DUTCH LADY MILK INDUSTRY BERHAD
NATURE OF BUSINESS
Dutch Lady Milk Industries Berhad Malaysia is a dairy products manufacturer and supplier in Malaysia. Dutch Lady’s target market is people of all ages, ranging from infants to adults. Dutch Lady first started its operation in 1963 as a private joint-stock limited company. Six years after its start-up, Dutch Lady became the first milk company in Malaysia to be listed on the Stock Exchanges of Kuala Lumpur (Bursa Malaysia). Parent company of Dutch Lady is Royal Friesland Campina, one of the largest milk company based in Netherlands. By 2011, Dutch Lady held 40% of national market share for ‘growing-up milk’ in Malaysia.
Products of Dutch Lady
Dutch Lady Malaysia offers wide range of products for both domestic and foreign markets. In the 1960s, Dutch Lady started by offering a single product, a sweetened condensed milk and continued to offer various product innovations to accommodate wider ranges of milk-related products. In year 1986, Dutch Lady produced and supplied sterilized milk in plastic bottles to public. In the same year, Dutch Lady offered 'chilled' milk. Two years later, Dutch Lady developed a market for growing-up milk and yoghurt products. Today, after much effort to offer wider range of products to customers, Dutch Lady’s product ranges from infant nutritional products to growing-up milk and from sweetened condensed milk to fruit and yoghurt beverages.
Besides, Dutch Lady was recognized as the first milk producer to use Ultra High Temperature (UHT) milk processing method in Malaysia which allowed Dutch Lady to use the name UHT milk on its products. Dutch Lady Malaysia is also a large exporter of infant formula, growing up milk products, condensed milk as well as fru...
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.... It is the directors’ responsibility to identify potential risks that the company is likely to face or risks already faced by the company. This is basically to prevent such risk to arise again that may negatively affect the company’s operation. By identifying the risks, it allows the company to prepare step by step solutions to prevent or overcome such risk beforehand. It also allows company to take control of risks before risks affect the company seriously.
The second purpose is to disclose risk faced by the company to public including stakeholders and shareholders. Companies are obliged to disclose all the necessary information that is related to the performance of the company to stakeholders and shareholders. This is probably preventing shareholders to make wrong decisions in their investments due to insufficient information provided by the company.
The timing of the Hatcher’s change in business model could not have come at better time. The local food movement in the Nashville area was gaining prominence and Nashville became one of the most desirable cities to live and work in. The Hatcher’s close proximity to Nashville allowed them to capitalize on these favorable market conditions and quickly establish a niche market. Currently, over 40 vendors sell or use Hatcher milk in their products. Vendors include convenient stores, restaurants, bakeries, grocery stores, other farm stores etc.
China’s low class family changed rapidly into the middle class family. Therefore, they cut off the consumption of low standard or inferior goods and move towards the branded products which treated as necessity. Therefore the demand of foreign produced baby formula has risen faster compared to local baby milk. Another economics issue in the article is demand of powdered baby milk increased which leads to the shortage of the product in the market. One factor that affected the demand of baby milk is melamine-tainted baby milk led to the death of six children and caused thousands of children to fall ill. There is also an issue of black market due to the shortage caused by product
...nerally a more healthy people. Milk has many hazards that are veiled from the public and pose many grave risks to a consumers health.
Identify the potential risks which affect the company and manage these risks within its risk appetite;
Milk is a common drink at any time of the day, and undeniably one of the most popular. Milk does not come in just a liquid form, it is also included in many different foods. When asked about milk most people will say it is good for your bones, supplies calcium, and comes from a cow. Although milk does give the body calcium which allows less to be absorbed from the bones, pasteurization takes out many other vitamins that could help the body (Historical). This includes thiamine, vitamin B12, and vitamin C. And actually while all milk is based on the original look of cows milk, not all milk comes from cows. Today there are five classifications of milk: Whole, 1% or 2%, fat-free, lactose free, and organic. The biggest advancement for milk has been in the lactose-free area where soybeans, coconuts, rice, and other nuts are used to create the white substance (Mattie).
Victoria is found in the Western part of Canada in British Columbia and is the provinces capital city (Tourism Victoria, 2018). Victoria can be found on the southern end of Vancouver Island which is the largest island off the west coast of North America (Tourism Victoria, 2018). Victoria’s longitude is 123 degrees 22’ west and the latitude is 48 degrees 25’ north (Tourism Victoria, 2018). In 2016, Victoria’s population was approximately 367, 770 people (Statistics Canada, 2017). The physical geography of Victoria is vast.
The Milk Processor Education Program released this ad in 2015 to promote chocolate milk as a healthy drink that women should consume. It is funded by some of the nation’s most known milk
The idea is to present a new image of the milk. We can give it a
Breastfeeding is the most protective, nutritional, and natural way to provide nourishment to infants. Human milk contains several nutrients including: vitamins, proteins, lipids, carbohydrates and minerals. These nutrients are imperative for an infant’s developmental growth. Human milk also reduces the risk of developing morbidities, especially within premature infants. Premature infants, who are more prone to infection due their immune systems, benefit from human milk. Compared to artificial formulas, human milk provides antibodies and other beneficial nutrients to help with the development of the infant.
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.
First, Royal FC is fully owned by member dairy farmers, who are independent entrepreneurs from the Netherlands, Germany and Belgium (FrieslandCampina n.d.). Naturally, the company has best knowledge of the tastes and preferences of the European market. Second, the liability of outsidership increases costs for doing business in the distant regions as the transaction costs are higher for countries outside the home region (Peng & Meyer 2016). Moreover, the CSR practices tend to be more expensive outside Europe, and investment in politically unstable areas are avoided (needs source). Third, over 90% of adults in East Asia are lactose intolerant. The intolerance is also common in West Africa, which is a reason why FC does not target these markets as much (Genetics Home Reference 2010). Overall, FC has the intention on continuing the worldwide growth in the future. They already took steps and aligned their current strategy to reach the status of a global firm in the future. Therefore, it is likely it will become a global company in the medium to long
As has been discussed before, risk identification plays an important part in the risk such as unique, subjective, complex and uncertainly. There are no two identical leaves in the world; similar, there are no two exactly the same risk either. Hence the best risk manger could not identify risk completely. Besides, risk identification assessment is done by risk analysts. As the different level of risk management knowledge, practical experience and other aspects between individuals, the result of risk identification may be difference. Furthermore, the process of identifying risk is still risky. Once risks have been identified, corporations have to take actions on limiting risky actions to reduce the frequency and severity of risky. They have to think about any lost profit from limiting distribution of risky action. So reducing risk identification risk is one of assessments in the risk
Breastfeeding has been a widely used source of nutrition since the early days of mankind, though during the late nineteenth century, formula began to become a replacement (“Breastfeeding in public” 1). There are different forms of providing nutrients for infants, which include breastfeeding, pumping, and instant formula (“Breastfeeding in public” 1). In
I submit this report on revision to the ¡°Got Milk?¡± ad to better adjust in South Korean market on March 20, 2006.
The packaged milk category was originated in 1981 by (quaintly named) Milk Pak, which pioneered tetra pack milk in Pakistan. The supply chain involved collecting milk from rural areas across Punjab, processing the milk through UHT (Ultra-High Temperature Processing) treatment, and selling it to consumers in uniquely colored triangular and rectangular packs designed to prolong the milk’s quality. Milk Pak’s “Milk Packs” were very well-received and the brand soon became synonymous with quality milk. Its first real competition came in the form of Haleeb, which introduced distinctively blue tetra packs to the market in 1986.