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Samples in periodicals archive:
revealed that it now expects to achieve higher-than-anticipated annualized savings and benefits approaching $900 million from its original restructuring program and its product line simplification and strategic sourcing initiatives.
Management instilled financial discipline in the company through the multi-year supply chain cost reduction program along with the Product Line Simplification (PLS) and Strategic Sourcing Initiatives (SSI).
The company's restructuring and other initiatives such as Product Line Simplification and the Strategic Sourcing Initiative, whose potential costs have not been defined, should increase profitability and the company's competitive stance in the medium term.
This will be an important enabler for two of the company's most critical turnaround initiatives, Product Line Simplification and Strategic Sourcing, which together are projected to deliver total annual benefits of more than $400 million to help us fuel continued growth.
26 per Share Reflect Investments in Advertising and Representative Value Proposition; Costs to Implement Product Line Simplification and Restructuring NEW YORK, N.
The 2007 quarter also included approximately $17 million of incremental costs, related to the company's previously announced Product Line Simplification (PLS) program.
today announced that it expects annualized benefits from Product Line Simplification (PLS) and its Strategic Sourcing Initiative (SSI) to exceed $400 million when fully realized.
Operating profit was unfavorably impacted by $40 million of initial costs, principally inventory obsolescence, associated with the company's new Product Line Simplification program.