produtividade indica a necessidade de práticas mais regenerativas e menos invasivas para evitar problemas como o esgotamento do solo, praticando uma agricultura verdadeiramente eficaz e responsável.

Remember, the specific metrics you focus on may vary based on your unique goals and the nature of your operation. Regularly track your progress in chosen areas to ensure forward progression. As English mathematician Karl Pearson wisely said, “That which is measured improves. That which is measured and reported improves exponentially.