https://www.avient.com/sites/default/files/2022-02/ColorMatrix Triple A Brochure.pdf
ColorMatrix’s Triple A™ scavenging technology is engineered to minimize and control AA levels during PET processing and during the life of the product.
ColorMatrix will recommend the best use rate depending on the expected level of AA following processing, storage conditions and the final desired AA level in the packaged product.
https://www.avient.com/sites/default/files/2020-10/wire-cable-1-pager.pdf
Specialty Engineered Materials Wire & Cable Avient is here to help you consistently meet your flame retardant wire & cable product specification challenges head on.
With on-time delivery as a standard and additional technical assistance when needed, Avient experts can provide support in selecting the best material for your application.
https://www.avient.com/sites/default/files/resources/TRA%2520-%25202016%2520Annual%2520Report%2520for%252017%2520Tideman.pdf
lang=En&n=FD9B0E51-1 https://ec.ss.ec.gc.ca/auth/en/Services about:/ about:/ about:/ General Information Substance List CAS RN Substance Name Releases Releases (Speciated VOCs) Disposals Recycling Unit NA 01 Antimony (and its compounds) 0.0004 N/A N/A N/A tonnes NA 02 Arsenic (and its compounds) 0.0007 N/A N/A N/A kg 103231 Bis(2ethylhexyl) adipate 0.0106 N/A N/A N/A tonnes 117817 Bis(2ethylhexyl) phthalate 0.0283 N/A N/A N/A tonnes 85687 Butyl benzyl phthalate 0.0008 N/A N/A N/A tonnes NA 14 Zinc (and its compounds) 0.0000 N/A N/A 0.0002 tonnes Applicable Programs CAS RN Substance Name NPRI ON MOE TRA ON MOE Reg 127/01 First report for this substance to the ON MOE TRA NA 01 Antimony (and its compounds) Yes NA 02 Arsenic (and its compounds) Yes 103231 Bis(2ethylhexyl) adipate Yes 117817 Bis(2ethylhexyl) phthalate Yes 85687 Butyl benzyl phthalate Yes NA 14 Zinc (and its compounds) Yes Position: EHS Manager Telephone: 5192150535 Email: brian.greer@polyone.com Contact Type Certifying Official Name: Najat Kamal Position: EHSQ specialist Telephone: 5148089920 Email: najat.kamal@polyone.com Number of employees: 45 Activities for Which the 20,000Hour Employee Threshold Does Not Apply: None of the above Activities Relevant to Reporting Dioxins, Furans and Hexacholorobenzene: None of the above Activities Relevant to Reporting of Polycyclic Aromatic Hydrocarbons (PAHs): Wood preservation using creosote: No Is this the first time the facility is reporting to the NPRI (under current or past ownership): No Is the facility controlled by another Canadian company or companies: No Did the facility report under other environmental regulations or permits: No Is the facility required to report one or more NPRI Part 4 substances (Criteria Air Contaminants): No Was the facility shut down for more than one week during the year: No Operating Schedule Days of the Week: Mon, Tue, Wed, Thu, Fri Usual Number of Operating Hours per day: 24 Usual Daily Start Time (24h) (hh:mm): 00:00 General Information about the Substance Releases and Transfers of the Substance CAS RN Substance Name Was the substance released onsite The substance will be reported as the sum of releases to all media (total of 1 tonne or less) 1 tonne or more of a Part 5 Substance (Speciated VOC) was released to air NA 01 Antimony (and its compounds) Yes Yes No NA 02 Arsenic (and its compounds) Yes No No 103231 Bis(2ethylhexyl) adipate Yes Yes No 117817 Bis(2ethylhexyl) phthalate Yes Yes No 85687 Butyl benzyl phthalate Yes Yes No NA 14 Zinc (and its compounds) Yes No No General Information about the Substance Disposals and Offsite Transfers for Recycling CAS RN Substance Name Was the substance disposed of (onsite or off site), or transferred for treatment prior to final disposal Is the facility required to report on disposals of tailings and waste rock for the selected reporting period Was the substance transferred offsite for recycling NA 01 Antimony (and its compounds) No No No NA 02 Arsenic (and its compounds) No No No 103231 Bis(2 ethylhexyl) adipate No No No 117817 Bis(2 ethylhexyl) phthalate No No No 85687 Butyl benzyl phthalate No No No NA 14 Zinc (and its compounds) Yes No No General Information about the Substance Nature of Activities CAS RN Substance Name Manufacture the Substance Process the Substance Otherwise Use of the Substance NA 01 Antimony (and its compounds) For onsite use/processing As a reactant As a byproduct NA 02 Arsenic (and its compounds) For onsite use/processing As a reactant As a byproduct 103231 Bis(2ethylhexyl) adipate For onsite use/processing As a reactant As a byproduct 117817 Bis(2ethylhexyl) phthalate For onsite use/processing As a reactant As a byproduct 85687 Butyl benzyl phthalate For onsite use/processing As a reactant As a byproduct NA 14 Zinc (and its compounds) For