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alwayschanging

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Reply with quote  #1 
Leave it to Sysco to screw with the entire Guest Supply organization. Company didn't hit plan last year due to expenses and they are now screwing their entire sales force to make up for the losses. Do they really think this is going to be a way to make up money?? These sales reps (I am one myself) were 100% commission!! We paid for ourselves!! Why mess that up??

I get the whole gotta "evolve" or we'll go out of business BS but lets get with it Sysco. You purchased us in 2001 and we have been evolving and growing our side of the business year over year. Last FY we didn't hit plan because of Operating Expenses with Freight being the # one factor. Why penalize your hard working, dedicated, and loyal people for this? If anything, incentivize us to get bigger drops and incur less freight. You want to screw with our pay, we are out!!

Your Pepsi Co and Office Depot (recruited and brought into the organization) leadership have no clue what sales is about. They talk the good talk and drink the Koolaid. Let's be honest, that's why you put them here. But how about putting people in these roles who actually know what we do on a day to day. Whatever happened to recruiting within.

On a side note: Had a work-with with the Regional VP. This guy is another Office Depot recruit and while working with me he was CLUELESS. Customers laughed about it after he left and it was a JOKE. I hope they don't work with me again, what an embarrassment. 

I have never felt more unmotivated, disgusted, discouraged, and sick of a company who is supposedly "All In". More like All In it for yourselves!
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Grocery man

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Reply with quote  #2 
That is Sysco and that’s I why I left them for PFG
Best move I ever made
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formerdsr

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Reply with quote  #3 
Office Depot and Pepsi? That's almost as bad as USF's CEO who used to run Air Canada's mileage program.
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uhoh38

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Reply with quote  #4 

you have no idea.  I was with Sysco for 42+ years including Houston's corporate office.  Houston truly has no idea what is going on.  I can attest they only know formulas for bringing in more money.  They then believe they can tell presidents, and working the way to sales, how to run the business.  They are a group of managers and not leaders.  That is why the clueless will vascillate from we need to increase pieces, at all costs, to we must improve our margins.  They are incapable of providing a roadmap but can only provide mandates.

I coined the company SysPep in 2011.  Sorry for all who are there.  Only newbies don't know how great Sysco used to be.


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Reply with quote  #5 
Quote:
Originally Posted by uhoh38

you have no idea.  I was with Sysco for 42+ years including Houston's corporate office.  Houston truly has no idea what is going on.  I can attest they only know formulas for bringing in more money.  They then believe they can tell presidents, and working the way to sales, how to run the business.  They are a group of managers and not leaders.  That is why the clueless will vascillate from we need to increase pieces, at all costs, to we must improve our margins.  They are incapable of providing a roadmap but can only provide mandates.

I coined the company SysPep in 2011.  Sorry for all who are there.  Only newbies don't know how great Sysco used to be.




An interesting side bar on Sysco is one of their founders Harry Rosenthal had in laws from Beaumont Texas, Sol Rogers. Sol and his brothers had migrated to Texas from Chicago during the 1930's  Their birth name was Rubenstein but they changed their surname to Rogers. Their cousin Jack Rubenstein would become notorious on 11/24/63 when he walked into the Dallas Police Department basement and opened up with his .38 revolver and killed Lee Harvey Oswald. 

Good things really do come from Sysco. 



Jack Ruby also had ties to a number of Texas oil men. He was involved with Shearn Moody of Galveston. The Moody’s were and remain Galveston’s other power family,along with the Maceo-Fertitta clan. Shearn Moody eventually became notorious for throwing massive gay sex orgies at his mansion, and for stealing from his own family’s philanthropic foundation.

His family’s insurance company was also heavily invested in Nevada casinos such as the Sands. 
Another branch of the Chicago Rubenstein family landed in Beaumont in the mid-1930s. This crew centered on four brothers: Ben, Sol, Nate, and Vic Rubenstein. The brothers changed their surname to Rogers, and eventually became major power players in southeast Texas. They had already caught the attention of state investigators by the1940s, who labeled them as “the Chicago Rubenstein/Rogers gang.”

After the era of wide-open vice came to an end in Jefferson County, several of the Rogers brothers of Beaumont followed the lead of Benny Binion and Galveston’s Maceo-Fertitta family, and moved into gambling enterprises in Las Vegas.In The Boardwalk Jungle, Ovid Demaris reports that the Rogers were front men for the mob-owned Caesar’s Palace, and eventually Circus Circus. The name “Circus Circus”has a tradition among Chicago mobsters, in that Al Capone’s enforcement arm was known as “the Circus Circus gang.” Construction for both casinos was financed by loans from the Teamsters’ Central States Pension Fund, which served as a lending bank for organized crime. Steven Brill, in The Teamsters, reports that according to FBI files, “in 1965, it was alleged a mob meeting was held in Palm Springs, California, to discuss the division of hidden ownership of Caesar’s Palace between New England and Midwestern organized-crime forces.”
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Reply with quote  #6 
And Pepsico was founded as Loft Candies in the 1930's and was purchased by Canadian swindler Wallace Groves. Is there a connection here going back to the days of Meyer Lansky and the syndicate? 

