Procter & Gamble is set to begin a two-year supply chain reorganization in fiscal 2026, which will involve discontinuing certain brands and potentially divesting some. CFO Andre Schulten emphasized that these changes aim to enhance efficiency, innovation, and cost reduction in the supply chain. The initiative, expected to cost between $1 billion and $1.6 billion, aims to eliminate around 7,000 non-manufacturing jobs, representing 15% of its workforce. Additionally, P&G is leveraging technology to optimize production and inventory alignment, improving warehouse operations across its distribution network.
Source: https://www.supplychaindive.com/news/procter-gamble-supply-chain-restructuring/750640/