Through five new initiatives, Project Renewal has been expanded in order to realize increased efficiencies and free up funds for growth investments.
Organizational Simplification
Focuses on creating a more efficient structure and providing better visibility into the business for faster decision-making processes.
EMEA Transformation
Reduces complexity, increases profitability and manages ongoing regional economic challenges through initiatives such as SKU rationalization, route-to-market, supply chain and platform support.
Best-Cost finance
Enables a consolidated approach to transaction processing and information management, leverages SAP in shared services and refocuses talent from reporting and compliance to more value-added analytics and decision support.
Best-Cost Back office
Consolidates customer service and procurement to achieve efficiencies across back office functions.
Supply Chain Footprint
Optimizes our global manufacturing and procurement footprint.