🏆 2024 Supplier Awards Nominees Announcements 🏆 Every year, Vistar proudly hosts our company's annual Supplier Awards recognition event, where we celebrate our exceptional supplier partners who exemplify excellence and contribute to our shared success as the best in class. Over the next four weeks, we will be announcing all of our nominees for the 2024 Supplier Awards, with the winners announced at our Awards Ceremony. The first award nomination group is our Supply Chain Performance Award. These nominees have demonstrated excellence throughout our fiscal year by achieving the highest levels of fill rate and on-time performance. Thank you to all our nominees for their commitment to supply chain excellence. Stay tuned for our next nominations: Marketing and Insights Award, to be announced on Tuesday, July 10th. Chobani E.A. Sween Company McKee Foods Corporation BlueTriton Brands Hint Inc.
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Get those submissions in for our annual Pros to Know award.... nominations close Dec. 29. Four overall winners from the four different categories will be interviewed live at MODEX. But, you have to be in it to win it. Nominate now! #supplychain #supplychainleaders #prostoknow #logistics
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Are your supplier relationships influencing your negotiations?🤝 Long-standing relationships between retail organizations and suppliers can sometimes hinder effective negotiations. While these connections are valuable, they can lead to biased decisions. Enliven's approach introduces an unbiased third party to evaluate data and analytics, ensuring a fair playing field for all suppliers. This method promotes transparency, allowing smaller suppliers equal opportunities and removing biases or incentives from the negotiation process. Discover more about our strategies to enhance your beverage negotiations on our blog: https://loom.ly/J9YFjO8 #beverageindustry #beverage #negotiations #expertise #beveragedeal #beverageagreement #exclusivepouringrights
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• Fixer, Strategic Advisor, & Licensed Sports Agent • Business Strategy Development • Facilitating Residency, Citizenship, and Business Opportunities Abroad 🇺🇸🇸🇱🇲🇽
The Secret Behind Costco's Private Labeling Strategy Revealed Discover how Costco and many other organizations in the US are utilizing private labeling for their products. Learn about the global impact of this trend from a representative at the heart of the operation. #CostcoPrivateLabeling #ProductBranding #BusinessStrategies #GlobalImpact #USOrganizations #PrivateLabelingTrends #CostcoProducts #BusinessInsights #RetailIndustry #ProductMarketing
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There's only one week until the release of the first issue of CHAIN this year! You won't want to miss our exclusive interview with the #VicePresident of Supply Chain at a thriving restaurant chain on becoming a food service brand leader. Subscribe now and receive your free digital copy direct to your inbox. 👉 https://loom.ly/cX3WFS0 #supplychain #globalsupplychain #supplychainmanagement #supplychainmanager #warehousing #procurement #logistics #transportation
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This article explores the rise of challenger brands in the retail sector, with a focus on the potato industry. Highlighting... 来自世界各地的120,000马铃薯种植者在马铃薯新闻移动应用程序中。 有时间安装https://lnkd.in/g-zM7UNS
挑战者品牌:改变马铃薯及其他产品的零售格局
zh-cn.potatoes.news
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Why Costco is so loved Keeping customers, employees and investors happy is no mean feat https://lnkd.in/egbwrqP2 Great article Economist article detailing Cosco’s success, linking their strategic decisions (focused strategy on high-quality products at the lowest prices) to their competitive advantage and ultimately their financial performance. · Disciplined approach to SKU management, which affords them an advantage in procurement, as well as translating to high capital efficiency (lower working capital intensity). · Article also highlights the importance of HR strategy in developing a sustainable competitive advantage.
