EY
(Photo by: Shutterstock/D MacDonald)

EY announces an expanded alliance with P&G to transform and build supply chain resilience during and beyond the COVID-19 pandemic

Originally published on ey.com

  • Alliance provides broad set of assets and structured deployment methodology
  • Accelerates supply chain transformation while providing end-to-end visibility
  • Provides access to proven knowledge across supply chain processes to help companies reframe their future

To better respond to today’s rapidly changing supply chain ecosystem, EY announces an expanded alliance with Procter & Gamble (P&G) to provide a broad range of supply chain capabilities designed to address businesses’ unprecedented challenges and market disruption as a result of the COVID-19 pandemic.

Harnessing the supply chain industry leadership of EY teams and P&G offers a differentiated approach to provide accelerated transformation and leading capabilities. Now more than ever, companies need end-to-end visibility to drive supply chain resilience while managing cost and agility to handle the effects and aftershocks of the COVID-19 crisis.

Building off the existing EY-P&G Alliance, rooted in manufacturing excellence, the enhanced collaboration expands the scope of the relationship to additional supply chain processes, including strategy, planning, customer service, transportation and distribution to help accelerate transformation and reduce risk in the supply chain. The alliance covers a broad suite of intellectual property (IP) combined with a proven transformation methodology. This includes:

  • Supply chain foundations, which provide core foundations for supply network operations (SNO) processes, including organizational design and foundational work processes and roles.
  • Advanced tools and automation, which offer innovative resources and techniques designed to enhance and/or digitize existing work processes to improve efficiencies.
  • The Run-to-Target (RTT) Transformation Accelerator to provide a structured self-service methodology to achieve rapid results and create sustainable change by empowering the workforce.

This systematic approach helps organizations evolve holistically while breaking down functional silos and reducing resources and inefficiencies. It aligns multiple areas of the business – supply chain, finance, sales, commercial – against common transformation objectives. This alignment also enables increased involvement with customers and suppliers to create critical end-to-end visibility.

Leveraging the EY and P&G suite of assets alongside a structured implementation methodology allows businesses to accelerate deployment and build organizational capability. This approach also operates seamlessly alongside the EY Supply Chain Intelligence Platform and Supply Chain Smart Maps™ — a set of digital tools, data and analytics to help manage and analyze ongoing performance throughout the transformation of the supply chain. Together, this provides companies with a broad set of capabilities and intelligence to better align their business priorities and strategies.

In addition, the EY-P&G Alliance provides a unique opportunity to work hand-in-hand with P&G planners and executive coaches, plus experienced EY supply chain professionals, to offer a differentiated show vs. tell approach. This unique collaboration of EY and P&G offers the tools and know-how to improve results while improving job satisfaction and retention.

Glenn Steinberg, EY Global and EY Americas Supply Chain Leader, says:

“With P&G’s consistent leadership in supply chain excellence, expanding the relationship with EY to address the full scope of the supply chain is essential – especially during times when supply chains are under stress and companies are working to reframe their future. The expanded alliance can provide clients with the advanced technology, guidance and systems they need today and in the future. Its offerings provide a holistic approach for businesses globally to manage and transform supply chain processes in today’s unpredictable environment.”

Julio Nemeth, Chief Product Supply Officer, P&G, says:

“P&G and EY have a long history of working together and collaborating exceptionally well. Both organizations have a culture of quality and high standards and share very similar values and principles. EY is the ideal organization to bring our supply chain knowledge and the related success to the marketplace. Our methodology has been used throughout our supply network – from suppliers to customers – to deliver substantial value in the form of cash, cost and revenue. It can deliver increased responsiveness, productivity, service levels, inventory reduction and cost savings. Therefore, it offers a valuable and structured approach for businesses to optimize their end-to-end supply chain performance.”

For more information, visit ey.com/en_gl/alliances/pg.

Latest News

degeneres, work, show

Leadership Lessons to be Gleaned from Ellen DeGeneres’ Toxic Workplace Scandal

Ellen DeGeneres began her daytime talk show’s 18th season with an apology after a summer of allegations against her that claimed her show promoted a toxic work environment rife with racism, sexual misconduct and other mistreatment. In August 2020, three senior producers — executive producers Ed Glavin and Kevin Leman…

COVID entrepreneur

Explosive New Growth in Small Businesses Due to COVID-19; America’s Police Force is Not Becoming More Diverse Despite BLM Movement; the Best and Worst Performing States in the 2020 Census; and More

Even with incredible nationwide unemployment rates, the creation of new small and diverse businesses has exploded due to COVID-19. Finally some news coming out of our pandemic: The Philadelphia Tribune reports that as bars and restaurants closed and stay-at-home orders were put into place earlier in 2020 to help fight…

Justice for Breonna not served; The essential rule of politics; Teen serves two months in jail for not doing homework; and More

Justice for Breonna not served as grand jury indicted officer who shot her with wanton endangerment — but not murder. “Outrageous and offensive.” Those were  by attorney to the family, Ben Crump to describe the grand jury’s decision in the March 13 fatal police shooting of 26-year-old Breonna Taylor. While…

IBM, EEOC, age

EEOC Unearths Years of Intentional Age Discrimination within IBM

After a long investigation, the Equal Employment Opportunity Commission (EEOC) has revealed that IBM leaders had directed managers to replace older workers with younger ones. Between 2013 and 2018, nearly 86% of those considered for layoffs within the organization were older employees over the age of 40. The investigation showed…

Breathe March in Globe Park, New York, USA - 12 Sep 2020

Cities under attack from the Justice Department; Louisville bracing for the Breonna Taylor murder charge; Twitter reveals its racist side; and More

Justice department attacks three U.S. cities, declaring them anarchist zones — despite most of the protests that took place in each city being peaceful marches in support of the Black Lives Matter movement. In a move designed to pull federal funding from New York City, Seattle and Portland, OR, the…

ginsburg, supreme, court

The Lasting Legacy of Supreme Court Justice Ruth Bader Ginsburg — Plus the Four Biggest Issues Currently at Stake Following Her Death

Supreme Court Justice Ruth Bader Ginsburg, who served on the nation’s highest court for 27 years, passed away Friday, Sept. 18 at the age 87. “As the second woman ever to sit on the highest court in the land, she was a warrior for gender equality — someone who believed…

BASF Invests Into Pyrum as Part of its ChemCyclingTM Project

Originally published on BASF.com  Pyrolysis oil from waste tires as additional raw material source next to oil from mixed plastic waste Investment will support construction of additional production capacities for pyrolysis oil Milestone in establishing a circular economy for post-consumer plastic waste Pyrolysis oil will partly replace fossil feedstock and…