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Sunday, April 21, 2013

P&G's Global Building Boom

Excellent article in today's Cincinnati Enquirer.  The company is adding factories at a record rate while cutting costs elsewhere.  Includes employee data on 134 plants worldwide, what they make and how fast they have grown.  Good competitive detail.  (May require registration)  " ... Procter & Gamble is saving $10 billion by laying off 5,850 office workers, cutting better deals with suppliers and spending less on shipping Tide, Crest, Pampers and Olay to consumers around the world. It’s also building 20 new factories by 2015 – in the biggest international building boom in P&G history. A target of previous major cutbacks, manufacturing is clearly shielded this time around.... "   Also a rare video of a manufacturing floor.

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