May 22, 2023
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Shared Values // The Value Chain Compass
Collective values, in both senses of the word ‘value’, act as glue in a value chain. Unless the value chain is able to create and…
Incentives // The Value Chain Compass
As the name suggests, a value chain involves a series of linkages between the producers at one end of the chain and the final consumers…
Consumer Focus // The Value Compass
The price final consumers are willing to pay drives all value in the value chain. Hence, a value chain needs to understand how different groups…
Chain Leadership // The Value Chain Compass
A key responsibility of governance is chain leadership. Typically, one of the partners in the value chain acts as chain champion. The chain champion has…
Scale // The Value Chain Compass
In the research programme’s case studies of emerging value chains, scale was one of the key decisions that had to be made by the chain…
Product Quality // The Value Chain Compass
Consumers pay a premium for a product only if they value it as a quality product. Quality begins with characteristics such as appearance, taste and…
Risk // The Value Chain Compass
All commercial enterprise involves a degree of risk. In the food and fibre sector, there are specific challenges related to the chain’s continuity of supply.…
Value Co-Creation // The Value Chain Compass
A feature of food and fibre value chains is that creation of value for consumers requires collaboration among the partners of the chain. There is…