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Uk Cheese Industry Analysis

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Uk Cheese Industry Analysis
Business Analysis Report
The UK Cheese Industry

Written by Jiayun Shen

Content
1、Introduction ........................................................................................................... 3 2、Remote Environment ............................................................................................ 3 2.1 Industry Introduction ....................................................................................... 4 2.2 PEST Analysis ................................................................................................ 5
Political/Legal factors ............................................................................................... 5 Economic factors ..................................................................................................... 6 Social/Cultural factors .............................................................................................. 7 Technological factors ............................................................................................... 8

3、Operating Environment ....................................................................................... 10 3.1 Industry Structure ......................................................................................... 10
Applying Porter 's model to the UK cheese industry ................................................. 11

3.2 Porter 's Five Forces Analysis ....................................................................... 12
Threat of entry ........................................................................................................12 Threat of Substitutes ...............................................................................................13 The power of Suppliers ...........................................................................................15 The power of Buyers ...............................................................................................15 Rivalry among



References: Argyres, N., Introduction: Michael Porter’s Competitive Strategy. Academy of Management Executive, 16: 41- 42, 2004. Advertising Standard Authority, (2009), Food Advertising - digesting changes to the rules, accessed on 20 May 2012 at http://www.asa.org.uk/Resource-Centre/Hot-Topics/Food-advertising.aspx. Bel UK, (2011), The Laughing Cow Relaunch: Set to create a laughing success, accessed on 20 May 2012 at http://www.bel-uk.co.uk/news.asp. British Cheese Board, (2009), The British Cheese Board Ultimate Cheese Challenge, accessed on 20 May 2012 at http://www.britishcheese.com/press/the_british_cheese_board_ultimate_cheese_challenge-1 3. BBC News, (2011), UK unemployment total hits 17-year high, accessed on 20 May 2012 at http://www.bbc.co.uk/news/business-12757675. Duffy, R. and Fearne, A. and Hornibrook, S., Measuring distributive and procedural justice: An exploratory investigation of the fairness of retailer-supplier relationships in the UK food industry. British Food Joural, 10: 682–694, 2003. Dairy Creast, (2012), Dairies business update, accessed on 20 May 2012 at http://www.dairycrest.co.uk/press-media/news/dairies-business-update/. Dairyco, (2012)), UK, NI and GB Farmgate Milk Prices, accessed on 20 May 2012 at http://www.dairyco.org.uk/datum/milk-prices-and-contracts/farmgate-prices/uk,-gb-and-ni-far mgate-prices.aspx. Finlay, Paul N., Strategy Management: an Introduction to Business and Corporate Strategy. Financial Times - Prentice Hall, 2000. Farkye, Nana Y., Cheese Technology. International Journal of Dairy Technology, 57: 91-98, 2004. Food Navigator, (2005), Taste innovation to bring growth to UK cheese market, accessed on 20 May 2012 at http://www.foodnavigator.com/Financial-Industry/Taste-innovation-to-bring-growth-to-UK-che ese-market. Financial Times, (2011), UK inflation rate surges above 5%, accessed on 20 May 2012 at http://www.ft.com/cms/s/0/ba3755d6-f96a-11e0-bf8f-00144feab49a.html#axzz1u69OTFz9. Flex-news-food, (2010), UK: Cheese Market Growing, accessed on 20 May 2012 at http://www.flex-news-food.com/console/PageViewer.aspx?page=30228. 23 Food standard agency, (2007), Cheese recovery: Guidance for UK dairy industry and local authorities, accessed on 20 May 2012 at http://www.food.gov.uk/foodindustry/guidancenotes/hygguid/cheeserecovery. Food manufacture, (2009), Cheese industry slashes salt content, accessed on 20 May 2012 at http://www.foodmanufacture.co.uk/Business-News/Cheese-industry-slashes-salt-content. Guardian, (2010), British dairy industry becoming unsustainable, warns farmers ' union, accessed on 20 May 2012 at http://www.guardian.co.uk/business/2010/nov/21/british-dairy-industry-crisis. Lastovicka, John L., Questioning the Concept of Involvement Defined Product Classes. Journal of Consumer Research, 06: 174-179, 1979. Miller, A., Assessing Porter’s (1980) Model in terms of its Generalisability, Accuracy and Simplicity. Journal of Management Studies, 30:4, 1993. Mintel, (2011), the UK cheese industry report, accessed on 20 May 2012 at http://academic.mintel.com/sinatra/oxygen_academic/search_results/show&/display/id=5452 65. Madame Fromage, (2012), Cheese and social media, accessed on 20 May 2012 at http://madamefromage.blogspot.co.uk/2011/07/cheese-and-social-media.html. Porter, Michael E., Competitive Strategy: Techniques for Analysing Industries and Competitors. MacMillan, 1980. Porter, Michael E., The Five Competitive Forces that Shape Strategy. Harvard Business Review, 86(1): 79-93, 2008. Parliament UK, (2011), The health and future prospects of the UK dairy industry, accessed on 20 May 2012 at http://www.publications.parliament.uk/pa/cm201012/cmselect/cmenvfru/952/95205.htm. Philadelphia, (2012), 22 recipes of 499, accessed on 20 May 2012 at http://www.philadelphia.co.uk/philadelphia3/page?siteid=philadelphia3-prd&locale=uken1&Pa gecRef=610. Roger Lever (2008), Weaknesses of Porter’s five forces model, accessed on 20 May 2012 at http://roger-lever.suite101.com/weakness-of-porters-five-forces-model-a86222. Spanos, E and Lioukas, S., An Examination into the Casual Logic of Rent Generation: Contrasting Porter’s Competitive Strategy Framework and the Resource Based Perspective. Strategic Management Journal. 22: 907-934, 2001. Tryfos, Peter. Methods for Business Analysis and Forecasting: Text and Cases. New York, 1998. 24

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