Australian agribusiness operates in a global environment; it is exposed to the volatility of international markets and strong opposition from well-resourced international competitors.

Structurally, Australian agribusiness is being reshaped by a range of developments encompassing National Competition reviews, privatisation, deregulation and industry consolidation. Significant change is also being introduced via information technology advancements. Issues such as branding, customer care, specialised logistics, closed loop marketing and sophisticated risk management mechanisms are of increasing importance. Changes in genetic engineering, the environment, food safety, quality assurance and natural resource issues highlight the dynamic nature of the challenges and opportunities facing agribusiness.

Kronos Corporate, can assist Australian agribusiness address these complex issues by developing practical and value-creating solutions via various service lines, including but not limited to:

•  Risk Management

•  Strategy Development

•  Industry Review

•  Supply Chain Management

•  Regional Development

•  Project Management

•  Mergers & Acquisitions

•  Executive Recruitment

Risk Management

Management of existing operations and evaluation of new market opportunities present many and varied risks. Disciplined risk management is critical to the long-term viability of the majority of agribusinesses with specific industry knowledge being essential to identify and monitor all relevant risks.

With global experience in agribusiness risk management that spans more than two decades, Kronos Corporate can assist clients by reviewing marketing plans and policies, completing market viability audits and establishing and/or reviewing risk management guidelines.

Kronos can review, or assist create, a trading business or a new supply management group. Kronos Corporate has the experience to assist the client to manage the specific risks involved in Australian agribusiness via provision of the following Risk Management services:

•  Risk Management policy design

•  Risk Management reviews

•  Business risk identification

•  Value at Risk - introduction, refinement or review

•  Linking Front, Middle and Back Office Risk Management activities

•  Advice to Board and Executive Management Committees on all risk issues

Strategy Development

Kronos understands the importance of aligning strategy with goals, values and objectives. By systematically undertaking project analysis, identification of core competencies and competitive advantage, and analysis of relevant factors in the external environment, Kronos is able to offer a complete package in strategy development via provision of the following services:

•  Vision / Long term business strategy development

•  Business growth opportunities

•  Marketing strategy development and management

•  Aligning business strategy with business operations

•  Aligning divisional and individual KPIs to business strategy

Industry Review

Government involvement in agribusiness will continue to decline. This evolution presents a wide range of opportunities and challenges that need to be addressed.

Trading and pricing policies, cultural change, production cost effectiveness and the cost and quality level of customer service will all need to be reviewed by impacted agribusiness.

Kronos Corporate has the skills and the experience to assist in areas such as corporatisation and privatisation, marketing, strategic planning and implementation. Kronos has local and global experience that will enable clients to exploit the transition from regulated and inflexible marketing structures, to a dynamic environment.

Kronos offers the following services in regard to Industry Review:

•  Benchmarking

•  National Competition Policy Reviews

•  Submissions to Government

•  Assessment of agripolitical organisations

•  Structure Reform

Supply Chain Management

Supply chain efficiency is critical to the ongoing success of agribusiness.

Kronos Corporate focuses on removing supply chain inefficiencies spanning producers, transport and storage providers, marketers, processors and retailers. With proven methodologies that will allow agribusiness to be responsive to the increasing demands of consumers and retailers, Kronos can assist in the optimisation of supply chain costs to achieve exceptional customer outcomes.

Kronos offers the following services in the area of Supply Chain Management:

•  Customer Service Review

•  Inventory Management Services

•  Alliance Development Strategies

•  Procurement Review

•  Transport and Warehousing Services

Regional Development

An integral component of any progressing economy is an expanding and improving regional economic network.

Kronos Corporate can assist governments, agencies, large and small businesses and individuals in assessing business opportunities and undertaking feasibility studies for potential projects in regional areas.

Kronos can actively assist attract new and profitable industries to regional areas. As increasing emphasis is placed on developing regional centres, it is becoming apparent to investment attraction bodies they need to have proven business rationale to support any proposals aimed at attracting private sector funds to a regional location.

We can develop investment strategies and undertake regional economic studies to assist investment attraction bodies construct regional marketing plans. The key success factors in developing regional networks is understanding the economic viability of bringing together key stakeholders and highlighting to them the business opportunities that will arise from a regional development plan and marketing strategy. Our consultants have extensive experience in facilitating stakeholder discussions and implementing market development plans.

Specifically, Kronos can assist with:

•  Financial Modelling

•  Changes to Industry Structure

•  Investment Analysis

•  Business Plans

•  SWOT / Option Analysis

Project Management

Project Management is a specialist skill that requires the ability to effectively coordinate the right people, with the right skills to achieve the objectives of the project on time and within budget. Kronos consultants are particularly strong in all areas of project management. Our consultants have successfully managed the implementation of such diverse projects as HR Systems, Procurement Systems, Accounts Payable Systems, and a variety of Business Process Review Projects across entire organisations and many others.

Kronos offers the following Project Management Services:

•  Industry Diagnostic

•  Business Plans / Modelling

•  Feasibility Studies

•  Cluster Development

•  Economic Development

•  Attracting Development

Mergers and Acquisitions

We are seeing ongoing consolidation of agribusiness in a number of areas. Kronos can help the change management process of undertaking a merger or acquisitions to run smoothly. We recognise that although it can be exciting, incorporating or joining with another business entity is burdened with difficulties.  Kronos can identify the strengths and weaknesses in the merger or acquisition, and working closely with clients to provide a strategy on how to achieve the best outcome. 

Specifically, Kronos offers the following services:

•  Due Diligence

•  Market Analysis

•  Target Selection

•  Advice on Purchase

•  Business Integration

•  Expert Reports

Executive Recruitment

Australian agribusiness is undergoing fundamental change. Much of this change has been brought about by competition, the globalisation of markets, electronic commerce and biotechnology.

It is those businesses who actively embrace the changes and rise to meet the challenges that will succeed in the future. Kronos search and selection capability will assist clients to make the right choices in resource development.

Kronos is able to provide the following services:

•  Fit to Organisation

•  Resource Selection

•  Agribusiness Database

•  Interim Management

•  Temporary Resources