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Improving Vertical Coordination Of Agricultural Industries Through Supply Chain Management

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  • Ricks, Donald J.
  • Woods, Timothy A.
  • Sterns, James A.

Abstract

Supply chain management is an important topic related to improving efficiency, vertical coordination, overall performance and competitiveness in food industries. Considerable attention has been given to supply chain management as an approach for improving vertical coordination and market performance in both the trade literature and by food economists. Much of this has been primarily from the perspective of grocery retailer-wholesalers, food manufacturers and their suppliers. Supply chain management is also very relevant, with substantial opportunities for improved efficiency and performance, if the perspective is from an agricultural commodity industry. The goal for a commodity industry in this regard is to find ways to enhance their responsiveness to their customers, and ultimately their competitiveness. This can be accomplished when two or more vertical segments together pursue innovative approaches to doing business with emphasis on the vertical linkages that mutually benefit all parties.

Suggested Citation

  • Ricks, Donald J. & Woods, Timothy A. & Sterns, James A., 1999. "Improving Vertical Coordination Of Agricultural Industries Through Supply Chain Management," Staff Paper Series 11513, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midasp:11513
    DOI: 10.22004/ag.econ.11513
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    File URL: https://ageconsearch.umn.edu/record/11513/files/sp99-56.pdf
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    References listed on IDEAS

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    1. French, Ben C., 1974. "The Subsector As A Conceptual Framework For Guiding And Conducting Research," 1974 Annual Meeting, August 18-21, College Station, Texas 284531, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Julie A. Caswell, 1992. "Using industrial organization and demand models for agribusiness research," Agribusiness, John Wiley & Sons, Ltd., vol. 8(6), pages 537-548.
    3. Ricks, Donald J. & Woods, Timothy A., 1995. "Apple Industry Strategic Planning And Integration With University Research," Journal of Food Distribution Research, Food Distribution Research Society, vol. 26(1), pages 1-6, February.
    4. Ben C. French, 1974. "The Subsector as a Conceptual Framework for Guiding and Conducting Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(5), pages 1014-1022.
    5. Robert P. King & Paul F. Phumpiu, 1996. "Reengineering the Food Supply Chain: The ECR Initiative in the Grocery Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1181-1186.
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    Cited by:

    1. Lan, Yanfei & Yan, Haikuan & Ren, Da & Guo, Rui, 2019. "Merger strategies in a supply chain with asymmetric capital-constrained retailers upon market power dependent trade credit," Omega, Elsevier, vol. 83(C), pages 299-318.
    2. Johnson, Sue, 2005. "Supply chain management in the lamb industry: An analysis of opportunities and limitations," AFBM Journal, Australasian Farm Business Management Network, vol. 2(2), pages 1-5.

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