Performance Food Group Company (PFGC) Bundle
An Overview of Performance Food Group Company (PFGC)
General Summary of Performance Food Group Company (PFGC)
Performance Food Group Company (PFGC) is a leading foodservice distributor in the United States. Founded in 1885, the company operates through multiple business segments including Foodservice, Vistar, and Performance Logistics.
| Company Metric | 2024 Data |
|---|---|
| Total Employees | 20,500 |
| Annual Revenue | $74.2 billion |
| Number of Distribution Centers | 180 |
Company Services and Products
- Foodservice distribution to restaurants
- Convenience store product distribution
- Hospitality and healthcare food supply
- Specialty food product distribution
Financial Performance
| Financial Metric | 2024 Performance |
|---|---|
| Net Income | $1.2 billion |
| Gross Profit Margin | 16.3% |
| Operating Cash Flow | $2.1 billion |
Market Leadership
Performance Food Group ranks #2 in U.S. foodservice distribution, serving approximately 300,000 customer locations across North America.
- Market share in foodservice: 22.5%
- Operational presence in 48 states
- Serves multiple industry segments
Mission Statement of Performance Food Group Company (PFGC)
Mission Statement of Performance Food Group Company (PFGC)
Performance Food Group's mission statement focuses on delivering comprehensive foodservice solutions across multiple market segments.
Core Mission Components
| Revenue (2023) | $78.2 billion |
| Market Distribution Segments | Hospitality, Restaurants, Healthcare, Education |
| Total Customers Served | Over 300,000 |
Strategic Distribution Capabilities
- Nationwide distribution network with 84 distribution centers
- Over 16,000 delivery vehicles
- Serving 50 states across the United States
Operational Performance Metrics
| Total Employees | 18,700 |
| Warehouse Capacity | 1.8 million square feet |
| Daily Order Processing | Approximately 75,000 orders |
Product Portfolio Diversity
Performance Food Group offers over 225,000 unique food and related products across multiple categories.
- Fresh Produce
- Frozen Foods
- Dairy Products
- Meat and Seafood
- Specialty Ingredients
Technology and Innovation Investment
| Annual Technology Investment | $85 million |
| Digital Platform Transactions | 42% of total sales |
Vision Statement of Performance Food Group Company (PFGC)
Vision Statement Components of Performance Food Group Company (PFGC)
Strategic Vision FrameworkPerformance Food Group's vision statement reflects its commitment to leadership in the food distribution industry as of 2024.
Key Vision Elements
Market Leadership Metrics| Vision Dimension | Quantitative Target | Current Status |
|---|---|---|
| Market Share | 22.7% | Foodservice Distribution Segment |
| Annual Revenue | $78.4 billion | Fiscal Year 2023 |
| Distribution Centers | 194 locations | Nationwide Coverage |
- Comprehensive food distribution solutions
- Technology-driven operational efficiency
- Sustainable supply chain management
- Customer-centric service delivery
Operational Vision Components
Distribution Network CapabilitiesPFGC's vision encompasses extensive nationwide food distribution infrastructure serving multiple market segments.
| Segment | Market Penetration | Service Scope |
|---|---|---|
| Restaurants | 65% coverage | National restaurant chains |
| Hospitality | 48% market reach | Hotels and resorts |
| Healthcare | 37% institutional coverage | Hospitals and medical facilities |
- Advanced logistics management systems
- Real-time inventory tracking
- Predictive demand forecasting
- Digital procurement platforms
Performance Metrics Alignment
Vision-Driven Performance Indicators| Performance Metric | 2024 Target | Growth Trajectory |
|---|---|---|
| Operational Efficiency | 92.5% optimization | 3.2% year-over-year improvement |
| Customer Satisfaction | 88.6% rating | Consistent upward trend |
| Sustainability Initiatives | 47 green logistics programs | Expanding environmental commitments |
Core Values of Performance Food Group Company (PFGC)
Core Values of Performance Food Group Company (PFGC) in 2024
Integrity and Ethics
Performance Food Group maintains a rigorous ethical standard in its business operations.
| Ethical Compliance Metric | 2024 Data |
|---|---|
| Annual Compliance Training Completion Rate | 98.7% |
| Supplier Code of Conduct Adherence | 100% verified suppliers |
Customer-Centric Approach
PFGC prioritizes delivering exceptional customer service and value.
- Customer satisfaction score: 4.6/5
- Average order fulfillment time: 24 hours
- Customer retention rate: 92.3%
Innovation and Continuous Improvement
The company invests significantly in technological advancements and operational efficiency.
| Innovation Investment | 2024 Amount |
|---|---|
| R&D Expenditure | $47.3 million |
| Technology Infrastructure Investment | $62.5 million |
Sustainability Commitment
PFGC demonstrates environmental responsibility through strategic initiatives.
- Carbon emission reduction: 22% since 2020
- Renewable energy usage: 35% of total energy consumption
- Waste reduction in distribution: 28%
Diversity and Inclusion
Performance Food Group promotes workforce diversity and inclusive practices.
| Diversity Metric | 2024 Percentage |
|---|---|
| Minority Leadership Representation | 27.5% |
| Women in Management Positions | 33.2% |
Employee Development
Commitment to workforce training and professional growth.
- Annual training hours per employee: 48 hours
- Internal promotion rate: 42%
- Employee engagement score: 4.4/5
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