Wallace Groves (c. 1902–30 January 1988) was a prominent financier, who, after his release from federal prison in 1944, moved to the Bahamas and there founded and operated the free trade zone, resort, and casino development Freeport on Grand Bahama Island. Investigators of U.S. organized crime associate him with the Meyer Lansky syndicate operating offshore casinos from Miami Beach. These ties notwithstanding, he is credited with being a driving force in the development of the modern Bahamian economy.
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Eyes Wide Open

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Reply with quote  #7 
Quote:
That is Sysco and that’s I why I left them for PFG
Best move I ever made


Why Is PFG Better? Is there anything you don't like about them?

They are not in my area so I don't know much about them. Their stock has done well this year.
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cabbage peddler

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Reply with quote  #8 
Sysco has become a joke compared to what it was 20-30 years ago.  If the John Baugh were alive today it would kill him to see how the company is being run, how the new Pepsi boys are solely looking at the bottom line and share holders profit, but they forget, all of their employees are share holders too, and it was the hard work and effort of those of us 20-30 years ago who truly made Sysco what it was, which was a GREAT company to work for, a company that rewarded their employees with fair compensation, stock incentives, 401, AND a pension, and it was all about growing sales, taking care of the customers and the employees ... when you did that, everything took care of itself ... then they started bringing in these whack jobs from Pepsi and others from OUTSIDE food service, who (1) have never sold a damn green bean in their lives, and probably don't even know what a 3 sv green bean is (2) started filtering out many Sysco legends, presidents who had help build the company and actually WORKED, many from the ground up, including working as commissioned sales reps and knew how it worked (3) then started cutting benefits for those who are making the company grow (ie) taking away the stock options for DSMs, reducing their potential for bonus, and/or making the carrot so impossible to obtain (4) then started adding ridiculous layers of corporate officers and corporate mgmt, yet reducing support at the OPCO level because they needed to "control labor cost" yet kept bringing in their buddies from PepsiCo in at high ranking, high paying positions (5) then spent billions on the following: A new logo and slogan, "Good Things Come From Sysco" thats right, just good, not great things, just plain ole average good things --WOW who was the genius that came up with that winner of an idea, that we just want to be "good" or the genius who approved it; on to SAP which failed, Sales Force, which is a joke for as most of those pushing it at the OPCO level or higher couldn't even use it; then more money spent on "acquiring USF" (6) and how about "Category Mgmt" this was going to SAVE everything, by consolidating suppliers Sysco was going to be able to "buy" better, reduce the cost of goods, allow for my GP$ for the reps to make better commissions, yeah, right BS! all that money went to earned income or to corporate, the sales team didn't benefit at all, and in some situations pricing cost went UP! go figure,..  another Pepsi flop, so guess what, oh, crap, we've spent billions and billions of dollars that didn't pan out, we moved to things that had nothing to due with Food Service (HELLO, their Bread & Butter) and the stock price has dropped... oh dear, how am I going to justify myself as a high paid corporate person, and try to get another increase in pay and more stock for myself, .... I've got it, I will decrease the amount of commissions paid to the rep, they will have to sell 2x as much to make close to what they were making, then regardless of how well the DSMs and Regional mgrs do, we will on their yearly reviews, we will only give them 1-2% cost of living raise, oh, and lets start eliminating and downsizing more positions at the OPCO level AND we will increase our equities on items so that the OPCO and Corp make more money even though it made the rep less competitive and less commissions. What was the answer to that, "well Mr MA and Mr. DSM, you just need to enter a Deal Manager request on that item and then LEVERAGE for the rest of the business, the problem is that the MAs were having to put Deal Manager deals in for 10-15 items per customer just to keep the business they had ...  so some genius that was to have the #2 drink company take over and run the #1 food company ... IDIOTS! but thats ok, those of us who got smart and moved on to other companies have seen the light, greener pastures and with less BS, and greener paychecks, less stress, better quality of life ... So Sysco, keep up the "Good Things", as they are making the rest of us look GREAT! 










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Reply with quote  #9 
Don't forget one of the biggest cancers inside the Sysco machine Mr. Nelson Peltz

Nelson Peltz

Chief Executive Officer and a Founding Partner of Trian Fund Management, L.P.

