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Measuring the fragility of agribusiness value chains: a case study of the South African lamb chain
- Source :
- International Food and Agribusiness Management Review. 22:137-154
- Publication Year :
- 2019
- Publisher :
- Wageningen Academic Publishers, 2019.
-
Abstract
- The ability to determine the fragility of agribusiness value chains is valuable to agribusines management practitioners and scholars in a context where risk and uncertainty are increasingly pervasive, consequential and unpredictable. The paper argues for determining the fragility of a chain to adverse events rather than trying to predict the probability and impact of such events. The paper specifically proposes a framework to detect and quantify non-linear consequences in response to progressively deteriorating chain fragility factors. The paper’s approach is a novel alternative to the traditional value chain ‘risk assessment’. Application of the framework to the South African lamb chain reveals that a number of specific factors, like quality and safety performance and cash flow position, have consistently high fragility scores throughout the chain while some factors are uniquely localized to a specific role-player or activity, which highlights the techno-economic uniqueness of individual activities in a chain.
Details
- ISSN :
- 15592448
- Volume :
- 22
- Database :
- OpenAIRE
- Journal :
- International Food and Agribusiness Management Review
- Accession number :
- edsair.doi...........c34cad1a975c9d0eeb09899434337d00
- Full Text :
- https://doi.org/10.22434/ifamr2017.0103