what is the difference of producer commodity chain and buyer- driven commodity chain
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Whereas producer-driven global value chains are characterised by vertical integration by transnational corporations based on ownership and control, buyer-driven chains highlight the global sourcing networks established by retailers and marketers that rely heavily on sophisticated logistics and performance trust among
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Producer-driven GVCs tend to have high barriers of entry since many supply chains require capital and technology-intensive production supported by economies of scale, such as in the automobile and aeronautical industries. ... Buyer-driven GVCs tend to have low barriers to entry.
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