A Comparative Study of COFCO and ADM Based on the Whole Industry Chain Strategy

Author

Li, Ning ; Zhu, Li ; Zhu, Pei

Author_Institution

Sch. of Bus., Beijing Technol. & Bus. Univ., Beijing, China

Volume

3

fYear

2011

fDate

26-27 Nov. 2011

Firstpage

70

Lastpage

73

Abstract

Nowadays the word´s big four food merchants U.S. ADM, U.S. Bunge, U.S. Car gill and French Louis Dreyfus control 80% of global food trading market, and food becomes a kind of important strategic resource. This paper aims to compare U.S. ADM with Chinese largest center food enterprise COFCO (China National Oils & Food Corp) based on the whole industry chain strategy. The study firstly reviewed the origin of the whole industry chain theory, raising the types of the whole industry chain. Secondly, it described the whole industry chain of ADM and COFCO receptively. Thirdly, the paper made a specific comparison between ADM and COFCO, finding the weaknesses of COFCO based on the whole industry chain. Finally, the paper offered some suggestions for development of COFCO in the near future.

Keywords

food processing industry; strategic planning; supply chains; COFCO; China National Oils and Food Corporation; Chinese largest center food enterprise; French Louis Dreyfus; US ADM; US Bunge; US Car gill; food merchants; food trading market; whole industry chain strategy; Industrial engineering; Information management; Innovation management; ADM; COFCO; Whole industry chain;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management, Innovation Management and Industrial Engineering (ICIII), 2011 International Conference on

Conference_Location

Shenzhen

Print_ISBN

978-1-61284-450-3

Type

conf

DOI

10.1109/ICIII.2011.302

Filename

6114709