L'Oreal Controls Costs and Protects Margins
L'Oreal deploys Informance International's solutions and advisory services in itsNorth American plants as part of its trade promotion management (TPM) initiative. With Informance, the consumer goods company is expected to drive and sustain manufacturing operations performance to increase capacity and reduce costs.
"We face new product launches as well as constant demand to bring down our material and labor costs," notes Richard Jones, vice president of Manufacturing for L'Oreal. "Using Informance as part of our TPM initiative, we can look to the value chain to combat these concerns, rather than pass along the impact to consumers. In other words, we can step up efficiency and have an impact on profitability via operational excellence."
L'Oreal selected the new solutions in order to assess improvement opportunities and align plant tactics with corporate strategies. It will also look to the Informance team to make recommendations for the most efficient use of the information to sustain the effects of operational excellence activities. Plant and executive management will use the solutions to measure and report the financial impact of performance improvements, and to discover, evaluate and take action on opportunities in its manufacturing operations.
"We face new product launches as well as constant demand to bring down our material and labor costs," notes Richard Jones, vice president of Manufacturing for L'Oreal. "Using Informance as part of our TPM initiative, we can look to the value chain to combat these concerns, rather than pass along the impact to consumers. In other words, we can step up efficiency and have an impact on profitability via operational excellence."
L'Oreal selected the new solutions in order to assess improvement opportunities and align plant tactics with corporate strategies. It will also look to the Informance team to make recommendations for the most efficient use of the information to sustain the effects of operational excellence activities. Plant and executive management will use the solutions to measure and report the financial impact of performance improvements, and to discover, evaluate and take action on opportunities in its manufacturing operations.