Production and Disruptions of Prawn and Crab: Basis for Supply Chain Management Strategies
Journal Title: Journal of Economics, Finance and Management Studies - Year 2021, Vol 4, Issue 10
Abstract
Supply chain management strategies will help the prawn and crab growers mitigate and adapt to the impact of various disruptions such as typhoons, water-borne diseases, and climate change. The study was conducted to determine the production and disruptions and prawn and crab basis for supply chain management strategies of the growers. The study employed a descriptive research design using quantitative data. The study used secondary data for performance and disaster history. A content analysis was used in processing the data. The researchers validated the findings and results of the study, and a random interview was conducted. Findings revealed that disruptions affect the production of prawn and crab, growers have their fishing technique and management practices, supply chain management strategies were not prioritized for value-adding and technology accessibility. A supply chain management strategy may be employed to operate and produce prawns and crabs in the Province of Capiz to achieve profitability and sustainability. It should be noted that the data is from 2011 to 2017. The data coverage is the Province of Capiz and focuses on the volume and value of prawns and crab (tiger prawn, endeavor prawn, and mud crab). Supply Chain Management (SCM) of the growers in the Province of Capiz is not given priority in improving its competitive performance of the entire network through the application of an integrated approach to the planning and control of material, information, and cash streams. Also, it has less priority on the practice of the business in breaking changes in sustainable fishing practices to improve business performance. No network is present in the province solely on the same industry of production of prawns and crabs. It is expected that the proposed SCM strategies are all contextualized based on the present needs of the growers. These strategies can be used to become proactive and agile in decision-making and facing possible disruptions.
Authors and Affiliations
Ian B. Arcega, Angela B. Casios, Fritz Jude B. Almeida, Valerie B. Ballos
Keywords
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- EP ID EP706329
- DOI 10.47191/jefms/v4-i10-27
- Views 129
- Downloads 0
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