A forum is being held tonight for suppliers from across the country. See the press release below:
Sydney, Australia, 31 January 2008. One of Australia's leading poultry producers, Bartter-Steggles, is holding a national supplier forum today in a bid to help drive growth across its business.
The news comes following the release of an Information Memorandum on the company as it seeks to encourage investment to accelerate the growth of the business.
The Chief Executive of Bartter-Steggles, Geoff Frost, said: “This is the first of a series of annual supplier forums will we be hosting to continue to drive improvement and innovation across our iconic business.”
“With a 26% and growing market share of the $2.7 billion chicken and turkey meat industry we are focused on delivering our twin strategies of business process improvement and product innovation and our suppliers are key to our success.”
“We have invested heavily in business improvement during the last 18 months and have delivered $24 million in annualized cost savings for the year to June 2007 and we are looking to our suppliers to follow our led,” said Mr Frost.
“We expect to take another $12.9 million in cost out the business this financial year, which can partly be attributed to the growth partnerships we have formed with a number of our suppliers
“Coupled with our business improvement achievements, with the support of our suppliers we have successfully launched a number of new high growth products in the market and we have a strong product development pipeline with another 20 products set for release over the next 18 months.”
According to Bartter-Steggles, National Procurement Manager, Eugene Visione: “Twelve months ago we launched a strategy to aligned our suppliers with operational excellence business model and it is delivered real benefits.”
“We look to take a partnership approach to our supplier arrangements and have developed a structured, performance focused, supplier management program that delivers growth and benefits both parties,” said Visione.
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