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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2014-09-11 00:00:00",
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  "notes": "Includes a specific callout for Olive Garden packaging as a case study for cost rationalization.",
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      "kind": "callout",
      "text": "In Restaurant Example: Packaging. Why do the to-go containers need to be dishwasher safe?",
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      "text": "These requirements over-engineer packaging and drive up costs significantly without necessarily driving any benefit associated with more foot traffic or increased pricing power on customers.",
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      "text": "Note: Total indirect spend does not include ~$170 million of total restaurant expenses (attributed to repairs and maintenance).",
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      "text": "The take-out packaging at Olive Garden is specified to be microwave and dishwasher safe. These requirements over-engineer packaging and drive up costs. Further opportunities to reduce over-engineering exist.",
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      "text": "Estimated savings: $19-$28 million",
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      "text": "...And $19 – $28 million within indirect categories",
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