Greening the Livestock Value Chain: How Businesses Can Enhance Performance

DNHN - The livestock industry plays a crucial role in the economy and provides a vital source of food for society. However, to achieve high business performance, companies need to focus on greening their value chain.

Benefits of Greening the Livestock Value Chain

Greening the value chain helps businesses optimise their livestock production processes from breeding and rearing to harvesting and consumption. This leads to improved production efficiency, reduced waste, and increased output.

Greening the value chain enables businesses to control the quality of their livestock products from origin to consumption. Implementing quality standards and inspection procedures ensures safety, cleanliness, and compliance with food hygiene regulations. This builds consumer trust and enhances the company’s brand value.

Moreover, greening the livestock value chain contributes to increased sustainability and environmental protection. By adopting environmentally friendly farming practices, minimising pollution, and reducing the negative impact on natural resources, livestock businesses can ensure their long-term viability and contribute to the preservation of the ecosystem.

According to Phan Van Hai, an agricultural expert, livestock farmers participating in the production value chain share benefits and responsibilities, ensuring market supply and demand regulation and product traceability.

“Currently, organising livestock farming according to the value chain is a fairly common model in the market economy. This form ensures that livestock farmers participating in the production value chain can share benefits and responsibilities, ensuring market supply and demand regulation and product traceability,” said Hai.

According to Hai, the combined livestock farming model, using short-term to support long-term, uses by-products from cattle farming such as cattle manure to make vermicompost, which is used as feed for fish and eels, which are livestock with a faster harvesting time than cattle or other livestock that take longer to reach the market.

How Businesses Can Enhance Performance in Livestock Farming

Agricultural production in general, and livestock farming in particular, has long been characterised by commodity production. As such, it is necessary to produce products that the market needs, in large quantities, at reasonable prices, with high quality, and ultimately to generate a reasonable profit.

To guarantee adherence to production standards and procedures, organisations must establish an efficient quality management system. Therefore, using software and smart management technologies will improve the ability to monitor and regulate production processes.

Additionally, livestock businesses should spend money on R&D to learn about cutting-edge farming techniques, make use of contemporary technology, and enhance production procedures. These investments will boost the competitiveness and market value of livestock products. Businesses that deal with livestock can boost productivity by forming cooperative relationships with distributors, processing facilities, and suppliers of raw materials. As a result, we can speed up time to market, cut costs, and improve the supply chain.

Experts believe that to improve business performance, livestock businesses should invest in training and capacity building for their employees. This provides the knowledge and skills needed to implement modern methods, manage quality, and control processes. Well-trained staff contribute to increased productivity and product quality.

According to experts, to enhance livestock farming efficiency, it is necessary to implement comprehensive solutions such as: selecting suitable livestock, maintaining an appropriate herd size, choosing high-quality breeds, building barns and livestock equipment that meet technical requirements; investing in sufficient quantities of high-quality feed and feeding and watering according to regulations; providing meticulous care; implementing strict disease prevention and treatment measures; selling products promptly; recording income and expenses and adjusting purchases of supplies when the market fluctuates significantly in a favourable direction; turning over capital quickly and reducing loans…

Therefore, livestock businesses need to build trustworthy relationships with consumers. Providing clear information about the origin, production process, and quality of products builds trust and confidence among consumers. This contributes to brand building and better market access.

Greening the livestock value chain offers numerous benefits to businesses, including optimising production processes, ensuring product quality, and enhancing sustainability. To enhance business performance in the livestock sector, companies need to focus on building a quality management system, investing in research and development, building partnerships, training and developing staff, and building trustworthy relationships with consumers. By doing so, livestock businesses can achieve high and sustainable business performance in the long run.

Nhan Ha Phan