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Kick off meeting

Kick off meeting. Nungesser trading platform test. Agenda. Back ground What is Nungesser Scope – 3 projects ” Approved by Nungesser according to OFSS” Strategic/commercial risk analysis Trading platform. Back ground.

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Kick off meeting

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  1. Kick off meeting Nungessertrading platform test

  2. Agenda • Back ground • What is Nungesser • Scope – 3 projects • ”Approved by Nungesseraccording to OFSS” • Strategic/commercialriskanalysis • Trading platform

  3. Back ground • For 2,5 yearswe have investigatedNungesser as information source and trading platform • 1,5 yearswe have ”educated” Nungesser in the understandings of OFSS • 0,5 years CBP have made sometrialpurchase and tested parts of Nungesser services and platform

  4. A B C D E F What is Nungesser Thetotal NEX system Growers and producers Logistics provider Karl Muggli AG Information provider Quality Management Processors

  5. OFI Coordinatorgroup/ OFI MT have decided to establishNungesser as a OFI cordinated 3 step project Project mgr. Sofia C Lindgren Project mgr. Mattis Sydhagen Project mgr. Bjarne Lyngsø Project support KineBjørkerot Jakobsen

  6. Project 1 – Sofia “Approved by Nungesser according to OFSS”

  7. How do weworkwhithqualitymgmttowardssoftcommodities • “Approved by Nungesser according to OFSS” Objective: Suppliers comply with oursupplier OFSS= Risk managed Low risk suppliers(assumption) Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier Supplier 1st screening/filter: 2nd screening/”filter”: 3rd screening/”filter”: + Demand specification FSAP – Supplier Self Assessment

  8. When all requirements are fulfilled... • “Approved by Nungesser according to OFSS” 1 2 3 4 - Mercurius Filter - Company Details - Product Details • - Supplier Approval • - Supplier Evaluation • - Demand Specification • - Allergen Questionnaire • - GMO Warranty - Supplier Self Assessment • - Audit according • Orkla Guidelines • embedded traceability • system • - tracking & tracing • - Green lightmeans: Goodscanbetraded. • A violationof a supplier will cause a downgrade • accordingOrklaguidelines.

  9. Project 2 - Mattis Strategic/commercial

  10. As Nungesser is for everybody, we must riskassess the platform • Strategic/ commercial • Nungesser is a member based platform where any B2B company can become member • Meaning our customer can bypass OFI and due the commodity business themselves • We have to assess this risk with angles of both strategic and commercial perspective

  11. Project 3 – Bjarne and you Trading platform

  12. Tradingplatform – weneed to test and document findings oncompetitivenessoftheNungesser service Hypothesis: Nungesserwillprovideuswithbetterpricesoncommoditiescompared to both spot purchases and longer contracts • Tests will be run according to existing purchasing strategies • Long contracts – Nordic, Benelux • Spot purchases – EEC companies • Actual purchases may be made through Nungesser or the regular suppliers • CBP commits to buying though Nungesser in order to test the deliveries • Test to be run for the reminder of 2012 • Preliminary results can be extracted during the test period • Trading platform

  13. CBP will test Nungesser´s ability to deliver in all practical pruchase asspect • Ability to provide • Competitive prices • Delivery on time • Documentation in relation to quality and delivery • Liability and handling of claims, recall, traceability • Etc.... • Trading platform

  14. We kindly ask you contribute by monitoring your purchase prices versus Nungesser spot prices on selected commodities • Trading platform

  15. Next step • Kine will provide you with tools/templates for price monitoring • CBP will start up purchasing via Nungesser • User support for Nungesser.com • Light support Bjarne • Detailed support franz.kern@nungesser.com • We will ask you frequetly for price template • Thank you for support • Trading platform

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