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General Mills Inc  (GIS)
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    Sector  Consumer Non Cyclical    Industry Food Processing
 
 
 

General Mills Inc's Suppliers Performance

GIS's Supply Chain


 
GIS Costs vs Sales of Suppliers Growth
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General Mills Inc's Suppliers realized sales deteriorated by -2.66 % compare to the same quarter a year ago, sequentially sales grew by 2.23 %, General Mills Inc's cost of sales deteriorated by -2.52 % year on year, sequentially cost of sales grew by 0.06 % in Q2.

More on GIS Suppliers




General Mills Inc's Comment on Supply Chain


The principal raw materials that we use are grains (wheat, oats, and corn), sugar, dairy products, vegetables, fruits, meats, vegetable oils, and other agricultural products. We also use substantial quantities of carton board, corrugated, plastic and metal packaging materials, operating supplies, and energy. Most of these inputs for our domestic and Canadian operations are purchased from suppliers in the United States. In our international operations, inputs that are not locally available in adequate supply may be imported from other countries. The cost of these inputs may fluctuate widely due to external conditions such as weather, product scarcity, limited sources of supply, commodity market fluctuations, currency fluctuations, and changes in governmental agricultural and energy policies and regulations. We have some long-term fixed price contracts, but the majority of our inputs are purchased on the open market. We believe that we will be able to obtain an adequate supply of needed inputs. Occasionally and where possible, we make advance purchases of items significant to our business in order to ensure continuity of operations.

Our objective is to procure materials meeting both our quality standards and our production needs at price levels that allow a targeted profit margin. Since these inputs generally represent the largest variable cost in manufacturing our products, to the extent possible, we often manage the risk associated with adverse price movements for some inputs using a variety of risk management strategies. We also have a grain merchandising operation that provides us efficient access to, and more informed knowledge of, various commodity markets, principally wheat and oats. This operation holds physical inventories that are carried at fair market value and uses derivatives to manage its net inventory position and minimize its market exposures.



   
GIS's Suppliers Net Income grew by GIS's Suppliers Net margin grew in Q2 to
0.4 % 11.39 %
   


General Mills Inc's Suppliers Sales Growth in Q2 2017 by Industry

Suppliers in Industrial Machinery and Components Industry      18.21 %
Suppliers in Auto & Truck Parts Industry      0.87 %
Suppliers in Food Processing Industry -43.59 %   
Suppliers in Professional Services Industry      4.32 %
Suppliers in Railroads Industry      8.47 %
     
• GIS Suppliers Valuation • GIS Segment Rev. Growth • GIS Segment Inc. Growth • GIS Suppliers Mgmt. Effect.


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