OSI Food Solutions is one of the largest companies in the U.S., though many may not have ever heard of them before. Whether you have or haven’t heard the name before, you’ve doubtlessly eaten an OSI product: They supply meat and produce to many major food companies and brands, supplying processed food products to a variety of companies around the world. OSI Food Solutions was the original supplier of hamburger patties for McDonald’s when it began expanding as a franchise business in the 19050’s and have been steadily growing ever since. Founded by a German immigrant in 1909, OSI Food Solutions began as a family-run, neighborhood business in a Chicago suburb.
Still based in Maywood, Illinois, the company once known as Otto & Sons has undergone several stages of evolution as it has grown to become OSI Food Solutions. A great American success story, OSI charts its growth from a turn-of-the-century local meat market to a major company operating 65 plans in 17 countries. Opening its first self owned and operated processing plants in the 1970’s, OSI Food Solutions has grown internationally. With branches in markets like China, the Philippines and Europe, OSI’s growth has been steady. Hiring local management and using local food producers has helped OSI operate in so many different markets successfully, employing unique strategies in each region to ensure success.
Maintaining a reputation for food safety has helped grow the OSI brand. The company has won awards and recognition in several countries for its safety practices and this reputation has allowed them to gain direct clients over the years. In addition to still being a major supplier for McDonald’s, OSI also supplies companies like Subway, Pizza hut and Starbucks. They have grown to supply various produce as well as meats. OSI partners with many charitable groups to help provide nutritional food assistance for those who do not have access to in both domestically and abroad. Partnerships include the Feed America campaign and the Ronald McDonald House Charities. It also works with local groups in other markets to provide the same charitable offerings to all their customers.
One of the most famous Italian fashion house Prada Group has formed a merger with China’s largest retailer, JD.com. In this partnership agreement, Prada Group has launched an authorized flagship outlet on JD.com on June 17. The merger was publicized as a segment of JD’s June 18 (“618”) anniversary sales festival. Brands under Prada Group, Miu Miu and Car Shoe will also launch their flagship outlets on JD.com on June 17. This was part of the merger agreement between Jd.com and Prada Group. In addition to this, the new Prada outlet offers the upcoming fall/winter collection. This merger benefitted both parties. JD.com’s total sales reached new levels of $29.2 billion because of its June 18 Anniversary Sale (“6.18”).
The key drivers for these outstanding results were new products and brands like Prada, and Chinese consumer’s interest in high-quality brands/products. On the other hand, Prada Group also reported double-digit growth of their company and it is planning to set up an online presence for the majority of its sub-brands by the end of 2020. This merger between both of the companies represents a major part of Prada Group’s digital strategy in the Chinese market. Prada Group using this strategy also gained an advantage because JD.com has created a specific channel inside its stage to promote new brands by making them simple for buyers to discover, and helping brands get new customers leading to more sales.
“Prada is synonymous globally with the highest taste in fashion and luxury, and it is truly an honor to welcome them to our online platform,” said Kevin Jiang, President of International Business at JD Fashion and Lifestyle. “International brands are increasingly recognizing the power of JD when expanding into China’s burgeoning luxury market, and we look forward to helping Prada connect with China’s sophisticated consumers.” In the year 2018, JD’s annual June 18 anniversary shopping festival celebrates the company’s founding. This festival gave customers a chance to enjoy a variety of promotions and exclusive deals on many different products and brands, with more than 90 percent of major brands introducing a new array of products this year.
James Dondero is one of the most
famous capitalists and investors in America. He has built an amazing
hedge fund in Dallas, and he often gives to charities in the Dallas area
because he wants to support his hometown. James has given to charities to help
jumpstart their fundraising, and he has given tot he zoo to pay for special
projects. He is a surprise philanthropist who often finishes off the charity
giving of certain organizations because he can pay the balance on their
more at Wikipedia
about James Dondero.
James Dondero also offers his support so that people can get the funding that they need. He is
willing to lend his voice to certain causes, and he will advocate for the
people who cannot advocate for themselves. He encourages his staff members to
go to charity events that are for a good cause, and he will appear at events so
that people are more likely to give of their own time and money.
The work that James Dondero has done in Dallas is
something that people take notice of every day. Plus, James is the one who will
go to events, give to big campaigns that he wants to see reach their goals, and
will even position his company as one that will give of its own time and money.
The way that James Dondero serves the community is an important part of how he
manages his business. Learn
more about James Dondero at High Yield Credit.
Nitin is the CEO of Mergertech. The firm provides tech consulting services. After graduating from Purdue, Khanna started working for Oracle. He is based in Portland and has built a successful career. He was born in India, and his father was a colonel in the army. Most of his family members engaged in business, and he followed in their footsteps. He spent a lot of time in business firms and recorded what he learned. As a young boy, he had developed a plan to become an entrepreneur.
