Increase your return on investment with Agtech
December 18, 2023

Increase your return on investment with Agtech

Finding ways to reduce operational cost is always a looming question, with no set solution.   

How can you increase productivity, retain staff, upskill workers, save labour costs, risk management and streamline operations – all at once? It’s like a never-ending checklist with half the other tasks you plan on completing not even making it to the top of the list. The thought of even having time off seems impossible. 

As well the unpredictable market we can’t control doesn’t help either – fluctuating cattle, sheep and diesel prices adds to the already overflowing list of things to keep in mind.  

And if you’re managing your operations through traditional methods of excel sheets, screenshots of information, manual water runs, paper records and feedback from staff – how can you make sure operations are streamlined and up to date? 

Unfortunately, these areas can’t all improve overnight but small adjustments to your day-to-day routine can make a huge difference over time.  

What you can control:

  • Input costs
  • Labour requirements
  • Reductions in fuel
  • Water wastage
  • Data management
ROI Facebook Post

How many times a day are you getting into the ute?  

At Farmbot we compared diesel prices from October 2020 to October 2023 and found that diesel has increased by 88% from $1.19 to $2.24 per litre. Overall general farming equipment isn’t getting any cheaper and to combat with these price rises it is a good time to do a quick review of where spending is going and where you could cut a few costs.  

Agtech serves as a solution that allows farmers to regain control and time which is common challenge amongst farmers. At the end of a day, you might not get around to checking those last two water points leaving you wondering – have my stock got enough water?  

This is where Farmbot is designed to stop that risk mitigation, enabling farmers to redirect their focus to consider where they are putting their time and money.  

To figure out the cost savings you could have on your operations, check out our Farmbot Savings Calculator. 


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