Journal Article

Dynamic analysis of policy impact of the warehouse receipt system on seaweed supply chain in Takalar Regency, South Sulawesi, Indonesia

Tajuddin, Mustamin, Rahim, Abd, Yusuf, Muhammad, Widaningsih, Neni, Harlina, Mardia

2025

Overview

Seaweed is one of the leading export commodities in South Sulawesi, Indonesia. It not only provides high economic returns but also offers significant ecological benefits, particularly in carbon sequestration. One of the main challenges in the development of seaweed commodities is the price volatility, which is highly dependent on market conditions. During harvest periods, prices tend to decrease, resulting in reduced profits for farmers. The aim of this research is to analyze the dynamic impact of the warehouse receipt system (WRS) policy on the seaweed trading systems in Takalar Regency, South Sulawesi. The research method employed is a quantitative approach using dynamic systems analysis. The study is conducted in Takalar Regency, which is one of the centers for seaweed cultivation in South Sulawesi. The findings indicate that the supply chain system, or trading system (sales), of seaweed in Takalar Regency generally consists of two components, namely: 1) direct sales of seaweed to collectors/wholesalers, and 2) sales of seaweed to cooperatives (Kospermindo) using the warehouse receipt system. The results of the dynamic systems analysis indicate that the average seaweed farmers can achieve a profit of approximately IDR 15.83 billion, which is around 246.39% higher compared to the direct sales system to traders, which yields a profit of only IDR 4.57 billion. There are several challenges in the development of the warehouse receipt system for seaweed, namely: 1) limited access to information about the warehouse receipt system, 2) insufficient socialization/education/extensive outreach and guidance, 3) the community's lack of interest in the warehouse receipt system due to an immediate need for cash, 4) farmers' mindset that perceives the warehouse receipt system as \"digging a hole to cover a hole\" approach, 5) difficulty for farmers in meeting the quality standards required for the commodities, and 6) limited availability of quality testing institutions at the warehouse locations.

• Publisher: Bioflux SRL
• Subject: Access to information / Agricultural production / Algae / Blue economy / Carbon dioxide / Carbon sequestration / Climate change / Commodities / Commodity prices / Dynamic analysis / Dynamical systems / Farmers / Fisheries management / Harvest / Impact analysis / Profit / Profits / Provinces / Quality standards / Research methods / Sales / Seaweeds / Supply chains / Systems analysis / Warehouses / Water quality