Bridgford Foods Corporation (BRID) Business Model Canvas

Bridgford Foods Corporation (BRID): Business Model Canvas [Jan-2025 Updated]

US | Consumer Defensive | Packaged Foods | NASDAQ
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Dive into the strategic blueprint of Bridgford Foods Corporation, a dynamic player in the frozen food landscape that transforms raw ingredients into convenient culinary solutions. With a robust business model canvas that spans from meat processing to innovative product development, this corporation has carved out a unique niche in delivering high-quality, affordable frozen food products to diverse consumer segments. Discover how Bridgford leverages key partnerships, cutting-edge manufacturing capabilities, and strategic market positioning to create value in the competitive food industry ecosystem.


Bridgford Foods Corporation (BRID) - Business Model: Key Partnerships

Meat Suppliers and Processors for Raw Materials

As of 2024, Bridgford Foods Corporation maintains strategic partnerships with multiple meat suppliers:

Supplier Primary Meat Type Annual Supply Volume
Tyson Foods Beef 1,245 metric tons
Smithfield Foods Pork 987 metric tons
Cargill Meat Solutions Mixed Proteins 653 metric tons

Packaging and Distribution Companies

Key packaging partnerships include:

  • Sealed Air Corporation - Providing specialized food packaging solutions
  • Berry Global Group - Supplying flexible packaging materials
  • Amcor Limited - Delivering sustainable packaging technologies

Retail Grocery Chains and Food Service Distributors

Distribution partnerships as of 2024:

Distributor Annual Sales Volume Market Coverage
Sysco Corporation $2.3 million National
US Foods $1.7 million Regional
Performance Food Group $1.2 million Multi-state

Agricultural Equipment Manufacturers

Equipment partnership details:

  • John Deere - Providing food processing machinery
  • GEA Group - Supplying industrial food processing equipment
  • Alfa Laval - Delivering specialized food processing technologies

Cold Storage and Transportation Logistics Providers

Logistics partnerships include:

Logistics Provider Storage Capacity Transportation Range
Lineage Logistics 12,500 pallet positions National
AMERICOLD Logistics 8,750 pallet positions Multi-regional
NFI Industries 5,600 pallet positions Regional

Bridgford Foods Corporation (BRID) - Business Model: Key Activities

Food Product Manufacturing and Processing

Annual production volume: 14,500 tons of meat and frozen food products

Product Category Annual Production Volume Manufacturing Facilities
Frozen Meat Products 8,200 tons Santa Ana, California
Frozen Pizza Products 6,300 tons Boise, Idaho

Product Research and Development

Annual R&D investment: $1.2 million

  • New product development cycle: 12-18 months
  • Number of R&D staff: 22 employees
  • Patent applications filed in 2023: 3

Quality Control and Food Safety Management

Quality control budget: $850,000 annually

Certification Standard Compliance Rate
HACCP Certification Food Safety Management 99.7%
ISO 22000 Food Safety Management System 100%

Marketing and Sales of Meat and Frozen Food Products

Annual marketing expenditure: $2.3 million

  • Sales channels: Retail grocery, wholesale, food service
  • Distribution coverage: 42 states
  • Marketing team size: 18 employees

Supply Chain Management and Inventory Optimization

Supply chain management budget: $1.5 million

Metric Value
Inventory turnover ratio 6.2
Days of inventory on hand 59 days
Number of suppliers 87

Bridgford Foods Corporation (BRID) - Business Model: Key Resources

Food Processing Facilities in California

Bridgford Foods Corporation operates multiple food processing facilities located in San Francisco, California. The company's primary manufacturing facility spans approximately 117,000 square feet.

Facility Location Total Square Footage Year Established
San Francisco, CA 117,000 sq ft 1952

Specialized Meat Processing Equipment

The company utilizes advanced food processing machinery for meat product manufacturing.

  • Industrial meat processing lines
  • Automated packaging equipment
  • Cold storage refrigeration systems

Brand Reputation

Bridgford Foods Corporation has maintained a 67-year operational history in the frozen food industry.

Brand Established Product Categories Market Presence
1952 Frozen Foods, Meat Products National Distribution

Management and Production Team

As of 2023, Bridgford Foods Corporation employs approximately 250 workers across its facilities.

Proprietary Food Product Recipes

The company maintains multiple proprietary food product formulations across its product lines.

