FoodScope
Scope
  • Identify best markets for your Foodservice Equipment product lines. 
  • Identify best new products to build your product line. 
  • Identify key strengths and weaknesses in your company and recommend a directive strategy.
Process
  • Review key in-house market and product information. 
  • Research key competitors. 
  • Interview key reps, distributors, and customers.
Deliverables
  • Fact Book of key information on your products and markets. 
  • Management training. 
  • Top management buy-in to new strategies.
Results
  • Management team gains confidence and credibility to make bold strategic initiatives. 
  • New market opportunities = Steady increase in sales and profitability.
  • FoodScope delivers Innovation and Vision in Strategic Thinking in the Foodservice Equipment industry.  
Innovation
  • Understand the "full scope" of opportunities in the foodservice market. 
  • Become "market-driven." Adopt a market-based approach to your customers.
Vision
  • Management team empowered with better information and better decision-making capabilities. 
  • Difficult trade issues successfully resolved by your management team. 
  • New product and market opportunities clearly identified. Top management provides resources to exploit these opportunities.
Representative FoodScope Engagement
  • Opportunity Definition Study for an international manufacturer and dispenser specialist for commercial markets. 
Scope and Objectives
Provide a clear definition of opportunities in the Foodservice Equipment market. 
  • Develop a strategic context for understanding the forces framing the market opportunities. 
  • Recommend strategies to build brand image and awareness.
  • Identify joint venture and acquisition candidates. 
Process
Opportunity Definition Study involved:
  • Establishing a methodology for understanding the impact of market segments, geography, product life cycle, and competitive strengths and weaknesses. 
  • Educating and training the management team to use market information effectively in strategic planning.
Project duration
  • 7 months
Results
Opportunity Definition Study gave management a set of priorities and directions for building the business. Managers at all levels operate with a clearer understanding of the opportunities and challenges that face their business. Management gained confidence in decision-making related to market and product line issues. 

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