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Modes for enhancing competitiveness: an application of transaction cost in Australian sugar supply chain

Banerjee, Shantanu (2004) Modes for enhancing competitiveness: an application of transaction cost in Australian sugar supply chain. In ANZIBA Conference Proceedings 2004: Dynamism and Challenges in Internationalisation, 5-6 November 2004, Canberra, Australia.

Abstract

The concept of international competitiveness accords a notion of highly competitive marketplace with countries, industries, and firms fiercely vying for dominance, market share, and profit. However, the arena of competition and competitive advantage is moving from individual operations towards supply chains using coordination mechanisms. In such an environment, competitive capacity for agricultural products, and sugar in particular, needs to be based on supply chain coordination and cooperation. As the world sugar industry is under intense pressure to deregulate and become competitive, the importance of co-operating increases. This paper aims at reinforcing the relation between cooperation and competitiveness by examining Australian sugar supply chain activities from the perspectives of transaction cost economics. It lays the groundwork in which various transaction costs in the supply chain can be segregated and assessed. The main conclusion is to develop relationship among chain members based on trust with a common goal for improving competitiveness.

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ID Code: 1163
Item Type: Conference Paper
Keywords: Sugar, Supply Chain, Transaction Costs, Competitiveness, Australia
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Logistics and Supply Chain Management (150309)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2004 (please consult author)
Deposited On: 06 May 2005
Last Modified: 05 Jan 2011 23:24

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