Nitin Khanna attended The Lawrence School, one of the best boarding schools in India. The school encouraged students to pursue their dreams and never to give in. This inspired Nitin Khanna to remain optimistic when faced with difficulties. During an interview, he was asked what advice he would give his younger self, and he said he would tell his younger self to be patient. He was frantic when he became an entrepreneur and constantly thought of failure. Anxiety held him back, and he contends that he could have achieved more if he had been steady. He would also advise his younger self to work hard, be ethical, plan and keep your eye on your mission.
Nitin Khanna moved to the US when he was 17 years old to join Purdue University. He studied industrial engineering and a master’s degree in the same course. He thought of doing a doctorate but abandoned the idea. He was hired by International Paper, where he worked for two years. He developed an interest in technology as he thought it was the future of business. He worked for Oracle from 1995 until 1998. He and his brother started a new business called Saber Software. He spent time growing the business, and it became successful.
The tech company had massive success when the child welfare services decided to use its software. It soon became the largest provider of government software solutions in the US. The company has more than 1 000 employees. Nitin Khanna is also an investor and has invested in several companies in Portland. Khanna says what helped him succeed was identifying opportunities and taking risks.
The Angolan businesswoman, Isabel dos Santos, is the top richest woman in Africa having an estimated current fortune of about three billion dollars. Isabel dos Santos was born in 1973 to Jose Eduardo dos Santos, the former president of Angola. Back in 2013 she first attained two billion, thus becoming Africa’s first female billionaire. Most of her biggest investments are in her native country of Angola and in Portugal. She is also a leading proponent and spokesperson in Africa, for the modernization of the continent, particularly in the area of technology.
She is certain that an improvement of technology, primarily digitalization, will help to vastly improve Africa’s economy. Isabel dos Santos is also a very committed proponent for increasing employment for women in the African business place. There is yet a remaining stigma of working women throughout the continent. She herself has experienced this prejudice throughout her professional career. She says that even today, having successfully made billions of dollars, individuals in African business doubt her business decisions because she is a woman. Santos says that may businesswoman with good ideas and perspectives are doubted immediately and therefore never heard.
It is especially hard for entrepreneur businesswomen who are trying to raise funds for a project since many African investors will only fund male-led projects. In Africa, it is always assumed that if a woman is wealthy that she was made so because of a rich husband. It is her own experience as the victim of this prejudice which has made her resolve in this so great. Isabel dos Santos says that although there are these remaining prejudices, it is possible for today’s African business women to succeed and to succeed well. She says she herself is an example of this. She highly recommends starting things off well by identifying your passions and gifts. They then need to seek higher education. All of this has made her one of the most respected business people in the world.
Estudos recentes mostram que os africanos estão entre os mais empreendedores do planeta–#Angola em 6º.Temos de usar esta energia e vontade de criar que está no nosso sangue.Inspirar-nos porque acredito que somos capazes de mudar o futuro#TuesdayThoughtshttps://t.co/zAlNcfvfvz
Founded as a tiny meat market outside Chicago, today OSI Food Solutions is a global operation which facilities around the world. They supply high-quality customized solutions to their many customers in the food and retail industries. This company was established in 1909 and for many years was known as Otto & Sons. In 1955, McDonald’s opened its first location in Des Plaines, Illinois, and chose them as their official supplier of fresh ground beef.
In 1973, OSI Food Solutions built its first meat plant that could produce a high amount of processed meat. This plant could shape the ground beef into patties and then freeze them using liquid nitrogen. This reduced the labor in McDonald’s restaurant and meant they could ship meat much further. They still supply McDonald’s franchise around the world along with their other fast service and retail partners.
OSI Food Solutions has created many partnerships over the years. They have launched joint ventures around the world such as in the Philippines where they founded GenOSI with two other companies. They also operate Vista Processed Foods in India which was founded in 1995.
They also acquire other companies in the industry. The most recent acquisition is another Illinois food processing firm, Rose Packing Co. Inc. This company creates several pork-based products such as meatballs and ethnic sausages. Rose Packing is also a company that has been around for decades having been founded in 1924.
Rose Packing employs over 700 people. An OSI Food Solutions spokesman stated that these employees and the management team would stay in place once the acquisition was completed. Each of these companies produces complimentary products and have similar cultures.
OSI Food Solutions also expands by purchasing other companies facilities. An example of this occurred in June 2016 when they bought a food production plant that Tyson Foods was shutting down in Chicago. This 200,000 square foot production plant was purchased for an undisclosed amount. It helped them meet their customer’s needs and gave them a greater capacity for growth. Click here to learn more
Ara Chackerian has more
than two decades of work in the healthcare and business world. A native of San
Francisco, Chackerian has built an impressive resume that demonstrates his ability to build and lead
a business. He has spent time working as an entrepreneur, investor and a
philanthropist. Most of Chackerian’s career has been focused on start-up
healthcare companies. Chackerian is an innovator who is constantly looking to
improve the world.