Mr. Peltz has more than 40 years of business and investment experience and over 20 years of service as the Chairman and Chief Executive Officer of public companies. Mr. Peltz has developed extensive experience working with management teams and boards of directors, and in acquiring, investing in and building companies and implementing operational improvements at the companies with which he has been involved. As a result, he has strong operating experience and strategic planning skills and has strong relationships with institutional investors, investment banking and capital markets advisors and others that can be drawn upon for the Company’s benefit. Mr. Peltz has also gained extensive experience in the foodservice industry through his service on the boards of directors of H.J. Heinz Company, Mondelēz International, Inc. and The Wendy’s Company.  Mr. Peltz was recognized by the National Association of Corporate Directors in 2010, 2011 and 2012 as among the most influential people in the global corporate governance arena.

https://www.marketwatch.com/story/nelson-peltzs-trian-fund-discloses-421-million-share-stake-in-sysco-2015-08-14

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laser

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Reply with quote  #10 
So, let's start with new logo and slogan. That came from Rick Schneiders, a Memphis boy. SAP and category management began under Bill DeLaney, who said something like if Sysco did not do these things, they would be left behind in the new world of foodservice distribution and might not survive. The irony of that whole scenario was that SAP might have done just that if they had implemented it throughout the entire company.  I agree with Investigator that Nelson Peltzz was the driving force behind much of these other things. The eX Pepsi guys were brought to mainly carry out a lot of this. One of the Triad group is an ex Pepsi executive who it appears might have brought the first of these folks in. I'm not totally disagreeing with you, cabbage peddler, just offering a little different perspective.
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Reply with quote  #11 
Nelson Peltz took over DWG from mobster Victor Posner who had taken over Arby's and RC Cola in a hostile takeover. DWG the Posner company used as the takeover vehicle was changed to Triac run by Nelson Peltz and Peter May. 

So Peltz is just an extension of the same old criminal networks that dug their tentacles deep into food and beverage companies. But these guys are running Sysco now. 

MIAMI (AP) _ Financier Victor Posner resigned Friday as chairman and chief executive of DWG Corp. after selling half his stake to a group of New York investors.

 

DWG is the parent company of Arby’s Inc. and Royal Crown Cola. Posner sold half his controlling 46.2 percent share of common stock, nearly 12 million shares, for $71.7 million, and exchanged the other half for non-voting stock worth an additional $71.7 million, DWG said in a news release.

 

Posner’s son, Steven Posner, will remain vice chairman of the board, but DWG will be controlled by New York investors Nelson Peltz and Peter May through their limited partnership, DWG Acquisition Group.

 

The deal should settle a civil case in Cleveland involving Posner and Granada Investments, a New York investment company that failed in a 1989 hostile takeover bid for DWG.

 

The sale is still subject to approval by DWG shareholders, government regulators, DWG, some of its subsidiaries refinancing debt, and dismissal of the federal court case in Cleveland, DWG said.

 

Granada, a minority shareholder in DWG, wanted Posner held in contempt for allegedly violating a 1991 court order settling a dispute.

 

Granada originally contended that Posner drained DWG of assets to benefit himself, his family and friends. Granada claimed Posner violated the settlement by dismissing outside directors named by Judge Thomas D. Lambros and by misrepresenting the company’s financial situation to stockholders.

 

DWG Acquisition Group was formed for the purpose of acquiring the holding company by Peltz and May. Peltz began negotiating with Posner earlier this year through Trian Group, another New York-based limited partnership.

 

DWG finished Friday on the American Stock Exchange at $11.37 1/2 , up 12 cents a share

 

Posner’s empire has been crumbling since 1985, when it was valued at $4 billion and Business Week magazine ranked him as the nation’s highest-paid executive with an annual salary of $12.7 million.

 

Several of his holdings subsequently asked for bankruptcy court protection, and Posner pleaded no contest to income tax evasion in 1987. He was placed on five years probation and ordered to contribute $3 million and 5,000 hours to help the homeless.

 
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Reply with quote  #12 
Read what the courts said about Posner's DWG back in 1992. The court describes DWG as "an intricate web of 150 subsidiaries". But this intricate web of money laundering is what is controlling Sysco right now via Nelson Peltz and Peter May.

DWG Corporation is an important component of the national economy. DWG is a holding company; it is at the apex of an intricate web of nearly 150 subsidiaries and several hundred affiliates. DWG provides jobs to 17,000 individuals. One of DWG's subsidiaries, Arby's, has over two thousand franchises and 44,000 employees. Another of its subsidiaries produces RC Cola, Nehi, and other popular soft drinks. DWG's common shares are held by 5,000 investors. The company's stock, roughly 25,000,000 shares, is traded on the American Exchange.

DWG has been engaged in a series of disputes that charge that the corporation is run for the sole personal benefit of Victor Posner, his family, and close associates. See, e.g. In re. Sharon Steel, 871 F.2d 1217 (3d Cir. 1989) and Joseph E. Kovacs, et al. v. NVF Co., et al., (Delaware Court of Chancery, Civil Action No. 8466), 1987 WL 17042.

Further the court decides to grant Peltz and May control of this mob owned money laundering outfit then known as DWG



Acquisition of control position by the DWG Acquisition Group, L.P., a Delaware limited partnership in which the general partners  are Messrs. Nelson Peltz and Peter May was a better option than stripping control from Victor Posner and installing an interim governing body that would have been distracted by the delay of appeals and continued litigation. The change of control contemplated by the transaction proposed by Messrs. Peltz and May, constitutes a remedial equivalent to the relief sought by Plaintiffs in these actions. Accordingly, given the practical effect this change of control will have upon DWG's corporate governance, approval of the settlement was granted and the claims advanced by the parties have been dismissed.

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