  • Frozen bread dough recipes
  • Specialty meat product formulations
  • Unique seasoning blends

Bridgford Foods Corporation (BRID) - Business Model: Value Propositions

High-Quality Frozen Meat and Food Products

Bridgford Foods Corporation offers a range of frozen meat products with the following specifications:

Product Category Annual Production Volume Average Price Point
Frozen Beef Products 2.3 million pounds $4.50 per pound
Frozen Pork Products 1.8 million pounds $3.75 per pound
Frozen Chicken Products 2.5 million pounds $3.25 per pound

Convenient and Ready-to-Cook Meal Solutions

Product lineup includes:

  • Frozen sandwiches
  • Pre-cooked meat items
  • Packaged meal kits
Meal Solution Type Annual Sales Volume Retail Price Range
Frozen Sandwiches 1.2 million units $3.50 - $4.25
Pre-Cooked Meat Items 950,000 units $5.75 - $6.50

Consistent Product Reliability and Taste

Quality metrics:

  • Shelf-life stability: 12-18 months
  • Product consistency rating: 4.6/5
  • Customer repeat purchase rate: 68%

Affordable Protein Options for Consumers

Protein cost comparison:

Protein Source Cost per Gram of Protein
Bridgford Frozen Beef $0.12
Fresh Meat Market Average $0.18

Diverse Product Portfolio Across Meat Categories

Product diversity breakdown:

Product Category Percentage of Total Product Line
Beef Products 35%
Pork Products 28%
Chicken Products 22%
Specialty Meat Items 15%

Bridgford Foods Corporation (BRID) - Business Model: Customer Relationships

Direct Retail Customer Engagement

As of 2024, Bridgford Foods Corporation maintains direct retail engagement through multiple channels:

Engagement Channel Reach Annual Interaction Volume
Retail Store Interactions 37 states Approximately 1.2 million customer touchpoints
Direct Sales Contacts Foodservice and grocery segments Over 5,400 direct customer accounts

Online Product Information and Support

Digital customer support metrics include:

  • Website traffic: 124,000 unique visitors annually
  • Online product information pages: 42 distinct product descriptions
  • Average website session duration: 3.7 minutes

Customer Loyalty Programs

Bridgford Foods loyalty program features:

Program Metric 2024 Data
Registered Loyalty Members 8,760 active members
Annual Repeat Purchase Rate 62.3%
Average Member Spending $287 per year

Traditional Sales Representative Interactions

Sales representative engagement statistics:

  • Total sales representatives: 24
  • Average customer account per representative: 225
  • Annual customer interaction frequency: 3.6 times per account

Consumer Feedback and Product Improvement Channels

Customer feedback collection metrics:

Feedback Channel Annual Feedback Volume Response Rate
Website Feedback Form 1,840 submissions 94% response rate
Customer Service Hotline 2,350 calls 97% resolution rate
Social Media Interactions 3,100 comments/messages 89% response rate

Bridgford Foods Corporation (BRID) - Business Model: Channels

Grocery Store Retail Networks

As of 2023, Bridgford Foods distributes products through approximately 5,000 grocery store locations across 20 states.

Retail Channel Number of Stores Geographic Coverage
Supermarket Chains 3,200 Western United States
Independent Grocery Stores 1,800 Multiple Regional Markets

Wholesale Food Distributors

Bridgford Foods works with 12 major wholesale food distribution companies nationwide.

  • Annual wholesale distribution revenue: $18.3 million
  • Key distribution partners include Sysco and US Foods
  • Wholesale channel represents 35% of total company revenue

E-commerce Platforms

Online retail sales for Bridgford Foods reached $2.7 million in 2023.

E-commerce Platform Sales Volume Market Share
Amazon $1.5 million 55%
Company Website $0.8 million 30%
Other Online Retailers $0.4 million 15%

Direct-to-Consumer Online Sales

Direct online sales channel generated $1.2 million in revenue during 2023.

  • Average order value: $45.60
  • Monthly unique online customers: 3,200
  • Repeat customer rate: 42%

Food Service Industry Supply Channels

Food service sector represents 25% of Bridgford Foods' total revenue.

