https://ir.mondelezinternational.com/news-releases/news-release-details/mondelez-international-host-investor-day-september-7
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I dont disagree with your comments regarding DSD in Canada as they are accurate. My point is there were people in Canada that thought DSd would last forever and it didnt. Nothing is forever.
Canada not having DSD is hard to compare to USA (I'm not saying we are not exiting)
Canada has a population of 34million with 80% of people in a couple of cities on the coasts, spread mostly an area with nothing in the middle
The USA has a population of about 350 million with more then there entire population living between our coasts
Most businesses that try to do anything
In Canada have a hard time doing anything because of the decreased volume of sales that's why some of the biggest chains like target, sears, and Walmart have been leaving or going bankrupt.
My guess is that directional we will probably hear someone soon but as far as timing. Who knows?
My guess is that we're close to 4 or 5 years. Transition started in 2013 closing branches down. Guess we'll find out on the 7th
Too be honest I'm not close to the sales side in Canada so I dont know the set up. I do know that we had DSD for many years but one major account decided to go warehouse and that was the end of DSD.. it did take about 4 to 5 years to fully exit dsd though..
What kind of set up do you have in Canada? Any reps or merchandisers?
We got rid of DSD in Canada years ago. Dont think for one second it couldn't be done in the good old U.S. of A.
We have power brands? lol It's junk food with no nutritional value and unfortunately more and more people are concerned about what they put in their bodies. I saw the Tate's for the first time this weekend. It will grow a bit with nation wide distribution but with the cost of them they will never be a mainstream item unless we set up financing for them.
“Mondelez wouldn’t do that to us”? You got to be kidding!! They owe you nothing! Employment at will. Their obligation is to shareholders, not employees! They have done “that” many times before and will continue to do “that” to make money! That’s the name of this game!
Kraft Heinz is different! We have power brands! Our shelf life isn't as long coded. No comparison! Mondelez wouldn't do that too us
To the Nabisco Cheerleader who thinks were to big to go warehouse. Have you ever heard of Kraft Heinz? Think about it...
I believe that there will be layoffs announced. Reps will be the target of the layoffs. Not sure if some or all will be eliminated. We will be phased out. Order writers will take over and my guess is a few reps will be retained. Eventually we'll all be eliminated by 2020.
The nabisco cheerleader below hard at work to spin this
20 day's away till nothing happens! We're too big to go warehouse!
February 6 2013 received EOI and due back by February 16 2013. End of first quarter was last day of employment
January 20, 2016 received EOI due back by the 28th for end of first quarter employment
The same was pretty much true for the 2012 layoffs however I don’t remember receiving an EOI that year. I believe that just forced a lot of the older guys out and made cuts without the option
I believe it was 2 month's. Announcement was made at the end of January and reps had to stay till April to receive the buyout
Does anyone remember the previous layoff time frame ? From when the buyouts were offered and when the actual day was that the reps left ? Was it weeks , one month or two months ?
Guess we will find out by September 7th. Few more weeks
No matter what there will be some restructuring . Mondelez International would not be very smart in their strategic plan to keep all of the sales reps. All we do now is tweek orders .Most of the ad items come in on a NOS. We do not have time to sell. We are glorified merchandisers. We are stocking shelves more and more. Mondelez can use full time order writers and part time merchandisers to do all of the work now. Can you imagine how much money they will save !!! I do not want to loose my job, but if they have. ANY BRAINS some of us will be gone.
This is from 3 years ago! Sound familiar?
"But some analysts say Mondelez could take more aggressive steps, including by ending its Nabisco brand’s use in North America of direct-store delivery, or DSD, in which employees distribute cookies and crackers, stocking and organizing grocery shelves. Other analysts, however, argue the system, which is more expensive than third-party distributors, is vital to Nabisco staying competitive with Kellogg Co.’s Keebler brand, which also uses DSD."
How many more reps can they cut? I think we're all gone. They'll do something similar to Keebler. We're not staying in DSD to merchandise and tweak orders
And one more thing. Your DM doesn’t know anymore than any of us do. He is just spitting the company line to keep you calm and not losing all the reps and merchandisers.
At most DMs will find out a day or 2 before everyone else does just so he will be prepared for the backlash and all the questions that he will be hit with. He will be to.d on a separate conference call or called into a last minute meeting to get the details days before we know
They do not have a strategic review of DSD every year such as Dirk has said they are doing. Google Wall Street journal from August of 2015 and see what our former CEO Irene had to say about DSD. They were looking at the possibility of eliminating it 3yeats ago.
I don’t believe DSD is gone this year, but within next few years for sure. Sales reps are going to be cut again and replaced with more full timers just as what happened 2 years ago. Sales reps are being phased out for people making half or less the money with no cars, bonuses and benefits.
