InvestorsHub Logo
Followers 14
Posts 346
Boards Moderated 0
Alias Born 07/19/2012

Re: MoneyWorksForMe post# 57074

Tuesday, 10/31/2017 4:36:59 PM

Tuesday, October 31, 2017 4:36:59 PM

Post# of 71017
SODEXO's 3 year program to integrate SME(Small to medium sized enterprises) into their supply chains:

http://www.sodexousa.com/home/media/news-releases/newsListArea/news-releases/sodexo-recognized-at-2014-clinto.html

Key highlights:
- Sodexo’s Commitment to Action to invest $1 billion in 5,000 small to medium size businesses is projected to generate more than 250,000 jobs over the next three years. (from Sep 2014 news)
- Step 1: The first year of the Commitment to Action will focus on developing local supply chain inclusion program guidelines, including incentives for supply management teams to engage with SMEs, enhanced tracking of SME sourcing and the development of tools and resources along with guidance on streamlining the integration of SMEs into the Sodexo supply chain.
- Step 2: During the second year of Sodexo’s Commitment to Action it will create SME supplier training resources for deployment. The deployment of tools and resources will augment existing programs in 26 countries. It will begin to embed new standard operating procedures that include all the necessary elements for a successful SME program.
- Step 3: Finally in the third year, the new SME program will roll out to 14 additional countries where Sodexo operates.

NAU EAT program is proof that SODEXO deployed it's first eatery with ABVG (Village Tea Company) - can we say SODEXO has completed step #2 with ABVG???

A big company like SODEXO spent 2 years or more with a small OTC company (ABVG / Village Tea company), and entrusted ABVG leadership to lead the EAT program at NAU with all Village Tea Products, Undone Chocolate products and JAWEA ice cream products. A lot of due diligence might have gone into this partnership with ABVG
SODEXO operates in more than 1000 colleges and universities in US. It's just a matter of time before SODEXO announces the news of expanding this partnership with ABVG (Village Tea Company) to other campuses in US & beyond. ABVG $$$$