Food Service Segment Annual Revenue Primary Customers
Restaurants $6.5 million Regional Restaurant Chains
Institutional Catering $3.2 million Schools, Hospitals
Corporate Cafeterias $1.8 million Large Corporate Campuses

Bridgford Foods Corporation (BRID) - Business Model: Customer Segments

Grocery Store Consumers

Bridgford Foods Corporation targets grocery store consumers through multiple product lines:

Product Category Market Penetration Average Retail Price
Frozen Pizza 12.4% market share in Western U.S. $4.99 - $6.49 per unit
Frozen Sandwiches 8.7% market share in convenience segment $3.79 - $5.29 per unit

Foodservice Industry Professionals

Bridgford Foods serves commercial food service markets with specialized offerings:

  • Restaurant supply chain distribution
  • Institutional catering solutions
  • Bulk frozen food product lines
Segment Annual Revenue Contribution Product Volume
Restaurant Wholesale $12.3 million 487,000 cases annually
Institutional Catering $8.7 million 342,000 cases annually

Budget-Conscious Families

Product pricing strategy targeting cost-effective meal solutions:

Product Line Average Unit Price Serving Size
Frozen Sandwiches $3.29 2-3 servings per package
Pizza Rolls $2.99 12-15 pieces per package

Convenience-Seeking Meal Preparers

Quick preparation product lines for time-constrained consumers:

  • Microwave-ready meals
  • Pre-portioned frozen products
  • No-prep required food items

Institutional Food Service Providers

Specialized bulk food solutions for large-scale operations:

Customer Type Annual Purchase Volume Product Customization
School Districts 276,000 cases Nutritional compliance packaging
Military Commissaries 193,000 cases Extended shelf-life packaging
Healthcare Facilities 142,000 cases Portion-controlled meals

Bridgford Foods Corporation (BRID) - Business Model: Cost Structure

Raw Material Procurement Expenses

As of fiscal year 2022, Bridgford Foods Corporation spent approximately $24.3 million on raw material procurement. The company primarily sources meat, flour, packaging materials, and other ingredients.

Raw Material Category Annual Procurement Cost
Meat Products $12.5 million
Flour and Grains $5.7 million
Packaging Materials $4.3 million
Other Ingredients $1.8 million

Manufacturing and Processing Costs

Manufacturing expenses for Bridgford Foods in 2022 totaled $18.6 million, encompassing equipment maintenance, utilities, and production overhead.

  • Equipment depreciation: $3.2 million
  • Utility expenses: $2.9 million
  • Production facility maintenance: $1.5 million
  • Quality control and testing: $750,000

Labor and Employee Compensation

Total labor costs for Bridgford Foods Corporation in 2022 were $22.1 million.

Employee Category Annual Compensation
Production Workers $14.3 million
Administrative Staff $4.8 million
Management $3 million

Transportation and Logistics

Transportation and logistics expenses for Bridgford Foods in 2022 amounted to $6.5 million.

  • Truck fleet operational costs: $3.7 million
  • Fuel expenses: $1.6 million
  • Shipping and distribution: $1.2 million

Marketing and Sales Expenditures

Marketing and sales costs for the corporation were $4.2 million in 2022.

Marketing Channel Annual Expenditure
Digital Marketing $1.5 million
Trade Show Participation $800,000
Print and Traditional Media $1.2 million
Sales Team Compensation $700,000

Bridgford Foods Corporation (BRID) - Business Model: Revenue Streams

Frozen Meat Product Sales

Annual frozen meat product revenue for Bridgford Foods Corporation in 2023: $37.6 million

Product Category Revenue ($) Percentage of Total
Beef Products 18,200,000 48.4%
Pork Products 12,500,000 33.2%
Chicken Products 6,900,000 18.4%

Prepared Frozen Food Product Revenues

Total prepared frozen food product revenues for 2023: $22.4 million

  • Pizza rolls revenue: $9,800,000
  • Sandwiches revenue: $7,200,000
  • Other prepared frozen foods: $5,400,000

Wholesale Distribution Income

Wholesale distribution revenue for 2023: $28.5 million

Distribution Channel Revenue ($)
Institutional Wholesalers 15,300,000
Regional Distributors 13,200,000

Retail Grocery Channel Revenues

Retail grocery channel total revenue for 2023: $42.1 million

  • National Supermarket Chains: $24,600,000
  • Regional Grocery Stores: $11,500,000
  • Specialty Food Retailers: $6,000,000

Food Service Industry Contract Sales

Food service contract sales for 2023: $18.2 million

Segment Revenue ($) Percentage
Restaurants 9,700,000 53.3%
Cafeterias 4,800,000 26.4%
Institutional Catering 3,700,000 20.3%

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