Open AccessMonitoring and benchmarking farm performance
Author(s) -
C.J. Mulvaney,
D.J. Maccoll
Publication year - 2016
Publication title -
grassland research and practice series
Language(s) - English
Resource type - Journals
eISSN - 2463-4751
pISSN - 0110-8581
DOI - 10.33584/rps.16.2016.3262
Subject(s) - benchmarking , production (economics) , business , key (lock) , data collection , stock (firearms) , process management , best practice , marketing , knowledge management , risk analysis (engineering) , environmental economics , computer science , engineering , management , economics , computer security , mechanical engineering , statistics , mathematics , macroeconomics
Summary StockCARE has become recognised as a programme that can add value to sheep and beef farm businesses. The recognition is most likely built on some of the key features and benefits: • A systems based programme which has been proven to add value • Monitoring and benchmarking are the platform, but the intensity of the collection, interpretation and utilisation of information related to key drivers of every production system, is unique • StockCARE has a proven framework for a disciplined approach to the collection and analysis of production information. • The initial emphasis is on identifying, understanding and defining the factors that may limit performance, before solutions are considered • Farmers are encouraged to create a strong business team and develop strong relationships with people such as bankers, agronomists, fertiliser representatives and stock agents • StockCARE is about helping farmers optimise their business performance because not every farmer can be the "best" • StockCARE is long term, with on-going support for continuous improvement.