Aligning the drivers in the value chain - a new cane payment system for Mackay Sugar
Pollock, John, O'Hara, Ian Mark, & Griffin, Ken (2007) Aligning the drivers in the value chain - a new cane payment system for Mackay Sugar. Australian Society of Sugar Cane Technologists. Proceedings, 29, pp. 1-8.
For the 2005 season, Mackay Sugar and its growers agreed to implement a new cane payment system. The aim of the new system was to better align the business drivers between the mill and its growers and as a result improve business decision making. The technical basis of the new cane payment system included a fixed sharing of the revenue from sugar cane between the mill and growers. Further, the new system replaced the CCS formula with a new estimate of recoverable sugar (PRS) and introduced NIR for payment analyses. Significant mill and grower consultation processes led to the agreement to implement the new system in 2005 and this consultative approach has been reflected in two seasons of successful operation.
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|Item Type:||Journal Article|
|Keywords:||Cane payment, Shared revenue, NIR, Business drivers, Value chain|
|Divisions:||Current > Research Centres > Centre for Tropical Crops and Biocommodities|
Past > QUT Faculties & Divisions > Faculty of Science and Technology
|Deposited On:||16 Sep 2011 07:59|
|Last Modified:||16 Sep 2011 07:59|
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