DOCSLIB.ORG

2013 Annual Report R N E D

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2013 Annual Report R N E D CREATIVE Y/ OG OL S DISCOVERY CO N ND N H RE CE EC T H DE PT T ET RC SI K EA GN AR ES M R SIGHT ND IN S G A IN R E P U C R R T N O A T C A S O P A M I ID F M D T R N Y U E E O T O P N F I A I S N A R Y T T E S G M A I P O R N E D T E I M S A I G T N I N E N R A O I E I H A T N C L A G R S Y I N L C G P E E I E E P T N R U N I C I S I N N E G T / N I E N C R O O I S N A T T R Y O S C N O T U I R T E F L E M I I V N B M E O N G A A R N I I S IN R A E K N A E D D T T S U IN S G INTE ION GRAT S T S T ES CE N TI RO E 2013 Annual ReportNG P M OP EL GRAPHICS DEV MANAGEMENT TM About the cover Our goal is to become a solutions company that just happens to offer packaging, versus a packaging company that offers multiple solutions. There is a distinct difference between these two approaches and we believe that difference creates an opportunity for accelerated growth. In 2013, Sonoco started assembling its unequalled range of pack- aging products and services, combining a broad spectrum of CREATIVE technical capabilities and a unique, formalized process for Y/ innovation we call the i6 Innovation Process™. This busi- OG OL S DISCOVERY CO N ND N ness model is truly unparalleled in the markets we serve H RE CE EC T H DE PT and should allow us to fulfill our purpose of providing T ET RC SI K EA GN our customers with innovative packaging solutions AR ES M R SIGHT that enhance their businesses and brands. ND IN S G A IN R E P Segment modification in 2014 U C R R T N O A T Effective Jan. 1, 2014, Sonoco Alloyd, a leader C A S O P A M I ID F M D T in retail packaging and part of the Com- R N Y U E E O T O P pany’s Protective Solutions segment, will N F I A I S N A R Y T T E S G be reported as part of the Display and M A I P O R Packaging segment, the Company’s con- E N D sumer-focused, point-of-purchase retail T E I M S A I merchandising display and packaging ful- G T N I N E N fillment unit. Sonoco Alloyd’s 2013 finan- R A O I E I H A T N cial and operational results are reported C L A G R S in this Annual Report in the Protective Y I N L C G P E E I Solutions segment. E E P T N R U N I C I S I N N E G Forward-looking statements T / N Statements included in this 2013 Annual I E N C R O Report that are not historical in nature, O I S N A T T R Y are intended to be and are hereby indenti- O S C N O T U I R T E F L fied as “forward-looking statements” for E M I I V N B M E O purposes of the safe harbor provided by N G A A R N I I S IN Section 21E of the Securities Exchange Act R A E K N A E D D T of 1934, as amended. Additional information T S U IN S about “forward-looking statements” is available G I on page 3 of the enclosed Form 10-K and on the NTEGRATION S Company’s website at sonoco.com. T S T ES CE N TI RO E NG P PM LO 1 Financial Highlights GR S VE APHIC DE 2 Sonoco at a Glance MANAGEMENT 4 Letter to Shareholders 8 360° Customized Solutions™ 10 Operations Review 24 Board of Directors 26 Corporate Officers Form 10-K 27 Shareholder Return Comparison 28 Selected Eleven-year Financial Data 30 Investor Information 31 General Information Financial Highlights net sales billions of dollars Comparative Highlights 4.79 4.85 $5.00 Dollars and shares in thousands except per share data. Years ended December 31. 4.12 4.50 3.60 3.75 2013 2012 2.50 Net sales $4,848,092 $4,786,129 1 1.25 Gross profit 873,504 843,632 Net income attributable to Sonoco 219,113 196,010 Return on total equity 13.9% 13.2% Total assets 3,979,291 4,176,065 Return on net assets2 8.7% 7.7% gaap earnings per share Diluted earnings per share: dollars GAAP net income 2.12 1.91 2.13 2.12 $2.20 1.96 1.91 Base earnings3 2.30 2.21 1.50 1.65 Ending common stock market price 41.72 29.73 1.10 Number of employees 19,900 19,900 Number of common shareholder accounts 63,600 50,000 .55 2009 2010 2011 2012 2013 1 Gross profit: Net sales minus cost of sales 2 Return on net assets: Net income plus after-tax net interest, divided by the net of average total assets, minus average cash, minus average current liabilities, plus average short-term debt net income 3 Net income adjusted for certain items further detailed on page 18 