...of Thailand’s Sweet Corn Industry Tanakorn Rachapila Integral development studies program Faculty of management science Ubon Ratchathani University, Thailand Dr. Sittha Jansirisak Assistant professor, Faculty of engineering Ubon Ratchathani University, Thailand ABSTRACT The competition in Thailand sweet corn industry relatively high: Bargaining power of suppliers: supplier concentration, availability of substitute input, importance of suppliers’ input to buyer and importance of industry to supplier; Intensity of Rivalry of rivalry among existing competitors: number of competitors, augmented capacity in large increments, value of fixed costs and exit barriers; Threat of entrants or potential competitors: economical scale; Determinant of buyer power: product differentiation, switching costs to use other products, switching costs to use other products and buyers’ use of multiple sources, threat of substitute products or services relatively low. Keywords: Environment analysis, Competitive Forces, Competitiveness Porter’s Five Forces, Sweet Corn, Agribusiness 1. Introduction Sweet corn is a major economic agronomy in Thailand. There are large amounts of consumption and utilization of sweet corn each day. The sweet corn is a perennial plant providing greater values to fresh markets and industrial factories. Recently, sweet corn is one of the most popular crops; the 2011 Thai Food Processors’ Association report revealed that there were 29 factories of sweet corn manufacturers, and 64...
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...never change. For example, a hunter will go out on an early Saturday morning just when the sun is rising to look for a deer to kill so the family will have meat to eat. After a period of time, several deer are spotted fifty yards away in a clearing. With careful aim, a single shot is placed directly behind a deer’s shoulder that results in, dinner for the evening. Even though animals must be killed in order to supply the humans with meat . . . they should have certain rights prior to their demise. Animal abuse in slaughterhouses is caused by trying to process more animals than the slaughterhouses can handle in order to maximize profits, along with using outdated processing methods with under maintained equipment; however, this problem can be solved by incorporating well maintained up-to-date processing equipment and better internal quality controls. Looking back, as reported by Farm Forward, n.d.: In the last 70 years—a tiny blip in the history of farming—cruel, unsustainable factory farms have grown to the point where they produce more than 99 percent of the domesticated farm animals raised to provide food in the United States. Globally, livestock now cover 30 percent of the earth’s surface. During this same period, industrial farming methods have devastated rural communities by reducing the number of farmers in the nation by 85 percent—even as the US population has more than doubled (para. 2). This is why animal abuse...
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...4th Quarter 2010 | 25(4) THEME OVERVIEW: FUNDAMENTAL FORCES AFFECTING AGRIBUSINESS INDUSTRIES Kent Olson and Mike Boehlje JEL Classifications: Q13, L10, L22, M22, L80 Keywords: Agribusiness, Market Forces, Structural Change, Porter’s Five Forces Agribusiness industries are facing numerous challenges and opportunities resulting from various fundamental forces. An understanding of the forces that are shaping and shifting the competitive landscape is useful to not only understand the strategic positioning decisions of the firms in these industries, but also the dramatic structural changes that are occurring in the food production, processing and distribution sector. This series of articles discusses the fundamental forces creating change in the agribusiness industries, and how companies and decision-makers are being affected by, and adapting to, changes in these forces. We frame this discussion using the analytical concepts of value chains and Porter’s Five Forces. We describe the agribusiness value chain as two chains which become one at the consumer end (Figure 1). One value chain follows plants and plant products, and another chain follows animals and animal products. These two chains blend into one chain at the processing and retailing stages of the chain. We also view the value chain rather simply as four stages: (1) input suppliers; (2) producers; (3) processors and handlers; and (4) retailers. While the value chain could be viewed as specific for different products...
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...TERM PROJECT – FSM 2085 HOTEL FOOD & BEVERAGE OPERATIONS By Chia-Yi Liu Meng-Chieh Chan George Fisher Yihong Xu LinhDan Nguyen Johnson & Wales University Class Title and Number Term Date Matthew J. Samel Table of Contents Title page 1 Table of Contents 2 SECTION I Project Introduction 4 Explanation and Definition of Hotel Outlet 4 Explanation and Description of Sample Hotel’s Chosen 4 Summary and examples of what “others” have said about the Outlet 7 SECTION II Standardized Recipes, Converting and Costing 10 Introduction; The importance of Standardized HACCP Recipes and Cost Cards 10 Standardized HACCP Recipes 11 Cost Cards 21 Comparison of MMP and Selling Price 26 SECTION III Equipment & Cooking Methods 28 Introduction; The importance of Selecting Equipment & Cooking Methods 28 Equipment Needed to Produce and Serve 28 Cooking Methods and Techniques Used 30 ?? Outlet: Do the Selected Cooking Methods and Techniques Work? 30 & Suggestions for Improvements based on Outlet and Target Guest SECTION IV Ingredient Category Research 32 Introduction: Definition and Description of the Ingredient 32 Trends Associated with the Ingredient 33 Impact of the Trend on the Hotel, Foodservice, or Outlet. 34 SECTION V Purchasing Specification 36 Introduction: Define and Describe Purchasing Specifications 36 Purchasing...
