Abstract
The products of the agriculture industry occupy a major portion of international trade. Export of agricultural commodities from developing countries consists of tropical beverages (tea, coffee, cocoa) and other agricultural products such as, bananas, sugar, oilseeds and natural rubber. Beverage like tea comprises a major fraction of the total export of the agricultural products of the Asian countries. Tea industries in the developing countries of Asia are facing huge competition. There also exists inefficiency in the value chain management in the tea industry especially related to land management and plucking efficiency and manufacturing cost. This in fact hinders the growth of this industry. Value chain analysis is one of the main components of strategic cost management. That is why the objective of this paper is to investigate the structure of value chain of the tea industry and associated problems in the developing countries. This paper attempts to find a strategic solution examining the strategic accounting model adopted by the developed countries like Japan. It examines and compares the value chain models that are adopted by the tea industries of Bangladesh and Japan. It has been observed that tea estate managers of Bangladesh are reluctant to maintain tea bushes which actually cut down the level of production and create anomaly in the value chain and provide less yield and low price.