Food Ingredients Technologies

http://fit-ingredients.com/

the art of blending


Vision and Mission


Who are we?

FiT was founded in 1998 by 3 partners, combining more than 30 years of scientific, commercial and financial experience and expertise in this market segment.

Today FiT is co-managed by

David Landau

Dimitri Van de Voorde

FiT employs 11 people

4 in management

7 workers


Our vision

To invent and distribute high quality food additives and ingredients at the best price.

To become the privileged partner in the development of the products of our customers.


Our mission

We develop and produce custom-made food additives according to the wishes of our customers and in compliance with the strictest IFS standards.

The priorities Fit sets are those of its partners: quality, safety, efficiency, price and above all FLAVOUR.


Our customers


The priority markets

To fully understand the needs of our customers, we have adopted a niche strategy which has led us to specialize in the following domains:

The Meat Industry (processed meat/ready to eat meals)

The Fish Industry

The Sauce Industry, Mayonnaise

The Vegetable Industry

The cakes, biscuits and ice cream Industry

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Trading area

Fit sells everywhere in Europe but mainly in Belgium and the adjacent countries, which gives us still good growth perspectives

Belgium; 65%

France15%

Netherlands; 18%

Other; 2%


Customer structure

FiT works with a stable core group of about 150 customers, of which none represents more than 10% of the total turnover: this leads to real commercial independence.

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Our key processes


Our strengths

Our capacity to meet the specific needs of our customers concerning:

Products

Packaging (from 250 g to 25 kg)

Flexibility: next day on site (on stock), D+5 (production)

A complete offer of the type one stop shop for the additives, herbs and marinades

In line with our customers’ expectations, FiT invests in its key processes.


Quality

In a market segment where the notions of quality and hygiene are of the utmost importance, FiT has obtained the IFS certificate.


Investments

Investment policy

To meet the expectations of the markets, FiT regularly invests in production material

Information system

FiT has its own ERP system at its disposal, allowing it to completely and flexibly manage the production from the order until the invoicing with performance indicators in place.

In the near future, a CRM will be implemented in the company.


Purchases

Independence :

Each year, FiT purchases for approximately 2.000 K€ raw materials with dozens of suppliers, of which approximately ten are key partners without however being predominant.

For each raw material, FiT has several potential suppliers to be able to meet the customers’ expectations without delay.


Purchases

Meeting delivery times :

To meet the customers’ expectations with regard to the delivery times, purchases are closely followed – through ERP.


StocksOptimal stock:

After a phase of stock increase, FiT has implemented managing techniques allowing a stock reduction while assuring an optimal service level.

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Our product ranges

ChopFiT

HamFiT

TasteFiT

RawFiT

FiTArom

FiToGel

MarinaFiT

FiTstarter

SpiceFiT

FishFiT

FreshFiT

FiTColor

FreshFiT Bacterin

BioRed

Bulk products


Learning & Change


Our strengths

To meet the specific needs of our customers, the FiT strategy leads to investments in:

Co-operations with universities

The continuous improvement of products and processes

New product ranges and new products

Ad hoc consultancy


2010 Ready for a new start !


Decision to move to Ghislenghien


Decision to move to Ghislenghien

Luxemburg did not have sufficient space to absorb the production growth

To be closer to the customers

Dynamic policy of the Walloon Region (government aid)

Available workforce

Possibility to extend the production capacity

Orientation of the efforts towards development


Consequences

Purchase of the buildings in 2009

Move in 2010

Start of the production March 2010

Training of new personnel

Rewriting of the quality system AFSCA/IFS


New Investments

Buildings

Machines

Ventilation system

Tool improvement (flours and humidity check)

Momentarily under investigation: extraction and mixes of essential oils


2010, in a nutshell

A year of challenges

Consequential investments

A gloomy economical environment

Selection of the customers with the aim of cash flow

Aim of profitability vs. turnover


2015Opportunities, assets & projects

« The food and drink industry is one of Europe's most important and dynamic

industrial sectors. It is made up of about 310 000 companies, and provides jobs

for more than 4 million people »(European Commission, Entreprise &

Industry)


A market full of opportunities

With a market share of 12.2 %, the food industry is the second largest sector in the manufacturing industry in value added terms; it accounts for 14.5% of total manufacturing turnover (€917 billion for EU27) and 13.7% of employment !

Key figures for the Belgian Market


Our strengths

•Size

•Location

•Active shareholders

•Small is Good

•Heart of Europe

Structures

•Competence

•Flexibility

• In-house

•Partner vs. Customer

•Motivation

Organization

•Quality Control

•Price

•Custom-made

• IFS Quality

•Very Competitive

Products