Sysco 2007 Annual Report Download - page 9

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of their choice. Under the initiative, volume
purchases of certain products are committed to
approved suppliers, allowing suppliers to better
plan production schedules. It also provides us
the opportunity to strengthen relationships with
suppliers and leverage our collective purchases
to negotiate better pricing. We are fi nalizing the
fi rst two phases with approximately 30 categories,
ranging from olive oil and frozen potatoes to fresh
onions and pork chops, from aprons and tablecloths
to mops and trash can liners.
INTEGRATED DELIVERY: Standardizing and
simplifying receiving, warehousing and delivery
to determine the most effi cient way to move
products through the supply chain from our
suppliers to our customers. Simply put, this
initiative is focused on creating a transportation
model that responds to customers’ demands.
In the process, we are simplifying and standardizing
procedures to improve customer service and identify
those that will improve accuracy and reduce costs.
Our customers will receive more personalized
service and can more accurately plan their own
scheduling and staffi ng to better manage their
businesses while reducing the down time related
to missed products and late orders.
One of these initiatives, XY Routing, is designed
to decrease total miles driven and increase route
consistency. The process compares each delivery
stop on an existing route to an optimal route map
to verify that the stop is on the proper day and in
the correct sequence. This should decrease miles
driven per route, fuel expense and investments
in vehicles, while increasing customer satisfaction.
DEMAND: Better understanding our customers’
needs and developing new strategies and services
to meet their preferences and requirements
more effi ciently and cost effectively. We plan to
provide more consistent pricing and the lowest total
procurement cost for our customers and make
it easier for them to do business with us. This does
not necessarily mean that individual product prices
on an invoice will be the lowest, but that we will
provide the lowest total cost for all products and
services combined. This would include not only
competitive pricing but also a focus on reducing
errors, providing more reliable service and making
it easier for customers to interact with us,
while lowering our own costs in the process.
SYSCO Corporation ][ page 7
35,042
32,628
30,282
29,335
26,140
07
06
05
04
03
SALES
in millions of dollars
1.60
1.36
1.47
1.37
1.18
07
06
05
04
03
DILUTED EARNINGS PER SHARE
in dollars
1,001,076
855,325
961,457
907,214
778,288
07
06
05
04
03
NET EARNINGS
in thousands of dollars