EUROPE
Tata Group , since its inception in 1868 , has become one of India ’ s largest multinational conglomerate holding companies , ever-developing founder Jamsetji Tata ’ s 148-year-old vision . Tata Global Beverages has been a part of the group since 1960 , and has seen some of the industry ’ s most significant drink innovations within its company umbrella .
Global Beverages is a tea , coffee , and water company , which counts Tata Tea , Tetley , Teapigs , and Eight O ’ Clock Coffee as some of its biggest brands . Around 250 million servings of its products are consumed every day , with a strong brand presence in over 40 countries . Simon King , CPO of Tata Global Beverages , describes the impact of huge global trademarks such as these : “ Tata Tea is enormous in India , as is Tetley in the UK and Canada . We have joint ventures in the US and in South Africa . Business in the Middle East is growing quite rapidly . It ’ s grown largely by acquisition over a period of years , and total revenues are about $ 1.5 billion including joint ventures .”
Each brand within Tata Group operates independently , and Global Beverages is currently undergoing a procurement transformation headed by King himself : “ Previously , each of the brands in each of the countries had looked after their own packagingbuying under each of the individual functions within them . We ’ re now setting up the global procurement approach so we can look at how we deliver improved value to Global Beverages by working with fewer , better suppliers . Now we ’ re only interacting with suppliers who are able to support our business objectives and growth plans , rather
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