LONDON--(BUSINESS WIRE)--Global procurement market intelligence advisory firm, SpendEdge, has announced the release of their 'Dairy Derivatives Procurement Research Report.' The insights and data in this report provide 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 for the agro commodities and raw materials industry. This report breaks down the data and analysis behind the procurement of dairy derivatives and acts as an all-inclusive guide for making smart purchasing decisions.
"An increase in the production and consumption of dairy products in emerging economies such as India and Turkey driving the growth of this market," says SpendEdge procurement analyst A Kowshik. "Moreover, as sales and distribution channels modernize, suppliers will be able to access newer markets," added Kowshik.
Key Report Features
| Supply Market Insights | Negotiation Strategies | ||
| Procurement Best Practices | Category Risk Analysis | ||
| Cost Saving Opportunities | Key Supplier Analysis | ||
| Pricing Models | Supplier Capability Matrix |
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Report Insights
- Suppliers focus on positioning themselves as clean label brands because of the increasing demand by end-consumers for total transparency across the supply chain of dairy products. This includes providing fact-based information that helps consumers evaluate the quality and reliability of sourcing practices and make informed decisions. Thus, dairy derivative manufacturers need to ensure that they follow clear and clean label practices.
- Purchasing managers must ensure that they partner with third-party suppliers to conduct periodic supplier audits and checks to measure performance against relevant industry standards and specifications. This will ensure that the examination or assessment is comprehensive and appropriate to businesses’ requirements.
- In geographies with an unorganized market, the dairy derivatives market is prone to have the presence of illegal supply chain of adulterated dairy derivatives. These products have a higher probability of being adulterated with certain chemicals that are not easily traceable. Hence, this may impact the health of many end-consumers.
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Dairy Derivatives Pricing Trends
The volume-based pricing is a widely implemented pricing model in the global dairy derivatives market. In volume-based pricing, purchasing managers can reserve production capacities with the supplier to ensure the availability of the product during demand-supply fluctuations. It also protects purchasing managers against the dynamic behavior of market prices of raw materials as they can fix the price over the commencement of the contract.
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About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.
