WP5 - Revision history

Jsantiago: Pointed external links to new domain

2021-03-12T12:32:49Z

Pointed external links to new domain

Andrew at 21:29, 6 November 2018

2018-11-06T21:29:52Z

Andrew at 21:24, 6 November 2018

2018-11-06T21:24:01Z

Andrew at 15:13, 6 November 2018

2018-11-06T15:13:29Z

Andrew at 14:49, 6 November 2018

2018-11-06T14:49:19Z

Jacandrade at 11:51, 24 October 2018

2018-10-24T11:51:57Z

Jacandrade at 11:43, 24 October 2018

2018-10-24T11:43:24Z

Jacandrade: Created page with "= Work Package 5: Prediction models= ---- ---- == General information == ---- === DEVELOPMENT OF SIMULATION AND PREDICTION TOOLS === In WP5 simulation models are devel..."

2018-10-24T11:42:38Z

Created page with "= Work Package 5: Prediction models= ---- ---- == General information == ---- === DEVELOPMENT OF SIMULATION AND PREDICTION TOOLS === In WP5 simulation models are devel..."

New page

= Work Package 5: Prediction models=

----

----

== General information ==

----

=== DEVELOPMENT OF SIMULATION AND PREDICTION TOOLS ===

In WP5 simulation models are developed to analyse how changes in supply and demand affect production planning, economic performance, supply chain relationships, value added, potential product success, market trends and developments and thus competitiveness as measured by the updated FACI developed in WP1. Simulations of “boom and bust” cycles will be carried out and common traits highlighted that facilitate the development of prediction models. Building on work undertaken in WP4, a set of product success indicators will be established designed to indicate probability of successful launches on a targeted seafood market. The outcome of this WP will be simulation/forecasting models for analysing changes in competitiveness, prediction of instability of demand and supply including that of warning signs for “boom and bust” cycles and for indication of potential for product innovation success (SO5).

== Deliverables ==

=== [[Deliverable_5.1|D5.1 -Developing Innovative Market Orientated Prediction Toolbox to Strengthen the Economic Sustainability and Competitiveness of European Seafood on Local and Global markets ]] ===

The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)

== Links & Resources ==

----

*[http://www.primefish.eu/work-package-5-prediction-models More] information on Work Package 1.
*Main project [http://www.primefish.eu website]
*[http://primefish.eu/project#WP1 WP1 Consortium]

@@ Line 43: / Line 43: @@
 Scientific review paper “Early warning signs for “boom and bust” cycles”
 == Links & Resources ==
@@ Line 48: / Line 49: @@
 ----
-*[http://www.primefish.eu/work-package-5-prediction-models More] information on Work Package 1.
+*[http://primefish.cetmar.org/work-package-5-prediction-models More] information on Work Package 1.
-*Main project [http://www.primefish.eu website]
+*Main project [http://primefish.cetmar.org website]
-*[http://primefish.eu/project#WP5 WP5 Consortium]
+*[http://primefish.cetmar.org/project#WP5 WP5 Consortium]

← Older revision		Revision as of 21:29, 6 November 2018
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	The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)		The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)
−

	=== [[Deliverable_5.2\|D5.2 - “Boom-and-bust” model]] ===		=== [[Deliverable_5.2\|D5.2 - “Boom-and-bust” model]] ===

@@ Line 21: / Line 21: @@
 The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)
 === [[Deliverable_5.2|D5.2 -&nbsp;“Boom-and-bust” model]] ===
-Using the FSDA toolbox, simulation and prediction models will be compiled that can be used to predict price behaviour and give early-warning signals of a potential “boom and bust” cycle and to highlight the eventual presence of dumping phenomena and or other infringements that affect the market competitiveness of the European fisheries and aquaculture sectors.
+This deliverable discusses the methodology to develop simulation and prediction models to be used to predict price behaviour and to be integrated in the GRA of the PrimeDSS and PrimeDSF.
 === [[Deliverable_5.3|D5.3 -&nbsp;Strategic positioning model]] ===

