At a time when food producers have to make significant changes to their businesses in order to survive, a review of benchmarking in agriculture and discussion of its future potential is critical. This book meets that need by providing an overview of existing benchmarking practices in agriculture and the food supply chain, and evaluating the potential of these practices to drive sustainable innovation in food and farming. Increasing pressures from commodity markets, corporate buyers, government and rising input prices (particularly fuel prices) are creating an environment in which farmers and their advisors are keen to make greater use of performance information for survival and growth. Where farmers are diversifying into alternative production methods, non-agricultural enterprises and on-farm production and sales, the greater the interest in a wider range of accounting tools for decision making. Lisa Jack and her contributors draw on a wide range of data and sources from Australia, New Zealand, the USA, the UK and Europe to provide critical evaluations of what might be considered 'state of the art' benchmarking practices at this time, including recent strategic developments such as the use of non-financial measures in balanced scorecards. The food and farming industry is unusual in that benchmarking takes place among large numbers of small, family-owned businesses working in a global industry. Not only, therefore, is this book important for those working in food supply chain businesses, but also for those involved in the general practice of benchmarking.
About the Series
Gower Sustainable Food Chains Series
The food industry continues to attract considerable interest and attention from various stakeholders - consumers (increasingly concerned about the provenance, safety, nutritional composition and integrity of the food they buy), government (increasingly concerned about the health of the nation and the sustainability of agriculture and the food industry), academics (increasingly challenged by the juxtaposition of food poverty and food surpluses, economic and environmental sustainability, fast food and obesity, local food chains and global supply networks), practitioners (increasingly perplexed by the relentless pursuit of competitive advantage) and civil society (increasingly perplexed by the lack of strategic vision amongst policy-makers and large food corporations, more interested in returns from the ballot box and returns to shareholders than a return to a more holistic approach to sustainable competitive advantage. What makes the food industry so fascinating is the breadth and depth of the issues that it throws up - unequivocally multi-dimensional in nature and increasingly requiring a multi-functional and multi-disciplinary approach to their analysis, explanation and resolution. The series is designed to fill a gaping hole in the literature for a range of titles, from practical textbooks to research-based monographs, appealing to broad target market with a common interest in gaining a better understanding of how food chains function, why they break down and what corrective actions different stakeholders can take in pursuit of diverse objectives.
BISAC Subject Codes/Headings:
- BUSINESS & ECONOMICS / Management
- BUSINESS & ECONOMICS / Industries / Agribusiness