We established
ourselves in Jakarta, we
chose to work in an
industrial area in the city
center. For those of you who
have visited Jakarta
recently, experiencing the
heavy traffic, we understand
that it's time for us to
move away from the capital.
We have fortunately found a
very nice plot of land, 40km
from the city in a
Japanese-owned industrial
park.
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BREAKING GROUND AT OUR NEW
CINNAMON FACTORY !
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Ten years
ago, when we established
ourselves in Jakarta, we
chose to work in an
industrial area in the city
center. For those of you who
have visited Jakarta
recently, experiencing the
heavy traffic, we understand
that it's time for us to
move away from the capital.
We have fortunately found a
very nice plot of land, 40km
from the city in a
Japanese-owned industrial
park.
Last week we had the
official ground breaking
ceremony, and our Korean
contractor is estimating
that the factory will be
done by June. The
configuration of this new
facility will allow us to
increase productivity,
provide a better guarantee
of food safety and security
while working in better
conditions.
So, to sum things up: a
French-owned company,
operating in Indonesia,
using a Korean contractor,
in a Japanese industrial
park. Can’t be more
international than that.
- Francois Bernard
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CINNAMON UPDATE
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Just a
quick update to inform that
after a very busy end of
2010, with raw material
prices soaring to all new
highs, the market seems to
finally be relaxing a bit.
We are witnessing a
stabilization probably due
to easing demand from the
Padang shippers who stopped
buying when they felt prices
were too “hot”. Prices
should remain stable during
the next few months, and
when we might even see the
prices begin to drop toward
the summer. We will keep you
posted.
–Olivier
Bernard
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INDONESIAN ECONOMY : RECAP
2010 AND OUTLOOK 2011
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Indonesia has
clearly
benefited from
the recovery of
the global
economy which
began during the
fourth quarter
of 2009. The
good performance
of regional
economic giants
such as China
and India has
trickled down to
their economic
partners,
including
Indonesia.
Real Growth
Domestic Product
(GDP) grew 6 %
in 2010 (up from
4.6 % in 2009)
and is expect to
reach 6.3 % in
2011.
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The local
currency has
been very
solid in
2010 with
the central
bank (Bank
Indonesia)
intervening
many times
to prevent
it from
appreciating
too much and
hurting
exports. The
year end
US$/Rupiah
exchange
rate was
9,014(when
average rate
throughout
2009 was
10,400) –
the
strengthening
of the
Rupiah has
contributed
to the $
price
increase of
our spices.
When most
industrialized
countries
(USA,
France,
Japan ,…..)
keep
accumulating
debt,
Indonesia
managed to
reduce its
external
debt: from
32% of GDP
in 2009 to
27.1 % in
2010.
All these
positive
economic
signs
combined
with a
political
stability
have drawn
many
investors. A
clear sign
of this
phenomenon
is the
demand for
industrial
land in the
Jakarta
periphery.
Main foreign
investors
are Asian
(Korea,
China and
Japan). So
overall,
indicators
seem to be
hinting at a
good 2011
(year of the
Rabbit in
the Chinese
horoscope).
-Olivier
Bernard
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TRIPPER NEWSLETTER/Issue 7/January
2011/Pg1 of 2
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UNIVERSAL PACKAGING
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The world is becoming one
large dynamic market place in which sellers and buyers need to
move rapidly, without compromising on quality and price. That is
why Tripper started to change all its products to universal
packaging.
We recognize it will be a mild shock to let go of ‘the good old’
50 Lb/Cs. Between now and April we will change all our products
to 55 Lb/25 Kg per case to be able to serve customers anywhere
in the world from a standardized production process and
universal inventory.
The main objective is to ship less “air”. Currently, between 2
and 6 inch (5 and 15 cm) of a case is empty. We developed three
standard cases. Depending on specific density of the product we
chose the box that has the least “air”.
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In this way, we save carton, and can ship
more per container. The benefit for the environment is
obvious: “lower carbon footprint”.
Especially for customers who buy FCL, this will be an
interesting saving. Depending on where you are and whether
you require FCL20 or FCL40, it can reduce your freight costs
between 300 and 600 dollar on a CFR shipment.
- Herald Voorneveld
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"A PICTURE CAN TELL A THOUSAND WORDS"
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In 2010, Tripper Group established a
performance monitoring system, that we all know well, as a Key
Performance Indicator (KPI).
Tripper Group adopted a "balance score-card" theory with our KPI
measurement, which include different perspective angles as
follows:
1) Financial: "How do we look to shareholders?"
2) Customer: "How do customers see us?"
3) Internal Business Process: "What must we excel at?"
4) Learning & Growth: "How can we continue to improve and
create value?"
The emoticon pictures, that you see just in front of our
entrance, are supposed to represent how we feel as a Group on
monthly basis.
The five emoticon pictures are... crying (terrible), sad (bad),
straight face (average), smiling (good) and laughing (great).
On average in 2010, Tripper Group showed positive "SMILING"
emoticon results. This meant that Tripper Group was able to give
good performance results from the above four perspectives in
2010.
-Albert Putra
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"GINGERVILLE"
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In closing 2010, we finally
managed to use a small plot of land next to our factory in Bali
for “Ginger Ville”, as part of our Research & Development
Program. With almost all our employees joining in the fun
activity, we planted lots of Ginger in poly-bags, we hope it can
be harvested within the next 7 months. The aim of this program
was to be able to harvest ginger-poly-bag and then process it,
moreover, studying its growth cycle. We expect to have good
result next year’s harvest, and hope we can plant other spices
very soon.
–Meidy Vidiayani
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TRIPPER NEWSLETTER/Issue 7/January 2011/Pg2 of 2
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