of the Form 10-K attributable to sonoco millions of dollars 217.5 219.1 $220 201.1 196.0 151.5 165 110 55 2009 2010 2011 2012 2013 Guiding Business Differentiating Financial Mission Principle Priorities Capabilities Objectives Become the Be a great company I Maximize sustain- I Ideation and I Achieve average acknowledged for our stakeholders able cash flow from innovation annual double-digit total leader in high- through an unwa- operations return to shareholders Insights and quality, innovative, vering belief that I Grow our Consumer market alignment value-creating “People Build I I Achieve return on Packaging and capital and equity in top packaging solutions Businesses” by I Quality and Protective Solutions quartile of the Standard that “Satisfy the doing the right thing. service excellence segments and our Customer.” & Poor’s 500 Index industrial businesses I Manufacturing I Maintain investment- in emerging markets excellence grade credit rating I Optimize the portfolio I Supply chain excellence 1 Sonoco at a Glance Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and display and packaging services. Consumer Packaging Products and Services: Round composite cans, shaped rigid paperboard containers, fiber caulk/adhesive tubes; aluminum, steel and peelable membrane easy-open closures for composite and metal cans; plastic bottles, jars, jugs, cups and trays; printed flexible packaging, rotogravure cylinder engraving, global brand management Display and Packaging Products and Services: Point-of- Markets: Snacks, nuts, cookies, crackers, hard-baked purchase displays, custom packaging; goods, desserts, candy, gum, frozen concentrate, powdered fulfillment, primary package filling, and liquid beverages, non-carbonated beverages, ready-to- supply chain management; paperboard drink products, powdered infant formula, coffee, specialties refrigerated dough, frozen entrees, processed food, vegetables, fruit, seafood, poultry, soup, pasta, dairy, Markets: Automotive, beverages, candy, sauces, dips, fresh-cut produce, pet food, home and electronics, personal care, baby care, food, personal care, adhesives cosmetics, fragrances, hosiery, office supplies, toys, home and garden, medical, over-the-counter drugs, sporting goods, hospitality industry, advertising 2 With annualized net sales of approximately $4.9 billion, the Company has nearly 19,900 employees working in 335 operations in 33 countries, serving many of the world’s best-known brands in some 85 nations. Paper and Industrial Converted Products and Services: Recycled paperboard, chipboard, tubeboard, light-weight corestock, boxboard, linerboard, corrugating medium, specialty grades; paperboard tubes and cores, molded plugs, Protective Solutions reels; collection, processing and recycling of old Products and Services: Highly corrugated containers, paper, plastics, metal, glass engineered, custom-designed protective, and other recyclable materials temperature-assurance and retail security packaging solutions Markets: Converted paperboard products, spiral winders, beverage insulators, construction, film, Markets: Consumer electronics, flowable products, metal, paper mills, shipping and automotive, appliances, medical devices, storage, tape and label, textiles, wire and cable, temperature-sensitive pharmaceuticals municipal, residential, customers’ manufacturing and food, heating and air conditioning, and distribution facilities office furnishings, fitness equipment, promotional and palletized distribution 3 To Our Shareholders In 2013, we delivered on many of our financial, opera- tional and strategic commitments, while launching an effort to re-envision Sonoco to achieve future acceler- ated growth. We delivered record sales, gross profits and cash flow from operations in 2013, while free cash flow more than doubled. Despite a recession in Europe, slowing M. Jack Sanders, President and Chief Executive Officer emerging markets and higher pension and operating costs, Sonoco’s base earnings grew nearly 5% to the difference between these two approaches and we third highest level in Company history. We signif- believe this difference creates an opportunity for icantly strengthened our balance sheet by reducing accelerated growth.
