Business Session 4: Innovations and Challenges in the Wheat Products Supply Chain

Friday, June 28, 2024
WPPS CEO's Conclave
Business Session 4: Innovations and Challenges in the Wheat Products Supply Chain: From Flour to Consumer
Session Moderator:
Mr. Reddy KV, Executive Vice President - PD Staples, Spices, Noodles, and Pasta at ITC Limited Foods
This session addressed the latest innovations and challenges in the wheat products supply chain, focusing on the journey from flour to consumer. Experts from various sectors shared insights and strategies to enhance efficiency and sustainability in the wheat supply chain.
Panel Discussions Highlights:
Exploring Opportunities and Overcoming Challenges in Wheat Processing
Mr. Anand Ramanathan, Partner and Leader, Consumer Products & Retail Sector, South Asia at Deloitte, discussed the opportunities and challenges in wheat processing. He highlighted the need for adopting modern technologies and improving operational efficiencies.
Innovative Approaches in Baking and Product Development
Mr. Biren Palani, Managing Director, and Mr. Shorya Kapoor, Product Manager at Stern Ingredients India Private Limited, presented innovative approaches in baking and product development. They emphasized the importance of continuous innovation to meet evolving consumer preferences.
Optimizing Procurement Strategies in the Wheat Supply Chain
Mr. Ashish Bhatnagar, Director and Head of Procurement at Grupo Bimbo for India Region, shared strategies for optimizing procurement in the wheat supply chain. He focused on building resilient procurement systems to handle market fluctuations.
Strategies and Opportunities in Exporting Atta
Mr. Sundeep Waghray, Sales Leader at General Mills India - Retail & Exports, discussed the potential and strategies for exporting atta. He highlighted the importance of understanding consumer needs in international markets.
Future Trends and Technological Advancements in Flour Milling
Mr. Raghav Gupta, Director at Mohini Corporation Pvt. Ltd., explored future trends and technological advancements in flour milling. He discussed how innovations can improve milling efficiency and product quality.
Practical Solutions for Transition to New Generation Mill Management
Mr. Nikunj Khandelwal, Chief Strategy Officer at Khandelwal Group, provided practical solutions for transitioning to new-generation mill management. He emphasized the role of advanced technologies in improving mill operations.
Wheat-Based Snacks
Mr. Aditya Bagri, Director at Bagrrys India Private Limited, talked about the growing market for wheat-based snacks. He discussed product innovation and marketing strategies to cater to health-conscious consumers.
Key Takeaways:
Adopt Modern Technologies:
Embrace advanced technologies in wheat processing and milling to enhance efficiency and product quality.
Continuous Innovation:
Innovate continuously in baking and product development to meet changing consumer demands.
Resilient Procurement:
Develop resilient procurement strategies to manage supply chain disruptions.
Export Strategies:
Explore and implement effective strategies for exporting wheat products, focusing on international consumer needs.
Technological Advancements:
Stay updated with future trends and technological advancements in flour milling to stay competitive.
New Generation Mill Management:
Transition to new-generation mill management systems to optimize operations and reduce costs.
Market Wheat-Based Snacks:
Capitalize on the growing demand for healthy wheat-based snacks through product innovation and strategic marketing.
These insights aim to enhance the efficiency and sustainability of the wheat products supply chain from flour to consumer.
For a detailed discussion and expert insights, watch the full session video linked below. Don't forget to like, share, and subscribe for more updates on innovations in the wheat products supply chain.

[@bharatichaudhari]

Low audio