@@ Line 22: / Line 22: @@
 The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)
-D5.2 -&nbsp;“Boom-and-bust” model
+=== [[Deliverable_5.2|D5.2 -&nbsp;“Boom-and-bust” model]] ===
-&nbsp;
+Using the FSDA toolbox, simulation and prediction models will be compiled that can be used to predict price behaviour and give early-warning signals of a potential “boom and bust” cycle and to highlight the eventual presence of dumping phenomena and or other infringements that affect the market competitiveness of the European fisheries and aquaculture sectors.
-D5.3 -&nbsp;Strategic positioning model
+=== [[Deliverable_5.3|D5.3 -&nbsp;Strategic positioning model]] ===
-&nbsp;
+The deliverable will be a model based on analysing strategically where in the value-chain companies choose to position themselves and how changes in their environment can affect this choice.
 === [[Deliverable_5.4|D5.4 - Demand analysis model]] ===
@@ Line 34: / Line 34: @@
 Some consumers expect clean and clear labels, transparency from manufacturers and highest safety while others value great taste, sensory appeal and premium quality. Others are relying on branded products and exhibit loyalty, again others may shop in non-traditional channels for food and purchase based on price. In order to address such consumer diversity and to succeed in a highly competitive marketplace, firms must understand differences in consumer preferences and behaviour in order to address them efficiently. New products (and existing ones) must be connected to consumers’ wants and expectations in order to be placed and marketed strategically and successfully. Many companies struggle with innovation and new product commercialization as is evident in failure rates of new food/drinks products as high as 70-80&nbsp;%. (Click title to read more)
-D5.5 -&nbsp;Innovation and price analysis
+=== [[Deliverable_5.5|D5.5 -&nbsp;Innovation and price analysis]] ===
-&nbsp;
+Building on the consumer analysis conducted in WP4 and in particular in Task 4.4, this deliverable will provide a deeper analysis of the willingness-to-pay (WTP) of consumers, and consequently the price that producers may charge in different markets. This will be done by analysing in depth the relationship between the various products’ attributes and WTP. This deliverable also provides instructions, already circulated to the Syntesa partners, on how to implement these models into the PrimeDSS in WP6.
-D5.6 -&nbsp;Scientific review paper “Early warning signs for “boom and bust” cycles”
+=== [[Deliverable_5.6|D5.6 -&nbsp;Scientific review paper “Early warning signs for “boom and bust” cycles”]] ===
-&nbsp;
+Scientific review paper “Early warning signs for “boom and bust” cycles”
 == Links & Resources ==

@@ Line 22: / Line 22: @@
 The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)
-=== [[Deliverable_5.4|D5.4 - Demand analysis model ]] ===
+D5.2 -&nbsp;“Boom-and-bust” model
-Some consumers expect clean and clear labels, transparency from manufacturers and highest safety
+&nbsp;
 while others value great taste, sensory appeal and premium quality. Others are relying on branded
-products and exhibit loyalty, again others may shop in non-traditional channels for food and purchase
+D5.3 -&nbsp;Strategic positioning model
 based on price. In order to address such consumer diversity and to succeed in a highly competitive
-marketplace, firms must understand differences in consumer preferences and behaviour in order to
+&nbsp;
 address them efficiently. New products (and existing ones) must be connected to consumers’ wants
-and expectations in order to be placed and marketed strategically and successfully. Many companies
+=== [[Deliverable_5.4|D5.4 - Demand analysis model]] ===
 struggle with innovation and new product commercialization as is evident in failure rates of new
-food/drinks products as high as 70-80 %. (Click title to read more)
+Some consumers expect clean and clear labels, transparency from manufacturers and highest safety while others value great taste, sensory appeal and premium quality. Others are relying on branded products and exhibit loyalty, again others may shop in non-traditional channels for food and purchase based on price. In order to address such consumer diversity and to succeed in a highly competitive marketplace, firms must understand differences in consumer preferences and behaviour in order to address them efficiently. New products (and existing ones) must be connected to consumers’ wants and expectations in order to be placed and marketed strategically and successfully. Many companies struggle with innovation and new product commercialization as is evident in failure rates of new food/drinks products as high as 70-80&nbsp;%. (Click title to read more)
 == Links & Resources ==

@@ Line 18: / Line 18: @@
 == Deliverables ==
-=== [[Deliverable_5.1|D5.1 -Developing Innovative Market Orientated Prediction Toolbox to Strengthen the Economic Sustainability and Competitiveness of European Seafood on Local and Global markets]] ===
+=== [[Deliverable_5.1|D5.1 - Fisheries and Aquaculture Competitiveness Index]] ===
 The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)
-&nbsp;
+=== [[Deliverable_5.4|D5.4 - Demand analysis model ]] ===
 == Links & Resources ==

@@ Line 1: / Line 1: @@
 = Work Package 5: Prediction models=
 ----
@@ Line 5: / Line 6: @@
 ----
+&nbsp;
 == General information ==
@@ Line 17: / Line 18: @@
 == Deliverables ==
-=== [[Deliverable_5.1|D5.1 -Developing Innovative Market Orientated Prediction Toolbox to Strengthen the Economic Sustainability and Competitiveness of European Seafood on Local and Global markets ]] ===
+=== [[Deliverable_5.1|D5.1 -Developing Innovative Market Orientated Prediction Toolbox to Strengthen the Economic Sustainability and Competitiveness of European Seafood on Local and Global markets]] ===
 The concept of competitiveness can be traced back to early writing on economics in the 17th and 18th centuries, but has become ever more urgent in the last decades with rapid improvements in transport and communication and a higher level of globalisation. Although competitiveness may be measured by single indicators, such as productivity of labour, a deeper understanding of the competitive standing of firms and countries can be gained by employing multi-dimensional measurements. Currently, the Global Competitiveness Index (GCI), developed and compiled by the World Economic Forum, is probably the most comprehensive index of its kind. The choice of methods depends on a variety of factors, including the perceived need for complexity, data availability and how the results are to be used. (Click title to read more)
 == Links & Resources ==
@@ Line 28: / Line 30: @@
 *[http://www.primefish.eu/work-package-5-prediction-models More] information on Work Package 1.
 *Main project [http://www.primefish.eu website]
-*[http://primefish.eu/project#WP1 WP1 Consortium]
+*[http://primefish.eu/project#WP5 WP5 Consortium]