Hardship to Transformation: A Future Proof Greenyard
Hardship
Transformation office has been scrutinising all cost areas to identify and
unlock untapped cost efficiency potential across the whole Group
-
REALISED TRANSFORMATION INITIATIVES (APRIL '19 – AUGUST '20)
Logistics efficiency in Fresh Germany
Road: increase load factor in Belgium
Production rationalisation/yield improvement
Productivity improvement (temporary labour)
+€8m
Group Transport Management System - ongoing
Operational
Excellence
Significant reduction in workforce in Fresh (-510
FTE), Frozen (-12 FTE) and Corporate (-8 FTE)
Change of management teams across all
divisions and on group level
▸ Shift in mindset to focus on profitability and cash
instead of Sales and increased best practice
sharing across divisions and countries
15
Estimated full-year run-rate impact
Transformation
Future proof
Implementing operational
excellence
Sourcing
Waste management program in the Netherlands
Evolution from spot buying to sustainable buying
programs
+€3m
Group joint sourcing initiatives (Pink Lady,
Avocado) - ongoing
Indirect spend
360°
帑口
Road: increase Baltic carrier in Italy and the
Netherlands
▶ Sea freight cost improvement
+€18m
Organisation
+€13m
Packaging specifications optimisation
Temporary labour renegotiated in Belgium
Facility cleaning optimisation in Belgium
Harmonisation IT standards
GREENYARDView entire presentation