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...Introduction: In economics, inflation is a sustained increase in the general price level of goods and srvices in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy. The difference between inflation and a change in price of a particular good or service is that inflation reflects a general and overall increase in price across the whole economy In general, Inflation is caused by some combination of four factors. Those four factors are: Supply goes up or Supply of goods and services goes down or Demand for money goes down or Demand for goods and service goes up Inflation affects an economy in various ways, both positive and negative. Negative effects of inflation include an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savings, and if inflation were rapid enough, shortages of goods as consumers begin hoarding out of concern that prices will increase in the future. Inflation also has positive effects: * Fundamentally, inflation gives everyone an incentive to spend and invest, because if they don't, their money will be worth less in the future. This increase in spending and investment can benefit the economy. However it may also lead to sub-optimal use of resources...
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...SECTION 3 OBJECTIVES In Section 3, you will What Factors Affect Supply? KEY TERMS change in quantity supplied, p. 146 change in supply, p. 148 input costs, p. 148 labor productivity, p. 149 technology, p. 149 excise tax, p. 149 regulation, p. 150 TA K I N G N O T E S As you read Section 3, complete a chart like this one showing each factor that causes change in supply. Use the Graphic Organizer at Interactive Review @ ClassZone.com Factor That Changes Supply Reason Why Supply Changes • explain the difference between change in quantity supplied and change in supply • understand how to determine a change in supply • identify the factors that can cause a change in supply Changes in Quantity Supplied KE Y CON CE P T S QUICK REFERENCE Change in quantity supplied is a rise or fall in the amount producers offer for sale because of a change in price. The supply schedules and supply curves that you studied in Section 1 were created using the assumption that all other economic factors except the price of tomatoes would remain the same. If all other factors remain the same, then the only thing that influences how many tomatoes producers will offer for sale is the price of those tomatoes. The supply curve shows that pattern. In Chapter 4, you learned the difference between change in demand and change in quantity demanded. Change in quantity demanded is shown by the points along an existing demand curve, while change in demand actually shifts the demand curve itself. Similarly, the...
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...announced that it would purchase Cereol, a global oilseed processor, based in France. The acquisition would transform Bunge, making it the world’s leading oilseed-processing company, and give it a more balanced geographic footprint, as well as access to new products, but would substantially increase the complexity of the company’s product lines, locations and personnel. Less than a year before, on 2 August 2001, Alberto Weisser, Bunge’s CEO, rang the opening bell on the New York Stock Exchange, as Bunge successfully went public after more than 180 years as a private company. The company had primary operations in North and South America and worldwide distribution capabilities. Bunge was the largest processor of soybeans in the Americas and among the world’s leading exporters of soybean products. It was the largest fertiliser producer and supplier to farmers in Latin America. It was also a leader in vegetable oil and wheat-based food products for food manufacturers, food service companies1 and consumers. Bunge’s net sales in 2001 were $11.5 billion (see Exhibits 1 and 2 for Bunge’s financials). Bunge had undergone a dramatic transformation over the past decade. The company was established in Europe in the early nineteenth century. As recently as the early 1990s, it had faced financial problems and many expected it to exit the industry. Under new leadership, including Weisser as CFO, the company had returned to its roots in agribusiness and food, making a number of strategic acquisitions,...
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...Tate & sons and Abram Lyle and sons. The company, after the merger expanded its coast to the production of specialty food ingredients such as sweeteners, texturants, wellness ingredients among others and bulk ingredients such as corn syrup, acidulants and flours. Tate and Lyle is based in Silver-town, London from where it runs supplies to a huge market network which comprises of food and beverages, pharmaceutical, animal feeds and personal care industries around the globe. Vision and Mission remains the backbone of every successful business organization and the managers of Tate and Lyle left nothing untouched in this regard. It has simple, direct and concise goals and mission which are clearly outlined in their mission statements. This case study pays particular attention to a broad analysis of the company’s mission statements, its alignment to the company’s strategies and an expanded analysis of various factors that can affect the company’s success. The company’s Key Performance Indicators (KPI) which is a measure of how well an organization is in-line with its goal and objectives as regards its strategic model are also well analyzed. The progress of a business organization is not only a factor of time, but also a host of other factors which...
