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324541

The Economic Practices of The Food Manufacturing Sector and Their Role in Enhancing Competitiveness

Article

Last updated: 28 Dec 2024

Subjects

-

Tags

Economic and socio agricultural

Abstract

The concept of competitive advantage serves as a guiding principle for establishments within the food processing industry as they strive to attain high quality standards. The pursuit of a competitive economy aligns with Egypt's Vision 2030, aimed at fostering economic growth through digital transformation. Developing strategies to enhance the competitive edge of food sector products is of paramount importance. The findings revealed that the average value of food industry products reached approximately 12.99 billion Egyptian pounds between 2000 and 2020, constituting about 1.36% of the domestic product. This sector exhibited an annual growth rate of 3.90%. Furthermore, the performance of the food sector is positively influenced by effective leadership and superior quality. Among the factors analyzed, motivation and technology, followed by responsiveness, accounted for about 32.16%, 14.28%, and 13.68% of the positive impact, respectively. Strategic planning and leadership accomplishments were also identified as positive contributors. Innovation, development, and strategic orientation explained around 26.90%, 19.62%, and 14.74% of the impact, respectively. Operational management practices play a favorable role in enhancing production flexibility and managing uncertainties. They contribute approximately 22.85%, 21.19%, and 20.28% of the overall effect. Supply chain management was another area with a positive influence. Contracting, followed by supply flexibility and electronic supply, exhibited impacts of roughly 27.72%, 22.11%, and 12.39%, respectively. Effective management of marketing services showcased positive effects as well. The foremost impact came from marketing services, marketing flexibility, and marketing strategies, contributing around 23.17%, 20.43%, and 17.99%, respectively.

DOI

10.21608/nvjas.2023.231657.1242

Keywords

Food Manufacturing, Strategic Planning and Leadership, Supply chain management, production management, Marketing Services

Authors

First Name

Elsayed

Last Name

Attallah

MiddleName

Mohamed

Affiliation

Department of Agricultural Economics, Faculty of Agricultural, Damietta University, Egypt

Email

-

City

-

Orcid

-

First Name

Alaa

Last Name

Helal

MiddleName

Fekrey

Affiliation

Department of Agricultural Economics, Faculty of Agricultural, Damietta University, Egypt

Email

-

City

-

Orcid

-

First Name

Ahmed

Last Name

El-Shafei

MiddleName

M. A.

Affiliation

Department of Agricultural Economics, Faculty of Agricultural, Minia University, Egypt

Email

ahmed_elshafei2005@yahoo.com

City

-

Orcid

0000-0001-9427-5571

Volume

3

Article Issue

10

Related Issue

43853

Issue Date

2023-10-01

Receive Date

2023-08-25

Publish Date

2023-10-01

Page Start

122

Page End

141

Print ISSN

2805-2420

Online ISSN

2805-2439

Link

https://nvjas.journals.ekb.eg/article_324541.html

Detail API

https://nvjas.journals.ekb.eg/service?article_code=324541

Order

324,541

Type

Original Research

Type Code

2,101

Publication Type

Journal

Publication Title

New Valley Journal of Agricultural Science

Publication Link

https://nvjas.journals.ekb.eg/

MainTitle

The Economic Practices of The Food Manufacturing Sector and Their Role in Enhancing Competitiveness

Details

Type

Article

Created At

28 Dec 2024