6 Plants piloting smart glasses to communicate in real time
In our manufacturing operations, we expanded use of digital technology such as tablets and smart glasses to improve effectiveness and efficiency. When working with equipment, employees can scan QR codes on a machine to find relevant manuals and information at their fingertips. Additionally, six plants are piloting smart glasses that allow experts located elsewhere to see exactly what our employees see and communicate with them in real time while also reducing travel time and costs.
Enterprise and strategic initiatives, including investment in a new manufacturing facility for Home Care products, continued investment in a new manufacturing process for our Glad trash bags and a number of other administrative improvements, contributed to $122 million in cost savings.
We enhanced a number of our cash management and payment processes across 11 countries in Latin America, resulting in reduced complexity and cost as well as strengthened internal controls.
2020 Strategy Recap
We drove significant productivity gains generating nearly $700 million in total cost savings and providing the fuel needed to grow our brands:
Investments in a new manufacturing process for our Glad trash bags that addresses an unmet consumer need of leak, rip and odor protection using less resin.
Changes to both the formula and manufacturing process for Kingsford charcoal.
Redesign of our larger-size cat litter cartons to eliminate excess packaging that consumers do not value while making it easier to handle.
Improvements to our namesake bleach with polyelectrolyte complexes, or PECs, technology, making it easier to clean hard surfaces and improve the whitening performance in laundry.
74% of new products launched in 14 months or less
We executed dozens of significant, cross-functional agile programs and hundreds of smaller initiatives within business units and functions, led by the efforts of more than 130 experts trained in agile business processes. Nearly every project has reduced lead time, increased efficiency and improved the employee experience.
We simplified financial forecasting to eliminate approximately 80,000 hours of work annually, streamlining the process and increasing productivity.
In sales, by focusing on what resonated most with consumers, we eliminated 80% of the time spent developing messaging and materials.
We continue to reduce the amount of time required to bring innovation to market, launching approximately 74% of new products in 14 months or less, compared to 22 months in fiscal year 2014.
We achieved millions of dollars in cost savings by streamlining processes across our brands and functions. For example, we simplified planning for rail car deliveries at our Spring Hill, Kansas, litter plant, resulting in improved rail carrier service, protection against disruptions and $2 million in cost savings.
80,000 hours of work eliminated annually
We decreased production and streamlined activities in our business planning process, resulting in a 40% reduction in time spent.
We reduced the time required to set up new products and packages in our systems by over 50%, allowing us to respond faster to changing market conditions.