date:Mar 03, 2014
Ed Lonergan, president and chief executive officer. We committed to reduce spending in our value chain by at least $35 million. We achieved these levels, and improved flexibility in our sourcing, shipping and logistics networks. We improved shipping efficiency, and increased productivity by more than 12% on owned farms.
The companys strategic sourcing initiatives, he added, have mitigated input cost increases across the portfolio.
For the salads and healthy snacks segment, the company reported