Fo­rum high­lights beef growth mod­els

Pilbara News - - News -

Par­tic­i­pants at last month’s Kim­ber­ley Eco­nomic De­vel­op­ment Fo­rum heard about sev­eral fu­ture growth prospects for beef and po­ten­tial WA cat­tle sup­ply chains.

The pre­sen­ta­tion by Ernst and Young, as part of a the Depart­ment of Agriculture and Food’s North­ern Beef Fu­tures project, also ad­dressed com­mon crit­i­cal suc­cess fac­tors in sev­eral global agri­food in­dus­try growth mod­els and their po­ten­tial ap­pli­ca­tion to the north­ern and WA beef in­dus­try.

DAFWA new mar­kets new sup­ply chains man­ager Daniel Mar­shall said the North­ern Beef Fu­tures project aimed at pro­mot­ing in­no­va­tive busi­ness mod­els, in­te­grated sup­ply chains and mar­ket di­ver­sity.

“EY was en­gaged to iden­tify crit­i­cal suc­cess fac­tors from a num­ber of global and do­mes­tic agri­food in­dus­try growth mod­els that could con­trib­ute to in­ter­na­tional ex­port com­pet­i­tive­ness and grow the value and longterm sus­tain­abil­ity of WA’s north­ern beef in­dus­try,” he said.

“The crit­i­cal suc­cess fac­tors com­mon across the case stud­ies in­clude strong and united in­dus­try lead­er­ship, gov­ern­ment pol­icy and project sup­port of in­dus­try lead­er­ship.

“Oth­ers in­cluded fact-based in­dus­try in­for­ma­tion and per­for­mance base­lines, in­dus­try col­lab­o­ra­tion com­bined with brand­ing, and in­creased for­ward in­te­gra­tion with sup­ply chain part­ners.”

Beef sup­ply chain sce­nar­ios for con­sid­er­a­tion pre­sented at the fo­rum in­cluded pro­duc­ers col­lab­o­rat­ing to­gether to in­crease mar­ket power, dig­i­tal sup­ply chains, in­vest­ment by end-cus­tomers and col­lab­o­ra­tion to im­prove com­pet­i­tive­ness.

Mr Mar­shall said the sce­nar­ios of­fered were a com­bi­na­tion of global best prac­tice.

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