Procter & Gamble wins the Purchasing magazine Medal of Professional Excellence
Consumer products giant P&G excels in a variety of sourcing and supply areas.
By Dave Hannon -- Purchasing, 9/15/2008 3:00:00 AM EDT
Procter & Gamble’s Global Purchases organization has been awarded the 2008 Purchasing magazine Medal of Professional Excellence, in recognition of the company’s unique strategies to collaborate both internally with other P&G organizations and externally with P&G’s some 90,000 suppliers.
To read the complete story, see P&G is king of collaboration
Purchasing.com readers can also read these web-exclusive articles on how P&G manages its various spend areas:
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P&G overhauls logistics purchasing strategy New organization focuses on leveraging the consumer product giant’s $5 billion logistics spend.
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How P&G buys packaging A Q&A with Rick Hughes on how his staff manages its $4.2 billion packaging spend.
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P&G’s chemicals challenge: Pricing volatility P&G’s Stefan Van Straelen tells how the company’s buyers work to build close relationships with fewer chemical suppliers.
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How P& G measures suppler performance An extensive list of metrics P&G uses to measure its suppliers.
FROM THE PURCHASING.COM ARCHIVES
To read about P&G’s Global Purchases Organization’s role in integrating the Gillette acquisition, read:
P&G-Gillette: Blueprint for a merger
To watch a VIDEO interview with David Zint, Director, Global Packaging Purchases, Procter & Gamble on procurement's role in the company's massive, eight-month conversion of its laundry detergent lines to 2X or 50% compacted versions CLICK HERE.
To hear an audiocast with P&G’s Rick Hughes, CLICK HERE
To learn more about P&G’s global chemicals sourcing read:
Procter & Gamble puts a new spin on global chemicals sourcing
To read a short interview with Mary E. Kostolansky, director of marketing purchases at P&G, see
Supplier relationship management: Pathways to convergence
MEDAL OF EXCELLENCE
To learn more about the Purchasing magazine Medal of Professional Excellence, including reading about past winners and the criteria and application process, click here.
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