Annual Integrated Report 2019

bodies, Bidfood Australasia has continually advanced relationships with stakeholders at every level of the foodservice industry. All of the Bidfood depots are multi- temperature facilities with HACCP accredited food safety programmes. The trucks that make up the delivery eet are portioned to ambient, chilled and frozen products ensuring integrity throughout the supply chain. We have a large distribution network and it is easy for us to get our branches to take on new lines. Bidfood Australia made signi cant budgeted investments into depots of A$69 million in 2019. Investing into new depots in Tasmania, Victoria and Queensland. A further A$8,8 million was invested to maintain the quality of the eet. Bidfood NZ capex investment was NZ$42 million in 2019, driven mainly by the investment in new depots, and depot upgrades. The two meat processing depots are bene ting from the investment in Own brand 15% of 2019 divisional revenue Bidfood Australia’s cheese manufacturing plant (slicing & dicing) made a good profit, this is just product sold via the Bidfood Foodservice channel. additional capacity and more ef cient machinery, which have allowed them to increase volumes and reduce costs. With state of the art multi-temperature warehouses strategically located across both countries, Bidfood has access to all major national and many international brands, customers and growing opportunities. We want to make sure that our customers get prompt deliveries. If they order from us when they nish at night, they should get their delivery early the next morning, and if they order in the morning, they get it that afternoon. That’s what we do across multiple temperature zones and lots of different products. At the cornerstone of any business, is the strength of the relationships it fosters. From customers and suppliers through to industry In 2000, Smart Choice was launched in New Zealand with Premium Bakers Flour. Now it’s our biggest, most trusted brand. There are over 350 products ranging from sugar, our and eggs to mouth-watering desserts and nger food. 38% 25% 32% 5% Product portfolio 2019 ● Frozen ● Chilled ● Ambient ● Non-food Ecommerce platform sales 58% 2018: 52% An industry-leading online ordering facility, myBidfood, is the most advanced and extensive online ordering facility in the industry. MyBidfood allows you to easily and quickly order everything Bidfood. The Bidfood difference 8% Customers (#) 45 599 2018: 42 106 Customer mix ● Independent ● Chain ● Logistics ● Retail and other 74% 13% 9% 4% 2019 Product SKUs (#) 97 747 6% 2018: 91 925 5% Suppliers (#) 3 711 2018: 3 532 Liquor is being rolled out following the Festival acquisition in Bidfood Australia. Smart Choice shoulder bacon won the gold medal at the NZ Bacon and Ham awards Technology is key to providing efficient service to our customers Smart Choice Scone Mix, Bidfood New Zealand. Hardware* R14,2m Software R20,9m R35,1m 52% Investment in IT * Hardware includes IT and of ce equipment. Bid Corporation Limited Annual integrated report 2019 / 33 Divisional review