Preview

Manufacturing

Good Essays
Open Document
Open Document
3374 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Manufacturing
I. Food Manufacturing Industry in Philippines Food manufacturing, which includes food and beverage processing, remains the Philippines most dominant primary industry. The industry is worth a gross added value of more than $2 billion and grew by 3.2 percent. The Philippines Bureau of Food and Drugs Statistical Report of Establishments lists a total number of 11601 food processing establishments nationwide. Most of the companies are owned by a single proprietor that is common among micro, cottage and small industries. There are a few large multiproduct firms, some of which operate in partnership or as a subsidiary of foreign or multinational companies. Unlike some other countries in the regions where multinationals dominate food sales, local companies such as San Miguel, RFM Corporation, Universal Robina Corporation and a few others dominate some sectors of the market or compete equally with foreign players. The food processing industry is comprised of the following major sectors: fruits and vegetables, fish and marine products, meat and poultry products, flour and bakery products, beverage and confectionery, dairy foods, food condiments and seasonings, food supplements, bottled water; snack foods, and fats and oils. Local food processors are faced with numerous challenges in order to maintain market share or when introducing a new product, now that a wide variety of imported processed foods readily enter the market due to increased trade liberalization. The industry contributes approximately 20 percent of Gross Domestic Product (GDP) per annum. Domestic processors continue to face numerous challenges, including one of the highest energy costs in Asia, the need for improvements and innovations in technology and packaging in order to become more globally competitive, insufficient post-harvest and storage facilities, and inadequate farm-to-market transportation infrastructure. There has been considerable improvement, particularly for the bigger companies whose


Bibliography: Retrieved last June 16, 2013 from http://www.ats-sea.agr.gc.ca/ase/6212-eng.htm Retrieved last June 16, 2013 from http://pse.com.ph/stockMarket/listedCompanyDirectory.html Retrieved last June 18, 2013 from http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=RFM:PM Retrieved last June 18, 2013 from http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=SFI:PM Retrieved last June 18, 2013 from http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=URC:PM Retrieved last June 18, 2013 from http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=PIP:PM Retrieved last June 26, 2013 from http://www.thepoultrysite.com/poultrynews/19096/swift-foods-on-the-road-to-recovery Retrieved last June 26, 2013 from http://www.traderscamp.org/forum/index.php?topic=223.0 Retrieved last June 26, 2013 from http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=SFI:PM Retrieved last June 26, 2013 from http://www.pinoymoneytalk.com/forum/index.php?topic=26558.0

You May Also Find These Documents Helpful

  • Powerful Essays

    Food Tech Notes Hsc

    • 3230 Words
    • 13 Pages

    The AFC relies on each sector so no sector is independent. A problem in 1 sector of the agri-food chain can have a signif impact on other sectors, affecting production, manufact + ultimately sale + income. The links of the sectors are seen through the digrams.…

    • 3230 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Ginsters Report

    • 4217 Words
    • 17 Pages

    Hunt, Gail.(2005). “Local Champion”, Food Manufacture, 80 (2), p.35. EBSCOhost [Online]. Available at: http://web.ebscohost.com (Accessed: 10 November 2010)…

    • 4217 Words
    • 17 Pages
    Best Essays
  • Good Essays

    Case 16 Sara Lee Corp

    • 579 Words
    • 3 Pages

    The narrowing of focus in the food industry and away from less fitting industries has allowed for value chain match-ups in the form of production technology, shipping logistics and customers. Opportunities for skills transfer, cost sharing and brand sharing include the production of bakery, retail and foodservice goods since many of these are similar or the same products. Producing a large batch of the same product costs less than having to set up and run a separate product line.…

    • 579 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Geography of Food Paper

    • 4612 Words
    • 19 Pages

    The major industries of the Philippines are textiles, pharmaceuticals, chemicals, wood products, food processing, electronics assembly, petroleum refining and fishing. Its primary agricultural products include rice, coconuts, corn, sugar cane, bananas, pineapples and mangoes (Dalton, 2007).…

    • 4612 Words
    • 19 Pages
    Powerful Essays
  • Best Essays

    Financial Analysis of Google

    • 4525 Words
    • 19 Pages

    4. Lynne Abt (2007). Google Inc. Marketing Case Study Analysis. Rivier College, 06 May 2007.…

    • 4525 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    Cisco Systems was incorporated in California in December 1984. The company’s core competency lies in producing networking components and other products in the communications and information technology industries. With 61,535 employees worldwide as of Q3 FY 2007 and offices in 75 countries, Cisco is one of the largest companies in the IT/Networking industry. Cisco was founded by a group of computer scientists from Stanford University. On February 16, 1990, six years after its inception, the company went public at a split-adjusted price of about 6 cents per share.…

