OverviewOverview $17.1B global consumer products company, founded in ,000 Colgate people worldwide Products sold in 223 countries Four core categories – Oral Care– Personal Care – Pet Nutrition– Home Care $17.1B global consumer products company, founded in ,000 Colgate people worldwide Products sold in 223 countries Four core categories – Oral Care– Personal Care – Pet Nutrition– Home Care
18% Sales by Geography – Q % 21% 29% 13% Hill’s Pet Nutrition Europe/ South Pacific Greater Asia/Africa North America Latin America
Among the World’s Most Recognizable Brands
Oral Care Home Care Personal Care Pet Nutrition
Strategies for Cross- Functional Collaboration to leverage resources
Champions CEO, CPO, President NA Leadership SD Category Leaders Advisory Council Sr. Management Supplier Diversity Structure
Organizational Goals Cost Savings Supplier reduction GlobalizationInnovation Community involvement Sustainability Cost Savings Supplier reduction GlobalizationInnovation Community involvement Sustainability
Internal/ExternalInternal/External InternalProcurement –Categories leaders Advisory Council –Functional heads D & I –Advocates Contributions InternalProcurement –Categories leaders Advisory Council –Functional heads D & I –Advocates Contributions External Industry groups –Benchmark data Councils –Supplier information ISM –Procurement knowledge Prime Suppliers
Collaboration Tools Technology - s -Chat rooms -Teleconference -Huddle rooms -Internet -Intranet -Colgate communities -Supplier Diversity ForumTechnology - s -Chat rooms -Teleconference -Huddle rooms -Internet -Intranet -Colgate communities -Supplier Diversity Forum
What’s the Plan Annual/quarterly SD Communication to the Organization Expand organizational awareness to all functional group heads and training to all in Procurement Integrate SD into our Business Mandates Support the Expansion of SD in other divisions Expand Reporting Identify the Gaps for opportunities Annual/quarterly SD Communication to the Organization Expand organizational awareness to all functional group heads and training to all in Procurement Integrate SD into our Business Mandates Support the Expansion of SD in other divisions Expand Reporting Identify the Gaps for opportunities
StrategiesStrategies Pre meetings with Category teams and stakeholders Quarterly Supplier Diversity Forums –Action plans Supplier Diversity Days 2 nd tier Engagement Examples and success stories on suppliers capabilities and performance –labels, furniture, capital equipment, advertising Pre meetings with Category teams and stakeholders Quarterly Supplier Diversity Forums –Action plans Supplier Diversity Days 2 nd tier Engagement Examples and success stories on suppliers capabilities and performance –labels, furniture, capital equipment, advertising
Take Aways Schedule meeting times with each category team to understand the opportunities/challenges/Key Suppliers Assign Assignments for greater engagements Findings and due diligence are done upfront Stay focused on the goals that support the organization and Supplier Diversity Follow-up Schedule meeting times with each category team to understand the opportunities/challenges/Key Suppliers Assign Assignments for greater engagements Findings and due diligence are done upfront Stay focused on the goals that support the organization and Supplier Diversity Follow-up
To Be the Best Truly Global Consumer Products Company Colgate’s Vision
To be a World Class Program SD Vision
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