Home > Proceedings of the International Plant Propagators Society – 2012 > MANAGING PRODUCTION RISKS IN THE NURSERY©

Articles

MANAGING PRODUCTION RISKS IN THE NURSERY^©

Article number

1014_26

Pages

135 – 139

Language

English

Abstract

Plant production in nurseries is subject to different risks including finances, marketing, weather, and human resources.
There are a number of tools for nursery business owners to manage the different risks.
Issues related to the labor pool, human resource management, and turnover of labor and staff affects labor intensive businesses like nurseries.
Considering mechanization or automation can assist in managing some labor issues.
Production costs of individual items in the nursery affect pricing and decisions of which products are profitable and should remain in a nurserys product mix.
A spreadsheet tool is available to calculate costs of individual products or groups of similar products in the complex production scheme of a business carrying hundreds of different products.
Nursery operations can choose among different insurance products to cover production risks related to weather and marketing.
A brief introduction to nursery insurance, adjusted gross revenue (AGR), and AGR-Lite outlines similarities and differences between the products.

Publication

Proceedings of the International Plant Propagators Society – 2012

Authors

U.K. Schuch

Keywords

Full text

https://doi.org/10.17660/ActaHortic.2013.1014.26

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