Top 50 - 2008
1. Sysco Corp.
Year founded: 1969
Chairman: Richard J. Schnieders
President/ceo: Richard J. Schnieders
172 distribution centers
63% commercial, 37% noncommercial
44.6% national brands
55.4% private label
42.5% street accounts sales as percentage of total sales
COP & specialty products: Fresh meat (beef, lamb, veal, poultry) fresh fish, fresh produce, gourmet cheese, E&S, san-jan, packaging
Best innovation: National Supply Chain Initiative
- SYSCO announced that it is planning to initiate construction on fold-out operations in Longview, TX and in Knoxville, TN
Fuel prices: In order to partially manage the volatility and uncertainty of fuel costs, from time to time, Sysco may enter into forward purchase commitments for a portion of its projected diesel fuel requirements. In October 2006, Sysco entered into several additional forward diesel fuel purchase contracts to purchase diesel at a fixed price. In addition, Sysco's goal is to manage the logistics more efficiently to decrease the number of miles.
High-tech operations systems: Yes. SYSCO has bar coding and other new technologies, such as the palletizer/depalletizer and the mini loader.
Plans for human pandemic or other catastrophes: Yes
Any "green" or environmentally-friendly projects: Yes
Key issues this year: Sourcing