onsite use/processing As a reactant As a byproduct Onsite Releases Releases to air CAS RN Substance Name Category Basis of Estimate Detail Code Quantity NA 02 Arsenic (and its compounds) Stack or Point Releases O Engineering Estimates 0.0000 kg NA 14 Zinc (and its compounds) Stack or Point Releases O Engineering Estimates 0.0000 tonnes Onsite Releases Releases to air Total CAS RN Substance Name Total Releases to Air NA 02 Arsenic (and its compounds) 0.0000 kg NA 14 Zinc (and its compounds) 0.0000 tonnes Onsite Releases Releases to land CAS RN Substance Name Category Basis of Estimate Detail Code Quantity NA 02 Arsenic (and its compounds) Other O Engineering Estimates 0.0007 kg Onsite Releases Nature of Other Land Release CAS RN Substance Name Nature of Other Land Release NA 02 Arsenic (and its compounds) Landfill disposal CAS RN Substance Name Nature of Other Land Release Onsite Releases Releases to land Total CAS RN Substance Name Total Releases to Land NA 02 Arsenic (and its compounds) 0.0007 kg Total Quantity Released (All Media) CAS RN Substance Name Category Basis of Estimate Detail Code Quantity NA 01 Antimony (and its compounds) Total Quantity Released O Engineering Estimates 0.0004 tonnes 103231 Bis(2ethylhexyl) adipate Total Quantity Released O Engineering Estimates 0.0106 tonnes 117817 Bis(2ethylhexyl) phthalate Total Quantity Released O Engineering Estimates 0.0283 tonnes 85687 Butyl benzyl phthalate Total Quantity Released O Engineering Estimates 0.0008 tonnes Onsite Releases Total CAS RN Substance Name Total releases NA 02 Arsenic (and its compounds) 0.0007 kg NA 14 Zinc (and its compounds) 0.0000 tonnes Onsite Releases Quarterly Breakdown of Annual Releases CAS RN Substance Name Quarter 1 Quarter 2 Quarter 3 Quarter 4 NA 01 Antimony (and its compounds) 25 25 25 25 NA 02 Arsenic (and its compounds) 25 25 25 25 103231 Bis(2ethylhexyl) adipate 25 25 25 25 117817 Bis(2ethylhexyl) phthalate 25 25 25 25 85687 Butyl benzyl phthalate 25 25 25 25 Onsite Releases Reasons for Changes in Quantities Released from Previous Year CAS RN Substance Name Reasons for Changes in Quantities from Previous Year Comments 103231 Bis(2ethylhexyl) adipate No significant change (i.e. < 10%) or no change 117817 Bis(2ethylhexyl) phthalate No significant change (i.e. < 10%) or no change 85687 Butyl benzyl phthalate No significant change (i.e. < 10%) or no change NA 01 Antimony (and its compounds) No significant change (i.e. < 10%) or no change NA 02 Arsenic (and its compounds) No significant change (i.e. < 10%) or no change NA 14 Zinc (and its compounds) No significant change (i.e. < 10%) or no change Disposals Onsite Disposal (excluding Tailings and Waste Rock) CAS RN Substance Name Category Basis of Estimate Detail Code Quantity NA 14 Zinc (and its compounds) Landfill O Engineering Estimates 0.0002 tonnes Disposals Onsite Disposal (excluding Tailings and Waste Rock) Total CAS RN Substance Name Total Onsite Disposals NA 14 Zinc (and its compounds) 0.0002 tonnes Disposals Total Quantity Disposed (All Media) CAS RN Substance Name Total Quantity Disposed (All Media) NA 14 Zinc (and its compounds) 0.0002 tonnes Disposals Reasons and Comments CAS RN Substance Name Reasons Why Substance Was Disposed Reasons for Changes in Quantities from Previous Year Comments 103231 Bis(2ethylhexyl) adipate No significant change (i.e. < 10%) or no change 117817 Bis(2ethylhexyl) phthalate No significant change (i.e. < 10%) or no change 85687 Butyl benzyl phthalate No significant change (i.e. < 10%) or no change NA 01 Antimony (and its compounds) No significant change (i.e. < 10%) or no change NA 02 Arsenic (and its compounds) No significant change (i.e. < 10%) or no change NA 14 Zinc (and its compounds) Production residues No significant change (i.e. < 10%) or no change About us News Contact us Stay connected HEALTH healthycanadians.gc.ca TRAVEL travel.gc.ca SERVICE CANADA servicecanada.gc.ca JOBS jobbank.gc.ca ECONOMY actionplan.gc.ca Canada.gc.ca Terms and Conditions Transparency Version: 3.13.0 Recycling Reasons and Comments CAS RN Substance Name Reasons Why Substance Was Recycled Reasons for Changes in Quantities Recycled from Previous Year Comments 103231 Bis(2ethylhexyl) adipate No significant change (i.e. < 10%) or no change 117817 Bis(2ethylhexyl) phthalate No significant change (i.e. < 10%) or no change 85687 Butyl benzyl phthalate No significant change (i.e. < 10%) or no change NA 01 Antimony (and its compounds) No significant change (i.e. < 10%) or no change NA 02 Arsenic (and its compounds) No significant change (i.e. < 10%) or no change NA 14 Zinc (and its compounds) No significant change (i.e. < 10%) or no change Pollution Prevention Does the facility have a documented pollution prevention plan?
