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These excerpts taken from the SMG 10-K filed Dec 3, 2008. Raw
Materials
We purchase raw materials for our products from various sources
that we presently consider to be adequate to supply the needs of
each of our segments and our business as a whole. We are subject
to market risk from fluctuating prices of certain raw materials,
including urea, resins, fuel, grass seed and wild bird food
components. Our objectives surrounding the procurement of these
materials are to ensure continuous supply and to minimize costs.
We seek to achieve these objectives through negotiation of
contracts with favorable terms directly with vendors. When
appropriate, we will procure a certain percentage of our needs
in advance of the season to secure pre-determined prices. We
also hedge certain commodities to improve predictability and
control costs.
Raw Materials We purchase raw materials for our products from various sources that we presently consider to be adequate to supply the needs of each of our segments and our business as a whole. We are subject to market risk from fluctuating prices of certain raw materials, including urea, resins, fuel, grass seed and wild bird food components. Our objectives surrounding the procurement of these materials are to ensure continuous supply and to minimize costs. We seek to achieve these objectives through negotiation of contracts with favorable terms directly with vendors. When appropriate, we will procure a certain percentage of our needs in advance of the season to secure pre-determined prices. We also hedge certain commodities to improve predictability and control costs. These excerpts taken from the SMG 10-K filed Nov 25, 2008. Raw
Materials
We purchase raw materials for our products from various sources
that we presently consider to be adequate to supply the needs of
each of our segments and our business as a whole. We are subject
to market risk from fluctuating prices of certain raw materials,
including urea, resins, fuel, grass seed and wild bird food
components. Our objectives surrounding the procurement of these
materials are to ensure continuous supply and to minimize costs.
We seek to achieve these objectives through negotiation of
contracts with favorable terms directly with vendors. When
appropriate, we will procure a certain percentage of our needs
in advance of the season to secure pre-determined prices. We
also hedge certain commodities to improve predictability and
control costs.
Raw Materials We purchase raw materials for our products from various sources that we presently consider to be adequate to supply the needs of each of our segments and our business as a whole. We are subject to market risk from fluctuating prices of certain raw materials, including urea, resins, fuel, grass seed and wild bird food components. Our objectives surrounding the procurement of these materials are to ensure continuous supply and to minimize costs. We seek to achieve these objectives through negotiation of contracts with favorable terms directly with vendors. When appropriate, we will procure a certain percentage of our needs in advance of the season to secure pre-determined prices. We also hedge certain commodities to improve predictability and control costs. This excerpt taken from the SMG 10-K filed Nov 29, 2007. Raw
Materials
We purchase raw materials for our products from various sources
that we presently consider to be adequate, and no one source is
considered essential to any of our segments or to our business
as a whole. We are subject to market risk from fluctuating
market prices of certain raw materials including urea, resins,
grass seed, and wild bird food components. Our objectives
surrounding the procurement of these materials are to ensure
continuous supply and to minimize costs. We seek to achieve
these objectives through negotiation of contracts with favorable
terms directly with vendors. When appropriate, we will procure a
certain percentage of our needs in advance of the season to
secure pre-determined prices. Occasionally, we hedge certain
commodities to improve predictability and control costs.
This excerpt taken from the SMG 10-K filed Dec 14, 2006. Raw
Materials
We purchase raw materials for our products from various sources
that we presently consider to be adequate, and no one source is
considered essential to any of our segments or to our business
as a whole. We are subject to market risk from fluctuating
market prices of certain raw materials, including urea and other
chemicals as well as paper and plastic products. Our objectives
surrounding the procurement of these materials are to ensure
continuous supply and to minimize costs. We seek to achieve
these objectives through negotiation of contracts with favorable
terms directly with vendors. When appropriate, we will procure a
certain percentage of our needs in advance of the season to
secure pre-determined prices. Occasionally, we hedge certain
commodities to improve predictability and control costs.
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