The report also highlighted the fact that flaws in the supply chain structure leave the sector “ill equipped”to respond to complexities. As a result, the bank has called for the industry to transform the way supply chains are organised. It asked for longer-term supply agreements to be adopted alongside co-operative relationships with upstream and downstream partners.
According to the bank, the operating environment for the food and agricultural supply chain is becoming more and more complex, as new “external influences compound traditional pressures, such as rising agri commodity prices”, the report said.
The report also highlighted the fact that flaws in the supply chain structure leave the sector “ill equipped”to respond to complexities. As a result, the bank has called for the industry to transform the way supply chains are organised. It asked for longer-term supply agreements to be adopted alongside co-operative relationships with upstream and downstream partners.
The report also highlighted the fact that flaws in the supply chain structure leave the sector “ill equipped”to respond to complexities. As a result, the bank has called for the industry to transform the way supply chains are organised. It asked for longer-term supply agreements to be adopted alongside co-operative relationships with upstream and downstream partners.