PALMOILMAGAZINE, JAKARTA – During his professorial scientific oration at Sekolah Bisnis Institut Pertanian Bogor (IPB) University in late April 2024, Prof. Arif Imam Suroso emphasized that the implementation of business analytics in the palm oil industry holds the key to enhancing efficiency, increasing plantation productivity, and promoting sustainability.
This insight, shared with attendees including Palmoilmagazine.com, underscores the potential of leveraging advanced analytics techniques for addressing various challenges faced by the sector.
Prof. Arif elaborated on how business analytics can provide comprehensive analyses of palm oil issues in descriptive, predictive, and prescriptive manners. He emphasized that such in-depth analysis would enable stakeholders to formulate informed policies, thereby enhancing competitiveness within the industry.
Also Read: When Indonesia Should Learn about Palm Oil from Malaysia
As a member of Perhimpunan Ekonomi Pertanian Indonesia (PERHEPI), Prof. Arif highlighted that the insights generated through analytics would serve as crucial considerations for competitive strategies and future improvements. This approach, he argued, is vital for strengthening competition among palm oil plantations and fostering collaboration among industry stakeholders.
Furthermore, Prof. Arif emphasized that leveraging data and employing appropriate analytical techniques can positively contribute to economic development, promote social and environmental benefits, and bolster global competitiveness. By harnessing the power of analytics, the palm oil industry can effectively and efficiently navigate challenges while capitalizing on emerging opportunities. (T1)
