MGP Sees Improving Margins From Lower Commodity Costs
date:Mar 17, 2014
e products, and increasing volume. Our cost structure needs to be more competitive, especially for products in the commodity categories. Areas of focus include sourcing, plant efficiency, and administrative overhead. One goal for 2014 is to reduce SGA compared to 2013, after adjusting for proxy costs. The savings generated will be redeployed to support marketing and new product innovation.
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