Ara Chackerian got his
start at Florida State University where he earned a degree in marketing. Soon
after completing his education, Chackerian began making partnerships in the
business world. He would soon collect more than twenty years of building
companies in the healthcare world. These companies include well known groups like
PipelineRx, BMC Diagnostics, Provider Links and perhaps the most known company
Chackerian’s biggest accomplishment is perhaps the creation of TMS Solutions. The
idea for this company comes from a very unique place. For years Chackerian has
worked with a business partner on creating out-patient diagnostic radiology
centers. For years these centers were very successful in the Northern
California area. Chackerian had a desire to spread these centers to other parts
of the world. As a result of lots of study and research Chackerian became
convinced that TMS (transcranial magnetic stimulation) could have a tremendous
impact on those dealing with depression or other mental illness. Chackerian
beleived that transcranial magnetic stimulation could ultimately become the third
pillar of the psychiatric care,
joining medication and talk therapy. This served as motivation to help him
create and build TMS Solutions.
Outside of his many
business adventures, Ara Chackerian is a man committed to giving back to the
community. During his career he has become well known for his philanthropy efforts. Chackerian worked with many non-profit
organizations that are focused on education and helping young people.
Chackerian is committed to making a difference in his community and around the
Legendary investment professional Wes Edens has made a name for himself due to his incredible concepts in the investment industry and is best known for his major successes with Fortress Investment Group. He is also a huge sports fan and a pro sports owner. In 2014, Wes Edens purchased the NBA’s Bucks and the team has come quite a long way during his ownership tenure. This last season, the team attained a number one seed in the playoffs, a big accomplishment considering where the team came from before Wes’s purchase. This really isn’t a surprise considering how successful Wes has been with pretty much every endeavour he has involved himself in. He currently has a net worth in excess of $1.6 billion and the story of how he got to that point is fascinating.
1987 was a major year in the career of Wes Edens. It was during that time period that he landed a job with Lehman Brothers. He continued with the firm in the role of Managing Director from 1987 until 1993. This was a truly formative experience for Wes due to the wealth of knowledge that he attained in this job. His success with Lehman Brothers led to Wes joining the investment firm known as BlackRock. While at the firm he became a partner and served in the capacity of Managing Director. He continued with the firm until 1997 and it was then that he launched into the business move that he is most well-known for.
The year following his exit from BlackRock was the year that Wes Edens was involved in the formation of Fortress Investment Group. Along with his co-founders of Randal Nardone and Rob Kauffman, Wes helped to create one of the most respected institutions in the global investment industry and a company that has had many banner moments over the course of its history. 2007 was a huge year at Fortress due to the company putting up its IPO. 2017 was another major accomplishment for Wes and the Fortress team when the company joined the SoftBank family of companies. These landmark achievements have all helped him to accumulate the impressive net worth that he currently enjoys.
The sweet wine from Hungary’s Grand Tokaj may have just recently been introduced to the hundreds of millions of customers that use e-commerce giant JD.com, but it has already gained an impressive following. Jingdong is known for being able to bring their customers exciting choices when it comes to imported goods which is why they are one of the most popular retailers for alcoholic beverages throughout all of China. The retailer is honored that Grand Tokaj chose to allow their company to market its fine sweet wine that has gained a reputation for quality in the country that it is produced in. They have been bringing global brands to the Chinese market and they have a lot to show for it as demand continues to increase for imported alcoholic beverages.
The Chief Executive Officer of Grand Tokaj is happy about the opportunities that they have with the Chinese consumer base through JD.com. He has stated that he believes that the introduction to the market has been ideal as they are able to introduce Chinese consumers to the history and quality of Hungarian wine. In addition, the customer service that is offered by Jingdong is considered to be some of the best in China and Grand Tokaj wants their customers to be happy about their purchase from purchase until the last drop in the bottle. They put a great deal of care into making their wine and are happy that JD.com puts such a great deal of care into the happiness of their customers.
While Jingdong is known for being an e-commerce giant, its offline options are continuing to increase over the years. The brands who have sold their imported alcoholic beverages through JD.com have been happy with their holistic marketing solutions which include many different channels to advertise their product and educate consumers about what they have to offer. When Jingdong launched Rémy Cointreau Group on their site in 2017, they used a lot of consumer research in order to figure out the best way to market it to their consumers. This included offering a smaller bottle of cognac based on behavior analysis of their customers.