Latest news with #KeepingUnit
The Sun
15-05-2025
- Business
- The Sun
Distribution Trade Master Plan in the works, launch expected by Q4
CYBERJAYA: The Domestic Trade and Cost of Living Ministry (KPDN) is in the process of drafting the Distribution Trade Master Plan (DTMP) 2025-2035, which is expected to be launched by the fourth quarter of this year. Minister Datuk Armizan Mohd Ali said KPDN is currently gathering input from stakeholders and retail industry players through a series of engagement sessions with the ministry's secretary-general and deputy secretary-general. 'I hope this master plan will help institutionalise close collaboration not only among government agencies but also with retail industry players and micro, small and medium enterprises (MSMEs). 'We need a structured plan to ensure the success of this initiative. Perhaps we can also request a list of retail industry players from the Finance Ministry,' he told reporters after officiating the Retail Market Access Seminar and Retail Sector Entrepreneur Appreciation Ceremony here today. Elaborating, Armizan said the 10-year master plan aims to boost the presence of local products in the retail market and sustain the positive growth momentum of the distribution trade sector. 'To ensure a more meaningful and significant leap, we need a clear roadmap, as every step requires careful planning to maintain momentum and, at the same time, support the country's overall economic growth,' he said. Armizan said that KPDN is also implementing a Development Training Programme focused on empowering MSMEs to enhance their competitiveness and market reach in the retail sector. He said that 420 MSME entrepreneurs had participated in training programmes as of last year, with 25 successfully entering the retail market with 179 Stock Keeping Unit (SKU) products. 'This marks an increase from 17 entrepreneurs with 81 SKU products recorded in 2023,' he said. Armizan added that the ministry is carrying out the 'Local To Global Retail' initiative to help local entrepreneurs market their products internationally. 'Last year, 65 companies with 275 SKUs successfully entered the markets in the United Arab Emirates, Thailand and Japan,' he said.
The Sun
15-05-2025
- Business
- The Sun
KPDN drafts Distribution Trade Master Plan for 2025-2035
CYBERJAYA: The Domestic Trade and Cost of Living Ministry (KPDN) is in the process of drafting the Distribution Trade Master Plan (DTMP) 2025-2035, which is expected to be launched by the fourth quarter of this year. Minister Datuk Armizan Mohd Ali said KPDN is currently gathering input from stakeholders and retail industry players through a series of engagement sessions with the ministry's secretary-general and deputy secretary-general. 'I hope this master plan will help institutionalise close collaboration not only among government agencies but also with retail industry players and micro, small and medium enterprises (MSMEs). 'We need a structured plan to ensure the success of this initiative. Perhaps we can also request a list of retail industry players from the Finance Ministry,' he told reporters after officiating the Retail Market Access Seminar and Retail Sector Entrepreneur Appreciation Ceremony here today. Elaborating, Armizan said the 10-year master plan aims to boost the presence of local products in the retail market and sustain the positive growth momentum of the distribution trade sector. 'To ensure a more meaningful and significant leap, we need a clear roadmap, as every step requires careful planning to maintain momentum and, at the same time, support the country's overall economic growth,' he said. Armizan said that KPDN is also implementing a Development Training Programme focused on empowering MSMEs to enhance their competitiveness and market reach in the retail sector. He said that 420 MSME entrepreneurs had participated in training programmes as of last year, with 25 successfully entering the retail market with 179 Stock Keeping Unit (SKU) products. 'This marks an increase from 17 entrepreneurs with 81 SKU products recorded in 2023,' he said. Armizan added that the ministry is carrying out the 'Local To Global Retail' initiative to help local entrepreneurs market their products internationally. 'Last year, 65 companies with 275 SKUs successfully entered the markets in the United Arab Emirates, Thailand and Japan,' he said.
Barnama
15-05-2025
- Business
- Barnama
Distribution Trade Master Plan In The Works, Launch Expected By Q4
CYBERJAYA, May 15 (Bernama) -- The Domestic Trade and Cost of Living Ministry (KPDN) is in the process of drafting the Distribution Trade Master Plan (DTMP) 2025-2035, which is expected to be launched by the fourth quarter of this year. Minister Datuk Armizan Mohd Ali said KPDN is currently gathering input from stakeholders and retail industry players through a series of engagement sessions with the ministry's secretary-general and deputy secretary-general. 'I hope this master plan will help institutionalise close collaboration not only among government agencies but also with retail industry players and micro, small and medium enterprises (MSMEs). 'We need a structured plan to ensure the success of this initiative. Perhaps we can also request a list of retail industry players from the Finance Ministry,' he told reporters after officiating the Retail Market Access Seminar and Retail Sector Entrepreneur Appreciation Ceremony here today. Elaborating, Armizan said the 10-year master plan aims to boost the presence of local products in the retail market and sustain the positive growth momentum of the distribution trade sector. 'To ensure a more meaningful and significant leap, we need a clear roadmap, as every step requires careful planning to maintain momentum and, at the same time, support the country's overall economic growth,' he said. Armizan said that KPDN is also implementing a Development Training Programme focused on empowering MSMEs to enhance their competitiveness and market reach in the retail sector. He said that 420 MSME entrepreneurs had participated in training programmes as of last year, with 25 successfully entering the retail market with 179 Stock Keeping Unit (SKU) products. 'This marks an increase from 17 entrepreneurs with 81 SKU products recorded in 2023,' he said.
New Indian Express
22-04-2025
- Business
- New Indian Express
KMF on expansion mode, set to enter Rajasthan, MP
BENGALURU: Nandini, Karnataka's popular homegrown milk brand, is all set to enter Rajasthan, the second largest milk-producing state in the country, as part of its plan to grow beyond South India. After establishing its presence in Delhi, the Karnataka Milk Federation (KMF) plans to begin milk procurement and set up co-packaging centres in Rajasthan to strengthen its supply chain and make deeper inroads into the northern market, with Madhya Pradesh also being explored as part of its wider national expansion strategy. By setting up co-packaging units closer to northern markets, KMF is aiming to cut down the distance that milk and milk products need to travel. This move is expected to ease the burden on the cold chain, helping preserve nutritional value and reduce the risk of spoilage, a KMF official said. Co-packaging centres will also enable KMF to receive bulk milk or semi-processed dairy from nearby places or even Karnataka and handle the final packaging closer to target markets. This not only speeds up turnaround times but also helps the brand respond more efficiently to regional demand, ensuring fresher products reach retail shelves faster, the official added. With protein-rich foods gaining popularity, KMF is gearing up to launch a new range of high-protein dairy products this May. The upcoming lineup will feature protein-packed flavoured milk in tetra packs, along with fermented Stock Keeping Unit (SKUs) such as plain and flavoured Greek yoghurts, KMF Managing Director B Shivaswamy said. 'We are working on introducing unique products that no other company has launched so far,' the MD said, highlighting the brand's focus on innovation and differentiation in the expanding protein-focused market. Muffins and fruit cakes KMF, which currently offers only three items under its bakery and confectionary section — bread, buns, and cream buns — is expanding its range to include new products such as slice cakes, fruit cakes, cupcakes, muffins, and more, with a total of about 22 variants and flavours under these products. Shivaswamy said that while KMF's current bakery products have a shelf life of just eight days, the brand is now focusing on creating items with a shelf life of up to four months. 'This change will make the products more suitable for e-commerce and quick-delivery platforms ensuring they remain fresh and available for longer periods,' he added.
