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Freight management; outsourced
soft-services; foodservice and food ingredients; automotive
retailing and fleet management; industrial and commercial
products. |
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Strategy |
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Implementation |
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Own the cash flows |
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Manage businesses actively and successfully |
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Mastery of the distribution channel |
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Maintain decentralised channels and
reach common customers |
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Anticipate the future |
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The need to be increasingly flexible
and adaptable, to explore new opportunities and directions
while taking risks on a calculated basis |
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Stick to basics |
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Collect the book, manage payment of
creditors and manage the returns on investment |
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Opportunistic and acquisitive |
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Remain constantly alert for acquisition
in various geographies |
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2010 |
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Eagerly anticipate Group-wide opportunities
the FIFA World Cup offers. A number of South African-based
Bidvest companies have signed contracts in place |
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Balance of mature and growth
businesses |
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Build and retain market leadership |
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Management
focus |
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Implementation |
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Never waste a crisis |
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A proactive approach to global challenges
could describe the Bidvest approach, refitting the businesses
for a new future |
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Financial disciplines and allocation
of funds |
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Working capital and return on funds
employed |
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Restructuring |
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Developing lean, flexible structures
to take business in entirely new directions. Nimble unblinkered
organisations have the best chance of success in a changing
world |
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Goal 2010 |
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By working together as never before Bidvest will achieve
its five-year goal of doubling our size by 2010. New performance
benchmarks can then be set as we pursue our long-term vision
on continually enhanced shareholder value |
Bidvest's vision lies in the realm of possibility
“Bidvest people put in a resilient performance and the Group achieved a creditable result.”
statement
“We refuse to participate in the recession and salute our employees for their efforts in exceptionally difficult trading conditions.”