Entrepreneur

How OSI Industries Is Implementing Expansionary Plans Into Other Markets

After serving in the food industry for more than 100 years, OSI Industries is now expanding into other markets different from America, where they appear among the most established companies in food processing and distribution. The expansions they are tackling are not about coming up with new businesses entirely, but more focused on identifying companies with similar ideas that are successful in their local markets and acquiring them. The strategy has so far produced results and with the recent entry into the European market, OSI Industries has positioned itself for expansions that will see the company become a global player.

Locating expansion opportunities

Before moving out to secure other markets, OSI Industries has resolved to first embark on acquiring businesses based in the local market. This was highlighted when the company acquired Tyson Foods, based in Chicago, at $7.4 million. The acquisition came along as a boost to satisfying the continued need to build the company to become a globally acclaimed food processing firm. Some of the items that will feature in the just acquired company include poultry, vegetables, beef products like hamburgers, bacon, and pork items.

Entering the European market

To get into the European market, OSI Industries purchased Flagship Europe, and this offered them resources to establish new clients. Buying already successful businesses has come with the favor of tapping to an already acquired clientele, but to keep the clients hooked, OSI Industries has resolved to offer the products included initially but with a bit of flavor and better quality so as to capture a wider market. Another company that joined OSI Industries is Baho Food, a manufacturer focused on convenience foods, deli meats, and snacks.

This served to further expand the market accessible by OSI Industries in Europe. Baho brought in five subsidiaries that run processing plants in Netherlands and Germany, cumulatively serving 18 countries in Europe. As a measure to maintain the success achieved by Baho, OSI Industries also agreed to retain the managing director and managers as well as other officials involved in strategizing and overseeing the company.

About OSI Industries

OSI Industries is an established food processing and distribution company that is based in America. The company has been in the industry for more than 100 years, in this period gradually developing to become one of the most established food processing companies across the world. It has since embarked on an expansionary mission that will it serve other parts of the world.

OSI Group Info: www.linkedin.com/company/osi-industries

Edisoft, a Key Driver in Integrated Supply Chain Solutions

Technology has transformed the world into one global village. Presently, people are in a position to seek items from different countries and have them delivered right on their door steps all thanks to the evolution of the shipping industry. The sporadic growth of the human population has increased demand for particular products, items that can only get purchased from overseas. To this end, shipping companies have become relevant now more than ever.

Due to the ever-increasing quantity of items that require shipping, there has grown the need for advanced software to manage the supply chain performance better (http://www.edisoft.com/about-edisoft-edi-expert-solutions.php). Thanks to tech originating from Edisoft, nations in Asia, Africa, Europe, Australia, South America, and North America now have the opportunity of better managing and monitoring the performance of their distribution and supply chains.

 

As a company barely three decades old, Edisoft has pioneered into the provision of unique services like TMS, WMS, EDI Compliance, GSI Compliance, ERP Compatible, Cloud, agnostic, EDI, data architecture, ERP, acumatica, and sage. Others include data integration, order fulfillment, order management, shipping, supply chain management platform, warehouse, and e-commerce.

 

With Edisoft being a tech-savvy company, it has been able to offer shipping companies lasting solutions to their digitally related problems. Institutions that have openly integrated Edisoft’s software into their daily operations have encountered unprecedented improvements in only a short span of time, making them earn profits in the process. Edisoft has gone above and beyond to assist shipment companies with compliance requirements, making them realize a lot of productivity in the long run.

 

Since its inception, Edisoft has been helping both small and large businesses utilize big data all with the aim of improving supply chain performance. By carefully monitoring a carrier’s on-time performance using a full range of tools, it has become possible for Edisoft to identify flaws that make a shipping system lag behind. Thanks to the findings made by Edisoft, corporations have been able to capitalize thus revolutionizing their overall performance. It is without saying that Edisoft has come as a blessing in the 21st Century, helping institutions improve their performance by identifying their strengths and weaknesses.

 

Glen Wakeman: Entrepreneur and Business Manager

Glen Wakeman is a writer, investor, entrepreneur, mentor and global business executive. He has worked in various international companies during his 20-year career including GE Capital. Glen graduated with a BSc in Finance and Economics from Scranton University in 1981. In 1993 he obtained his MBA from the University of Chicago. Glen Wakeman has had a very successful career helping businesses in profit and loss business development positions. He served in various senior management positions at GE Capital.

During his long career as a business manager, Glen Wakeman has transformed businesses with over $15 billion in assets and 17000 staff. Wakeman has done everything from marketing divestitures to market entries and guidance of startups. Glen Wakeman is also a capable and concise writer, this skill helps him share his insights with the world via his blog posts. He writes on multiple topics including emerging markets, management, administration, strategy and international fiscal matters. Glen also mentors C-level executives in various industries and he is currently mentoring managers from Sitter Bees and Dreamfunded. Glen encourages all business leaders to focus on five key performance areas: governance, human capital, leadership, risk management, and execution. Additionally, Glen Wakeman has worked in over 30 countries and lived in six countries. This means he is experienced in handling international organizations across different cultures.

Glen Wakeman started LaunchPad Holdings. He started the company in 2016 together with two other partners (Ideamensch). LaunchPad is a Software As A Service company that provides early-stage startups with business planning software. He started the company after noticing that the failure rate for startups was extremely high. After studying the problem he noticed that most startups failed because there was no structure around their core ideas. He then decided to create a platform that would allow make it easy for anyone to create a plan. At LaunchPad Holdings, Mr. Wakeman is excited by the potential of applying machine learning techniques to business problems. LaunchPad is already using machine learning to gain insights on customer trends and maximizing profits.

