1/30/18 Internal Meeting 1
1/30/18 Internal Meeting 1
1/30/18 Internal Meeting 1
Attendees:
- Joseph Singson
- Benedict Tiu
- Bianca Mateo
- Abby Gabaton
- Jeanne Lao
Agenda:
- Presentation to sir William tomorrow
A. Owner’s story
B. History of the company
C. Mission and Vision
2nd genereation company
Summer peak for bakery goods
Summer and December
Have warehouse in visayas and mindanao
2500 stores 7/11 nationwide as customers, delivering directly every store even to Cotabato,
Bohol, Boracay. Major issue: logistic, cost to deliver
Warehouse in Davao, CDO, Bacolod, Iloilo, Cebu
Customer-dictated expansion
On the go ice cream with convenience stores
Worked with them 20 years, grew the cornetto business for them, 1M to 18M pcs. Target this
year 20M.
Supplies also to McDonalds
4 in Luzon, 1 in Mindanao
Partnered with Selecta (free cones with ice cream)
Magnolia sa summer lang peak
Arce’s selecta was sold to Unilever
Before, shipped to Japan and Australia, Now Yearluck is doing it. Yearluck was established
to cope with selecta demand that time after ondoy.
Before, prod of Goodheart was with selecta only, just in time. No warehouse cost, no money
cost. 2010-2012. 2013 separated from yearluck. Machine was dedicated to size of selecta.
Icecream exempt from train. Cone not affected by train. Sugar price increase.
2 arrangements: they supply us the sleeve (selecta) or we deliver with the sleeve (magnolia)
Regional supplier is nice but for market share, we’ve covered almost nationwide. (we’re only
company covering nationwide).
Air freight cost (3k, 7k). Breakage is high. (7/11 fun run)
Visayas Mindanao
How can I start this up without that much waste? (current: 10kg / startup. 25 g per cone, 3
pesos per cone.
Cleaning: accumulates carbon due to sugar. Using dry ice blasting (tech from europe). Dry
ice pellet. Only 1 supplier for dry ice pellets and theyre unreliable. (other: mechanical, laser)
Being an FSSC company, we are mandated to purchase from accredited suppliers. SGS
third party has to clear. Need complete documents.