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FARE INSIEME - Ep. 32 - Fervi and that job as business coach

«We help other companies to excel. Success passes through this wonderful territory»

03/03/2022

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Forty years ago, a company that became a leader in MRO, namely Maintenance, Repair and Operations, was born in Emilia. The history of Fervi, a team of almost two hundred employees and a turnover of 54 million euros. The recipe for winning? «When you have a high quality of life due to the territory, this well-being is transferred to the work environment. It is a win-win logic.» Giampaolo Colletti interviews Roberto Tunioli, President and CEO of Fervi for Fare Insieme

di Giampaolo Colletti
@gpcolletti

There is an acronym behind the business of an Emilian company of excellence and it is MRO, i.e. Maintenance, Repair and Operations. It refers to all the activities, which are necessary to keep production facilities and processes running smoothly. To build, to maintain and to repair. In summary, to serve the customer in the best possible way with a great operational efficiency and with two essential elements for the value chain: buying things at the right place and at the right price. After all, these actions are the basis of Fervi, a reality born as early as 1978 as a wholesaler and at the time working only for the Modena district. But in forty years many things evolve: so today the consolidated turnover is around 54 million euros and the company has a team of 180 employees spread over four companies, one of which is based in Germany. The headquarters are in Vignola, a town of twenty-five thousand souls in the province of Modena. The business is 70% in Italy and the remaining 30% of the foreign share is recorded mainly in Europe, but without counting Great Britain. «In our sector, measurements count a lot, so services are different if they are conveyed in metric measure, rather than in inches or pounds. A change of this unit of measure would imply the multiplication of warehouses. This is why the world operators are also geographic poles», explains Roberto Tunioli, President and CEO of Fervi, and the man responsible of the exponential growth of this reality.  

The business coach for other businesses.
To explain the positioning and therefore also the business, Tunioli refers to the weight of Italian manufacturing in Europe. «We are the second manufacturing nation in Europe and among the top ten in the world and therefore there are thousands of factories, workshops and laboratories to run. To do this you need skills and therefore qualified people. Then you need state-of-the-art tools and maintenance products. We are, therefore, one of those realities that help other companies to excel. We help them in their daily work, when they are in need of face masks, gloves, wrenches, but also equipment for design workshops or drills, most simply. It must be said that there is currently no Italian company among the top ten in Europe as the top positions are occupied only by the Germans, English and French. Although we have sixty thousand references in the world, when I bought the company ten years ago we only had 2,800», Tunioli proudly states. For this Emilian top manager who for twenty years worked in the giant Datalogic, the entrepreneurial choice, with the relative investment of his own liquidation, coincided with that of a life choice. «I wanted to be closer to my family and after twenty years of technology and innovation I made a bet on a mature market with a great potential», says Tunioli. On the other hand, in 2012 the company had a turnover of 10 million euros and had 20 employees, and therefore in ten years the growth multiplied five-fold, between the internal human resources and external acquisitions. The recipe lies in the investment of over 50% of the profits in human resources, and in the successful processes related to logistics and internationalisation. Then in 2018 the listing on the Milan Stock Exchange. But the goal has remained the same as that of the early days: to offer a complete service to companies. In the case of medium-large enterprises, we provide maintenance, while in the case of the support for craftsmen, we also sell the product they need to carry out their work and, therefore, to keep the business running. Somehow you become a coach for those who do business. A metaphor that stands the test of facts: to work day after day you need constant training, adequate tools, teamwork. We study machines and tools for industry and crafts. «We don't produce ourselves, but we do scouting and go and search for the best things that are offered on the market worldwide. This allows the scalability of the business because producing is difficult, but here you must have the ability combined with the competence to send the right people around the world to choose better products and solutions. This is why our DNA is made up of courage and vision, in other words, knowing where you want to go in order to achieve a medium-high performance at many points in the value chain», argues Tunioli.  

The win-win district.
Nowadays, human capital and the local area make the difference to be successful. Tunioli is convinced of this, i.e. of the fact that this triangle of innovation, developed between Modena, Ferrara and Bologna, presents those unique district characteristics in the world: from packaging and automotive for Bologna to ceramics and up to the biomedical supply chain for Modena and chemistry for Ferrara. «It is a lucky and almost unique combination in the world, it must be preserved in its uniqueness, which is linked to the people. Everything is understood through the quality of life and we are in a fabulous territory. On the other hand, our four companies are all located between Ozzano, Spilamberto, Vignola and even our reality in Germany is located in a small town near Düsseldorf. When people eat at home, they have very low expenses, they commute by bicycle and have a very high level of social quality, which is all transferred to the work environment. It is a win-win logic», Tunioli points out. We return to the district of decades ago, which today is even more contemporary. On the other hand, also due to the historical context we are "demetropolising", and this implies a high social value linked to the community. But it does not mean avoiding advanced digitisation processes. Indeed, quite the opposite. The future is made up of ever more immediate services, designed on the needs of customers and of a more volatile market. «Today we try to amplify the sales channels, amplifying the various points of contact with the customer for the transfer of the good - says Tunioli, and continues - The goal is to structure ourselves better, by tracing the path and improving ourselves. The digital transition allows us to evolve and the best thing to increase our growth is to measure the performance and the actual use of the products.» Because digitising also means making daily work easier.

https://podcast.confindustriaemilia.it/

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