Case Study: Mead Johnson optimizes procurement strategies with Vesper

How Mead Johnson uses Vesper in their supplier contracts

The infant formula manufacturer Mead Johnson faced a challenge in acquiring unbiased data to understand dairy market trends and mitigate future procurement risks. To address this, they turned to the vendor Vesper for its commodity intelligence platform.

Vesper provided a five-step solution using its market analysis tools, including Outlook forecasts and price indexes. This independent data empowered Mead Johnson to make better hedging decisions, secure more advantageous supplier contracts, and mitigate risks for multi-year planning. The vendor's platform became crucial for their department, forming one-third of their decision-making process and helping them substantiate choices to internal teams more efficiently.

Mead Johnson

Robert Hazenberg

Procurement Director Direct Materials