McCormick Continuous Improvement CCI drives cost savings
... "The Company achieved an increase in both operating income and operating income margin in the first quarter with higher sales, a favorable sales mix and CCI-led cost savings. Comprehensive Continuous Improvement (CCI) is an ongoing initiative to improve productivity and reduce costs throughout the Company's global operations. " ...
Via McCormick: Record Profit and Cash Flow for Fiscal Year 2009
Management discusses the company's results and mentions CCI: McCormick Q4 2009 Earnings Call via Seeking Alpha: "On the same basis, we increased operating income for our consumer business 12%. These results were driven largely by progress for CCI, our comprehensive continuous improvement program. Cash flow from operations in the fourth quarter was particularly strong, exceeding our expectations with further achievements in working capital management. "
CCI targets: McCormick First Quarter Results: "CCI-led cost savings are on-track to reach $35 to $40 million in 2010. "
Labels: cci, continuous-improvement, food-industry, mccormick-co, productivity, program-management, reduce-costs













