Kellogg’s Supply Chain Case Study Help
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The Kellogg Company Porter's Five Force Analysis
Kellogg's decision-makers in the United States can use Porter's Five Forces as a strategic management tool to conduct industry analysis. It will be useful to Kellogg's decision-makers in mapping the competitive forces in the consumer/non-cyclical industry in both domestic and foreign markets.
The Porter 5 Forces case study solution, analysis methodology, and assignment help are all offered by MyAssignmenthelp.com experts in a highly professional manner.
The Porter Five Forces determine how the Food Processing industry is structured.
- Bargaining power of suppliers- The ability of suppliers to demand higher prices from Kellogg depends on their level of bargaining power in the food processing industry. As a result, it will affect Kellogg's ability to continue making above-average profits in the food processing sector.
- The threat of substitute goods and services in the food processing sector- If this threat is significant, Kellogg will need to continue investing in R&D or risk losing market share to competitors.
- Competition among current players in the food processing sector- If there is fierce competition, it will be challenging for current players like Kellogg to achieve long-term financial success.
- Consumer/non-cyclical sector buyers' bargaining power- If the buyers have significant bargaining power, they frequently tend to drive prices down, limiting the ability of Kellogg to generate long-term profits.
- The threat of new entrants in the food processing industry- If there is a significant risk of new entrants, existing players may be willing to accept lower profits in order to lessen the threat from new players.
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The Kellogg Company Segmentation
Geographic segmentation, Demographic segmentation, Psychographic segmentation, and Behavioral segmentation are the four main categories that best describe Market Segments for Kellogg Company:
Geographic Segmentation
Due to the diverse cultures, preferences, and administrative systems of prospective customers, geographic segmentation is extremely effective for Kellogg in the international markets. Second, it is wise to do geographic segmentation if the cost of transportation is crucial in delivering the value proposition because the costs of serving customers in various locations will vary greatly.
Demographic Segmentation
Based on factors such as gender, income, occupation, age, life cycle stage, ethnicity, religion, and generation, demographic segmentation divides the mass market into smaller segments and groups. Given that Kellogg's products offer a superior value proposition, the company should divide its customer base based on two main demographic factors: prospective customers' income and life cycle stage.
Psychographic Segmentation
In order to categorize potential customers into different groups based on personality traits, purchasing habits, consumption preferences, opinions on social issues, leisure pursuits, hobbies, and a variety of other factors, Kellogg can use psychographic segmentation. In addition, people in the same demography can have a variety of psychographic traits depending on their individual life experiences and upbringing.
Behavioral Segmentation
Based on their attitudes, product knowledge, product uses, and other responses to a product, buyers are divided into groups by behavioral segmentation. Marketing professionals think behavior factors are a good place to start when creating consumer segments. The organization can concentrate on key features with the aid of behavior segmentation and can give customers features they are more likely to use.
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What Are The Areas Covered By Our Experts In Kellogg's Supply Chain Case Study Assignment?
The supply chain management system at Kellogg's includes specific processes that are carried out to guarantee that the manufactured product is made available to its final consumer. The industry has divided the supply chain into three sectors:
- Primary Sector: This is where the company receives its raw materials from all over the world.
- Secondary Sector: The finished goods are created here using the provided raw materials, shipped to wholesalers, or kept in storage facilities.
- Tertiary Sector: Companies in the secondary sectors use this service sector to improve or optimize business procedures.
Various departments and functions coordinate and collaborate throughout the supply chain system, including the purchasing, quality control, sales, transportation, and distribution processes. Therefore, any company's business strategy should consider the amount of Kellogg Stakeholder Engagement, how to obtain raw materials from the best sources and how to use those materials in the production of a product.
Sample Question And Solution For Kellogg's Supply Chain Case Study
A Proposal For The Kellogg’s Company
Question:
Write a proposal on the prospects of introducing a new healthy on the go cereal product to the market.
Answer:
Introduction
In this article, a proposal will be given for the Kellogg’s company. Kellogg’s is a well-known brand in cereal category. It is situated in Michigan, United States. It is currently running for 110 years. It has various cereal and convenience food products. It includes crackers, cereal bars, toaster pastries, fruit flavored and vegetarian foods. The brand has several iconic products like Corn Flakes, Froot Loops, Honey Loops, Tarts, Nutri-Grain and Choco Flakes. They market their products in various ways. It has made a name for itself. Read More..
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