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...BUNGE LTD. Analysis Team Shelby Bentley Nicolas King Jon Murphy Colby Norris Georgia Sanchez shelby.bently@ttu.edu nick.king@ttu.edu jon.murphy@ttu.edu colby.norris@ttu.edu georgia.sanchez@ttu.edu 1 Table of Contents Executive Summary ………………………………………………………………………..8 Company Overview ……………………………………………………………………….14 Industry Overview …………………………………………………………….............15 Five Forces Model …………………………………………………………………………16 Rivalry among Existing Firms ………………………………………………..18 Industry Growth …………………………………………………………………………18 Concentration …………………………………………………………………………….20 Differentiation ……………………………………………………………………………21 Switching Costs ………………………………………………………………………….22 Economies of Scale …………………………………………………………………….22 Learning Economies of Scale ……………………………………………………….23 Fixed Variable Cost ……………………………………………………………………..24 Threat of New Entrants ………………………………………………………..25 Economies of Scale ………………………………………………………..……………25 First Mover Advantage ………………………………………………………………..26 Distribution Access and Relationships …………………………………………..26 Legal Barriers …………………………………………………………………………….27 Threat of Substitute Products ……………………………………………….28 Relative Price and Performance ……………………………………………………28 Customers Willingness to Switch ………………………………………………….29 Bargaining Power of Customers …………………………………………….30 2 Switching Costs ……………………………………………………………………….…30 Differentiation ……………………………………………………………………………31 Cost and Strategy Importance …………………………………………………….31 Number of Customers …………………………………………………………………32...
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...19 References 21 Introduction Lipman Produce is a leading producer and distributor of fresh vegetables and fruits, specializing in tomatoes. It is the largest field tomato grower in North America, and operates through a vertically integrated network of research & development, farming, processing, repacking and procurement. The company packs an average of 15 million boxes of tomatoes each year, including Cherry, Florida Silk, Vintage Ripe, Garden Jewel and Roma varieties. In addition to tomatoes, Lipman also packs and ships cucumbers, melons, eggplants, peppers, potatoes, and squash. Its customers include wholesale, retail, and foodservice customers. The company is owned and operated by the Lipman family; and is based in Immokalee, Florida. It was founded over eight decades ago by Max Lipman, and was originally called Six L’s Packing Company Inc. Even though it has been re-branded, its core values have always remained the same: “Building lasting relationships with our customers, being responsible with our natural resources and the health and wellbeing of our people and families” (Lipman Corporation, 2011). Lipman commands a large percentage (12%) of the $1.28 billion tomato industry and employs approximately 4,000 workers in 22 locations throughout North America. It has seasonal operations in Florida, South Carolina, Virginia, Maryland, Pennsylvania, and California. As a leading supplier of fresh tomatoes and vegetables, Lipman Produce has evolved into the largest integrated...
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...vendor in the world, selling servers, desktops, laptops, workstations, printers, monitors, storage solutions, and other computer peripherals. Since its inception in 1984 Dell was a pure hardware vendor for much of its existence, but with the acquisition in 2009 of Perot Systems, it entered the market for IT services. With a unique business model for computer vendor industry named “build-to-order” or direct sales philosophy, Dell expanded its footprints as one of the most successful global company. Using the most advance technologies with the benefit of globalization, Dell built its competitive advantage as a low cost provider of customized product offerings. To capture the advantage of low cost production, in 1994 Dell enthusiastically moved to the use of Internet to coordinate and control its globally dispersed production system. It was so efficient that now it holds only three days’ worth of inventory at its assembly locations. This advancement in reducing inventory cost to a minimum level was not possible unless company use Microprocessor and Internet. Dell’s Internet-based system records orders for computer equipment as customers submit them via the company’s Web site, then immediately transmits the resulting orders for components to various suppliers around the world, which have a real-time look at Dell’s order flow and can adjust their production schedules accordingly. Besides, given the low cost of airfreight, Dell can use air transportation to speed up the delivery of...
