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Guy Peri
Chief Information & Digital Officer, McCormick & Company

McCormick CEO on the company's service levels

🎥 Jan 26, 2023 📺 CNBC Television ⏱ 1m 👁 1779 views
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About Guy Peri

Guy Peri, Chief Information and Digital Officer at McCormick, said in an April 2025 interview that the company's digital transformation is "anchored right to the McCormick business strategy," focusing on demand creation, product innovation, retail execution, and operational efficiency. He stated that the company uses digital tools and AI to optimize raw material procurement, improve manufacturing efficiency, and forecast pricing using 30 years of data. Peri emphasized that data hygiene, governance, and quality are "foundational for AI and analytics success," and that the company is working to upskill its workforce so that every role can work with AI agents as "co-pilots." He also recommended the book "Competing in the Age of AI" by Kim Lani and Marcos as a practical resource for applying AI capabilities. In a September 2023 appearance, Peri discussed service levels, stating that McCormick's service to customers had recovered from pandemic-era challenges and was "looking good." He noted that the company had restocked retailers in the fourth quarter of the prior year, which contributed to that quarter's performance. Peri also commented that consumers were "trading up from private labels to the brand" in search of quality and emotional connection.

Source: AI-verified profile updated from Guy Peri's recent appearances. Browse all interviews →

Transcript (5 segments)
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Guy Peri0:00
As we launched it, consumers aren't trading down, they are trading up from private labels to the brand. Consumers want the emotional lift and quality of the brand.
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Interviewer0:10
Why was so much of the discussion today about service levels and what's going on outside the home? Because I think there are supply chain issues there, but there was a lot of time service. But this is not one time.
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Guy Peri0:30
That's exactly right. This demand is not one time. It's sustained. And there are a lot of challenges on services. We went through the whole pandemic, and even through last year. But our service levels to our customers are close to the pandemic levels now. We are over the hump on all that stuff. We see minor issues here and there, but services are looking good. That was part of the discussion on the call, Jim.
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Interviewer0:57
Discussion got cold and caught on that.
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Guy Peri1:01
That's right. Service levels got pretty good in the fourth quarter last year, and we restocked retailers, and restocking is what made the fourth