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Implications of Changes in the Methods of Wholesaling Meat Products
Author(s) -
Stout Thomas T.,
Hawkins Murray H.
Publication year - 1968
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238266
Subject(s) - procurement , product (mathematics) , business , meat packing industry , production (economics) , distribution (mathematics) , technological change , commerce , marketing , industrial organization , economics , microeconomics , food science , chemistry , geometry , mathematics , macroeconomics , mathematical analysis
Both the meat procurement methods used by retail food stores and the associated pricing arrangements have undergone fundamental changes in recent years. These changes mark significant adjustments in market conduct in the wholesale meat trade. Although much of the change that is occurring is in response to structural and technological changes in the industry, the rate of change seems accelerated by the growth of meat programs. Programs represent a primitive but rapidly evolving systems‐approach to meat procurement, distribution, and merchandising. Detailed product specifications, increased purchase by description direct from meat packers, formula pricing, and central warehousing figure prominently among the changes accompanying program development. The pressures which result from these changes impinge upon conventional attitudes and procedures in meat packing and in livestock production and marketing.