Supplier Management P&G.
Procter & Gamble (P&G) is a multinational consumer goods company that uses a robust supplier management system to ensure that it is able to source the materials and services it needs to produce its products while maintaining high standards of quality and sustainability.
P&G’s supplier management system includes several key elements:
- Supplier selection: P&G carefully selects suppliers based on a variety of factors, including quality, cost, capacity, and sustainability. The company uses a rigorous selection process that includes supplier assessments, audits, and certifications to ensure that suppliers meet its standards.
- Supplier performance management: P&G regularly monitors and assesses the performance of its suppliers, using metrics such as delivery performance, product quality, and compliance with P&G’s sustainability standards. This helps the company identify and address any issues or areas for improvement.
- Collaboration and communication: P&G works closely with its suppliers, regularly communicating and collaborating with them to identify opportunities for innovation and cost savings.
- Sustainability: P&G’s supplier management system also includes a strong focus on sustainability, with the company encouraging its suppliers to adopt sustainable practices, such as reducing their environmental impact and promoting fair labor practices.
- Risk Management: P&G also have a robust risk management system in place to identify and mitigate any potential risks associated with its suppliers and supplier management system.
All of these elements work together to help P&G maintain a strong and reliable supply chain that is able to meet its needs while also promoting high standards of quality and sustainability.
P&G Supply Chain Keynote Presentation
Supply Chain Management in P&G
Supply Chain and Procurement Training.
- A Smart Look into Future Logistics.
- A.G. Lafley (Former P&G CEO) Defines Effective Business Strategy.
- Amazon CEO Jeff Bezos Quotes.
- Collection of Retail Supply Chain Learning Resources.
- John Shook Explains the Lean Transformation Model.
- Negotiation Skills.
- Negotiation – from Stanford Graduate School of Business.
- Procurement Training, Purchasing Training, Supply Chain Management Training.
- SCM Automation Quotes.
- SCM Technology Trends
- Supplier Management and Development.
- Supply Chain Training & Overview.
- Top Supply Chain Companies and SCM Training.
- Understanding AI in Supply Chain.
Supply Chain Quotes
- “The most dangerous negotiation is the one you don’t know you’re in.” ~Christopher Voss
- “We develop and grow leaders. PG people are given the opportunity – the assignments, experiences, and coaching – to become the strongest leaders they can be.” ~A.G. Lafley, from CEO of P&G.
- “Al Qaeda is nothing more than a mutant supply chain. They’re playing off the same platform as Wal-Mart and Dell. They’re just not restrained by it. What is al Qaeda? It’s an open source religious political movement that works off the global supply chain.” ~Thomas Friedman
- “A well trained procurement organization can add major dollars to the organization through cost savings.” ~EverythingsupplyChain.com
- “What business strategy is all about-what distinguishes it from all other kinds of business planning-is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as efficiently as possible, a sustainable edge over its competitors.” ~Kenichi Ohmae
- “Anger can be an effective negotiating tool, but only as a calculated act, never as a reaction.” ~ Mark McCormack
- “You have to persuade yourself that you absolutely don’t care what happens. If you don’t care, you’ve won. I absolutely promise you, in every serious negotiation, the man or woman who doesn’t care is going to win.” ~Felix Dennis
- Let’s execute along this strategy, but know that we’ll probably get some of this wrong, so be open to changing it.” ~A.G. Lafley, from CEO of P&G.
- “A wise human would have an understanding of the supply chain and how the pieces fit together. But it’s against our nature to think about it.” ~Paolo Bacigalupi
“The best supply chain companies are always evolving.” ~Dave Waters