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This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent. Securing Consumer Safety and Brand Reputation In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14 th 2019 - Amsterdam

Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

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Page 1: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Securing Consumer Safety and Brand ReputationIn a Global Food Scenario

Salvatore RanchettiFerrero Group Quality Senior Director

May 14th 2019 - Amsterdam

Page 2: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Page 3: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

The Quality Journey from Expected to Excellence

CONSUMER Safety

Legal COMPLIANCE

Product COMPLIANCE

CONSUMER Satisfaction

Page 4: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Mystic importance of food

Intimate relationship with

food, which we assume

and assimilate in our body

Page 5: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Leading Choco Confectionery Company

Being BIG means

being watched!

Page 6: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Premium price Offering a high

value, in line with

price positioning

But offering a

high value

Asking for a

premium

price

Page 7: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Rollout of Existing Products to a Global Scale

Leaving our comfort zone and

becoming a global player.

We were just speaking

to Valeria

Now also to

Jiaying, Saarah, Ishana, Akari, Alejandra

Page 8: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Product innovation for mature, high

competitive markets

Fast Track to reduce Time To Market

Risk and Reward balance

Page 9: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Portfolio enlargement to new categories

New category

New competitors,

New consumers,

New trade buyers,

New business model

Page 10: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Acquisition of competitors

With their own brands, plants and cultures

Page 11: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

World is a small village

Opinions and information travel instantaneously

any physical distance, crossing any national border

Page 12: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

One Quality System homogenous across geographies and coherent along the value chain

Group Quality Department established in 2013

One Quality started in 2016

Direct Report to CEO from Sept. 2017

Page 13: Securing Consumer Safety and Brand Reputation In a Global Food … · 2019. 5. 14. · In a Global Food Scenario Salvatore Ranchetti Ferrero Group Quality Senior Director May 14th

This document must be disclosed only to authorized individuals. Any reproduction and/or disclosure must be subject to information Owner prior consent.

Quality is never an Accident

It is always the result of Intelligent Effort

John Ruskin - 1894