ENABLING SMART PROCUREMENT

Global Soy Bean 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: Sep 2017
  • Pages: 94
  • SKU: IRCMSTR14621
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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

 

Soy Bean - Category Spend Analysis

 

According to procurement analysts at SpendEdge, soybeans are becoming popular in the food and beverage industry due to the rising awareness regarding its health-benefits. Soy bean has a high concentration of proteins, vitamins, minerals, and insoluble fiber, which had led to its adoption in products such as oil, milk, flour, and protein supplements. Due to the qualities mentioned above, these products are finding high adoption in developing countries, with a growing middle-class population with higher disposable incomes. Also, health-conscious consumers are moving to soy-based products to protect themselves against heart diseases and high cholesterol levels.

Soy Bean - Procurement Best Practices

 

Buyers need to partner with third-party auditors to assess the supplier’s sourcing practices and strategies before agreeing to engage with them. The third party auditors will aid the buyers by regularly visiting soy bean farms to assess and analyze the practices followed and sourcing strategies employed. The soy bean procurement report also states that the third-party auditors also develop strategies to improve quality of sourcing practices and implement changes through appropriate training programs. Such practices are beneficial for both the buyers and the suppliers in the long run.

Soy Bean - Procurement Challenges

 

This soy bean procurement report highlights some of the challenges faced by buyers while procuring soy bean, such as the threat of deforestation and loss of biodiversity. The report identifies the global soy bean market to be one of the leading contributors to deforestation and loss of biodiversity, especially in grasslands across South America.

In recent times, numerous reports on possible labor related malpractices and human rights violations in the soy bean farms have also emerged, making it a priority for buyers to identify potential high-risk sourcing zones prior to the engagement process. To mitigate these challenges, SpendEdge’s analysts highlight the need for buyers to collaborate with suppliers. Together, they need to identify these issues and execute suitable remedies.

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

 

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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

  • Cargill
  • ADM
  • DuPont
  • Nestle
  • Unilever

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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