Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems

Abstract The use of key performance indicators (KPIs) to assist on-farm decision making has long been seen as a promising strategy to improve operational efficiency of agriculture. The potential benefit of KPIs, however, is heavily dependent on the economic relevance of the metrics used, and an over...

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Main Authors: Andy Jones, Taro Takahashi, Hannah Fleming, Bruce Griffith, Paul Harris, Michael Lee
Format: article
Language:EN
Published: Nature Portfolio 2021
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Online Access:https://doaj.org/article/03a275d2bb8c40a19f7b6df8215a64d2
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spelling oai:doaj.org-article:03a275d2bb8c40a19f7b6df8215a64d22021-12-02T17:08:35ZQuantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems10.1038/s41598-021-96336-12045-2322https://doaj.org/article/03a275d2bb8c40a19f7b6df8215a64d22021-08-01T00:00:00Zhttps://doi.org/10.1038/s41598-021-96336-1https://doaj.org/toc/2045-2322Abstract The use of key performance indicators (KPIs) to assist on-farm decision making has long been seen as a promising strategy to improve operational efficiency of agriculture. The potential benefit of KPIs, however, is heavily dependent on the economic relevance of the metrics used, and an overabundance of ambiguously defined KPIs in the livestock industry has disincentivised many farmers to collect information beyond a minimum requirement. Using high-resolution sheep production data from the North Wyke Farm Platform, a system-scale grazing trial in southwest United Kingdom, this paper proposes a novel framework to quantify the information values of industry recommended KPIs, with the ultimate aim of compiling a list of variables to measure and not to measure. The results demonstrated a substantial financial benefit associated with a careful selection of metrics, with top-ranked variables exhibiting up to 3.5 times the information value of those randomly chosen. When individual metrics were used in isolation, ewe weight at lambing had the greatest ability to predict the subsequent lamb value at slaughter, surpassing all mid-season measures representing the lamb’s own performance. When information from multiple metrics was combined to inform on-farm decisions, the peak benefit was observed under four metrics, with inclusion of variables beyond this point shown to be detrimental to farm profitability regardless of the combination selected. The framework developed herein is readily extendable to other livestock species, and with minimal modifications to arable and mixed agriculture as well.Andy JonesTaro TakahashiHannah FlemingBruce GriffithPaul HarrisMichael LeeNature PortfolioarticleMedicineRScienceQENScientific Reports, Vol 11, Iss 1, Pp 1-13 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle Medicine
R
Science
Q
Andy Jones
Taro Takahashi
Hannah Fleming
Bruce Griffith
Paul Harris
Michael Lee
Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
description Abstract The use of key performance indicators (KPIs) to assist on-farm decision making has long been seen as a promising strategy to improve operational efficiency of agriculture. The potential benefit of KPIs, however, is heavily dependent on the economic relevance of the metrics used, and an overabundance of ambiguously defined KPIs in the livestock industry has disincentivised many farmers to collect information beyond a minimum requirement. Using high-resolution sheep production data from the North Wyke Farm Platform, a system-scale grazing trial in southwest United Kingdom, this paper proposes a novel framework to quantify the information values of industry recommended KPIs, with the ultimate aim of compiling a list of variables to measure and not to measure. The results demonstrated a substantial financial benefit associated with a careful selection of metrics, with top-ranked variables exhibiting up to 3.5 times the information value of those randomly chosen. When individual metrics were used in isolation, ewe weight at lambing had the greatest ability to predict the subsequent lamb value at slaughter, surpassing all mid-season measures representing the lamb’s own performance. When information from multiple metrics was combined to inform on-farm decisions, the peak benefit was observed under four metrics, with inclusion of variables beyond this point shown to be detrimental to farm profitability regardless of the combination selected. The framework developed herein is readily extendable to other livestock species, and with minimal modifications to arable and mixed agriculture as well.
format article
author Andy Jones
Taro Takahashi
Hannah Fleming
Bruce Griffith
Paul Harris
Michael Lee
author_facet Andy Jones
Taro Takahashi
Hannah Fleming
Bruce Griffith
Paul Harris
Michael Lee
author_sort Andy Jones
title Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
title_short Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
title_full Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
title_fullStr Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
title_full_unstemmed Quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
title_sort quantifying the value of on-farm measurements to inform the selection of key performance indicators for livestock production systems
publisher Nature Portfolio
publishDate 2021
url https://doaj.org/article/03a275d2bb8c40a19f7b6df8215a64d2
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