Global Milk Powder Category - Procurement Market Intelligence Report
About Milk Powder Market
Milk powder can be stored for an extended period of about one year without any substantial loss of quality even at ambient temperatures. 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.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Milk Powder Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Milk Powder Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Milk Powder Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Milk Powder Category - Procurement Market Intelligence Report: Nestle, Danone, Lactalis, Friesland Campina, and Fonterra.
Commenting on the report, an analyst from SpendEdge said: “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.”
According to the report, 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.
Further, the report states that a key procurement challenge faced 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.
Nestle, Danone, Lactalis, Friesland Campina, and Fonterra.
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