Supply chain efficiencies boost profits at Unilever

From Supply Chain Standard: “Unilever has reported savings of 1.4 billion euros in 2010 through savings in supply chain costs and indirect costs – well ahead of the 1 billion euros the group was targeting at the start of the year.

Chief financial officer Jean-Marc Huët said: “This comes after savings of a further 1.4bn euros in 2009 – nearly 3bn euros taken out of our cost base in two years.”

Group chief executive Paul Polman pointed out that the Unilever supply chain had changed dramatically over the last three years.

Pier-Luigi Sigismondi, the group’s chief supply chain officer, had driven a steady transformation in its supply chain capabilities.

“We now have a globally led Supply Chain organisation, with executive buying authority. Our systems and processes are much improved, allowing for quicker and higher quality information availability and decision making. In Asia Africa CEE for example, the ambitious U2K2 project to harmonise our systems and processes on a single platform is nearing a successful conclusion,” said Polman.” Link to full post at Supply Chain Standard

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