How Nestle fought back


Hofbauer: ’We began to save when everyone in the company started to think about how to avoid wastage and work smarter.’

The food company rolls out changes that have seen it benefit in terms of cost savings and innovation

IN 2013, just as Alois Hofbauer took the helm of Nestle (M) Bhd as managing director, he went to a hypermarket in Penang, where he noticed a shopper’s trolley filled with items the company sold. What he saw, however, was that the man had picked up goods produced by Nestle’s competitors and had not chosen to buy any product Nestle made.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , nestle , change , prospects

Next In Business News

MIDA sees broader investment pipeline beyond data centres in 2026
Malaysia likely see net foreign equity inflow in 2026 amid rising investor confidence
Sarawak to introduce carbon levy on oil, gas and energy sectors
Astro to stop new Astro Fibre sign-ups from Feb 2026
5E Resources secures Bursa Malaysia nod for ACE Market listing
Ringgit ends higher as Trump-fed clash weakens the greenback
AirAsia X fully secures RM1bil private placement at RM1.65 per share
iCents wins RM9.12mil industrial facility contract
Rimbunan Sawit disposes of land for RM28mil
Agibot opens Malaysia’s first AI and robotics experience centre

Others Also Read