Load more

Recommended publications
  • DRIVELINE RETAIL SOLUTIONS Confidential
    DRIVELINE RETAIL MERCHANDISING IN-STORE INSTRUCTIONS Confidential-LI Client: Multiple Retailer & Number of Stores: DG / 12,545 Stores Project: Holiday Air Care Endcap Set-Up (Nov MAG) In-store, Plan Prep & Reporting Time: 60 minutes Project #: 1025502 Field Support Hotline: 1-888-824-7505, Ext. 6 Dates: 10/24/16 – 10/28/16 Product Line & Dept: Holiday Air Care Project Materials: On the Web Shipped to the Store . In-Store . Six (6) green shelf strips from the November Guide Strips packet for the Holiday Air Care Instructions 2 Endcap – shipped in the 10/4 DG Fulfillment . Letter of . Adhesive price labels for the Holiday Air Care Endcap 2 from the “Monthly Activity Guide Authorization Labels November 2016 – Part 1 – October 28 – W39/November 4 – W40” packet – shipped in the 10/4 DG Fulfillment . “Febreze Headers” package containing (2) signs – shipped in the 10/18 DG Fulfillment . Eight (8) Holiday Air Care PDQ Trays - These were shipped through the DG DCs and labeled “Hold for Driveline Air Care” Objective: Set up the new Holiday Air Care Endcap per the November Monthly Activity Guide In-Store Tasks: Step 1: Locate Materials 1. Work with the MOD to locate the following items: A. Six (6) green shelf strips from the November Guide Strips packet for the Holiday Air Care 2 Endcap – shipped in the 10/4 DG Fulfillment B. Adhesive price labels for the Holiday Air Care Endcap 2 from the “Monthly Activity Guide Labels November 2016 – Part 1 – October 28 – W39/November 4 – W40” packet – shipped in the 10/4 DG Fulfillment C.
    [Show full text]
  • Supply Chain Packaging Guide
    Secondary Packaging Supply Chain Standards July 7, 2021 Business Confidential | ©2021 Walmart Stores, Inc. 177 // 338 Secondary Packaging Supply Chain Standards - Update Summary These standards have included multiple clarifications of what is required and what is NOT ALLOWED. These changes have been updated throughout the published standards to provide clarity to suppliers. The pages have been reorganized to provide a better flow. PAGE 2021 UPDATES Changes to Supply Chain Standards 185 SQEP Phase 2 and Phase 3 Defect Description/Definitions Added 202 General Case Markings Updated for Dates, Unprocessed Meats, and Cylindrical Items 210-213 Updated Pallet Standards 218 Update "Palletized Shipments" to "Unitized Shipments" 227 Add Inbound Appointment Scheduling Standard 228 Update TV Test Standards 235-237 Add Direct Store Delivery (DSD) aka Direct To Store (DTS) Standards 239 Update SIOC Standards 240 Add eCommerce Product Specific Requirement Standards 241-244 Add Drop Ship Vendor (DSV) Standards 268 Add Jewelry Distribution Center Standards 269-271 Add Optical Distribution Center Standards 275 Add Goods Not For Resale (GNFR) Standards 277-278 Update Meat/Poultry/Seafood Case and Pallet Label Standards 284 Add HACCP Pallet Placard for GCC Shipments 311-312 Add Frozen Seafood Carton Marking Requirements Appendix D Update Receiving Pulp Temperature Range Business Confidential | © 2021 Walmart Stores, Inc. The examples shown are for reference only. Supply Chain Standards 178 // 338 Table of Contents Supply Chain Stretch Wrap . 219 Produce Shipments . 280 Contact Information . 179 Trailer Loading . 220 Automated Grocery Handling . 281 Walmart Retail Link Resources . 180 Trailer Measurements. 221 Grocery Import Distribution Center (GIDC) . 282 Walmart Distribution Center Overview .
