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Is the strategy being implemented to achieve the organisational objectives? Is the organisation delivering the expected results?

Is the strategy being implemented to achieve the organisational objectives? Is the organisation delivering the expected results?

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Is the strategy being implemented to achieve the organisational objectives? Is the organisation delivering the expected results?
Leveraging our expanded ONE RCL FOODS portfolio and manufacturing capabilities, we act as integrated food solution partners to key Quick Service Restaurant (QSR) clients, as well as other foodservice customers. Leveraging our culinary capabilities also enables us to provide a broad range of meal solutions for retail in-store bakeries and deli's. We have strong partnerships with major retail and wholesale customers aiming to realise mutually beneficial growth and profitability aspirations. We also produce and package quality dealer-owned brands in categories such as mayonnaise, sugar, chicken, peanut butter and pet food, providing innovative solutions tailored One custo the di to lev integr to these customers' needs. We measure success not just by our growth with existing customers or gaining new customers, but also by the impact of category growth on our customers' business. DELIVERING ON OUR STRATEGY IN 2019 We delivered significant volume growth with strategic customers in key categories - a major contributor to the growth of our Grocery business unit in the period. Similarly, a strong turnaround was experienced in the Beverages business unit due to innovative new products and a comprehensive front-end plan developed in partnership with our customers. In the retail and wholesale space, our dealer-owned brands continued to perform well. We have also established selective online retailing platform partnerships which have shown early signs of success.
Transcribed Image Text:Leveraging our expanded ONE RCL FOODS portfolio and manufacturing capabilities, we act as integrated food solution partners to key Quick Service Restaurant (QSR) clients, as well as other foodservice customers. Leveraging our culinary capabilities also enables us to provide a broad range of meal solutions for retail in-store bakeries and deli's. We have strong partnerships with major retail and wholesale customers aiming to realise mutually beneficial growth and profitability aspirations. We also produce and package quality dealer-owned brands in categories such as mayonnaise, sugar, chicken, peanut butter and pet food, providing innovative solutions tailored One custo the di to lev integr to these customers' needs. We measure success not just by our growth with existing customers or gaining new customers, but also by the impact of category growth on our customers' business. DELIVERING ON OUR STRATEGY IN 2019 We delivered significant volume growth with strategic customers in key categories - a major contributor to the growth of our Grocery business unit in the period. Similarly, a strong turnaround was experienced in the Beverages business unit due to innovative new products and a comprehensive front-end plan developed in partnership with our customers. In the retail and wholesale space, our dealer-owned brands continued to perform well. We have also established selective online retailing platform partnerships which have shown early signs of success.
quillbot.com Summarizer O Key Sentences Parag • We made progress in extending our integrated offerings as ONE RCL FOODS portfolio in our Foodsolutions business, specifically in the Grocery category offerings. • Vector made significant strides in bedding down the distribution of Pick n Pay's full frozen basket. 2020 KEY DELIVERABLES •We will continue to leverage our broadened product portfolio and extend our offering as an integrated food solutions partner of choice. We view this as our unique and distinguishing value proposition, providing a key opportunity to forward integrate our expanded portfolio into existing and new customer relationships. • In parallel, we will continue to strengthen our partnerships with Foodservice customers and strategically pursue joint business partnerships with retailers in key categories. Dealer-owned brands in categorles that make good business will continue. •We will intensify our review of opportunities and partnerships in digitised platforms to maximise on this growing channel of the future.
Transcribed Image Text:quillbot.com Summarizer O Key Sentences Parag • We made progress in extending our integrated offerings as ONE RCL FOODS portfolio in our Foodsolutions business, specifically in the Grocery category offerings. • Vector made significant strides in bedding down the distribution of Pick n Pay's full frozen basket. 2020 KEY DELIVERABLES •We will continue to leverage our broadened product portfolio and extend our offering as an integrated food solutions partner of choice. We view this as our unique and distinguishing value proposition, providing a key opportunity to forward integrate our expanded portfolio into existing and new customer relationships. • In parallel, we will continue to strengthen our partnerships with Foodservice customers and strategically pursue joint business partnerships with retailers in key categories. Dealer-owned brands in categorles that make good business will continue. •We will intensify our review of opportunities and partnerships in digitised platforms to maximise on this growing channel of the future.
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