On 28 September 2018, SAP announced that CrowdFarmX will use S/4HANA Public Cloud to bring on-board 10 million Southeast Asian farmers over the next 22 years. Let’s find out from CrowdFarmX CEO David Tan on how they intend to do that in their mission to tackle world hunger!
How CrowdFarmX Aims To Tackle World Hunger With SAP!
The CrowdFarmX platform connects farmers directly to the global market and equips them with the technology know-how to deliver higher-quantity and quality yields, potentially increasing their net yield by up to 10 times and contributing towards global food sufficiency.
By leveraging the SAP S/4HANA Public Cloud, an intelligent ERP (enterprise resource planning) suite, CrowdFarmX will be able to accelerate the on-boarding process for farmers across Southeast Asia. Let’s find out from CrowdFarmX CEO David Tan on how they aim to accomplish that.
Currently, 80% of global food supply is provided by small farmers in a USD6 trillion-dollar industry, but these farmers receive low economic returns for their labour despite increasing consumer demand.
Through smart contracts, CrowdFarmX links them directly to wholesale distributors and retailers, helping the farmers to gain a greater cut of the selling price. Farmers can also leverage brand marketing and financing resources, as well as opportunities for exclusive partnerships with retailers to boost sales through Food Cradles that will be rolled out across the region.
The end-to-end visibility of the supply chain also increases food safety, ensuring that quality food such as pesticide-free produce gets onto tables.
How S/4HANA Public Cloud Helps CrowdFarmX
CrowdFarmX will leverage S/4HANA Public Cloud to drive and integrate production planning and management of associated business processes like sales & distribution, procurement, supply chain, finance control and monitoring.
The SAP S/4HANA Public Cloud reinforces predictive analytics for optimised growth, supporting integration of the supply chain with customers, and supporting the track and trace of safe produce from farmers. The SAP S/4HANA Public Cloud implementation is expected to go live in December 2018.
CrowdFarmX aims to impact more than 1,000 Southeast Asian farmers under a pilot phase by 2020, providing access to sophisticated agriculture technologies that were not readily available before.
This includes IoT irrigation monitoring systems and data analysis on micro-climates and soil moisture, enabling them to maximise the yield per square foot of land by up to 10 times. The higher levels of crop production secures food sufficiency for a growing world population especially amidst declining farmer populations.
Who Is CrowdFarmX?
CrowdFarmX is part of the Netatech Group of Companies, one of Singapore’s leading integrated solutions provider for water and food sustainability technologies. The CrowdFarmX Singapore Food Cradle was established in 2014, comprising of a high-tech greenhouse, automated seeding line, post-harvest packing and cold storage facilities.
With more than 20 farm technologists, researchers, agronomists at the helm, the CrowdFarmX Food Cradle engages in agricultural research and development, farm network connection and safe food production supplying to premium supermarkets islandwide.
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