    [Show full text]
  • Vendor Authorization
    Vendor Authorization To: Store Managers From: Space Planning Date: September 2016 This letter is to inform Dollar General Store Management that the Driveline Retail Merchandising Representative presenting this letter is authorized to take the following actions in your store between September 26th and October 7th: Hi, my name is _______________________________________________. I am your Driveline Rep. (Driveline Rep – print your first and last name) Today is _______________ (day & date) and the time is __________________. Holiday Air Care Endcap Set-Up (October MAG): Driveline Responsibilities: Work with the MOD to locate the following items: o Header Sign, shelf strips, & adhesive price labels from the 8/30 fulfillment: . One (1) “Glade Endcap Header” package containing the header sign . Six (6) shelf strips from the October Guide Strips packet for the Holiday Air Care Endcap . Adhesive price labels for the Holiday Air Care Endcap from the “Monthly Activity Guide Labels October 2016 – Part 1 – September 30 – W35/October 7 – W36” packet o Six (6) Holiday Air Care PDQ Trays . These were all shipped through the DG DCs and labeled “Hold for Driveline Air Care Displays” Work with the MOD to determine the correct endcap location per the store layout information provided below and in the October Monthly Activity Guide. This endcap is labeled “M CLEAN B: HOLIDAY AIR CARE” in the October MAG. M Clean B: Holiday Air Care Location by Store Format – October MAG The locations noted below are prototypical only. Work with the Manager for actual placement.
    [Show full text]
  • Jorge E. Corredor Platforms, Sensors and Systems
    Jorge E. Corredor Coastal Ocean Observing Platforms, Sensors and Systems Coastal Ocean Observing Frontispiece: Tropical Ocean Observing Art courtesy of Mr. Mark Sabino, member of the CariCOOS Board of Directors Jorge E. Corredor Coastal Ocean Observing Platforms, Sensors and Systems Jorge E. Corredor Department of Marine Sciences (retired) University of Puerto Rico Mayagüez, Puerto Rico ISBN 978-3-319-78351-2 ISBN 978-3-319-78352-9 (eBook) https://doi.org/10.1007/978-3-319-78352-9 Library of Congress Control Number: 2018939416 © Springer International Publishing AG, part of Springer Nature 2018, corrected publication 2018 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made.
    [Show full text]
  • CMS Technical Design Report for The
    CERN-LHCC-2014-NNN CMS-TDR-MMM 2 ISBN 978-92-9083-396-3 1 23 June 2014; Draft V02-00 3 CMS TECHNICAL 4 DESIGN REPORT 5 FOR THE MUON 6 ENDCAP UPGRADE: 7 GE1/1 - THE STATION 1 8 GEM PROJECT 9 This report describes the technical design and outlines the expected performance of the Phase 2 Upgrade of the CMS Muon System with Gas Electron Multiplier (GEM) detectors to be installed in the first endcap station during the 2nd LHC Long Shutdown (LS2). After LS2, the LHC luminosity and pileup level will be double the design value. The upgrade is designed to improve the muon trigger and tracking performance at high luminosity, and to add redundancy to the muon system in the 1.6 < jhj < 2.4 region, where the number of muon hits is actually least, while the background rates are highest and the muon trajectory bending is reduced. GEM detectors have been identified as a suitable technology to sustain the specific high radiation environment in that region. The first muon endcap station will be instrumented in the aforementioned h region with a double layer of triple-GEM chambers. The chamber front-end elec- tronics is based on the digital VFAT3 chip and provides fast input for the level-1 muon trigger and full granularity information for offline muon reconstruction. The expected performance of the muon system after this upgrade is discussed, including a study of some benchmark physics channels. The planning for the detector construction, testing, integration into CMS is presented, including the project schedule, cost and organization.
