Kimberly-Clark Corporation (NYSE:KMB) disclosed its transformation strategy, which includes a new operating model and key commercial initiatives.
The company plans to drive significant growth in its categories by investing in science and technology. It will focus on growing 12 powerhouse brands and drive over 80% of its net sales in five global daily-need spaces.
Also, Kimberly-Clark plans to optimize its margin structure through implementing initiatives and deploy technology and data analytics. The company expects to generate more than $3 billion in gross productivity and $500 million in working capital savings through supply chain modernization.
Apart from this, the company plans to reorganize its operations into three business segments – North America, International Personal Care (IPC) and International Family Care and Professional ...