OSI Group provides meat products to supermarkets and restaurants in the United States and worldwide. It operates in 17 countries and continues to seek new markets. OSI is based in Aurora, Illinois. The company is lead by CEO Sheldon Lavin and David McDonald is its president.A part of OSI Group’s business is expanding its meat based products worldwide. It recently purchased controlling shares in the Dutch company Baho Food. It operates in the Netherlands and Germany, along with 5 subsidiary companies. Gelderland Frishchwaren, Vital Convenience, Henri Van De Bilt, Bakx Foods and Q Smart Life are the subsidiary companies. Baho Food, at the time OSI Group purchased it, provided food for 18 countries in Europe.
OSI business goal is to increase Baho’s production and sales.In 2016, OSI Group purchased Flagship Europe from Flagship Food Group. Flagship provides frozen poultry, sous vide products, pies mayonnaise, dressings and sauces in the United Kingdom restaurant market. Flagship broadened it’s reach in the UK by purchasing Calder Foods. Calder Foods provides the UK market with sandwich fillings, marinades, sauces and dips.OSI global food market also includes Spain. OSI Food Solutions Spain operates in Toledo, Spain. In 2017, it improved its product line. Now, it produces 24,000 tons of chicken products annually.
In all, the food company produces 45,000 tons of beef, chicken and pork. The building was, also, expanded to include a space for a kitchen. The kitchen will be used for variety of product development and to better meet the needs of consumers.Within the United States, OSI Group purchased a food plant owned by Tyson Food. It is located on the south side of Chicago. With this domestic purchase, OSI was able to expand within the U.S and help prevent job loss for Tyson employees. Tyson employees were given the best business opportunity to remain in the same job positions they had previously.David McDonald, the president of OSI Group accredits the companies longevity to its ability to interact with the local community. This helps OSI know and understand each local markets needs and wants.
OI Group is currently considered one of the most successful food manufacturing and distribution companies in the world. It has also featured on the Forbes list of the top 100 largest private companies in the United States consistently. More importantly, it has already established operations in over 17 countries across the world where the Sheldon Led Company has established or acquitted over 60 food processing facilities. The fact it grosses over $6 billion in revenue is a manifestation of the success it has so far achieved.However, behind this success is a story of endurance, long nights and endless days by the company’s top management. It has all come across numerous challenges, some that threatened its sustainability, but still overcome them all due to the able an expert leadership of Sheldon Lavin, the company CEO, David McDonald, its current president and COO. Some challenges include:
There was a time when inadequate capital and threatened to drive about OSI Group to the ground. A combination of factors both at the management and operational level saw the company and time contributed to a massive financial crisis. At the time, the food manufacturer was known as Otto & Sons Company. They would soon hire the services of Sheldon Lavin an experienced finance and investment expert to help them with the financial restructuring.Sheldon helped reorganize their finances, their management and vision to help address these problems. He would even use his connection in the investment world to pool the necessary capital necessary to initiate such urgent operations in the company upgrade its factory systems. A partnership struck at this point and it led to the birth of OSI Group.
Inability to meet market demand
Continued use of redundant technologies didn’t just increase the cost of production, it also ensured that OSI Group was unable to meet customer demands. The company started losing crucial clients to its competitors. At one time its biggest and most loyal client, the McDonald Food chain, had to cancel an order with the global meat company and go for competitor products due to their inability to meet their demand.Sheldon, however, sought to address this by initiating the factory processes upgrade upon talking over OSI Group leadership. He stated by embracing modern technologies available in the market at the time. He has, however, set up a culinary center that seeks to continuously review the systems and technologies used at OSI Group worldwide. These have the intention of continuously upgrading the technologies to avoid a repetition of this scenario.
Sources of the article : https://www.glassdoor.com/Reviews/OSI-Group-LLC-Reviews-E19677.htm
The OSI Group, a world leader in providing quality products and custom solutions for the food industry, is an American company with locations worldwide.
The company’s recent acquisition of a Tyson Foods Plant in the south side of Chicago has helped tremendously to provide support to the infrastructure of the company nationwide and to expand its capabilities in the local Chicago area. The plant was purchased for $7.2 million and the OSI group offered jobs to the over 200 employees that were set to lose theirs because of the eminent closure of the Tyson plant.
OSI has also recently bought out BAHO Food, which is a Dutch company that manufactures meat products and other foods for the food service industry. With plants in the Netherlands and Germany, Baho brings 5 companies to the table and these are Q Smart Life, Henri van de Bilt, Gelderland Frischwaren, Vital Convenience, and Bakx Foods. The company has a 60 year history and sells convenience foods, deli meats, and snacks to people in 18 European countries.
The OSI group has been named a top 100 American company, and their CEO and Chairman, Sheldon Lavin, has had a big part in this honor. He was given the Global Visionary Award by India’s Vision World Academy recently and has been recognized as a leader with excellent qualities for many years. He took OSI Group from being a domestic food company to the global billion dollar food processor it is now. His history of experience in the food industry as well as the financial industry have both helped him tremendously.
Learn more about OSI Group: http://www.foodworks.pl/en/osi-group-en.html