Agribusiness Essay

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Part I Case Study a. Based on the case, define agribusiness supply management. Supply chain management can be defined as a combination of different arrangements occurring between various business entities involved in the production, procurement, processing, and marketing of a product or products. It also can be defined as the cooperation between producers, processors, wholesalers, and/or retailers, to guarantee high quality and/or to minimize costs. Based on my observation through all of the supply management case studies I would have to agree with the definition of supply management. b. There were three agribusiness cases presented. Provide a brief description of each case. Which case did you like or dislike and why? The case that most interested me was the case about Niman Rancher-A Natural Meat Producer. This was the most interesting because most farms doesn’t practice natural environment Niman Ranch contracts with family farms to raise their animals in a natural environment without the use of drugs or hormones. Niman Ranch is so committed to the family farm philosophy that it sees itself as the processing and marketing operation for about 100 family farms. This was also interested because of the different sites in which animals were processed at, also the different packaging and how it applies their farm to supply management. c. What is the difference between vertical integration and vertical coordination? The difference between vertical integration and vertical coordination, is vertical integration is full ownership of the various stages of production, processing, and distribution throughout the supply chain. Vertical integration is a subset of vertical coordination. There are also three general types of vertical integration; quasi-vertical integration, tapered vertical integration, full vertical integration. Whereas, vertical

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