Closer vertical co‐ordination of supply chains is becoming a prevalent feature in the agri‐food sectors of many countries. Presents a framework within which to analyse these changes. The framework links drivers for change to product characteristics, which in turn affect transaction characteristics and transaction costs, thereby leading to a change in vertical co‐ordination. A case study of the US grains industry provides an illustration of the framework. Implications for agricultural producers, producer groups and policy makers are discussed.
Hobbs, J.E. and Young, L.M. (2000), "Closer vertical co‐ordination in agri‐food supply chains: a conceptual framework and some preliminary evidence", Supply Chain Management, Vol. 5 No. 3, pp. 131-143. https://doi.org/10.1108/13598540010338884
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