Why Costco is so loved
economist.com
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🩸 THE POWER OF NEGOTIATION: CARREFOUR VS. PEPSICO 🩸 🔸"Being aware of market forces helps understand the structure of the sector in which you compete" / Michael Porter 🔸 🔲 CARREFOUR, WALMART AND THE ANNUAL VENDORS I remember difficult moments in my work life when, as VP of Crayola Latin America, I had to negotiate the "Annual Vendors" with Carrefour and Walmart, both self-service "tough nuts to crack", since they had negotiating power (at that time), larger than Crayola's. A win-win negotiation was extremely complicated, especially because both retailers had a policy with suppliers who do not have negotiation power, of forcing them to accept returns, under penalty of not accepting them as supplier. This bad practice was more of a consignment than a sale, but I suppose that, currently, both retailers changed because the market is different now and the code of business ethics has more weight now than years ago. 🔲 PORTER'S FIVE MARKET FORCES + THE POWER OF THE STATE Michael E. Porter, global guru on strategy and competitiveness, is the creator of the concept of the "Five Market Forces", however, there are many other experts in strategic thinking, who propose a sixth force called "The Power of the State" (Ask the Mexican president and the creation of the new parastatals). 🔸“Becoming aware of these five forces can help a company understand the structure of the industry in which it competes and develop a position that is more profitable and less vulnerable to attack” / Michael Porter🔸 And talking about attacks, on January 4, 2024, the following news was published in the business section of "The Wall Street Journal": "The supermarket giant abandons PepsiCo and opposes price increases." To understand this phenomenon, it is necessary to analyze three of the six market forces already mentioned: 1. Negotiation power of customers: Carrefour 2. Negotiation power of suppliers: PepsiCo 3. State power: in this case France. 🔲 NEGOTIATION POWER OF THE SUPPLIER AND THE CUSTOMER The French self-service sector is concentrated in five players, where Carrefour, being the leader, has sufficient Negotiation Power as a Customer to be able to pressure PepsiCo to lower its prices. On the other hand, being such a powerful Multinational, PepsiCo, whose brand is global, has sufficient Negotiation Power as a Supplier to resist lowering its prices, especially if we take into account that at a global level the market for "Colas" is mostly concentrated in two brands: Pepsi Cola and Coca Cola. Furthermore, PepsiCo has the competitive advantage of being in the "Food and Beverages" sector and its closest competitor (Coca Cola) is only in the Beverages segment. Without a doubt, PepsiCo will be the winner in this negotiation with Carrefour. 🩸To know more click on the below image 🩸
The Power of Negotiation: Carrefour vs. PepsiCo Analysis
en.eabc.website
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During and post-COVID, the #distribution sector has navigated a dynamic market landscape characterized by both challenges and opportunities. Private-label products allow distributors to mold their offerings to customers' needs and desires from start to finish, which is not possible with traditional distribution models. By defining a clear, bold objective and deploying the right team and customer-centric strategy, a private-label business can enjoy both low costs and high margins and set a steady course for success in an often unpredictable marketplace. This can be a critical factor in remaining competitive in an ever-shifting industry. #McKinsey #Distributors #Insights
The power of private-label brands in distribution
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During and post-COVID, the #distribution sector has navigated a dynamic market landscape characterized by both challenges and opportunities. Private-label products allow distributors to mold their offerings to customers' needs and desires from start to finish, which is not possible with traditional distribution models. By defining a clear, bold objective and deploying the right team and customer-centric strategy, a private-label business can enjoy both low costs and high margins and set a steady course for success in an often unpredictable marketplace. This can be a critical factor in remaining competitive in an ever-shifting industry. #McKinsey #Distributors #Insights
The power of private-label brands in distribution
mckinsey.dsmn8.com
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Our MD, Kim, spoke with The Buyer for a series highlighting different leaders in the drinks, retail, and hospitality sectors. How did Kim get into the industry? What is her approach to management? Who does Kim admire in business? They cover it all and much more. It's well worth a read. https://loom.ly/I8Cm6i4 #businessleaders #drinksindustry #womeninbusiness
The Buyer | Kim Wilson: team work makes the dream work at North South Wines
the-buyer.net
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Retired Nat'l Account Executive at EA Sween/Deli Express
1moCan't wait!