Aquaculture Predictability Challenges
May 11th, 2008 by AndrewAquaculture is a relatively new industry. Compared to competitors in the animal protein production industry we are relatively small. The players in the animal protein sector are extremely strong, efficient and industrialised by comparison.
Aquaculture production is performed under conditions which promote uncertainty and variability:
- unexpected variations in production volume
- unexpected variations in cost
- unexplained variations in growth and quality
- new diseases and drug resistant pathogen populations
- sudden environmental effects and interactions that are not understood
As a result aquaculture has been seen as highly unpredictable compared to other forms of animal protein production. One outcome from this is that aquaculture has developed in cycles.
If aquaculture can take action to manage down the sources of variation that afflict the industry then it will have stronger foundations on which to base sustained and significant growth. A more predictable process will be translated into more predicable customers for our product and for investment in our companies.
What forms of innovation might underpin a significant improvement in the ability to reduce variability? Should we adopt some of the approaches used by other sectors in the animal protein production industries?
Where do the answers lie?
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