Proctor and Gamble 2000 Annual Report Download - page 13

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11
P&G has a long history of cost control, and we
have focused on this issue again as a key part
of our Action Plan.
Global Business Services (GBS) has designed, and
now is putting in place, an internal system of Web-
based services to deliver the right level of service at
the right price and at significantly lower overall cost
to the Company.
Business activities which previously were dispersed
across many business units – such as employee
services, workplace services, purchasing, customer
logistics, accounting and financial reporting, and
information technology – are being consolidated in
key service centers around the world.
GBS already has generated significant savings by
simplifying, standardizing and automating the way
we work. It is on track to deliver at least $200 million
in after-tax savings annually by 2004.
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Go to www.pg.com for the latest financial news about P&G.
Smart Savings
ACTION PLAN
04
REDUCE COSTS AND IMPROVE CASH MANAGEMENT
CASE IN POINT GBS
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GBS employees Maricarmen Pijem and Miguel Pantoja