https://www.avient.com/sites/default/files/2020-09/edgetek-processing-guide.pdf
These materials are based on select engineering thermoplastic resins that are formulated with reinforcing additives such as carbon fiber, glass fiber and glass beads.
Runners • Full-round runners or a modified trapezoid runner are the best designs.
Cold Slug Wells • Place these wells at the base of the sprue to capture the cold material first emerging from the nozzle. • Place wells at every 90° bend in the runner system. • Well depths approximately 1.5 times the diameter of the runner provide the best results.
https://www.avient.com/sites/default/files/2020-09/lubrione-processing-guide.pdf
These materials combine the unique benefits of internal lubricants such as PTFE, silicone and molybdenum disulfide with a wide array of base engineering resins.
Runners • Full-round runners or a modified trapezoid runner are the best designs.
Cold Slug Wells • Place these wells at the base of the sprue to capture the cold material first emerging from the nozzle. • Place wells at every 90° bend in the runner system. • Well depths approximately 1.5 times the diameter of the runner provide the best results.
https://www.avient.com/sites/default/files/2020-12/artisan-thermoplastics-nylon-processing-guide.pdf
ARTISAN™ PRE-COLORED THERMOPLASTICS NYLON (PA6) FORMULATIONS PROCESSING GUIDE 2 Artisan Pre-Colored Thermoplastics Artisan™ Pre-Colored Thermoplastics Artisan™ thermoplastics are vibrant, pre-colored high-gloss, scratch resistant engineered polymers formulated to replace paint for superior results.
Full-round runners or modified trapezoid runners are the best designs 2.
Well depths approximately 2.5 times the diameter of the runner provide the best results Vents 1.
https://www.avient.com/sites/default/files/resources/Gabelli%2520Conf%2520-%2520POL%2520IR%2520Presentation%2520wNon%2520GAAP%2520Reconciliation%252003%252026%252015.pdf
Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance Addressable market exceeds $40 billion PolyOne Corporation Page 17 Appendix PolyOne Corporation Page 18 +25% $262 $320 $200 $275 $350 2013 2014 Adjusted Operating Income (in millions) +22% 2014 Financial Highlights All of our segments delivered both operating income and margin expansion during the year Our specialty businesses achieved record levels of profits and profitability this year Achieved 21st consecutive quarter, or over five years, of strong, double-digit adjusted EPS growth +37% $1.31 $1.80 $1.00 $1.50 $2.00 2013 2014 Adjusted EPS $195 $242 $150 $200 $250 2013 2014 Specialty Operating Income (in millions) PolyOne Corporation Page 19 Appliances 2% Building & Construction 12% Consumer 7% Electrical & Electronics 1% Healthcare 6% Industrial 14% Packaging 31% Textiles 7% Transportation 8% Wire & Cable 12% 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Operating Income % of Sales At a Glance Global Color, Additives and Inks 2014 Revenues: $0.9 Billion Solutions Expanding Profits 2014 Revenue by Industry Segment 14.7% Target United States 44% Europe 36% Canada 2% Asia 12% Latin America 6% PolyOne Corporation Page 20 Appliances 4% Building & Construction 3% Consumer 18% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 5% Transportation 20% Wire & Cable 12% At a Glance Global Specialty Engineered Materials 2014 Revenues: $0.6 Billion Solutions 2014 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Operating Income % of Sales Target 12.1% United States 44% Europe 33% Canada 2% Asia 19% Latin America 2% PolyOne Corporation Page 21 Appliances 2% Building & Construction 8% Consumer 5% Healthcare 6% Industrial 23% Packaging 27% Transportation 30% United States 96% Canada 4% At a Glance Designed Structures and Solutions Solutions 2014 Revenues: $0.6 Billion Expanding Profits 2014 Revenue by Industry Segment 1.4% 5.6% 7.3% 8-10% 2012 2013 2014 2015 Operating Income % of Sales Target PolyOne Corporation Page 22 Appliances 8% Building & Construction 33% Consumer 5% Electrical & Electronics 3% Healthcare 1% Industrial 11% Packaging 5% Transportation 18% Wire & Cable 16% 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2014 Revenues: $0.8 Billion 9-12% Target 2014 Revenue by Industry Segment 2015 7.7% United States 80% Canada 14% Asia 2% Latin America 4% PolyOne Corporation Page 23 Appliances 6% Building & Construction 5% Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 15% Packaging 