Southern New Hampshire University
People, Planet, and Profit
Farm-to-Table and the Triple Bottom Line
QSO-321
Farm to table movement has increased in demand after the COVID 19
crisis due to the lack of jobs and vacancies and imported goods to be so
expensive to bear. Also, the crisis has made everyone realize that we can
create demand for local production more if we want to. So that awareness
has spread even greater because of the crisis. It is not difficult to implement
farm to table movement when you have supermarkets available and you can
make distributors a manageable margin to make the sales faster to grow the
farmer business and drive more production in order to meet the demand. as
a supermarket, we need to know about the possible increase in demand for
suitable products like fruit, herbs and vegetables. After that, we can
broaden the vision by providing restaurants, schools and grocery stores
according to their need and margin. There are separate ways to provide the
sales tactics by putting farm to movements on Sale like giving Off on prices
by 30-40 Percent like the brands these days apply to their products. This
would give advantage to products over imported items and would let the
local market grow. Another advantage we can create is through data
analysis about where we need the most demand for local products and
where local products are selling more then we can increase the sale there by
using those areas for specific marketing about those products.
With that discussion we have benefits for the supermarkets to implement
this strategy or principle. It will boost the market value and sustainability to
the business as there wouldn’t be any crisis to import anything. This also
would give the local market trust on the business to prefer product
promotion on our business thus providing the Brand value which we can
cash out. But there are risks involved in this too. It's about the shortage in
any stock that can leave the business miserable as well. Because this
happens a lot in the market that stock goes short due to incapacity of
production in the local market. That’s why the risk can be managed by
using the local assets like distributors and other third parties but that could
cost some extra margin.
Applying the farm to table principle means to establish PR with the local
business and that can provide the means to support the cause as a COO.
Building impact on the market needs PR with the local vendors and
providers, this can take time but also this will be the key factor for the
market to rely on supermarkets if they have what it takes.
References
Liza. (2022, December 10). Farm to table process: Tracking food through
the food industry [2023]. MindsetEco. Retrieved January 26, 2023, from
https://mindseteco.co/farm-to-table-process/
SupplyChainX. (n.d.). How farm-to-table really works. SupplyChainX.
Retrieved January 26, 2023, from
https://supplychainx.highjump.com/farm-to-table.html#:~:text=In%20this%
20supply%20chain%20model,also%20be%20coordinated%20with%20the