Jason Buechel’s Post

At Honor Foods, we have three core values that we live by as a company. One of those values is "We Not Me." Director of Purchasing Rick D'Egidio says, "We Not Me means catering our buying decisions to the needs of our supplier and distributor Partners and not just what helps Honor Foods. It's stocking new items that drive a supplier's initiatives. It's consistently negotiating for better prices to keep our customers competitive and drive our supplier's growth. We have to think about what's important to our Partners and create a win/win for everyone." Stay tuned as we continue to share what our core values mean to our Team Members and how they impact our decisions and interactions with our Team Members, Partners, and Customers. #WeNotMe #CompanyCulture #SupplyChain

It’s fitting that a yogurt company knows a little something about culture. But the kind that Chobani offers goes far beyond the strains in their cups of the popular Greek variety. 🇬🇷 🇬🇷 🇬🇷 Since its founding in 2005, and its journey under CEO Hamdi Ulukaya, Chobani has built a business centered around doing well by doing good. From a rundown yogurt factory ditched by Kraft, comes an ethos laser-focused on employees, community, and shared opportunity. This north star--combined with a remarkable product mix--has led the company to knock off larger rivals while pioneering a new product category. It's also shown that there’s room in business beyond profits when it comes to defining success. This is a narrative Ulukaya has consistently said (and shown), but most clearly articulated in his 2019 “anti-CEO playbook” TED Talk that counts some 4.5 million views to date. At FIG, we’re fans of all things Purpose-driven at Chobani and excited to see their story continue. Last week, the company announced a $900 million purchase of ready-to-drink coffee company La Colombe. The deal was based on the potential of the respective offerings, but also a shared culture that remains as important today as day one. ☕ ☕ ☕ If you're big on culture, let's talk. Learn more about our offerings at https://lnkd.in/eUMgb8wf https://lnkd.in/e9BbP-MZ #purposedriven #strategy #m&a #founderstories

Peter Kraemer, Chief Supply Officer at AB InBev, talks to us about how his interest in supply chain and breweries first began, why his focus is always centred on the consumer, and the greatest lessons he has learnt from his mentors.      Watch the latest episode of The Path now to learn more.      #SupplyChain #ThePath #SupplyChainCareerPath #ABInBev #Zero100   

It is always great hearing Peter Kraemer share his experience of our business, and each time, I walk out of the conversation 1000x better than before it started. Above all - It is always the simplicity and ingenuity of his advise that often energizes me. #ABInBev #SupplyChain

I totally stole this but can’t find the original source. Nevertheless, it moved me and I wanted to share it with you! If milk is wasted, it becomes yogurt. Yogurt is more valuable than milk. If it gets any worse, it becomes cheese. Cheese is more valuable than yogurt and milk. And if grape juice turns sour, it turns into wine, which is even more expensive than grape juice. You're not bad because you made mistakes. Mistakes are experiences that make you more valuable as a person. Alexander Fleming's mistake led him to invent penicillin. Don't let your mistakes depress you. It's not practice that makes perfect. It's the mistakes we learn from that make perfect!” #leadership #talentdevelopment #atd INTEGRIS Health

Co-opetition: cooperating with the competition. This week in my MBA, I was introduced to this term and I'm amazed at how counter-intuitive, yet obvious it is. It involves taking a step back from the usual, fierce, all out competition sometimes we believe is the only way of conducting business, and allowing ourselves to explore the posibility to grow together with our competition, and turn the focus on enlarging the pie and leaving the fight over it for later. Adam Brandenburger and Barry Nalebuff explain this in their article (Harvard Business Review: "The Rules of Co-opetition") with the case of Honest Tea, who was approached by Safeway supermarkets to make a private-label line of organic teas. A short sight would only see this risky, as these teas would compete with Honest's own products. But if we take time to analyze the alternatives for Safeway, they might turn to another player (Tazo, Snapple, Etc.) to produce them, and in the end, rejecting the deal wouldn't have prevented any new competitors, and would leave the door open for a competitor to create more value by increasing its output. By accepting the deal, Honest could design the new Safeway tea line to resemble the competitors products, and compete less against its own. If Honest had said no, its competition could make a similar play, reducing its profitability. So Honest agreed to the deal. The idea of looking above the fuss of competition and, instead, using it to harness the advantage of colaboration is, in my opinion, very powerful. #strategy #management #coopetition

Big acquisition in the ingredient space - CP Kelco is a great acquisition for Tate & Lyle as they look to move towards being the go-to supplier of specialty solutions eg less commodity, higher value add. Side note - it feels like the appetite for acquisition from strategics and private equity is starting to ramp up over the last 6-7 months with several multi million and billion deals...will be interesting to see if it continues through the rest of the year.

The Battle of the Bites: Anmol's Chocolate Wafer vs. Nestle's Munch In the heart of the city's bustling markets, a delicious duel is unfolding between two titans of the confectionery world: Anmol and Nestle. Anmol, renowned for its affordable snacks, has just unleashed a tempting treat - a chocolate wafer priced at an irresistible Rs 5. Meanwhile, Nestle's Munch, a longstanding favourite, stands firm, and confident in its taste and loyalty. During a recent market visit, the buzz surrounding Anmol's latest offering was undeniable. Shopkeepers hailed it as a game-changer, poised to deliver value for money without compromising on quality. But amidst the excitement, a familiar face emerged - a Nestle salesman, ready to defend Munch's honour. The debate was swift. Anmol's chocolate wafer was hailed as a new competitor for Munch, promising affordability and flavour. However, the Nestle representative countered with a reminder: taste and loyalty are the cornerstones of Munch's legacy, attributes that cannot be easily replaced. This clash epitomizes the eternal struggle between innovation and tradition in the marketplace. Anmol's entry signals a bold move to capture market share, while Nestle's steadfast defence underscores the enduring power of brand loyalty. As consumers, we're spoiled for choice. Do we opt for Anmol's budget-friendly delight or stick with the familiar taste of Nestle's Munch? The decision is ours, but one thing is clear: the battle of the bites rages on, and we, the consumers, emerge as the ultimate victors. Join the conversation. Which side are you on? #Anmol #Nestle #ChocolateWars #ConfectioneryDelights

Our Chief Sales & Commercial Strategy Officer, Katie Eshuys was recently featured on the Snack Food & Wholesale Bakery podcast. Listen in to hear Katie share insights about our company's history, mission, and the latest developments in product innovation and distribution. #thatsit #thatsitfruit #healthysnacks #podcast #sfwb #salesandmarketing #podcast

Whether you are local to the #Midwest or visiting #Indianapolis for The National Confectioners Association Sweets & Snacks Expo, (May 14-16, 2024) we’d like to share an invitation with you to the 2nd annual #FoodAndBeverage Industry Summit on "Farm to Fork Offense & Defense" at True Essence Foods on Wednesday, May 15, from 3:00 – 5:45 PM.   Henriott finds that Food, Beverage & related companies share similar concerns – is their #SupplyChain resilient enough, what is the financial or reputational impact of a disruption or contamination/recall event, how to increase ROI & margins in an ever increasingly competitive global market, & how does innovation or adoption of new processes expose physical/IP assets, management or balance sheets to new liabilities, regulatory, compliance or labor challenges. If any of these resonate with you, please contact Matt Logue (mlogue@henriott.com) to secure your reservation to the summit.   The summit will connect you with our panel participants and speakers to create discussions and share best practices in Supply Chain & #Logistics, Labor & Productivity, Legal, #FoodTech Innovation, and Product Contamination & Recall #RiskManagement. Additionally, you’ll have an opportunity to tour the True Essence Choclate Factory & Innovation Center.