    [Show full text]
  • Roundys Supermarkets, Inc P.O. Box 473 Milwaukee, Wi
    312'-0" GENERATOR LIGHT BUG REC DESK COMPACTOR BUG LIGHT PALLET 8" X 12' TUBE TRUCK SAUSAGE STUFFER SANITATION SPRINKLER SATATION 24' MODIFLEX 16' MEAT SUPPLIES 16' LOCKING LIQUOR CART BALER 36' MODIFLEX 4' FISH MOVABLE 16' PRODUCE SUPPLIES 16' BAKERY SUPPLIES SELF CONTAINED MACHINES WATER STATION MIXER/ EYEWASH SMALL GRINDER 4' TABLE SOFTNER GRINDER ( NO POWER NEEDED ON THE WALL FOR THIS CASE) GROCERY FREEZER SAW 4' MOBILE TABLE MEAT MILK CRATE STORAGE 15'-0"X49'-2"X10'-4" MEAT COOLER 440 SQFT PREP 28'-0" X 16'-6" X10'-4" HIGH 1029 SQFT 432 SQFT WALL COAT CLOCK MIRROR 6' TABLE SERILOX 24' MODIFLEX SHELVING MIRROR SINK MIZER TENDERIZER RACK REF. 32' MODIFLEX STATION 6' TABLE FOOD PREP SANITATION SPACE BREAKROOM MICRO. W S R MGR TOWELS RAMP UP FLAT SCREEN TV TIME DRYER COUPE ROBOT MIZER HAND COMPUTER 60' MODIFLEX STEAMER REF TABLE ICE CREAM FREEZER ICE TOP 8' MEAT LINENS PRODUCE PREP PRODUCE COOLER MILK CRATES BATHROOM STOOLS FISH SINK UNISEX MAKER 6' TABLE WRAPPER 500 SQUARE FEET 15'-0"X15'-0"X10'-4" EGG RACK 32'-4" X15'-0" X10'-4" CAN 4' TABLE 6' TABLE 6' TABLE 201 SQFT FOOD PROCESSOR STORAGE 421 SQFT GARBAGE 6' TABLE 102 SQFT 3' HOOD PINEAPPLE 12'-6" X 71'-2" X 10'-4" 12' MODIFLEX 12' MODIFLEX 8' MODIFLEX DRY PRODUCE STORAGE CORER RAISED FLOOR FLORAL COOLER DAIRY COOLER W/ 25 DOORS COUNTER 6' TABLE JUICER DUPLEX MIZER TIME 35. 15'-0"x7'-10"x10'-4" 12' MODIFLEX SAW TABLE 832 SQFT 4 DWR FILING TABLE TOP TOP 4 DWR FILING JUICER METRO 32' MODIFLEX SHELVING LOCKERS 6' TABLE SCALE 8' MODIFLEX MARINATER LIGHT WRAPPER BUG FILING SCALE GRILL CART BULLETIN BOARDS LATERAL CABINET COPIER SCALE 20' SERVICE MEAT 4 BURNERS 34.
    [Show full text]
  • Dot-Awards.Comdot-Awards.Com
    20162016 dot-awards.comdot-awards.com In conjunction with: Sponsored by: Congratulations to everyone who participated in the 2016 Design of the Times Awards Competition. The entries in each of the eight retail channels – consumer electronics, convenience, drug, home/hardware, mass merchandisers, specialty, sporting goods and supermarket/grocery – have been judged and the winners have been chosen. Here is a list of the gold, silver and bronze winners, plus the prestigious platinum awards and the coveted "Best of the Times" honor. All of these in-store activations were on display in the Design of the Times Gallery on the show floor of the Path to Purchase Expo. JUDGING PROCESS The first round of judging took place on July 14, 2016 in Chicago, IL. Hundreds of entries were evaluated on how well they met the 4C's of Effective In-Store Activation (Command attention; Connect with the shopper; Convey information; and Close the sale) and on how well they met their objective. Each entry was scored on a scale of 1-10 and finalists were chosen based on average points totals. The second round of judging was held Sept. 20, 2016 in the Gallery at the Path to Purchase Expo. The finalist with the top average score in each individual or combined retail channel(s) received platinum status, and the highest overall score was awarded "Best of the Times" for 2016. 2016 DESIGN OF THE TIMES JUDGES Thank you to these executives for their dedication and commitment to the Design of the Times Competition. ACCO Brands Gared Sports Newell Brands Sourcebooks Inc.
