Future Studies

 

     To fully evaluate the export potential of MiniBulk agricultural storage bags, more information should be gathered.  It is not currently known how receptive farmers will be to this product, and how much they will be willing to spend.  In advertisement, it is important to educate farmers on all of the benefits these bags afford (see in Part 2: Nepal’s Needs and Bag Benefits).  Once farmers understand what they can gain from MiniBulk agricultural bags, it is a matter of determining how much of their budget they will be willing to spend on this product.  If it is worth the final cost of the product, it may be a profitable venture.  However, even if it is not economical to export these bags from Canada for the quantities that Nepalese people will purchase, it is likely that bag supply companies in Asia can successfully fulfill the need (see in Part 2: Competition).

     Going forward, it is very important to address that managing and marketing training may help Nepalese farmers sell their seed and grain (Witcombe et al., 2010).  MiniBulk’s option to print logos on bags can work into marketing strategies.

 

 

 

 

Critical Summary and Recommendations

 

     Agricultural storage bags are extremely useful products that are made internationally and used worldwide.  They can provide numerous benefits to Nepalese farmers, especially after the earthquake of April, 2015 (FAO, 2015).  It is beneficial for Nepal to import agricultural storage bags from a company that supplies a variety of sizes, breathability choices, and styles.  MiniBulk may be an option at times when overall pricing is optimal, and in coordination with the SAK Nepal project (MiniBulk, 2015; Raizada, 2015a).  It may be ideal for Nepal to seek import of this product from numerous countries, and support the companies bringing them the best quality and price over time.   Making connections with reputable retail companies and supply chain networks that are trustworthy to do business with should aid in having access to the product at times of high demand.  For Canadian companies to be potential exporters in the future, they must optimize transportation cost and delivery time efficiency.  There should also be investigation into advanced storage technologies that produce similar results to GrainPro storage bags.  Reducing production costs of this type of technology would make a company much more competitive on a global market.

     Overall, agricultural storage bags will be a beneficial investment for the farmers of Nepal.  The country has numerous choices for companies to most cost-effectively import the bags from.