P&G, EY Team to Improve ‘Full Scope of the Supply Chain’
Procter & Gamble is working with consulting firm EY to build supply chain resilience.
The alliance announced this month builds on an existing effort between the two organizations to fine-tune manufacturing operations. The work will focus on the foundations of the supply chain, including organizational design and work processes and roles; advanced tools and automation; and P&G’s run-to-target effort, which seeks to improve manufacturing efficiencies and worker engagement.
“P&G and EY have a long history of working together and collaborating exceptionally well.” said Julio Nemeth, P&G chief product supply officer. “EY is the ideal organization to bring our supply chain knowledge and the related success to the marketplace. Our methodology has been used throughout our supply network — from suppliers to customers — to deliver substantial value in the form of cash, cost and revenue. It can deliver increased responsiveness, productivity, service levels, inventory reduction and cost savings. Therefore, it offers a valuable and structured approach for businesses to optimize their end-to-end supply chain performance.”
Added Glenn Steinberg, EY Global and EY Americas supply chain leader: “With P&G’s consistent leadership in supply chain excellence, expanding the relationship with EY to address the full scope of the supply chain is essential — especially during times when supply chains are under stress and companies are working to reframe their future. The expanded alliance can provide clients with the advanced technology, guidance and systems they need today and in the future. Its offerings provide a holistic approach for businesses globally to manage and transform supply chain processes in today’s unpredictable environment.”
EY and P&G explained the alliance seeks to break down silos and reduce resource demands and inefficiencies by aligning multiple areas — such as supply chain, finance, sales and commercial — “against common transformation objectives.” It also seeks to improve end-to-end supply chain visibility.