Consumer Behavior Analysis in the Agricultural Food Supply Chain: A Strategic Perspective

• Author(s): Kehinde Teniade Adesiyan
• Paper ID: 1706528
• Page: 318-329
• Published Date: 14-11-2024
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 8 Issue 5 November-2024

Abstract

This paper examines how consumer behavior influences supply chain strategies in the agricultural food industry. As consumer preferences increasingly shift toward organic, locally sourced, and sustainable products, businesses are compelled to adjust their supply chain operations to align with these changing demands. By analyzing consumer behavior, companies can optimize decision-making processes, enhance product development, and improve demand forecasting. As preferences for organic, locally sourced, and sustainable products continue to rise, businesses are required to adapt their supply chain operations to meet these evolving demands. By examining case studies such as the impact of rising consumer demand for organic products on the supply chain of a leading agricultural company, alongside the strategic use of digital marketing campaigns to target specific consumer segments, this paper offers a comprehensive analysis of how businesses are adapting to diverse and evolving consumer expectations. This study notes the importance of customer segmentation, demand forecasting, and consumer engagement strategies in ensuring the long-term sustainability and efficiency of agricultural supply chains. By utilizing customer segmentation, businesses can better target specific consumer groups, such as those focused on price, quality, or environmental impact, allowing them to plan their supply chain strategies accordingly. These segmentation efforts enhance consumer engagement and are crucial in customer retention. The findings describe the importance of integrating consumer behavior insights into supply chain management to ensure long-term sustainability.

Keywords

Consumer Behavior, Agricultural Food Supply Chain, Product Development, Demand Forecasting, Customer Segmentation, Consumer Preferences, Supply Chain Strategies, Customer Retention, Sustainability.

Citations

IRE Journals:
Kehinde Teniade Adesiyan "Consumer Behavior Analysis in the Agricultural Food Supply Chain: A Strategic Perspective" Iconic Research And Engineering Journals Volume 8 Issue 5 2024 Page 318-329

IEEE:
Kehinde Teniade Adesiyan "Consumer Behavior Analysis in the Agricultural Food Supply Chain: A Strategic Perspective" Iconic Research And Engineering Journals, 8(5)