Todd Lubar’s Close Relationship with the Mortgage Industry

Personal Profile

Talk real estate investment and one personality that quickly come to mind is Todd Lubar. His career started at Crestar Mortgage Corporation in 1995 where he went on to work untill 1999. He then joined Legacy Financial Group and stayed with them until 2005. While with Legacy Financial, he helped them grow the Maryland branch to higher units of production totaling millions of dollars regarding loan volume. After moving from Legacy Financial, he took a position as the senior vice president of a division of First Magnus Financial Corporation, Charter Funding where he stayed until 2007.

Refocusing

With major changes taking place in real estate, Todd strategically made a decision to shift his focus to purchase money while majorly focused on mortgage banking. He used his mortgage savings to buy Priority Financial services. He could now understand clients due to his vast experience, and he went ahead to create Legendary Financial LLC. He also invested in several other companies in the night club industry, demolition industry, real estate as well as recycling. Through the strong leadership and managerial skills that he had earned working over the years, he has been able to run different companies and excel in the various environments. For many years, Todd Lubar has been ranked among the top 25 mortgage originators in the United States. Currently, he is the president of TDL Ventures.

TDL Ventures

According to Hackronym, after his vast experience in real estate, Todd Lubar felt the need to help other people in the achievement of their dreams. He established his company as a means to eliminate the barriers that would normally prevent individuals from receiving loans by innovating a product that could help startup companies. Through this firm, Todd has been able to market his customers, and as such, he has exposed them to lending sources which would otherwise overlook them. His contribution to Charter Corporation has also led to the high rating of the mortgage company as one of the largest private companies in the U.S. His broad experience has given him an opportunity to interact with both clients and other companies to make the best business manager and top mortgage originator.

Ref: https://www.business.com/advice/member/p/todd-lubar/

 

 

 

 

Eric Lefkofsky, CEO of the Most Successful Internet IPOs- Groupon

According to the founder of Tempus, Eric LefKofsky, the major issue affecting cancer treatment is the lack of sources which combine genomic information with the therapeutic data. Thus, Eric started establishing information centers to fine-tune Cancer treatment. Eric says that truck drivers always get better information about how to do their work than oncologistset it is essential for oncologists to have required details for effective treatment. Apart from information on patient’s DNA and RNA structure, cancer patients also should know which treatment they are on and how they are responding.

Lefkofsky established Tempus when his wife was diagnosed with breast cancer. He established Tempus with the aim of building a technology foundation that will live in existing electronic medical record and pathology to compare data, remove it and have a new version back to the regional source because all the grouped data was to be used to find trends between treatments and results.Eric is kind-hearted. Together with his wife, they established the Lefkofsky Family Foundation in 2006. This is a charitable foundation that aims at advancing high-impact initiatives to improve lives in the society. He is also a trustee of Lurie Children’s Hospital of Chicago, Museum of Science and Industry, as well as the The Art institute of Chicago, among others. His family has given back to the community in their hometown and many educational projects, and they posses wide-ranging philanthropic strategies and are also signatories of the Giving pledge.

Eric Lefkosky heads the board of trustees of Chicago Steppenwolf Theatre Company. He is also a professor at the University of Chicago and the writer of Accelerated Disruption. He is a graduate of the law school at Michigan University where he got his Juris Doctor. Other than being the CEO of Tempus, Eric is also the co-founder of Groupon.After law school, Erick Lefkofsky and his long time partner in business Bradley Key started an internet company that specialized in promoting products. He created, bought and sold many companies before he finally partnered in establishing Groupon which become the newest darlings of the tech industries and one of the most successful internet IPOs in the recent years.

 

John Goullet – Principal of DIVERSANT, LLC

Mr. John Goullet is the current serving Principal Manager at the Diversant Company. Mr. John Goullet is also the founder of the Info Technologies Company based in the United States. In 1994, he served as the Chief Executive Officer of the company upon its inception as a company in the United States. Before he went on to found his IT Staffing Company in 1994, he worked as an executive staffing accountant. Mr. John Goullet worked to understand the executive corporate world through his services in the company. For this reason, the Info Technologies Company worked to solve staffing issues for IT companies in the United States.

For the company, they worked hard to establish themselves as the working institutions which have their main identification issues regarding the solutions solved through permanent immigration and anomaly. He is the current managing partner and Chairman of the Diversant Company. This is one of the Fortune 500 companies based in the United States. According to the Forbes Magazine, the Diversant Company is one of the fastest-growing companies headquartered in the United States.

According to him, the idea about Diversant came from the fact that he wanted to own an IT company. When he was at the age of 24, this idea came into his mind. For more than 22 years, he has been in the American business which helped him realise he has been a better person in the industry through personalization. Because so many f his colleagues had succeeded in the corporate world, he also saw many chances that he would work to develop most of his corporate work abilities.

For him, a day is whatever he achieves. For him to make a day productive, there are many things which must be done with that respect. Most of his days start at the gym. He wakes up at 6:00 a.m. to go to the gym and have a 30-minute training session. His office opens by 8 o’clock. Whenever he has an appointment in dinner, he leaves the office by 6 o’clock. He also has a way to bring his ideas into life. For whatever happens in the labour industry, he reads and pays attention for the sake of his business.