Cargill: helping the world thrive Toby Carmen Brianna Cearbaugh Justin Coleman Matt Nef Megan Schroder Dr. Zehr 10- 22-17
Regulatory Cargill is a global company involved in multiple aspects of the food industry, along with financial and industrial deals with a wide scheme of political issues from child labor laws, to tax reforms. Cargill has a reputable image that they must uphold in the community which is why they stick strictly the laws that are set in place. They focus on following regulations in all forms no matter what policies are involved, which is why they have become such a respected company. In 1993 John MacMillian, Sr. stated, “The policy on which our business has always been conducted is… our word is just as good as our bond”. Cargill can easily be impacted negatively due to diferent political issues that come about with the debate of GMOs and diferent food regulation safety issues. When it comes to regulatory factors there are a few key issues that are focused on. Cargill mainly puts its attention on Regulatory research, which brings together scientific research and regulatory challenges. Regulatory science, which gathers evidence on product safety, efficacy and quality, regulatory management, and regulatory compliance which ensures that the products are meeting the requirements of the targeted geographies. Cargill is involved in many diferent licenses and regulatory permits that are need to run as a company. They are currently involved in many licenses/ permits that allow them to function due to the size of their operations. Many of the licenses that are involved for Cargill revolves around health regulations and making sure products are produced and sold properly
and that sustainability is maintained. Cargill strongly believes in following the policies and laws that are created by the company to bring the best quality and service to the world globally. Competitive Cargill has a vast amount of competitors due to the extensive range of services and products it ofers. Focusing mainly on providing agricultural, food processing, industrial and financial products and service, Cargill’s competitors stem from these four specific areas. Some of Cargill’s main competitors are the Kerry Group. Plc, Tate & Lyle Plc., and Archer Daniels Midland Company (ADM) (Cargill, Incorporated SWOT, 2017) . Archer Daniels Midland Company one of the top competitors provide food and drink goods as well as animal feed and bio fuels to customers (“Archer Daniels Midland SWOT,” 2017) . Their strengths are they have state- of-the-art culinary center& equipment, advanced pilot plants and laboratories worldwide, online services, they have respectable brands, robust financial performance over the years and finally that they have more than 200 business and trade associations (“Archer Daniels Midland SWOT,” 2017).
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- Archer Daniels Midland, Cargill, Cargill Consumer Insights, Daniels Midland SWOT