Case summary Essay Example | Topics and Well Written Essays - 750 words - 1

Case summary - Essay Example The company also focuses on how their human nutrition centre will help the consumer to understand how important improved nutrition products are for their health. The changed environment of the world now focuses on sustainability, health, nutrition, waste management and economic development. Companies such as Walmart have incorporated these elements in their business and the supply chain focuses on shared value. Nestle has to focus on all these elements in order to keep with the expectations. Sourcing at Nestle focuses on shared value concept. Nestle has always planned ahead of time and has been very innovative and socially responsible when it come to producing and sourcing. Not only has Nestle introduced products that were high in nutrition, it has also introduced products that combats certain health conditions. By working with health companies it has come up with "nutraceuticals" that are health foods suitable for people with health conditions like diabetes, obesity, cardiovascular disease etc. Neslte identified that water is a very valuable resource of the world and it is being wasted by producers. Nestle emphasizes to make producers aware of its value so they use it wisely by improved irrigation systems and other technologies. Nestle identified that they had to contribute back to the society because Nestle is a huge firm and they rely hugely on the ecosystem. Hence if they invest in environment sustainability and social well being, the business is going to benefit. So they adopted CSV. As a food producer, investing in environment and health of people makes business sense because this will in turn give improved quality products at the end. Nestle formed SAI platform which was later joined by a number of companies to produce agricultural products sustainably. Consumer preferences had changed, now consumers were willing to pay more for