Better Productivity Necessary for Fishery to Evolve
Last month I talked about quality, probably the biggest issue we face as an industry.
This month, I will discuss productivity, another big issue that must be addressed, if we are going to have a better future. And, as we will see, the two issues are related.
Productivity is measured as a ratio:
Productivity = Output / Input
In other words, it is simply a measure of how much of something we get out compared to what we put in. It is a way to measure effectiveness and efficiency in ...
Quality is Biggest Issue Facing the Fishery Today
Of all the challenges we have in the capture fishery in Atlantic Canada — and there are many — probably none is bigger or more important to the future of the industry than the need to improve the quality of our raw materials and finished products.
Quality is a foundation piece — it underpins everything else, determining what is possible in processing and marketing, our ultimate output value, the incomes earned by harvesters and plant workers and the profitability of plants and fishing ...
Maximizing Value
In my last three columns, I have talked about the discussions that took place at a workshop CCFI held in September on the fishery of the future in Newfoundland and Labrador.
After hearing presentations from some very knowledgeable people on different aspects of the industry, participants in the workshop reached a consensus that we need a value-driven business model focused on maximizing the value obtained from our limited resources.
No one disagreed. That is particularly notable, because ...
