Operational reviews – Bidvest Food Exports

Bidvest Foodservice

Bidvest Food SA

  Karel Meyer: Managing director
     
Distributor of a vast range of food ingredients, equipment and consumer branded food products into Africa.  
Karel Meyer – Managing director

Highlights

Blue arrow Strong sales growth
Blue arrow Successfully established a branch in Zambia
Blue arrow Made significant progress with the establishment of branches in Malawi and Mauritius.

Disappointments and challenges

Blue arrow Institutional delays with the establishment of business in Africa
Blue arrow Lack of training and experience of local talent pool in Africa relating to the food industry.

Risk and response

Blue arrow Changes in local legislation and regulations regarding the import of food products creating barriers to market entry.

2015 targets, objectives and factors affecting future results

Blue arrow Expand the business footprint by establishing more businesses across Africa
Blue arrow Stabilise the newly established businesses
Blue arrow All newly established branches to be profitable in the first year of operation.

Material issues and performance

MATERIAL ISSUE   WHY IT IS IMPORTANT AND STRATEGIC OBJECTIVES KPIs AND TARGETS PERFORMANCE AGAINST TARGETS AND ACTIONS GOING FORWARD
Performance

Expand the footprint of the southern Africa Food business into Africa

  Why:

blackarrow Benefit from growth in the food industry in Africa

Objective:

blackarrow Establish a business footprint in territories where market conditions and growth opportunities are favourable and sustainable
blackarrow Growth plan
Performance against targets:

blackarrow Growth plan agreed
blackarrow Successful establishment of one business and significant progress with two more

Actions going forward:

blackarrow Review and adjust the growth plan if necessary
blackarrow Review and improve the performance of established businesses where necessary
Registered office South Africa
Bidvest House
18 Crescent Drive
Melrose Arch
Melrose
Johannesburg
2196
South Africa
 
Website: www.bidvest.com
Telephone: +27 (11) 772 8700
Email: info@bidvest.com

 
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