Sharing an effective operational structure FOCUS In 2009 we launched Delhaize America which created a common human resources, accounting, finance and IT-platform across our U.S. banners. In 2011, we further ramped up supply chain and added category management to continue the process of creating a single platform. This change allows Delhaize America to support all of its banners with assortment and promotions, planning and execution, sourcing and procurement, private brand management and pricing expertise. The results of 2011 make us believe that we will be able to exceed our previously announced target of EUR 500 million in gross annual cost savings by the end of 2012. A SHARED SERVICE STRUCTURE: WHY? 18 DELHAIZE GROUP ANNUAL REPORT '11 A shared services struc ture creates consistent processes and programs for support functions and systems that will allow for: Faster implementation and adoption of best practices Elimination of duplicate efforts Ongoing focus on meeting local con sumer needs Faster acquisition integration

Jaarverslagen | 2011 | | pagina 20