| Ambient products |
|
|
Products can be stored at room temperature |
| Bakery segment |
|
|
Segment of the group which manufactures and distributes baking ingredients and equipment |
| B-BBEE |
|
|
Broad-based black economic empowerment |
| BBS |
|
|
Bidvest Bakery Solutions (Pty) Ltd – a company registered in South Africa |
| BFA |
|
|
Bidvest Food Africa (Pty) Ltd – a company registered in South Africa |
| BFE |
|
|
Bidvest Food Exports (Pty) Ltd – a company registered in South Africa |
| BFI |
|
|
Bidvest Food Ingredients (Pty) Ltd – a company registered in South Africa |
| BFS (UK) |
|
|
Bidvest Foodservice UK – a company registered in United Kingdom |
| BFS |
|
|
Bidvest Foodservice (Pty) Ltd – a company registered in South Africa |
| BID |
|
|
Share code for Bidcorp on the JSE |
| Bidcorp |
|
|
Bid Corporation Limited – a company registered in South Africa |
| Bidvest |
|
|
The Bidvest Group Limited – a company registered in South Africa |
| BPC |
|
|
Bidcorp procurement company – Global procurement company sourcing product for Bidcorp from within Asia |
| Brexit |
|
|
Withdrawal of the United Kingdom from the European Union |
| Catering sector |
|
|
A broad service category that provides food service at a remote site or a site at a hotel, care home, office building etc |
| Centre-of-plate |
|
|
Current meal trends consumers are pursuing either portable and convenient or fresh and customised |
| Chilled products |
|
|
Food that is stored at refrigeration temperatures |
| Contract distribution |
|
|
Entire order delivered on one truck with freedom to select products, regular timed deliveries |
| DAC |
|
|
Distribuzione Alimentari Convivenze SPA – catering and food distribution company in Italy |
| DC |
|
|
Distribution Centre |
| Direct |
|
|
Online system for product management and online trading |
| Direct-to-customer |
|
|
A business model adopted designed to sell online products direct to customers |
| DSM |
|
|
Demand-side management |
| EMS |
|
|
Environmental management system |
| Foodservice sector |
|
|
The business of being a delivered wholesaler of a broad multi-temperature product range to the Catering and Hospitality sectors |
| Four geographic divisions |
|
|
Australasia, UK, Europe and Emerging Markets (see pages 22 to 29) |
| Free trade, street trade or independent |
|
|
Independent customers not part of a large conglomerate or holding entity, usually owner managed high-end restaurants |
| Fresh products/produce |
|
|
Fresh produce (fruits and vegetables), meat, fish or poultry |
| Fresh segment |
|
|
A segment of the Foodservice sector that supplies fresh products to the Catering and Hospitality sectors |
| Frozen Products |
|
|
Prepared fresh product, packaged and frozen for distribution |
| Group/Consolidated |
|
|
Bidcorp and all subsidiaries |
| HORECA |
|
|
A food service distribution channel that includes hotels, restaurants, caterers, cafés and the broader hospitality industry |
| Hospitality sector |
|
|
A broad service category that inter alia provides food service at a hospitality unit such as a restaurant, pub, hotel etc |
| Institutions |
|
|
A food service distribution channel that includes hospitals, schools, care homes, prisons etc |
| Logistics segment |
|
|
A segment of the Foodservice sector that supplies logistic solution to large scale food providers and the QSR trade |
| MoI |
|
|
Memorandum of Incorporation |
| MPD |
|
|
Recent acquisition in Czech Republic |
| Opava |
|
|
City in Czech Republic |
| Out-of-home eating |
|
|
Restaurant and casual dining of meals that were not prepared at home |
| Own brands |
|
|
Brands manufactured by Bidcorp and TM Registered |
| Processing segment |
|
|
A segment of the Foodservice sector which manufactures and distributes processed, semi-processed and prepackaged products |
| QSR |
|
|
Quick service restaurant |
| Repack Products |
|
|
Repacking of bulk containers of whole produce into smaller quantities |
| Retail segment |
|
|
Business which supplies a full-range of products to supermarkets and hypermarkets |
| Route Trade |
|
|
Export of food and non-food items by sea or air and sourcing of products required by customers |
| SLF |
|
|
South Lincs Foodservice, part of Bidcorp UK |
| Sous Vide Products |
|
|
Quality cuts sealed in airtight plastic bags for slow cooking in water baths or in temperature-controlled steam environments |
| Vivas |
|
|
Bidvest Foodservice UK company which supplies and delivers wines |
| Voice picking |
|
|
Accurate and efficient, order picking system implemented in warehouses |
