1. Company Profiles
The name P&G combines William Procter with James Gamble - Procter & Gamble. On April 12, 1837, they started producing and selling their soap and candles. On August 22, they formalized their business relationship by pledging $3,596.47 a piece. The formal partnership agreement is signed on October 31, 1837 what began in 1850 as a small, family-operated Soap and Candle Company now provides personal care of superior quality and value to consumers in 140 countries. Since 2000, the P&G president and chief executive A.G. Lafley leads community consists of nearly 98,000 people working in almost 80 countries worldwide.
Procter & Gamble SA (P&G) is a chemical company. It is one of the newest P&G subsidiaries. The company offers services in the areas of beauty and grooming, health and well-being, and household care. It markets different brands like Head & Shoulders, Pantene, Pampers, Always, Tampax, Oil of Olay, Vicks, Pringles, Old Spice and Hugo Boss. Procter & Gamble in South Africa principally into production of cleaning products and beauty care products. P&G uses its South African base to export to neighboring SADC countries. The company has offices in Johannesburg and Cape Town. P& G has its Headquarters in Ohio, US.
Legacy systems in particular lock companies into old business designs and bury management in multiple views of disaggregated and inconsistent information. Untangling the web of competing priorities and misinformation is a critical component of preparing to handle new compliance burdens. But regulatory requirements are not the only force of change. Companies are relentlessly pursuing supply chain improvements. Emerging markets, having been tapped as sources of low-cost production, are quickly becoming the focal points of top-line growth. Competitive forces are demanding that companies collaborate beyond enterprise walls in “business webs,” and the real time
References: AMR Research Special Advertising Supplement, as cited inBusiness Week, March 27, 2006. Eugene Munson, P&G Financial Manager for Fabric & home-carebusiness. As cited in “Can Tech Untangle Sarbanes Oxley?”Fortune, September 29, 2003. D. Prior and N. Rayner, “How Procter & Gamble Runs Its Global Business on SAP,” February 25, 2002. Interview with Glenn Wegryn, Global Analytics, Procter & Gamble, conducted by Alan Majer and Denis Hancock, March 23, 2006 Interview with Robert Scott, Vice President of IT, Procter &Gamble, conducted by Alan Majer, December 7, 2005. Interview with Leslie Hagan, Content Manager Leader, General Electric, December 15, 2005. “Can Tech Untangle Sarbanes-Oxley?” Fortune, September 29, 2003. “P&G Signs Deal to Acquire The Gillette Company: Raises Long-Term Sales Growth Outlook”, The Procter & Gamble Company,January 28, 2005 http://www.pginvestor.com/phoenix.zhtml?c=104574&p=irolnewsArticleMain&ID=667876