Scandinavian Tobacco Group : My Ignition : Iris
Scandinavian Tobacco Group : My Ignition : Iris
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489 procurement , the company defined six main principles to ensure its ongoing competitiveness : securing supply , maintaining business continuity , simplicity , improving margins , improving networks and realising targets . By standardising its processes in this way , STG was able to increase the transparency of its operations and better measure if it was adhering to its own goals .
In order for STG to achieve its goals , a strong collaboration with stakeholders and vendors to ensure that they share a common vision , goal and strategy is vital . One such vendor that
STG shares a particularly strong relationship with is Quality Importers ( QI ). A Florida-based company specialising in cigar storage and packaging , QI provides first-class service to STG and is considered one of STG ’ s most reliable and trusted partners .
During the first quarter of 2020 , STG delivered net sales of DKK 1,791 million , organic net sales growth of 5 %. The first quarter 2020 includes Agio Cigars , which was acquired on January 2 , 2020 . The quarter showcased positive organic growth in net sales across all four commercial divisions with
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