get a key
steadybase-$ company THS
account_id none on file
legal_name none on file
ticker THS
cik none on file
domain q4web.com
linkedin_company_url none on file
entry_point_account_id none on file
name Treehouse Foods Inc.
sector Consumer Staples
calls 1 filings 0 executives 1 family 0
why_nownone on file
calls
I think we're pleased. If you saw our chart in this quarter's materials, we did see $20 million positive of supply chain, which I don't think we've seen over the last several quarters. And that is the flow through of some of the initiatives that we've started. So we're pleased to see that. I'd say, you know, one of the ones we're able to start quickly was the procurement cost savings initiative. And so I think you're seeing the benefit of Treehouse scale in that of having the conversations with our vendors and ingredients and packaging and places like that and We've done the first few projects and we got that partway through the year, so we'll lapse some savings into next year. We've got other projects we'll start. So we feel good about procurement cost savings as being one of the main levers. We think about team officer as one of the ways that we can just drive service and efficiency in our plants and drive out waste. And so I think that's one that over that timeframe will be relatively consistent annually. And you'll see procurement kind of deliver back out this year. into next year and then start to trail off, you know, the following year. And then the last part that we focus on would be our distribution network. And so we have the chance to do some work around driving out how many miles we travel, putting inventory closer to customers, and being able to deliver service and take some cost off that way. You know, that's work that is ongoing right now. And so we, you know, w

Nov 12, 2024 / receipt, needs a key / Pat, other | earnings call 2024-11-12 | transcript 15533715-c0c9-4651-a416-20b1ee7a56cc | chars 24785-26285 | segment 25

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