Discover published sets by community

Cold chain is a temperature-controlled supply chain that's essential for preserving and extending the shelf life of perishable agri-food products. It's crucial in agribusiness for maintaining the quality and safety of food products throughout transportation and storage.

Logistics pertains to the detailed organization and implementation of a complex operation. In agribusiness, effective logistics ensure that agricultural products are stored, handled, and transported efficiently, decreasing losses and maintaining product quality from farm to market.

Agri-food systems encompass the journey of food from seed to table, including its processing, distribution, and consumption. Its management is crucial in agribusiness for aligning with sustainable practices, ensuring food security, and promoting economic growth.

Outsourcing involves contracting out certain business processes or functions to external suppliers rather than performing them in-house. In agribusiness, outsourcing can help companies focus on their core activities while leveraging external expertise for non-core functions.

Traceability in supply chains refers to the capacity to identify, follow, and trace the path of a product from origin to final consumer. It's particularly important in agribusiness to ensure food safety, source verification, and to comply with regulatory requirements.

Inventory management involves overseeing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell. It's indispensable in agribusiness to prevent spoilage and to manage seasonal demand fluctuations efficiently.

Vertical integration is a strategy where a company expands its business operations into different steps on the same production path. It's important in agribusiness because it can reduce costs and improve supply chain efficiency by controlling multiple stages of production and distribution.

Agribusiness refers to the business activities associated with the production, processing, and distribution of agricultural products. In supply chain management, it's crucial because it encompasses all the steps required to bring an agricultural commodity from the farm to the consumer, making efficiency and coordination essential.

Just-In-Time is an inventory management methodology aimed at decreasing waste by receiving goods only as they are needed in the production process. In agribusiness, JIT can help reduce inventory costs and waste associated with perishable goods.

Demand forecasting involves predicting the future demand for a product. In agribusiness supply chain management, accurate demand forecasting is key to planning production and inventory levels to reduce waste, especially given the perishable nature of many agricultural products.

Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. In agribusiness, effective risk management is essential due to the high uncertainty in agricultural production, market prices, and weather conditions.

A sustainable supply chain seeks to minimize environmental impact and embrace fair and ethical treatment of workers throughout the supply chain. For agribusiness, focusing on sustainability can improve brand reputation, ensure long-term viability, and meet consumer demand for ethical products.

Procurement is the process of finding, acquiring, buying goods, services, or works from an external source. In agribusiness, effective procurement means getting the right quality and quantity of agricultural inputs at the best price and in a timely manner.

Supply chain optimization involves the use of tools and methods to improve the efficiency and effectiveness of a supply chain. In agribusiness, optimizing the supply chain can lead to cost savings, improved quality, reduced waste, and better customer satisfaction.

Food miles refer to the distance food travels from where it is grown or produced to where it is ultimately consumed. Reducing food miles is important in agribusiness for minimizing transportation costs, reducing carbon footprint, and often ensuring fresher produce for consumers.

A supply chain is the connected network of individuals, organizations, resources, activities, and technologies involved in the production and sale of a product. It's important in agribusiness due to the perishable nature of agricultural products, requiring a well-coordinated and timely operation to ensure quality and minimize waste.

A value chain maps out the series of activities that an organization undertakes to deliver a valuable product or service to the market. In agribusiness, understanding the value chain helps businesses to enhance production flow, increase efficiency, and generate more value for customers and shareholders.