Yeah, Pete, thanks for the question. So the, if you start to unpack that, we have a commitment and we're standing behind that commitment on supply chain transformation. We expect to deliver $20 to $30 million of annualized benefit this year from supply chain transformation, and we're well on our way on that front. We're run rating at that level, and that's playing a significant role in our improvement in OPEX. The second piece is the variable comp that we mentioned earlier in the call, and together we see those things as playing a significant role in our overhead expense management. Last but not least, on the go-forward basis, Tony talked a little bit about our go-to-market strategy and the changes that we've made there. Collectively, that run rate of $20 million will be there by the end of the year, but we expect to see a little bit of a pickup in OPEX as we roll into the fourth quarter. By pickup, I mean reduction.

Aug 17, 2023 / receipt, needs a key / Peter Sala, CFO | earnings call 2023-08-17 | transcript 1d827eca-65a5-4431-b7e9-3e824f4191ad | chars 33352-34282 | segment 34