ENABLING SMART PROCUREMENT

  • Published in: Sep 2017
  • Pages: 95
  • SKU: IRCMSTR14538

Global Wheat Category - Procurement Market Intelligence Report

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SpendEdge’s procurement market research report on the global wheat 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 purchasing 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

 

Wheat - Category Spend Analysis

 

According to analysts at SpendEdge, one of the key growth drivers for the global wheat market is the growth in production of different varieties/breeds of wheat through the adoption of double haploid technology. Farmers/suppliers genetically modify wheat plant to grow a wheat crop of desirable traits. However, genetically modified wheat crops are not commercially available as they are not approved by a certified body.

Biotechnology tools such as double haploid technology is an important equipment to fasten the crop breeding methods in the changing climatic conditions. The use of such technologies has assisted in catering to the buyer's demand for different varieties of wheat. For instance, in North America and Europe, countries are increasingly positioning themselves toward producing different varieties of wheat through double haploid technology, which may indicate a potential acceleration of the technology in these regions.

Wheat - Procurement Best Practices

 

One of the procurement best practices is to ensure the utilization of effective crop management practices by suppliers to maintain a high-quality yield with optimal protein content. Effective crop management focuses on the following parameters -

Variety – Suppliers can use MSU variety selection tool web page to help pick a high yielding, high-protein variety based on the traits desired, location, and cropping system. The major purpose of increasing protein content in wheat varieties is to make bread

Rotation and cultivation – Suppliers must ensure regular rotation of crops for the retention of protein content. For instance, dryland winter wheat has consistently high protein content when grown after pea than grown after barley

Wheat - Procurement Challenges

 

According to this procurement market research report, one of the major procurement challenges faced by buyers is the risk of procuring low-quality wheat as it is adulterated for increasing its protein content. This makes the food products containing wheat unhealthy for consumption and may result in dangerous food products that contain poisonous chemicals along with the inability to meet buyers’ requirements. Production delays due to the recall of such unsafe food products produced by noncompliant suppliers will cost millions of dollars to buyers’ firms in the form of warranty costs and associated inventory adjustments. For instance, in 2007, Menu Foods’ (buyer of wheat) market capitalization was halved after the company called its pet food (containing wheat) as its suppliers were suspected of mixing toxic melamine into their wheat gluten to make it appear more protein-rich.

 

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

 

Wheat - Category Spend Analysis

 

According to analysts at SpendEdge, one of the key growth drivers for the global wheat market is the growth in production of different varieties/breeds of wheat through the adoption of double haploid technology. Farmers/suppliers genetically modify wheat plant to grow a wheat crop of desirable traits. However, genetically modified wheat crops are not commercially available as they are not approved by a certified body.

Biotechnology tools such as double haploid technology is an important equipment to fasten the crop breeding methods in the changing climatic conditions. The use of such technologies has assisted in catering to the buyer's demand for different varieties of wheat. For instance, in North America and Europe, countries are increasingly positioning themselves toward producing different varieties of wheat through double haploid technology, which may indicate a potential acceleration of the technology in these regions.

Wheat - Procurement Best Practices

 

One of the procurement best practices is to ensure the utilization of effective crop management practices by suppliers to maintain a high-quality yield with optimal protein content. Effective crop management focuses on the following parameters -

Variety – Suppliers can use MSU variety selection tool web page to help pick a high yielding, high-protein variety based on the traits desired, location, and cropping system. The major purpose of increasing protein content in wheat varieties is to make bread

Rotation and cultivation – Suppliers must ensure regular rotation of crops for the retention of protein content. For instance, dryland winter wheat has consistently high protein content when grown after pea than grown after barley

Wheat - Procurement Challenges

 

According to this procurement market research report, one of the major procurement challenges faced by buyers is the risk of procuring low-quality wheat as it is adulterated for increasing its protein content. This makes the food products containing wheat unhealthy for consumption and may result in dangerous food products that contain poisonous chemicals along with the inability to meet buyers’ requirements. Production delays due to the recall of such unsafe food products produced by noncompliant suppliers will cost millions of dollars to buyers’ firms in the form of warranty costs and associated inventory adjustments. For instance, in 2007, Menu Foods’ (buyer of wheat) market capitalization was halved after the company called its pet food (containing wheat) as its suppliers were suspected of mixing toxic melamine into their wheat gluten to make it appear more protein-rich.

 

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.  

PART 1: SUMMARY

  • Research Objectives and Methodology
  • Category Definition

PART 2: CATEGORY AT A GLANCE

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

PART 3: MARKET INSIGHTS

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

PART 4: SUPPLY MARKET INSIGHTS

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

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Model 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

  • ADM
  • Bunge
  • Cargill
  • Louis Dreyfus
  • Glencore

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: SUMMARY

  • Research Objectives and Methodology
  • Category Definition

PART 2: CATEGORY AT A GLANCE

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

PART 3: MARKET INSIGHTS

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

PART 4: SUPPLY MARKET INSIGHTS

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

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Model 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

  • ADM
  • Bunge
  • Cargill
  • Louis Dreyfus
  • Glencore

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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