Category: Value Chain

Drivers of change in Australian agribusiness and using value chain management as a strategic response

Sturt Desert Pea

‘Agriculture has undergone much change over the last few decades. Key drivers have been shifts in consumer demand, changes in government policies, technological advances and innovation, emerging environmental concerns and an unrelenting decline in the sector’s terms of trade’ (Productivity Commission 2005, Trends in Australian Agriculture, p. xvi).   The Australian agribusiness sector must effectively and efficiently respond to change and innovate across the entire value chain in order to remain competitive in a global market. A strategic view of value chain management must be cultivated and ‘management procedures and a changing managerial culture, such as a shift towards market orientation’ (Meulenberg & Jongen 2005, p.14) should become modus operandi; coupled […] more