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Procter and Gamble Company

$30.00 $20.00

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Description

Introduction

Procter and Gamble Company commonly known as P&G is an American Multinational company that was founded in 1837 by William Procter and James Gamble after they married from the same family. The Company’s vision of producing the best consumer goods and services and a mission of improving the lives of the people it serves has enabled it to grow over the years to become one of the most admired organizations across the globe. Currently, P&G operates in four main sectors namely Health and Grooming, Fabric and home care, Beauty Care and Family care and has several branches in North and South America, Asia, Europe, Middle East, India and in Africa (Mooi & Sarstedt, 2011).

Key Resources

The company boasts of a rich global supplier diversity that is characterized by suppliers from all sorts of ethnic, social, and economic backgrounds. Some of these suppliers include the US small business administration, National minority supplier development council and the department of veteran affairs among others. All of these suppliers play a key role in meeting all the raw materials needs of the company and thus ensuring that it maintains constant cycle of its operations. However, there is still need for the company to identify the most effective suppliers in terms of cost in order to be able to develop the right competitive edge in the industry. For example, since it has its operations in almost all the continents, it needs to group each continent with its resource endowment. From the matching, the company is able to optimize its operations by relying on the sources that are most cost effective and thus be able to cut down its operation cost significantly.

Procter and Gamble Company

 

Key Partners

Procter and Gamble, which currently serves over four billion people across the globe, has several partnerships with other top performing companies all of which has been responsible for its continual success. Some of the top P&G partners include Coca Cola Company, Verix, General motors and General Mills among others.

Procter and Gamble Company