Global nutrition, commercial and natural security could be improved by adopting Physical Resource Theory (PRT) in agriculture, wrote Michael Ferrari, managing partner at Atlas Research Innovations. The theory is based on the idea that a farmer can use physical resources to produce more food than he consumes. Ferrari said applying PRT could help spread the risk of raw material shortages and increase system flexibility in the event of disruption.
Global nutrition, commercial and natural security could be improved by adopting Physical Resource Theory (PRT) in agriculture, wrote Michael Ferrari, managing partner at Atlas Research Innovations. He said the concept of open sourcing, already used in sectors such as data sciences, should next be applied to agriculture, where greater interdependence between sectors would increase understanding and reinforce supply chain resilience. Ferrari said applying PRT could help spread the risk of raw material shortages and increase system flexibility in the event of disruption.