Thursday, 13 January 2011 11:22
The Department of Trade and Industry conducted recently a value chain workshop for the six identified priority industry sectors in the region.
The six priority industries, also called regional product champions by the Regional Development Council (RDC) are rubber, coconut, processed fish, seaweed, mango and abaca. These sectors were earlier identified for promotion by the RDC based on certain criteria such as raw materials availability and potentials for the domestic and export markets.
Following an intensive analysis and mapping of the supply chain, the group at the end of the three-day workshop had successfully drafted the individual action plan for each of the six regional priority industries.
The workshop according to trade and industry regional director Nazrullah Manzur, “wasn’t conducted just for us to learn what value chain analysis (VCA) is all about. The underlying objective was to come up with doable action plans for our priority industries even as we learn the ropes about the VCA in the process”, Manzur said.
Value chain, also known as supply chain refers to all the activities and interventions that a particular product or service undergo starting from its conceptualization to its end use. It is called as such because value is being added to the product or service at each stage of the chain.
“As an approach to sustainable economic development, it is particularly useful since our small and medium enterprises (SMEs) will only benefit over the long haul if our industries are competitive”, Manzur disclosed.
“VCA enables us to surface and pinpoint the various constraints as well as opportunities at each level of the sector supply chain - from production, processing, marketing and distribution, to its utilization by the end consumer”, Manzur added.
The constraints in the business environment may include public policy issues such as convoluted regulatory frameworks; lack of technical, business and/ or financial support services; and inadequate infrastructure. On the other hand, business opportunities in the form of new investments, expansion or diversification may be discovered together with the constraints at each stage of the supply chain.
“Identifying these constraints will help us to develop strategies to address them while at the same time it enables us to promote the identified opportunities for investments to investors”, Manzur said.
Facilitating the workshop were Ms. Crispina Almonte, a consultant of the Global Organization and Leadership Development, Inc. (GOLD) and of the University of the Philippines Institute for Small-Scale Industries (UP-ISSI) and Ms. Rita Pilarca, senior adviser of the German Technical Cooperation (GTZ).
“A similar workshop will be conducted on February 7-9, 2011 which will already include other stakeholders of the six priority industries”, Manzur said in closing. (lsv/dti9/pia9)s to investors”, Manzur said.
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