SlideShare a Scribd company logo
http://fit-ingredients.com/
the art of blending
http://fit-ingredients.com/
Vision and Mission
http://fit-ingredients.com/
Who are we?
FiT was founded in 1998 by 3 partners, combining more
than 30 years of scientific, commercial and financial
experience and expertise in this market segment.
Today FiT is co-managed by
David Landau
Dimitri Van de Voorde
FiT employs 11 people
4 in management
7 workers
http://fit-ingredients.com/
Our vision
To invent and distribute high quality food additives and
ingredients at the best price.
To become the privileged partner in the development
of the products of our customers.
http://fit-ingredients.com/
Our mission
We develop and produce custom-made food additives
according to the wishes of our customers and in
compliance with the strictest IFS standards.
The priorities Fit sets are those of its partners: quality,
safety, efficiency, price and above all FLAVOUR.
http://fit-ingredients.com/
Our customers
http://fit-ingredients.com/
The priority markets
To fully understand the needs of our customers, we have
adopted a niche strategy which has led us to specialize in
the following domains:
The Meat Industry (processed meat/ready to eat meals)
The Fish Industry
The Sauce Industry, Mayonnaise
The Vegetable Industry
The cakes, biscuits and ice cream Industry
002
http://fit-ingredients.com/
Trading area
Fit sells everywhere in
Europe but mainly in
Belgium and the
adjacent countries,
which gives us still
good growth
perspectives
Belgium;
65%
France
15%
Netherlands
; 18%
Other; 2%
http://fit-ingredients.com/
Customer structure
FiT works with a stable core group of about 150
customers, of which none represents more than 10%
of the total turnover: this leads to real commercial
independence.
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
0.
5.
10.
15.
20.
25.
30.
35.
40.
45.
50.
% turnover
Amount of customers
http://fit-ingredients.com/
Our key processes
http://fit-ingredients.com/
Our strengths
Our capacity to meet the specific needs of our
customers concerning:
Products
Packaging (from 250 g to 25 kg)
Flexibility: next day on site (on stock), D+5 (production)
A complete offer of the type one stop shop for the
additives, herbs and marinades
In line with our customers’ expectations, FiT invests in
its key processes.
http://fit-ingredients.com/
Quality
In a market segment where the notions of quality and
hygiene are of the utmost importance, FiT has
obtained the IFS certificate.
http://fit-ingredients.com/
Investments
Investment policy
To meet the expectations
of the markets, FiT
regularly invests in
production material
Information system
FiT has its own ERP
system at its disposal,
allowing it to completely
and flexibly manage the
production from the order
until the invoicing with
performance indicators in
place.
In the near future, a CRM
will be implemented in
the company.
http://fit-ingredients.com/
Purchases
Independence :
Each year, FiT purchases for approximately 2.000 K€ raw
materials with dozens of suppliers, of which
approximately ten are key partners without however
being predominant.
For each raw material, FiT has several potential suppliers
to be able to meet the customers’ expectations without
delay.
http://fit-ingredients.com/
Purchases
Meeting delivery times :
To meet the customers’ expectations with regard to the
delivery times, purchases are closely followed – through
ERP.
http://fit-ingredients.com/
Stocks
Optimal stock:
After a phase of stock increase, FiT has implemented
managing techniques allowing a stock reduction while
assuring an optimal service level.
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
4500000
5000000
2006 2007 2008 2009 2010
SALES PURCHASES
http://fit-ingredients.com/
Our product ranges
ChopFiT
HamFiT
TasteFiT
RawFiT
FiTArom
FiToGel
MarinaFiT
FiTstarter
SpiceFiT
FishFiT
FreshFiT
FiTColor
FreshFiT Bacterin
BioRed
Bulk products
http://fit-ingredients.com/
Learning & Change
http://fit-ingredients.com/
Our strengths
To meet the specific needs of our customers, the FiT
strategy leads to investments in:
Co-operations with universities
The continuous improvement of products and processes
New product ranges and new products
Ad hoc consultancy
http://fit-ingredients.com/
2010
Ready for a new start !
http://fit-ingredients.com/
Decision to move to Ghislenghien
http://fit-ingredients.com/
Decision to move to Ghislenghien
Luxemburg did not have sufficient space to absorb the
production growth
To be closer to the customers
Dynamic policy of the Walloon Region (government aid)
Available workforce
Possibility to extend the production capacity
Orientation of the efforts towards development
http://fit-ingredients.com/
Consequences
Purchase of the buildings in 2009
Move in 2010
Start of the production March 2010
Training of new personnel
Rewriting of the quality system AFSCA/IFS
http://fit-ingredients.com/
New Investments
Buildings
Machines
Ventilation system
Tool improvement (flours and humidity check)
Momentarily under investigation: extraction and mixes
of essential oils
http://fit-ingredients.com/
2010, in a nutshell
A year of challenges
Consequential investments
A gloomy economical environment
Selection of the customers with the aim of
cash flow
Aim of profitability vs. turnover
http://fit-ingredients.com/
2015
Opportunities, assets & projects
« The food and drink industry is one of
Europe's most important and dynamic
industrial sectors. It is made up of about
310 000 companies, and provides jobs
for more than 4 million people »
(European Commission, Entreprise &
Industry)
http://fit-ingredients.com/
A market full of opportunities
With a market share of
12.2 %, the food industry
is the second largest sector
in the manufacturing
industry in value added
terms; it accounts for
14.5% of total
manufacturing turnover
(€917 billion for EU27) and
13.7% of employment !
Key figures for the Belgian
Market
http://fit-ingredients.com/
Our strengths
•Size
•Location
•Active shareholders
•Small is Good
•Heart of Europe
Structures
•Competence
•Flexibility
•In-house
•Partner vs. Customer
•Motivation
Organization
•Quality Control
•Price
•Custom-made
•IFS Quality
•Very Competitive
Products

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