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INTRODUCTION TO FONTERRA BRANDS LANKA (Pvt) Ltd

Fonterra is the world's foremost exporter of dairy products, in authority for over and above a third of worldwide dairy trade and one of the topmost six dairy establishments in the world by turnover. Their international supply chain stretches commencingfarmhouses all over New Zealand to customers and buyers in above 140 countries. About 10,485 New Zealand dairy farmers, representing approximately 96 per cent of all dairy farmers in the country, accommodatingly own Fonterra. These farmers supply over 14 billion litres of milk respectively each and every year.
'New Zealand’s pastured-based farmhouses are the start of Fonterra’s supply chain, which encompasses to consumers in 140 countries and into customers’household needs in Australasia, Asia, Africa and the Middle East, and Latin America.'
As a willing organization, Fonterra is maintained and organized by the people who make advantages from Fonterra’s services. Cooperative members share similarly in the earnings of the business. In order to be a Fonterra stakeholder, farmers have to supply milk to the establishment in New Zealand. Fonterra shareholders can earn one share for each kilogram of milk solids they supply to the co-operative, with the allowance of ainadequate number of shareholders providing milk under contract preparations. As a co-operative, Fonterra distributes practically all its revenue to shareholders in the form of expenditure. This encompasses a farm gate milk price for every kilogram of milk solids on condition that, and a distributable profit for each share.
With 13 members of successive board, made up of nine directors nominated by stakeholders and four superficially appointed directors, administrates the co-operative. This combinationcertifies a combination of farming and commercial judgement is signified on the board.
Furthermore, Fonterra

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