P&G Recognized As Supply Chain's "Best in Class" Survey
March 3, 2006
Proctor and Gamble Co. was tapped as the most admired manufacturer in a recent study by IGD, a goods and grocery specialist, in its report "Managing International Supply Chains." According to an analysis of this report in RetailBulletin.com on Feb. 28, ...
Proctor and Gamble Co. was tapped as the most admired manufacturer in a recent study by IGD, a goods and grocery specialist, in its report "Managing International Supply Chains." According to an analysis of this report in RetailBulletin.com on Feb. 28, the survey concluded that the characteristics of a leading manufacturer include: effective brand management, speed to market, excellent customer management and scale and agility of the supply chain. P&G was singled out for its "leading edge and scale." Other best-in-class manufacturers include Dell, Ferrero, Mller and Unilever.
Regarding outsourcing parts of the supply chain, the survey showed that 60% of the companies outsource warehousing, while 70% outsource transport.
According to the survey, two of the major challenges facing manufacturers are demand planning and forecasting (72%) and new product introductions (54%). Additionally, companies are looking to improve in the areas of cost and inventory management, customer service and IT improvements.