Customers gain confidence through improved price and supply certainty
Eric Morrison, Head of Risk & Commercial Solutions at NZMP
NZMP, the dairy ingredients brand of Fonterra, has refreshed its risk and commercial solutions, which, during volatile and uncertain market conditions, help customers gain confidence through improved price and supply certainty.
Eric Morrison, head of risk and commercial solutions at NZMP said the new solutions are designed to remove complexity and reduce supply risk for NZMP’s dairy ingredients which are sold in more than 130 countries.
“External and often difficult to predict factors such as weather events, supply chain disruptions, and geopolitical events can impact supply, demand and pricing. We wanted to provide our broad customer base with options to reduce complexity and take back some control,” said Morrison.
“Over a number of years, and with plenty of customer feedback, we have developed a range of market-leading solutions. Each is intended to reduce the distraction and noise which volatile markets can bring, and that’s what we’re hearing. Our solutions are supporting many of our customers achieve their priorities and focus on what they do best.”
NZMP recently showcased its four hero Risk and Commercial solutions at Gulfood in Dubai and Food Ingredients China (FIC) in Shanghai receiving plenty of interest and positive feedback from the industry.
Morrison said: “At these world-leading events we received a lot of interest in our refreshed NZMP solutions. The continued market volatility and uncertainty is driving a growing awareness of the potential benefits of price and supply risk management and we are excited to be able to provide options to our customers to help support their business operations and planning.”
Mr Morrison said NZMP’s local sales teams work closely with customers to understand their objectives and how NZMP’s solutions can best support them “We also have a specialised Risk and Commercial Solutions team who are based out of Singapore, the Netherlands and New Zealand and who are available to discuss options with customers.