As the chief procurement officer of one of the biggest consumer products companies on the planet, Rick Hughes isn't rattled easily. But when he got word in January 2005 that his company, Procter & Gamble, was buying rival Gillette in the largest-ever consumer products industry merger, his first thought was something along the lines of: "Wow, how are we going to pull this off?"
Fast forward two years post-merger and the newly integrated company is humming along on all cylinders with a streamlined procurement organization and a stronger and more competitive supply base. Here's how it happened.
Source: Purchasing, www.purchasing.com