Our Focus & Strategy

Focus

Trifast has a broad range of capabilities and operates under three focused areas:

• Manufacturing, predominantly in Asia
• OEM distribution and Vendor Managed Inventory
• TR Branded Products

This clearer and more distinct identity to the business provides more flexibility.

Recovery Strategy: "Phase 1" - Delivered

Create three distinct business divisions: - Branded Products (Global) - Transactional & Supply Chain Sales (Global) - Manufacturing & “Factory to Factory” (Asia)	Done
Re-establish global sales team & target > £500k pa (product spend) multinationals	In place: multiple wins secured after none for two years
Major trading alliances being developed with same sector players	On-going
India, Vietnam and China to receive major sales focus	Done with on-going support from Singapore
Category ‘C’ items to be sourced through our Chinese office	In process 2010
UK sales structure now directly linked to the two regional business hubs	Operational efficiencies to be yielded going forward

The year ahead

“Investing in Processes & Expertise…”

• Champion Transactional sales
• Move to centralise vendor management, purchasing & sourcing
• Group marketing and IT initiatives to support TR
• Q2 2010
  • Roll out on-going cost-efficiency programme within UK
  • Focus on retaining key skills
  • Warehousing & operations integration in Northern Europe in process
  • “Centres of excellence” established in Holland and the UK
• TR Asia Group
  • Capital expenditure approved to support growth
  • Provides a key USP to TR’s market positioning
  • Actively supporting Europe and US to build TR’s penetration

The TR leadership team is highly motivated and determined to:

• drive and develop the Group’s strategic objectives
• maintain regular dialogue and communications with the TR teams to help stimulate working partnerships and ultimately this will be reflected in both TR’s commercial and financial performances, and
• rebuild shareholder value and respect by restoring confidence in delivering sustainable profit growth