Assignment Task
Company Description
So basically, Farm Fresh Milk Sdn Bhd is a milk firm established in Malaysia, with headquarters in Johor Bahru. The business is involved in forestry, agriculture, fishing, and hunting. The firm FARM FRESH MILK SDN BHD was founded in 2007 by its owner Mr. Loi and is primarily engaged in the production of well-known everyday items such as thin milk, natural yogurt, fresh farm milk, Nubian goat’s milk, yogurt drinks, and latte. Some of the milk comes from the company’s many dairy cows and goats, while others come from dependable farmers. A vast convoy of transport vehicles is also used by the corporation to convey its products across the country. To help carry out its operations, more diverse personnel are employed, ranging from labourers to office managers. It has a number of milk pick-up stations and has invested in efficient storage technology to keep its products fresh. According to the most recent research, the company’s net revenue increased by around 50%. CITATION Ham19 \l 1033 (Faghiri, 2019)Farm Fresh is a well-known Malaysian dairy brand that produces fresh milk and the first-ever company that produces fresh milk. Mr. Loi Tuan Ee was created the firm, which has a short history of fewer than 15 years. With an 18 percent market share, the firm is now the second-largest competitor in the ready-to-drink (RTD) milk category. Farm Fresh is the market leader in the chilled RTD milk subsegment, with a market share of almost 54 percent. Farm Fresh is also among the top three brands in the ambient RTD milk subsegment and the yogurt category in terms of market share.Mr. Loi founded Farm Fresh after noticing that 95% of the milk available in Malaysia is reconstituted or powdered milk. This implies that most “fresh” milks are manufactured by mixing water and additives into milk powder rather than being “freshly squeezed” from the farm itself. Then he founded Farm Fresh with the goal of producing fresh, unadulterated dairy as nature intended. Farm Fresh promises to bring their milk from farm to shelf in 48 hours, in order to fulfill this aim. Their milk must be produced, packed, and distributed locally to do this.
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