Agribusiness (Agriculture & food) industry is the oldest industry in Thailand employing about 30% of the country’s labor force.
However, the economic growth is slow seeing from GDP contribution keeps declining (only 8-10% of total GDP).
The key issues that this industry is facing are
1) Low productivity of production,
2) Rising labor cost,
3) Price fluctuation among low added value products (raw crops or primary processed food).
To drive Thailand’s sustainable growth, we need to boost up Thailand strength, agriculture & food industry, by following solutions
1) Penetrate more technology to increase production productivity,
2) Add value to products i.e. differentiate products or create better customer journey
3) Enter high-value market (i.e. collagen, drug ingredients) by adding innovation and collaboration to other domestic & international players
LiB Consulting with international expertise could provide supports from strategy to implementation, i.e. the best practice of operation improvement, the new business formation based on multi-industry and international benchmarks.
To continue business under stagnated economy and prepare to create next growth, it is essential to keep cost under control to maintain profitability and competitiveness in a rapidly changing environment.
LiB Consulting has the expertise to diagnose cost structure, plan and implement cost reduction without negative impact to revenue. We can cut off unnecessary indirect cost, design lean manufacturing workflow, and optimize labor cost in order to increase profitability and create sustainable growth.
To create revenue growth among intense competition in the market, the sales & marketing operations need updated strategy to challenge changing customer behaviors and competitors’ movement.
LiB Consulting has the expertise on both B2B & B2C sales and marketing strategy, which proved by several track records (click to see track records). We are not only providing strategy and action plans, but also using our expertise on ‘Change management’ to ensure the implementation and results.
The coming trends of ageing society and slow population growth would limit some business growth. In addition, the entrants from domestic and international companies also accelerate the competition in the market.
New S-curve strategy is critical for players in the market at the mature to declining phase. LiB consulting with multi-industry and international expertise could provide the big picture and future scenario of the industry, and apply several international benchmarks & success cases to get more potential options for new business.
Showing international benchmarks of agribusiness players – how corporates/private sectors could help solve grower’s issues to create sustainable growth of the agricultural sector
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The client is Japanese branch of one of the top 5 ...Healthcare Industries Medical device