Sysco 2014 Annual Report Download - page 2
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Please find page 2 of the 2014 Sysco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Expansion
Exploring, assessing and
pursuing new businesses
and markets
America’s changing demographics are
fueling significant growth opportunities
for Sysco. We are strategically enhancing
ourcapabilities to serve fast-growing
ethnic markets by implementing seg-
ment-specific programs that ensure
product assortment, marketing promo-
tion and sales practices tailored to our
customers and communities. This
approach allows us to better differenti-
ate our value proposition to customers.
Delivering on our
commitment means
steadfastly maintaining
our focus on five strategic
pillars: Expansion, People,
Products, Productivity
and Partnerships. We
believe this is the surest
way to meet the needs of
all our valued stakeholders
and achieve our Vision of
becoming our customers’
most valued and trusted
business partner. During
fiscal 2014, this strategic
focus provided the archi-
tecture to effect broad
transformation across
multiple areas ofSysco.
These transformation
initiatives continue to
influence our processes
and capabilities, providing
a strong platform for the
long-term success of
Sysco and our family
ofcustomers, suppliers
and associates.
18.3
%
The Hispanic restaurant segment grew
18.3% between 2000 and 2010. By 2050,
Hispanics willrepresent nearlyone-third
ofthe U.S. population.
Sysco announced an
agreement to purchase
a 50% interest in Mayca
Distribuidores S.A., a
leading foodservice
distributer in Costa Rica
whose operations also
include retail cash-and-
carry, cold storage and
truck leasing.
85% of our associates
participated in the third
annual Sysco Speaks survey
that provides associates an
opportunity to offer ideas
to improve engagement
and business performance.
In fiscal 2014, we initiated a
new frontline supervisor program,
a sales leadership academy, an
executive development program
and enterprise-wide training on
food safety, ethics and compliance.
By listening and
offering strategic
solutions, we build
lasting connections
with our customers.
People
Implementing an
enterprise-wide talent
management process
We have taken important strides
toward finding, developing and
retaining the best people in the
industry – from frontline associates
whoensure that orders are accurate
and delivered on time, to sales associ-
ates who help customers grow their
businesses. With a new HR model
nowfully launched across our U.S.
Broadline companies, we have
enhanced tools tomanage and
trackemployee development.