OSI group has recently been aggressive in its expansion thanks to an increase in business and the need to reach untapped markets. In 2016, for instance, OSI Industries took over a warehouse and food processing facility in Chicago, formerly owned by Tyson Foods. The location was perfect for the company not only because it was spacious enough but also its proximity to yet another OSI property. With this purchase, the company got the chance to penetrate new markets and expand its business and sales even more. The management saw the need to buy the facility just next to their other property since this is an advantageous move in the food processing industry.
For one, it ensures a seamless transfer of equipment, technology and employees between the two facilities as need arises. This, in turn, helps improve efficiency and output without necessarily incurring other extra costs. Finally, the move also ensures that the company can shift workload much easily between the two plants while keeping to the schedules on shipping to consumers around the world. OSI Industries understand too well that the needs of their customers keep changing with time. As such, they need to remain dynamic and versatile to conform to these needs as they arise. By bringing in the new, spacious facility, the company was asserting its authority that it was ready for change and can handle the rapid expansion of its business. Despite the notable accelerated expansion from OSI Industries, the company has stayed true to its roots.
They have remained committed to operating just like the local company it was during its inception in various ways. For instance, they have never changed their main headquarters since inception. Having expanded to new territories like Europe, the US and China, OSI Industries ought to act as a global company. They can do this by ensuring that they conform to the business approaches, practices and management styles of their new markets. In its bid to keep its local touch, however, the company ensures that it includes employees from their local facilities in order to help carry on with the company’s culture while at the same time considering the traditions and cultures of the new market.