    [Show full text]
  • Hardware & Supply
    Catalog 12 HaRDWaRE & SUPPlY IMS ORNAMENTAL STEEL 1425 English Street NW Atlanta, GA 30318 Toll Free Number: (800) 833-9175 Phone Number: (404) 577-5005 Fax Number: (404) 419-3490 Email: [email protected] www.imsornamental.com Stocking a Complete Line of • Gate Hardware CONTENTS • Ornamental Metal 1 - 3 Aluminum Castings • Paints • Welding & Shop Supplies 4 - 22 Decorative Metal Bars | Finials 23 - 26 Shoes, Bases & Collars Decorative Metal Elements Convenient Will Call 27 - 33 Location to Serve You 34 - 84 Scrolls | Panels | Balusters | Posts 85 - 120 Gate & Door Hardware | Hinges | Fasteners 121 - 130 Brackets, Fittings & Channel | Stair Components 131 - 149 Cast Iron 150 - 151 Power Tools 152 - 166 Welding Supplies 167 - 171 Abrasives | Drilling Accessories 172 - 176 Clamp & Vice | Measuring Tools 177 - 180 Hand Tools | Misc Shop Supplies 181 - 185 Paint & Supplies 186 - 190 Index Alumium Ornamental Castings Picket Castings (WITH STEEL WELDING TABS) FITS 1/2” PICKETS H. 16-7/8” H. 14-5/8” W. 7-3/4” H. 13-1/4” H. 14-1/2” H. 13-3/4” W. 6-7/8” WT. 0.75 lbs. W. 7-1/4” W. 7-3/4” W. 7-1/4” WT. 0.75 lbs. For 1/2” picket For 3/4” picket WT. 0.75 lbs. WT. 0.75 lbs. WT. 0.75 lbs. Single Faced Single Faced Single Faced Single Faced Single Faced Single Faced ITEM# ITEM# ITEM# ITEM# ITEM# ITEM# AC1 AC2 AC234 AC3 AC4 AC5 H. 3-3/4” W. 3-3/4” WT. 0.25 lbs. Single Faced ITEM# H. 11-7/8” H.
    [Show full text]
  • Scintillation Detectors in Nuclear and High-Energy Physics - Based on Inorganic Scintillators - R
    Scintillation Detectors in Nuclear and High-Energy Physics - based on inorganic scintillators - R. W. Novotny 2nd Physics Institute, University Giessen BaF2 • short history • what is required and what can be provided? • basic properties of scintillators • particle detection PWO • energy measurement • particle identification/discrimination • time-of-flight • pulse-shape analysis • phoswich technique CeF3 LYSO • photon/electron detection • low energy • calorimetry • outlook into near and far future history of scintillators SrI2:Eu 1968/2008 LSO:Ce,Ca 2007 LuI3:Ce 2003 LaBr3:Ce 2001 LYSO:Ce 2001 LuYAP:Ce 2001 LaCl3:Ce 2000 LuAP:Ce 1994 LSO:Ce 1982 Invention of the photomultiplier tube ZnS CdWO4 Late 1800s …. BaPt(CN)4 M. J. Weber, J. Lumin. 100 (2002) 35 discovery and development of new scintillator materials are strongly correlated with basic research and technology in physics ... historical development: • 1895 discovery of X-rays tilting table for fluoroscopy, Paris 1896 • 1896 natural radioactivity low energetic probes of a few MeV • 1931 Van de Graaft - generator ( TANDEM) linear accelerator principles: HF-resonators cyclotron energy of reaction products increases according to the available bombarding energy: MeV TeV investigations in nuclear, medium and high energy physics • near Cb -barrier: nuclear excitations, „binary“ reactions single particle or photon detection • near Fermi-energy: high excitations, DIC, multi-fragmentation multi-particle production, high photon multiplicities • medium ... relativistic energies: study of hot and
    [Show full text]
  • Oral, Parenteral, and Vaginal Dosage Forms for Prevention of HIV/Stis and Unplanned Pregnancy
    polymers Review Multipurpose Prevention Technologies: Oral, Parenteral, and Vaginal Dosage Forms for Prevention of HIV/STIs and Unplanned Pregnancy Isabella C. Young 1 and Soumya Rahima Benhabbour 1,2,* 1 Division of Pharmacoengineering and Molecular Pharmaceutics, UNC Eshelman School of Pharmacy, University of North Carolina at Chapel Hill, Chapel Hill, NC 27599, USA; [email protected] 2 Joint Department of Biomedical Engineering, North Carolina State University and The University of North Carolina at Chapel Hill, Chapel Hill, NC 27599, USA * Correspondence: [email protected]; Tel.: +1-(919)-843-6142 Abstract: There is a high global prevalence of HIV, sexually transmitted infections (STIs), and un- planned pregnancies. Current preventative daily oral dosing regimens can be ineffective due to low patient adherence. Sustained release delivery systems in conjunction with multipurpose prevention technologies (MPTs) can reduce high rates of HIV/STIs and unplanned