ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 70
  • SKU: IRCMSTR14630

Global Milk Powder Category - Procurement Market Intelligence Report

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SpendEdge’s procurement research report on the global milk powder market is an all-inclusive guide enabling sourcing and procurement leaders to make smart purchasing decisions. This report provides a strategic analysis of the supply markets, factors influencing procurement decisions, procurement best practices, pricing models, supplier landscape and an analysis of the supplier capability matrix.

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

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.  

Read less

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

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.  

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Nestle    
  • Danone    
  • Lactalis
  • Friesland Campina
  • Fonterra

PART 8: APPENDIX         

  • Glossary
  • About Us     
Read less

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Nestle    
  • Danone    
  • Lactalis
  • Friesland Campina
  • Fonterra

PART 8: APPENDIX         

  • Glossary
  • About Us     

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