Global Milk Powder Category - Procurement Market Intelligence Report

This procurement report offers key insights on the best practices for supplier selection and the strategies for category management.

  • Published: Aug 2017
  • Pages: 92
  • SKU: IRCMSTR14630
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Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Milk Powder - Category Spend Analysis

According to procurement analysts at SpendEdge, buyers are increasing their milk powder production capacities due to its longer shelf life when compared with milk. Milk powder can be stored for an extended period of about one year without any substantial loss of quality even at ambient temperatures. As per the US Dairy Export Council, milk powder retains the protein and vitamin content of its original milk source. A longer shelf life enables effective transportation of milk powder even with poor transportation facilities or road conditions in rural areas or transportation in extreme weather conditions. Issues such as short shelf life, large transport, and storage costs associated with exporting milk have also led to increased demand for milk powder. Also, relatively low-cost packaging and storage can help manufacturers balance supply with demand.

Milk Powder - Procurement Best Practices

Category managers must adopt organized procurement practices that allow them to exert better control over service providers, irrespective of the prevailing market forces as it will help them to manage expenses and service quality better.

One of the best procurement practices is to ensure adequate documentation and records of processes via inspection. Buyers should ensure that suppliers have adequate documented system SOPs in place for core processes such as procurement, storage, processing, and packing. Buyers should conduct a periodic audit of the whole system according to the standard operating procedure regarding GMP/GHP. Also, they should maintain records of food processing/preparation, food quality, laboratory test results, and pest control for one year or the shelf life of the product.

 Milk Powder - Procurement Challenges

This procurement research report on the milk powder market highlights some of the challenges faced by buyers in this market. Some of the key challenges included in this procurement report are the threats faced during adulteration, difficulty in the monitoring of farm and nutrition management practices, and unavailability of proper cold storage facilities.

According to the procurement experts at SpendEdge, a key procurement pain point experienced by the category managers is the unavailability of cold storage facilities. Dairy products are perishable and require a complex set of operations and logistics such as cold chain to ensure freshness and safety. Though the cold chain market is modern and advanced in developed economies such as Australia, New Zealand, the US, Canada, and Germany, the emerging and fast-growing economies still have under-developed sales and distribution channels. This poses a challenge for global suppliers to introduce milk powder that has low shelf-life in these countries

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PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Nestle    
  • Danone    
  • Lactalis
  • Friesland Campina
  • Fonterra

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

Research Framework

SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary research

  • Procurement heads
  • Category managers
  • Sourcing consortium professionals
  • Industry experts and thought leaders
  • Procurement managers
  • Category heads of suppliers
  • Client account heads/managers
  • Client and industry consultants

Secondary research

  • Industry journals and reports
  • Periodicals and new articles
  • Category webinars
  • Internal categiry playbooks
  • Industry and government websites on regulations and compliance
  • Internal databases
  • Industry blogs/thought leader briefings

DATA ANALYSIS

SpendEdge INSIGHTS

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