My guess in 5 years or less we will have people in the field similar to the premier, Acosta, Crossmark guys but we will not do it 3rd party. We will keep it in house to do a better job. DSD as we know is dead in next few years
My DM said that we have nothing to worry about! He said that they have this conference every year. No Layoffs👍
I see the nabisco cheerleader below is back at it again more fake news
Everything will be fine. No Layoffs. We're making money
NEWS
CEO: Mondelez evaluating DSD as part of strategic review
2/2/2018
Mondelez CEO Dirk Van de Put said direct-store delivery has been "powerful" for the company's US biscuits category, but the company is performing a cost-benefit analysis to determine whether to continue its DSD strategy in the future. "It's part of our strategic review," Van de Put said. "We hope to have clarity near the middle of the year."
Full Story: ConfectioneryNews (France)
More Summaries: Dirk Van de Put, Mondelez
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Mondelez to disclose strategic review results in September
7/26/2018
Mondelez International will release the results of its strategic business review in September, said CEO Dirk Van de Put. "There won't be a major change of direction for the company, but our five-year plan needs to show more top-line growth," he said.
Full Story:MarketWatch
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Mondelez names new CFO
6/20/2018
Luca Zaramella will take over as chief financial officer at Mondelez International after Brian Gladden steps down from the role in August. Zaramella has been with Mondelez for two decades and "has been developed to take on this role for many years," said CEO Dirk Van de Put.
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PepsiCo exec: "The popcorn market is popping"
4/10/2018
Strict attention to consumer flavor trends and direct-store delivery are among the drivers giving PepsiCo-owned Smartfood about a 40% market share in the ready-to-eat popcorn market, a category that is growing swiftly. "The popcorn market is popping," said PepsiCo's Fauzia Haq.
Full Story:Food Business News (free registration)
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Van de Put outlines Mondelez's 4 strategic focus areas
2/22/2018
Mondelez is deploying a four-pronged strategy for the future that involves fresh innovations, expanding its power brands into new categories and markets, strengthening its e-commerce business and sharpening execution, said CEO Dirk Van de Put. "More than ever, we need to put the consumer at the center of everything we do, and we need to execute with excellence every day in every store," he said.
Full Story:Baking Business
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Report: Mondelez seeks organic growth under new leadership
12/20/2017
New Mondelez CEO Dirk Van de Put is signaling a strategic shift toward organic growth rather than focusing solely on mergers and acquisitions, said Robert Moskow of Credit Suisse in a research report. While Van de Put expressed his comfort working with indulgent snacks during an analysts meeting this week, he also communicated a need to develop the company's health and wellness portfolio, Moskow said.
I believe dirk can end dsd if he wants. He can outsource it also. There's things he can do with out the boards approval. Your comparing apples to oranges. We don't use another companies product.
Any team's having any get together dinners coming up?
All reps and ft merchandisers are invited next week and 1 guest.
Conference call="Fake News!!!" Nothing will be said about DSD. We're not leaving DSD.
No layoffs=no conference call
I suspect if there is major announcements to come out of Dirks investor meeting that employees will hear about it at roughly the same time. Usually employees dont find out about those calls much in advance..
BOTTOM LINE !!! I JUST WANT TO KNOW IF THERE IS A CONFERENCE CALL ON SEPTEMBER 6
If there is a call it's not going to be a DSD exit yet, Its more cost savings, its illegal to mislead shareholders that much you cant say DSD is great and and praise it in the last quarter call and then kill it 2 months later. I'm not saying it's not ending I would be fine if it dose the only thing keeping me here right now is that I'm probably over paid.
It's going to be more cost savings, less reps, no cars, less service, more lower cost merchandises, look I dont believe DSD not ending in the future but also as a stock investor you have to understand how if they tell shareholders one thing you can't just do a 180 2 months later
EXAMPLE
Imagine if (Musk)Tesla on a 1/4 call said that Panasonic batteries are amazing and great and what separates them from the rest, then in less then a 1/4 said they where switching to LG Chem That would be considered lying and misleading and that would technically be illegal because his 1st statement could mislead people to buy or sell stock.
The best way to do anything like that is to just no say anything about the batterys you are using and skirt the questions if asked
Someone is not telling the truth, One RMS says there is a call and one RMS is saying there is not a cnference call on September 6. Is someone saying this to protect their job ????? Is this call not supposed to be known about until the end so no one leaves the company early.
RMS cheerleader towing the line till the bitter end. The gig is up! Time too let these guys and gals know the truth. DSD is ending!!
I’m also a RMS and there is no conference call. Business as usual people. September 7th will come and go with a plan to keep us around for a long time. Just wait and see......then everyone will be guessing the next month or exit date.
I'm a RMS
The person that posted that there is a conference call on September 6th , I am curious are you a manager ????? Sales Reps have not been told about this conference call .
The nabisco cheerleader below reminds me of the captain in the wheel house on the titantic we all know how that ended
Y'all know nothing! September 7th will come and go and we'll still be here. We're too big to go warehouse. We're not Keebler. Keebler couldn't survive on Cheeze its. We have power brands and now Tate's to add on to our all star lineup.