Competitiveness of Bulgarian Grain Producers
Anton Kostadinov () and
Dobroslav Mollov ()
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Anton Kostadinov: BAS, Sofia, Bulgaria
Dobroslav Mollov: University of National and World Economy, Sofia, Bulgaria
Ikonomiceski i Sotsialni Alternativi, 2015, issue 3, 91-105
Abstract:
Grain production is important for Bulgarian economy because it is source of resources for food industry. Grain production is also vital for live stock and food security in the country. Bulgarian farmers are exposed to several important factors affecting their competitiveness: the instability of the global market, the strong competition, the increasing intensity of adverse natural events, and many others. Therefore, they face the necessity to increase its own competitiveness in order to keep and enlarge market share. Doing successful business today requires companies in the sector to know well and be more closely related with their suppliers and customers, to coordinate joint activities, and to manage relationships with them effectively and efficiently, which forms the basis of supply chain management practices. The article presents the essence, structure and characteristics of grain supply chains, and it identifies the key success factors for their management. Outlined are the problems and difficulties faced by Bulgarian grain producers managing their supply chains, and options to address them are proposed. The study argues that the optimization of the grain supply chain, as well as the improvement of the technical infrastructure, could increase the competitiveness of Bulgarian grain producers on the national and international market.
Keywords: competitiveness; grain producers (search for similar items in EconPapers)
JEL-codes: F23 L23 M11 Q18 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2015:i:3:p:91-105
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