4% Transportation 25% Wire & Cable 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6 - 7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Operating Income % of Sales 15% 52% 2006 2014 At a Glance Distribution *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Key Suppliers 2014 Revenues: $1.1 Billion ROIC* Expanding Profits 6.1% Target http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 24 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 25 Commitment to Operational Excellence 81% 93% 2006 2014 16.2% 9.9% 2006 2014 On-Time Delivery Working Capital % of Sales 5% 43% 2006 2014 Percent of Associates Trained in LSS Four consecutive years – CFO Magazine Best Working Capital Management in the chemical industry World’s Best Business Process Excellence Program in 2012* 103 trained Black Belts 247 trained Green Belts 127 trained Kaizen Leaders World’s Best Start-up Program for Lean Six Sigma Deployment in 2009* *Both awards received from International Quality and Productivity Center PolyOne Corporation Page 26 Prototype Frame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 4 11 5 10 6 9 3 4 2 15 9 1 10 4 Breakthrough Platform Derivative A Rich Pipeline of Opportunity Number of Projects 25 14 19 17 18 93 Addressable Market ($ millions) TBD TBD $800 $450 $450 $1,700 PolyOne Corporation Page 27 Application Examples PolyOne Corporation Page 28 $1.5 billion attractive, growing market Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product Aligned with megatrend of protecting the environment: Sustainability benefits include lower package weight and improved recyclability of package at end of use Market Opportunity Leading Global Supplier of Additives In Fast Growing PET Market Shelf-life extension Greater product consistency Recyclability and reduced carbon footprint Color and Special Effects Weight reduction Enhanced product aesthetics High heat resistance 4% 4% 8% 9% 9% 10% 11% 14% Western Europe North America South America MEA Easter Europe Asia Pacific China India PET 2008-13P CAGR PET Bottling Technology PolyOne Corporation Page 29 • Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their finished goods • Protects brand equity & consumer welfare • Reduces exposure to unwarranted recall expenses • Secures supply chain integrity – support for safe expansion into new geographies Authentication Technology PolyOne Corporation Page 30 • Color harmonization across 15 unique color-and-polymer combinations • Eliminated need for multiple pre- colored materials • Reduced Land Rover’s working capital Range Rover Evoque Interior PolyOne Corporation Page 31 • Reduced health and environmental impact • System cost reduction • Radiation-shielding performance • Parts consolidation • Design freedom CT Scanner PolyOne Corporation Page 32 Metal Replacement Solutions • Replaces metal in LED lighting • Extends LED durability and life span eliminating hot spots • Greater design flexibility with fewer parts • Weight reduction • Simplifies manufacturing and lowers total production cost PolyOne Corporation Page 33 Next Generation Solar Charger • Ginkgo Solar Tree charger utilizing our unique reSound™ material • reSound™ is a durable material consisting of 50% bio-derived plastic and 50% traditional petroleum-based plastic • Use of reSound™ reduced the carbon footprint for this product by 35% • reSound™ Is classified as a PolyOne Sustainable SolutionSM PolyOne Sustainable SolutionSM PolyOne Corporation Page 34 High-Barrier Packaging Containers • Capability to extrude up to 13 layers • Strong oxygen and moisture vapor transmission protection • Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications • Barrier protection and superior organoleptic properties PolyOne Corporation Page 35 Aerospace Applications • Leading provider of specialty materials for the aerospace industry • Typical applications Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses Interior – gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings • Benefits: High impact strength Resistant to UV rays Flame and smoke compliance Easy to clean with aggressive cleaners; anti-microbial grades available Range of sizes, thicknesses, colors, etc. 1 Schedule I Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014Y Global Color, Additives and Inks $ 4.3 $ 28.1 $ 37.7 $ 104.0 $ 124.9 Global Specialty Engineered Materials 0.4 17.6 49.7 57.2 72.4 Designed Structures and Solutions - - - 33.4 