    • 3825 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    7-Eleven, Inc. Case

    • 1201 Words
    • 4 Pages

    Posing to be a successful division of the organization, the Big Eats Deli sandwiches at 7-Eleven, Inc. were pleased with the continued progress this sector offered (Bell & Hagan, 2012). Utilizing a strategy determined in a cross-cultural market, 7-Eleven CEO James Keyes found it to be intriguing and challenging to implement such a plan in the United States. However due to strong competition amongst convenience stores in the United States and different eating habits of consumers, this proved to be a more difficult task than anticipated (Bell & Hagan, 2012).…

    • 1201 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Throughout this course in its entirety, we’ve discussed and observed many different aspects of today’s food industries. While looking at authors like Michael Pollan, Tracie McMillan, and Joel Salatin and their respective works, we’ve seen the food industry’s process from harvest all the way to its distribution, and the many issues processed foods have caused. After taking this course, if there was one thing I could change about the American food supply would be processed foods in general. I believe our nation, as well as the world, would be entirely better off without processed foods in our diet, and that we should return to the way nature intended us to eat: a world without dozens of chemical processes to aid us in food preparation.…

    • 1365 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Food and Beverage

    • 4118 Words
    • 17 Pages

    14. 4.1. Plan a food and beverage service for a hospitality event within an agreed budget……..11…

    • 4118 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Apple, Inc Strategic Audit

    • 8442 Words
    • 34 Pages

    Apple Inc. is a company that focuses on development and marketing of personal computers, media devices, design, and portable digital music players. Also, the company sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company 's portfolio of offerings comprises Mac computing systems, iPods line of portable digital music and video players, iPhone handsets and iPad portable multimedia and computing devices (8). Apple was the first to use a 3.5 disk and first graphic based interface to be sold to customers. This strategic audit of Apple analyses the company’s strategy formulation, implementation, and evaluation. To determine that research had to be done on the external and internal factors, financial ratios, and long-term objectives. Based on this information strategic alternatives and strategic advice is given to conclude this strategic audit.…

    • 8442 Words
    • 34 Pages
    Powerful Essays
  • Good Essays

    It is commonly recognized that Canada is one of the largest agricultural producers and exporters in the world. According to the report, the Canadian food and beverage processing industry exports a mass of processed products worth of about $21 billion to 180 countries each year; also, this industry occupies 17% of the total value of manufacturing shipments and 2% of national Gross Domestic Product. In addition, the industry is the largest manufacturing employer. A study indicates that the food and beverage processing industry employs approximately 290,000 Canadians. Furthermore, the sales of processing goods were valued at $92.9 billion in 2011.…

    • 1328 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Manufacturing

    • 547 Words
    • 3 Pages

    PacSci has been a successful medium size aerospace/defense company. It has been in business since 19760s. (1) The company has very good reputation in price and quality. However, it always has problem with OTD (on time delivery). Ten years ago, the OTD problem was not an issue, because there weren’t too many competitions. But in the last few years, due to stiffer competitions, OTD has become a big issue and been hurting the company’s sales. And lots of loyal customers slowly turned to its competitors.…

    • 547 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Food Production

    • 920 Words
    • 4 Pages

    Food is one of the most needed supplies that we all need in our daily life. And with the advances of today's technologies, we are able to produce bigger amount of food as compare to the older days. However, food production companies have taken the technology advantages to produce a massive amount of food by adding too much antibiotics and chemicals that could eventually affect the health of the consumers. Taking from the film called "Food Inc.”, it has shown us, the audiences the truth fact of the American food industry and how foods are being produce.…

    • 920 Words
    • 4 Pages
    Good Essays
  • Good Essays

    assigment

    • 1901 Words
    • 8 Pages

    In a history that now crosses three decades, National Foods’ success has been influenced by the major events of the day – economic boom, depression, wars, changing consumer lifestyles and technological advancements. Even after three decades the company’s focal point still remains on customer’s needs through product development in line with the changing market trends.…

    • 1901 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Food Fair

    • 3807 Words
    • 16 Pages

    The food industries are considered as one of the most important Arabic & Foreign Industries in the world.…

    • 3807 Words
    • 16 Pages
    Powerful Essays