Without a doubt, expanding a business into the universal and international market is not that simple. While it is essential and critical for companies that aspire to reach out to other foreign markets, it takes tremendous energy, resources, and peace amidst chaos for a business to find its way to other international markets because of the ever-transitioning industries. Nevertheless, there are a few basic strategies that a company can incorporate for it to excel through global expansion. Notwithstanding, there are good examples of such companies and OSI Industries seems like the best example in this case.
The Foundation of OSI Industries
Otto Kolschowsky and his sons established OSI Group. Back then, the firm went by the name of Otto & Sons. It was just a small local supplier of meat-based products fully managed by a family. Moreover, the company had a few meat processors that could adequately serve the locals. However, at some point, Otto and his sons received a considerable number of local purchasing orders from within the city of Chicago where they were situated. Following the rising domestic purchase orders, Otto found it necessary to hire more team players. Team players within an organization come in handy since an organization’s strength is determined by the coordination within the administration.
Growth and Development
Because Otto & Sons proved to be effective suppliers of freshly ground beef, McDonald’s decided to contact them for a supply business. From the moment onwards, the company scaled up the ladder of service provision by supplying clients with precisely what they needed. Within a few years of service, Otto Kolschowsky retired, leaving his sons in charge. However, McDonald’s was expanding at a remarkable rate, and Otto & Sons had to come up with innovative ways to supply freshly ground beef over long distances. Nevertheless, a solution came about during the 1960’s. The solution entailed preservation of food through the use of liquid nitrogen. Through the use of liquid nitrogen, Otto & Sons were now able to preserve the meat products and supply the same product over long distances. Moreover, the breakthrough also helped Otto & Sons to save on the various costs that they were incurring from time, hence, they were able to make more substantial profits.
The success of OSI Industries is majorly attributed to the excellent client relations, innovation and the grand leadership strategies implemented by the sons of Otto Kolschowsky. Since McDonald’s was reaching out to other parts of the state, Otto & Sons also had to embrace change in order to maintain the relationship with McDonald’s regarding the supply of fresh products. When a breakthrough came about, Otto & Sons spread their wings, and they launched outlets in other regions. As of today, the enterprise is known as OSI industries, a renowned food provider worldwide.
About OSI Industries : www.mapquest.com/us/iowa/osi-industries-llc-6772346