get a key
steadybase-$ person Peter Sala
namePeter Sala
roleCFO
company SpartanNash Company SPTN
linkedin none on file
contactnot published
filingsnone on file
quotes
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 / CFO / receipt, needs a key / Peter Sala, CFO | earnings call 2023-08-17 | transcript 1d827eca-65a5-4431-b7e9-3e824f4191ad | chars 33352-34282 | segment 34

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