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Xnyaundi blog: HOW BIDCO MANAGED TO WIPE OFF UNILEVER FROM THE MANUFACTURING INDUSTRY

Xnyaundi blog: HOW BIDCO MANAGED TO WIPE OFF UNILEVER FROM THE MANUFACTURING INDUSTRY

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» » HOW BIDCO MANAGED TO WIPE OFF UNILEVER FROM THE MANUFACTURING INDUSTRY



On every Kenyan supermarket, wholesale, retail shop and Kiosks is a BIDCO product.



BIDCO AFRICA LOGO
 Having made his way to the manufacturing industry in 1985 after setting up a small soap manufacturing business, Vimal Shah had a hard time to sell his product to Kenyan shops since they were unfamiliar with it. But he did not give up vimal Shah was determined and delivered his product to shopkeepers and would only be paid after they sold their products.


VIMAL SHAH
Shah’s determination was so high that by the end of the 20th century he was wiping of Unilever out of the market that it forced Unilever to sell some of their products to BIDCO. But how exactly did Vimal Shah able to wipe of Unilever from the Oil and soap market in Kenya.  Professor Mwangulu who was a board member at the time BIDCO was taking over the soap and oil business gives us an account on what happened.


It was not an easy task it can be described as a Kenyan story of David and Goliath . Unilever was a well-established company that was enjoying monopolistic joy at the time BIDCO made its debut. All Kenyan households used Unilever products and we well trusted despite of their prices. Those who were privileged and could afford margarine at that time can give an account of when Blueband was blueband. Shah however took the risk and injected a new brand of products into the society that was only dominated by one brand. He first began with soap manufacturing before later on venturing into oil manufacturing in 1991.


Having pursued a Bachelor in Business Adminstration and Finance Shah had an added advantage in running the company. Mr Mwangulu describes Shah as a man of wits and Charisma. He was tough and called all unit managers and would give them targets which seemed impossible to achieve but they surely achieved them. He created self-esteem and self trust among individuals. This went on until later 1998 and its fruits yielded after he was able to successfully acquire Unga Limited’s  long time trusted product Elianto Oil. Mr. Mwangulu says Shah described this as only the beginning and with no doubt his presence was now felt and was about to take root.


In the turn of a new century the BIDCO genius Shah came up with a new idea that was to bring a change and take over the manufacturing industry from their predecessors who had reigned for the better part of the previous century.


Mr. Mwangulu says Shah came up with a brain triggering idea that led to the rise of BIDCO. He ordered for a regular board meetings and in each board meeting the board members were supposed to come up with an idea that would market BIDCO out of more than ten board members each of them was required to have a unique idea and you could not repeat or rephrase what the another member had suggested this ideas would then be discussed polished and implemented. This trend went on for years and like a phoenix BIDCO rose. Evidently seen in 2002 when they acquired Unilever’s leading brands Kimbo and Cowboy into their  stable.


In 2005 the group expanded and opened BIDCO Uganda limited complex in Jinja Uganda.


Mr. Mwangulu describes BIDCO as Vimal Shah’s brains and as long as he is in there the company will continue to expand.


If you liked our todays article don’t forget to like the post and leave a comment join us tomorrow as we reveal an interesting story of who set up PLO Lumumba when he was the EACC boss.
 Till next time Adios

About Unknown

Nyaundi is an investigative blogger and Political Commentator who has an interest in all things controversial. contact nyaundilewis@gmail.com .
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