Abstract

Supply chains are the channels along which products flow from producer to processors and manufacturers, distributors and retailers until final consumers purchase them. The businesses along the chain are linked through the transactions between them and the information that they share. Wool is an inherently variable product that cannot be adapted quickly to changes in processor’s requirements. As such it is a weak competitor in a section of the global textile marketplace dominated by synthetic textiles derived from petrochemicals. Nevertheless, wool has unique functional advantages over most synthetic fibres. Efficient supply chains are dependent on effective relationships between stakeholders. Reduction of costs incurred along the supply chain requires investment in horizontal and/or vertical relationships to improve information transfer between stakeholders, or to benefit from economies of scale and/or scope. Improved information transfer strengthens stakeholder confidence enabling the development of innovative business initiatives.

AK, McDermott, RMW Sumner, and DR Scobie

Proceedings of the New Zealand Society of Animal Production, Volume 66, Napier, 113-119, 2006