Manage commodity cycles and create resilience by implementing global category strategies Need case to reinvest in growth and brand Leverage scale across all manufacturing unit globally Drive sustainability and innovation by leveraging supplier capabilities Improve compliance and introduce streamlined and standardized sourcing, contracting, and procurement processes Rationalize the supply base and institute global supplier performance management Decentralized and siloed procurement organizations across sites and business units, with limited visibility into procurement 80% of spend was single sourced Lack of effective category sourcing strategies Contracts often failed to document prices, leading to non- compliance and lost opportunities to reduce

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