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...------------------------------------------------- March 2013 APPROVAL SHEET This thesis entitled “Utilization of Characterized Activated Carbon Prepared from Corn Cobs in Sugar Decolorization”, prepared by Dyle Angellowe B. Mapagu, Aurilyn A. Ramirez and Roxanne L. Soriano, in partial fulfilment of the requirements for the degree Bachelor of Science in Chemical Engineering, is hereby recommended for oral examination. Approved by the Tribunal on Oral Examination with a grade of _________. Engr. Ma. Haidee A. Mabborang Member Engr. Monico U. Tenedor Member Engr. Marianne DC. Calica Member Engr. Caesar P. Llapitan Chairman Accepted in partial fulfilment of the requirements for the degree Bachelor of Science in Chemical Engineering. Engr. Ernesto D. Marallag Dean, College of Engineering ACKNOWLEDGEMENT We, the authors, convey our gratefulness and appreciation to the people who have given valuable assistance in the completion of this study. To Engr. Policarpio Mabborang, Jr. for providing a perceptive and logical evaluation of our research, for his corrections and suggestions in the improvement of the study, and for his patience towards us; To Engr. Caesar Llapitan, Engr. Marianne Calica, Engr. Monico Tenedor, and Engr. Ma. Haidee Mabborang, who served as our panelists in the defense, pointed out mistakes and gave good suggestions in revising our thesis; To Engr. Gina Consigna, head of the Feed Laboratory...
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...BUSINESS PLAN REPORT ON Dehydrated Onion Powder Contents: 1. Introduction 2. Market Analysis and Research 3. Product and Product Characteristics 4. Operational Plan 5. Financial Plan(Break Even Analysis) 6. Future Scope and Expansion Plans 7. Summary Business Plan: Dehydrated Onion Powder Sector: Food and Agricultural Sector Introduction Onion is one of the most basic and widely used ingredients in Indian kitchens and hence any changes in its price have a large impact on the household budgets of a large section of the society. The target consumer for onions is not only the high end class but also the street dwellers. Hence the quantity and the price of onions need to be in check to ensure proper fulfilment of the demands of the consumers. Also if the crop is sold below the cost that has been incurred in its production than this causes loss to the producers. Hence we need to find ways to regulate the prices of onions as well as the quantity in markets such that it better serves the requirement of the consumers. The volatility in the prices of such commodities has been one of the major causes of inflation in the past few months. Since there are not many market players in this sector the prices as well as availability of onions in market are decided by a small group of people and hence there is monopoly. Also in some cases there are some transportation and storage issues because of which the crop gets perished. This in turn leads to increase...
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...9 - 5 12 - 00 4 REV: MARCH 19, 2012 "One time permission to reproduce granted by Harvard Business Publishing, 10/9/2012" DAVID E. BELL PHILLIP ANDR EWS MARY SHE LMAN Domino’s Pizza Before 2007, wheat prices didn’t have a pulse. We’d buy for the next six months and the price would be plus or minus 10 cents a bushel over the last six months. Then one day in 2008 wheat shot up $24 a bushel! Now, as a norm, we strategically consider corn, dairy, and wheat to better leverage our supply chain expertise and improve store economics. — John Macksood, executive vice president, Domino’s Pizza On the morning of August 22, 2011, John Macksood, executive vice president for supply chain services at Domino’s Pizza, Inc. (Domino’s), was reading the daily headlines while sitting in his office at the Domino’s World Resource Center, the company’s global headquarters in Ann Arbor, Michigan. Domino’s was the world’s second-largest pizza company and the largest pizza delivery quick-serve restaurant (QSR) chain. One item in particular jumped out at Macksood. An article, titled “Quiznos chain faces tough finance issues,” indicated that Denver-based Quiznos, a privately owned QSR sandwich company with 4,000 U.S. stores, was nearing bankruptcy due to “sharpening competition, waning sales, and debt woes.”1 One of the problems cited was Quiznos’ “protracted battle” with its franchisees over operating costs and profitability, with some franchisees blaming low or nonexistent store...
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... Mosquitoes are the tiny insects far more nefarious than snakes or any other creature encountered in the wild. The World Health Organization estimates that approximately 20,000 people die per year due to snakebite, but malaria - delivered by mosquitoes -kills more than fifty times that number of people annually. Add other mosquito-borne illnesses to the threat and suddenly humans appear to be losing the battle. (World Health Organization 2006) But with the mosquito coils, mosquito bites are now less problem in our sleep time during at night, it contributes also to the prevention campaign of diseases carried by mosquitoes. In the Philippines there are different manufacturers of quality mosquito coils, and one of them is the Greencoil Industries Inc., only Greencoil’s Lion-Tiger brand and its related brands remain in the market to compete with SC Johnson’s imported Baygon brand. The Lion-Tiger brand has been in the market since 1952. For more than 50 years of operation Greencoil continued manufactures quality mosquito coils, with a vision “to make this world a much better to...
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