P&G Trims Media Spending, Gets 'Lean' From Production To Market

P&G reduces "media waste" by 20% in 2017 and sees further cost-reduction opportunities through private marketplace deals with media companies. During an investor conference, CEO David Taylor says P&G is responding to retailer pressure with a “lean innovation” approach to move products to market more quickly.

Infrastructure

Procter & Gamble Co. moved savings from reducing "media waste" by 20% over the past year into programs that increased product sampling by 50% and the reach of its media by 10%, says President and CEO David Taylor.

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