The J.m. Smucker Company · NYSE:SJM
The J.m. Smucker — Investor Day (October 2015)
7 slides from The J.m. Smucker's investor day presentation, Oct 20, 2015
Slide 1: Integration and Synergy Update
The J. M. Smucker Company Investor Day 10/20/2015 INTEGRATION AND SYNERGY UPDATE Vince Byrd Vice Chairman 1
Slide 2: Summary of Key Points
The J. M. Smucker Company Investor Day 10/20/2015 Summary of Key Points INTEGRATION On Track to Achieve Key Milestones SYNERGIES $200 Million Annually by FY18 COST SAVINGS Opportunities in Excess of Original Estimate WORKING CAPITAL Significant Improvement Opportunities 3 Track Record of Execution H
Slide 3: Key Integration Milestones
The J. M. Smucker Company Investor Day 10/20/2015 Key Integration Milestones Key areas to be integrated by the end of FY16. SUPPLY CHAIN COMBINED SALES COMMON SYSTEM SHARED SERVICES CONSOLIDATION ORGANIZATION PLATFORM CONSOLIDATION Procurement Supports Administrative Centralized at Go-to-Market Corp
Slide 4: $200M Annual Synergies by FY18
The J. M. Smucker Company Investor Day 10/20/2015 Areas of Synergies Targeting $200 Million by the end of FY18. DIRECT • Consolidate Supplier Base MATERIALS • Negotiate Improved Terms $60M • Eliminate Redundant Distribution Centers OPERATIONS & SUPPLY CHAIN • Optimize Logistics and Transportation $4
Slide 5: Reinvesting in the Business
The J. M. Smucker Company Investor Day 10/20/2015 Reinvesting in the Business Expect to invest incremental savings to enhance capabilities for growth. ENHANCED CAPABILITIES Consumer Insights and Analytics Innovation Brand Marketing Digital Capabilities Shopper Marketing Insights Customer-Facing Capa
Slide 6: Reinvesting in Growth
The J. M. Smucker Company Investor Day 10/20/2015 Reinvesting in Growth Evaluation Criteria: • Return on Investment • Long-Term Strategic Benefits • Increased Shareholder Value 11 Working Capital Improvement Target REDUCTION OF Reduce Inventory Days $200M Improve Payment Terms Added Free Cash Flow B
Slide 7: Summary of Key Points
The J. M. Smucker Company Investor Day 10/20/2015 Summary of Key Points Synergy and On Track to Working Capital Opportunities to Achieve Key Goals are Invest to Support Integration Achievable by Long-Term Milestones Targeted Dates Growth 13 7
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