45.1 Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 242.4 Performance Products and Solutions 75.7 31.3 54.0 56.0 63.1 Distribution 19.5 28.1 42.0 63.3 68.2 Joint ventures 91.9 28.6 18.9 - - Corporate and eliminations (51.5) (425.1) (27.7) (82.4) (218.6) Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 155.1 Less: Corporate operating expense 51.5 425.1 27.7 82.4 218.6 Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 373.7 Specialty platform operating mix percentage 2% 34% 43% 62% 65% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Appendix 2014 Financial Highlights At a Glance�Global Color, Additives and Inks At a Glance�Global Specialty Engineered Materials At a Glance�Designed Structures and Solutions At a Glance�Performance Products and Solutions At a Glance�Distribution Plastics: Key to Future Sustainable Development Commitment to Operational Excellence A Rich Pipeline of Opportunity Application Examples Slide Number 28 Authentication Technology Range Rover Evoque Interior Slide Number 31 Metal Replacement Solutions Next Generation Solar Charger High-Barrier Packaging Containers Aerospace Applications Non-GAAP Reconciliation Sidoti & Company non-GAAP Rec
https://www.avient.com/news/avient-launches-halogen-free-flame-retardant-tpe-grades-made-sustainable-raw-materials-usb-c-cable-jackets
Consumer electronic product brands and manufacturers are increasingly searching for material solutions to enhance the sustainability of their products and operations and to meet rising consumer demands,” says Matt Mitchell, global marketing director, Specialty Engineered Materials at Avient.
Besides relying on the verified halogen-free technology of all flame-retardant reSound TPEs, Avient’s new low-PCF HFFR formulations include two reSound BIO grades with up to 45% bio-based content and one reSound REC FR grade with up to 30% PCR content.
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https://www.avient.com/news/colorforward-predicts-2024-trends-more-harmonious-colors-splash-exuberance
This includes addressing major world crises and finding one’s happiness.
recounts the search for individual happiness after times of restriction and the reclaiming of one’s life.
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https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski Page 38 Operational Excellence • Operational Excellence is a never-ending quest for improvement in response to the voice of our customers and shareholders • It is all about strengthening our capabilities to deliver value flawlessly to our customers deliver value flawlessly to our customers • It challenges us to enhance our productivity, profitability, and efficiency in all phases of our business, from safety to quality to waste elimination to environmental stewardship Page 39 Lean Six Sigma Initiative • In 2009, Lean Six Sigma was launched to improve execution skills across all businesses, functions, and global regions • A company-wide diagnostic was conducted, resulting in identification of six conducted, resulting in identification of six strategic improvement platforms • Financial targets were estimated, resources identified and trained results delivered , Page 40 PolyOne OSHA Recordable Incidence Rate 4 5 6 5.1 Safety Performance *Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics). 0 1 2 3 2005 2006 2007 2008 2009 2010 2011 Industry Average 1.4 1.3 1.1 1.1 0.85 0.65 0.57 Page 41 • Exemplary on-time delivery • Best-in-class working capital % of sales 81% 87% 88% 95% 93% 92% 94% 2005 2006 2007 2008 2009 2010 2011 On-Time Delivery* Lean Six Sigma Delivering Results • Approximately $200M in cash driven by working capital improvements 16.2% 14.4% 18.9% 11.7% 9.6% 9.6% 2006 2007 2008 2009 2010 2011 WC % of Sales 2005 2006 2007 2008 2009 2010 2011 *As measured to customer request date Page 42 40.0% Percent of Associates Trained in LSS World’s Best Start-up Program in 2009* World’s Best Business Process Excellence Program in 2012* Award-Winning Lean Six Sigma Program *Both awards received from International Quality and Productivity Center 16.5% 40.0% 2009 2011 Page 43 • Globally leverage strategic supplier management best practices • Implement world class demand management processes Critical Imperatives • Improve operational reliability and efficiencies • Optimize global freight management Drive 50 – 100 basis points of gross margin expansion per year Page 44 Page 45