Define producer-driven vs buyer-driven commodity chain.

A producer-driven commodity chain is a type of commodity chain where producers of goods or services have control over the providers of raw materials as well as distributors. It is common in such technology-intensive industries as automobile, computer, machinery, and aircraft manufacturing.

A buyer-driven commodity chain is a type of chain where large and well-known retailers have control over the production process. It is characterized by the prevalence of low-cost, unskilled labor in the production process and, thus, includes such industries as textiles, footwear, and food, among others.

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Academic.Tips. (2023, May 18). Define producer-driven vs buyer-driven commodity chain. https://academic.tips/question/define-producer-driven-vs-buyer-driven-commodity-chain/

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Academic.Tips. 2023. "Define producer-driven vs buyer-driven commodity chain." May 18, 2023. https://academic.tips/question/define-producer-driven-vs-buyer-driven-commodity-chain/.

1. Academic.Tips. "Define producer-driven vs buyer-driven commodity chain." May 18, 2023. https://academic.tips/question/define-producer-driven-vs-buyer-driven-commodity-chain/.


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