DealMonkey
Lifer
- Nov 25, 2001
- 13,136
- 1
- 0
I don't think anyone's answered these questions yet:
(A) How much control over Heinz day-to-day ops does Kerry and his wife have?
(B) What's the story with the overseas factories? Meaning, did they purposely locate them there or did they come into ownership through some roundabout means?
I do know that Best Foods used to ship some of their product to their overseas factories to be relabled for overseas consumption. An expensive proposition particularly when the dollar was strong and you factor in ocean shipping costs. These foodstuff companies often have an extensive network of factories in overseas countries, however their primary function was to crank out food for their host country not to resell the food back to the U.S. I'm sure as time wore on, more and more of the product would be made in the overseas location rather than shipped over there and relabeled.
I don't know if this is considered true outsourcing or not.
(A) How much control over Heinz day-to-day ops does Kerry and his wife have?
(B) What's the story with the overseas factories? Meaning, did they purposely locate them there or did they come into ownership through some roundabout means?
I do know that Best Foods used to ship some of their product to their overseas factories to be relabled for overseas consumption. An expensive proposition particularly when the dollar was strong and you factor in ocean shipping costs. These foodstuff companies often have an extensive network of factories in overseas countries, however their primary function was to crank out food for their host country not to resell the food back to the U.S. I'm sure as time wore on, more and more of the product would be made in the overseas location rather than shipped over there and relabeled.
I don't know if this is considered true outsourcing or not.
