INTL 3003 International Logistics Assignment Sample
Here’s the best sample of INTL 3003 International Logistics Assignment, written by the expert.
COMPARISON AND ANALYSIS
As emerged from studies, in 2020, the agricultural sector of India has reached a value of 63506 billion. In order to encourage the growth of the industry, the Indian government has been found to provide with subsidies to the farmers on power, water, agricultural equipments, hybrid seeds, fertilizers and many more. Furthermore, concerning the bio-diverse climate of India, it has extensively supported the production of fruits, flowers, vegetables, cereals, cash crops and many more. Moreover, India also has been found to be recognised as the “second-largest” fish producers in the world (Imarc group, 2022). In this case, comparing to the Western Canadian agricultural sector, the production level in India has been found to be varied and diverse. Relating to the discussion of cash flows, it has been found that in Western Canada, farming operations had major difficulty in dealing with cash flow management system. The industry has been found to be often facing the issue of having less capital that in turn reduced the production level (Singh, 2022).
Contrasting to this situation, in India, it has been seen that with the introduction of Contract farming, India has progressed reflecting the cash flow system (Kanth, 2022). On detailed information, it has been found that contract farming has helped in reducing the load on the state and central level procurement system thereupon increasing the investments of the private sector. Furthermore, this system also provides more exposure to the farmers thereby providing them with a “world-class mechanized technology related to agriculture” (ibef.org, 2021). Moreover, it can be stated that with the introduction of modern retail, the distribution chain of the Indian agricultural industry has been effective reflecting the elimination of intermediate persons. However, unlike the Canadian agricultural sector, the Indian industry has immense supply of skilled labours that helps in improved production system.
Ratio calculations
4) Gross margin in 2016
Current agricultural industry situation in Western Canada
At present, the Covid-19 pandemic has been recognised as the major change that the agricultural industry in the Western Canada has faced and to which the country has adopted new measures and policies to create a “new normal” environment suitable for operating in the markets. As described in the article named “Overview of COVID-19 Impacts on Canadian Agriculture” by the FAS, Canada, the country has extensively performed well in the later stage of the Covid-19 era thereby taking up effective measures that have been provided by the government (Apps.fas.usda.gov, 2020). In this context, it has been seen that concerning the agricultural trade, the government decided to close the US-Canada border to move away the trade traffic and maintain a healthy environment thereby restricting the spread of the Covid-19 virus. On the other hand, it has been found that with the closure of the international borders, the agricultural trade in the Western Canada has been supported with an amount of $200 million USD, so that the performance of the industry in the country remains unchanged.
Furthermore, it has been found that although the agricultural sectors insisted for meeting the financial targets during the Covid-19, the Canadian government resisted the operations thereby depending on the safety measures conducted for the agricultural sector along with the Covid-19 measures. On the contrary, in the western Canada, “set aside” programs have been integrated in the places such as Saskatchewan, Alberta, Ontario and many more thereby helping the growth of the agricultural sector by increasing the production levels (Apps.fas.usda.gov, 2020). In this scenario, based on the given case study, it can be stated that with improved governmental support for the agricultural sector, along with the new measures taken during the pandemic situation has enormously helped in the development and growth of the agricultural industry in the Western Canada. However, it has also helped in improving the performance of the sector reflecting an increased financial support from the government.
Reference list
Apps.fas.usda.gov, 2020, Overview of COVID-19 Impacts on Canadian Agriculture, Available at https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Overview%20of%20COVID-19%20Impacts%20on%20Canadian%20Agriculture_Ottawa_Canada_08-27-2020 [Accessed on 19/02/22]
Ibef.org, 2022, Agriculture in India: Information About Indian Agriculture & Its Importance, Available at https://www.ibef.org/industry/agriculture-india.aspx [Accessed on 19/02/22]
Imarc group, 2022, Agriculture Industry in India: Growth and Opportunities, Available at https://www.imarcgroup.com/agriculture-industry-in-india [Accessed on 19/02/22]
Kanth.D, 2022, Agriculture & Forestry, Available at https://www.investindia.gov.in/sector/agriculture-forestry [Accessed on 19/02/22]
Singh. G, 2020, Meakin Enterprises: Balancing risks in the agriculture industry, International Logistics 22170
________________________________________________________________________________
Know more about UniqueSubmission’s other writing services:
