Markel Food Group
Former Vice President at Markel Food Group
inpractise.com/articles/markel-as-an-owner-and-the-structure-of-markel-food-group
Partner Interview
Published on May 23, 2023
Markel Food Group(May 23, 2023)
00:00
00:00
Sign up to listen to the full interview and hundreds more.
Share:
Executive Bio
Former Vice President at Markel Food Group
The expert has 25 years of experience developing businesses in the food and beverage industry, with a focus on Latin America. His roles involved leading a $120 MM business that serves the food and feed industry and was responsible for a $150MM chocolate and compound business in North Latin America.
Interview Transcript
... (transcript preview, sign up to read more) ...
Could you explain the problem you're solving for the customer?
... (transcript preview, sign up to read more) ...
Automated equipment standardizes products, whereas semi-automated or manual processes can lead to variations that the market may or may not accept. As Latin American consumers look for higher-end products, they seek standardization.
... (transcript preview, sign up to read more) ...
Could you explain the problem you're solving for the customer?
... (transcript preview, sign up to read more) ...
Traditionally, in the States and Europe, supermarkets may account for 80% to 85% of grocery sales, in Latin America, depending on the country, it was more around 40% to 45% of the market.
... (transcript preview, sign up to read more) ...
Got it.
... (transcript preview, sign up to read more) ...
In a manual process, to make 3,000 loaves per hour, you might need 20 or 25 people. In an automated process, you only need three or four.
... (transcript preview, sign up to read more) ...
Sign up to read the full interview and hundreds more.