pregnancies in an all-in-one ef- ficacious, acceptable, and easily accessible technology to allow for prolonged release of antivirals and contraceptives. The concept and development of MPTs have greatly progressed over the past decade and demonstrate efficacious technologies that are user-accepted with potentially high adherence. This review gives a comprehensive overview of the latest oral, parenteral, and vaginally delivered MPTs in development as well as drug delivery formulations with the potential to advance as an MPT, and implementation studies regarding MPT user acceptability and adherence. Furthermore, Citation: Young, I.C.; Benhabbour, there is a focus on MPT intravaginal rings emphasizing injection molding and hot-melt extrusion S.R. Multipurpose Prevention manufacturing limitations and emerging fabrication advancements.
    [Show full text]
  • Module 1: the Importance of Merchandising
    Module 1: The Importance of Merchandising Merchandising, or how products are displayed in the store, plays a critical role in the overall success of your business. After all, when customers come into your store, you want them to buy. Effective merchandising is a tool that gets them closer to that purchase decision. But having effective merchandising demands discipline and planning. It’s hard work. You must pay attention to detail on a daily basis. You also must realize that many of your competitors have effective merchandising. That means your customers are used to seeing it, so they expect it from you, too. In this course, we’ll discuss the techniques and best practices that make up an effective merchandising strategy. We’ll begin by talking about why merchandising is so important. Merchandising makes several important contributions to your store. It increases sales by making a store appealing to your customers. It improves profitability by generating more margin dollars. It controls costs by improving the productivity of the salesfloor as well as each employee. Appeals to Customers • Good merchandising makes shopping easier for customers and gives them reasons to come back often and spend more money. Remember that many consumers may not consider shopping fun. A merchandiser’s goal is to take the hassle out of shopping and make it easier. • Good merchandising can also create customer loyalty. Consumers shop where they feel certain they can find the merchandise they want. They will be loyal to your store if you can create a pleasing shopping experience and provide what they need.
    [Show full text]
  • To Tap the Hidden Power of the Frozen Food Aisle
    5 WAYS to Tap the Hidden Power of the Frozen Food Aisle onsumers tend to have a complicated relationship with frozen foods. They rely on frozen fare for a convenient shortcut when Cschedules are tight—but they may feel guilty for not whipping up a meal from scratch using fresh foods. They reach for frozen favorites to quickly satisfy an off-hours craving—yet they question the health and quality quotient of many frozen items. It all adds up to a category fraught with unique challenges, as well as undeniable strengths and opportunities that manufacturers and grocery retailers can work together to leverage and monetize. 2 TAP THE HIDDEN POWER OF THE FROZEN FOOD AISLE “It’s important to understand shoppers’ [frozen] usage and shopping habits so retailers and manufacturers can work together to reinvigorate that part of center store.” — David Lundahl, CEO of InsightsNow versatility of frozen certainly appeals to parents, adults-only households are just as likely as households with children to purchase frozen foods and to say they will continue purchasing frozen foods in the future.2 Frozen food consumption habits are also often linked to life events.3 For example, a new job can bring about stress, unpredictable hours and a shift in the routine. As a result, those with new jobs are more likely than average to take advantage of frozen foods’ convenience and taste benefits,4 Convenience has always been one of the primary drivers of suggesting that consumers in the throes of a big life change this major $22 BILLION CATEGORY (including dinners/ are prime candidates for boosting frozen food purchases.
    [Show full text]