E-Commerce: Impacting the way we do business!? Kip Pendleton AgriStar Global Networks What I Know…So Far Or For Now • Connectivity is Frustrating • Channels Count – Relationships Count • Companies are trying to Cooperate/Collaborate • Complexity results in Decision Making Timelines Food & Feed: Under Radical Change •Mad Cow •GMO •StarLink •GoldKist Chickens The Opportunity Ahead Is Integrated Communications Procurement Training CRM/Database E-Business E-Commerce Product Information 24/7 Service Business Focus 2001 1. Develop Core Internet Business – – New Platform launched Marketing services/Ads/Storefronts 2. Integrate with Retail Partners – Pilot Programs 3. Develop “Catalog” Business – Extend online to an off-line business Technology Bricks, Clicks & Revenue US Farmers Elements of Certified Supply Information Collection, Storage, Access, Analysis Monitor Compliance Manage Delivery from Farm Test Farmer Test Separate, Store Certification Specifications Test Customer Establish Producer Contracts Manage Delivery to Consumer What is the Future? The Future: Value Creation in a Global Marketplace Information Technology Consumption Logistics, Production & Manufacturing Information • Cost per Information Dropping • Ticket to game – consumer/market expectation • Periods of value and no value • Grain & Animal ID Technology • Communications – Streaming & Seamless • Broad Band - Always on, two way & very fast – Hughes to personal • Seamless - Blue Tooth • New Technology – Knowledge Mapping • ValiGen – DNA “snips”, 18 months, not GMO Consumption • • • • Specific Quality Consistent Batch/Flow Specific Traits Closed loop systems The Opportunity Ahead Is Integrated Communications Procurement Training CRM/Database E-Business E-Commerce Product Information 24/7 Service Logistics, Production & Manufacturing • Systems Approach that blurs Manufacturer, Producer & Channel • Markets of Many • Information Links Year Round Provide Market Value • Who You Are & What You Do Will Create Opportunities • Storage & Movement The Future of Technology & How it will Change Agriculture It is a Business! What is the ROI? Thank You! Questions?