Mars Inc – E-Procurement and Its ChallengesBackground:Mars Inc. (Mars) began its journey as a Candy factory in 1911, growing its business from $300 Million in 1970 to $30 Billion in 2012. Currently the privately owned business operates in numerous industries including pet care, confectionary and other foods. The company procures materials worth $4 billion annually.
Mars Inc. Supply Chain Mars Inc. Table of ContentsAbout Mars Inc. 4Our Supply Chain 4The Cocoa Supply Chain 5The Five Principles of Mars 8Mars’s Strategy and Priorities 9The Challenges 9Current Problems and Issues 10Recommendations 13References 16List of FiguresFigure 1: The Cocoa Supply Chain………………………………………..…………..5About Mars Inc.Mars Inc. is an American global manufacturer of confectionery items that it creates, such as M&M’s, Milky way, Twix, Snickers, Skittles,.
