Sunday, January 5, 2020

American Food and Grains Commodity and Ingredient...

American Food and Grains: Commodity and Ingredient Procurement Background The company was founded in 1969 as a flour milling company, after some diversifications the company has today three major groups: Consumer foods, Agricultural foods and Restaurants. Quality The company’s most important measure of performance is the food safety and quality. They use a broader concept of quality: Quality of people, products and performance. Quality is a big issue for the company. Quality sector: QA (Quality Assurance). Procurement Procurement has five areas: commodities, ingredients, capital goods, packaging and MRO (maintenance, repairs and operating parts). The major area is commodities, followed by ingredients, creating the Camp;I†¦show more content†¦These specifications could be revised. In general what QA wanted from Procurement was consistency of ingredients and suppliers. * Business units Each business unit focused in a group of products, they were evaluated based on their profitability and their objective was returns on invested capital. Since Erikson joined the company Procurement has been increasing the links with the business units. An example was the monthly procurement strategy meeting between them. Procurement also made recommendations for the unit’s ingredients. The meetings were considered very important by both. King alternatives and improvement programs Since King assumed the commodities direction, she initiated three programs to improve their own and their supplier’s performance. She was also concerned about the deterioration in the performance of Squier, a major supply of oils. * Vendor Analysis Program She wanted a uniform method to evaluate vendor performance (different areas evaluated different things). She developed, with Erikson, a instrument for rating vendors on a number of key criteria, the form was kept as simple as possible. The buyers gave equal weight to the following performance areas: technical assistance, pricing, logistics and quality. The forms were evaluated by different areas, and possible inequalities were investigated. They had them a chart â€Å"Vendor Quality x Volume of Business†, the goal was to push the vendor to the upper right-hand quarterShow MoreRelatedPepsico : A Global Beverage And Snack Company2139 Words   |  9 Pagesit to his pharmacy clients. PepsiCo is a global beverage and snack company that produces, markets, and sells a variety of sweet, convenient, salty, and grain-based snacks, carbonated and non-carbonated beverages, and foods. PepsiCo operates six global divisions, including: North America Beverages (NBA); Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); Latin America; Europe Sub-Saharan Africa (ESSA); and Asia, Middle East North Africa (AMENA). FLNA’s net revenue was about 21% ofRead MoreProcessed Cheese and Kraft Foods30876 Words   |  124 PagesKraft Foods 2011 TABLE OF CONTENTS Executive summary(KH) 6 Indroduction(ME) 7 Background/ History of Kraft (ME) 7 Mission Statement(ME) 8 Major Goals(ME) 12 Business(ME) 12 Corporate and Environmental Philosophy(ME) 12 Mission Statement Analysis(ME) 13 Strategic Evolution(KH) 13 Intended Strategies(KH) 14 Emergent Strategies(KH) 16 Stakeholders(CB) 20 Internal(CB) 20 External(CB) 22 Kraft’s Organization and Structure (YL) 23 Purpose of the Report(KH) 26 ExternalRead MoreExample of Product Strategy13854 Words   |  56 Pageswas changed to I.T.C. Limited in 1974. In recognition of the Companys multi-business portfolio encompassing a wide range of businesses - Cigarettes Tobacco, Hotels, Information Technology, Packaging, Paperboards Specialty Papers, Agri-Exports, Foods, Lifestyle Retailing and Greeting Gifting Stationery - the full stops in the Companys name were removed effective September 18, 2001. The Company now stands rechristened ITC Limited. Though the first six decades of the Companys existence wereRead MoreOreo and Pt Danone Biscuit15809 Words   |  64 PagesANALYZING AND MANAGING FOREIGN MODES OF ENTRY FOR FOOD INDUSTRY (BISCUIT) Oleh : Kelompok 5 Margaretha Pink Berlianto (19090054) Diana Permana (19090062) PROGRAM STUDI MASTER OF MANAGEMENT UNIVERSITAS PELITA HARAPAN JAKARTA 2010 DAFTAR FOREIGN DIRECT INVESTMENT DALAM BIDANG FOOD INDUSTRY (BISCUIT) DI INDONESIA 1. PT Kraft Foods Indonesia. 2. PT Arnott’s Indonesia. 3. PT Ceres Meiji Indotama. DAFTAR IMPORTIR DAN DISTRIBUTOR DALAM BIDANG FOOD INDUSTRY (BISCUIT) DI INDONESIA : 1. PT PandurasaRead MoreKellogg Annual Report50191 Words   |  201 Pageshigh-quality, nutritious foods that consumers around the world know and love. With 2009 sales of nearly $13 billion, Kellogg Company is the world’s leading producer of cereal, as well as a leading producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, frozen waffles and vegetarian foods. We market more than 1,500 products in over 180 countries, and our brands include such trusted names as Kellogg’s, Keebler, Special K, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice KrispiesRead MoreBangladeshs Trade Barriers in Global Perspective - a Comparative Analysis11770 Words   |  48 Pageshas benefited from eight rounds of multilateral trade liberalization, as well as from unilateral and regional liberalization. Many developing countries have substantially increased their exports of manufactures and services relative to traditional commodity exports: manufactures hav e risen to 80 percent of developing country exports. Moreover, trade between developing countries has grown rapidly, with 40 percent of their exports now going to other developing countries. The poorest countries have seenRead MoreKraft Annual Report99993 Words   |  400 PagesKRAFT FOODS INC (KFT) 10-K Annual report pursuant to section 13 and 15(d) Filed on 02/28/2011 Filed Period 12/31/2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark one) FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2010 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER 1-16483 Kraft Foods Inc. (ExactRead MoreSustainable Cities6522 Words   |  27 Pageswith the collaboration of Suzuki Company of Japan. Now with the coming up of multinational companies like Hero Honda Motor, Honda Motors Limited, Denso etc. in automobile sector and Microsoft, I.B.M. Nokia, Canon, DuPont, Sapient, British Airways, American Express, ABN Amro Bank, Alcatel, Nestle, Convergys, Hewitt, Vertex, Fidlity Investment, E.Vallue, Keine World India, Becton Dickinson India Private Limited in software development sector. With the result, the biggest cyber city of India spreadingRead MoreVideo Notes29279 Words   |  118 Pageshotel rooms managers, and support departments (bell staff, stewarding), information from meeting planners regarding program details, meeting room and hotel room reservation requirements, and food beverage needs, equipment such as Nextel radio phones, and materials, facilities and services like food ingredients, banquet linens and tables, and computer services. Th e output of Starwood’s meeting planning process is a successfully planned meeting, as evidenced by the scores and comments returned onRead MoreFunctional Approach to Internal Analysis14942 Words   |  60 Pages | |organization affecting perfomance | 3. Procurement Department |STRENGH |WEAKNESS |STRATEGIC IMPLICATION | |Existence of procurement policy | |Affects the timing,price and quality of goods | |

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.