“We see ourselves marching ahead and with an ability to hit the high-40s over time, you know, but the roadmap is relatively clear.”

In context

“d. We had great productivity in the quarter. We will continue to build momentum. I give you sort of the metrics around that. We are reducing our costs for quality that came down again. Our operating equipment effectiveness is coming up. We are driving hard on procurement, receiving net savings even after inflation, 4 wall spend, we have doubled the number Kaizen events inside the company. Look, there is a ton of opportunity here by just running the network, the distribution side, better than it exists today. The next step, really, as we transform, is simplifying standardizing, automating more of our processes, both on our SG&A side. And I talked a little bit about that in the prepared remarks, but also on the factory side, the network side. there is plenty of headroom here in front of us. We see ourselves marching ahead and with an ability to hit the high-40s over time, you know, but the roadmap is relatively clear. it is along the same lines we have been laying out and talking about over the last couple of years. And as we get into transformation, we will see margins continue to expand. So we feel good about the performance. And optimistic about the future on margins. Great. Thank you very much. Appreciate it. Thank you. Operator: We will go next to the line of Nigel Coe with Wolfe Research. Please proceed with your question. Nigel Coe: Thanks. Good morning, everyone. So quite a different quarter. I think Bill or Anurag, you mentioned last quarter, you started off quite weak and it got better through Q1. I am just wondering how the 5.4% looked from April through June. Did we start off stronger, got weaker and Any color there? And then any updates on how orders and maybe backlog exited the quarter? Y”