Business Chief USA March 2019

EDGEWELL PERSONAL CARE
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such impacts in the future. Whether it is
alternative sourcing and manufacturing
strategies, or changing up product strategies
or our specifications. However, we are not
done here, as there are still ongoing efforts
to ensure we strategically manage impact
of tariffs on various other categories, including
imports from China.”
EPC Procurement Managers are tasked
with not only understanding EPC’s business
needs, but also develop their expertise on
macroeconomics, cost drivers, competitive
benchmarking, external innovations and more.
The procurement team is then able to utilize
this insight and intelligence to implement
multi-year sourcing strategies. These multiyear
strategies will then define how to deliver
further value within the different lines of
businesses at EPC. The team is also driving
value through commodity risk management
across all lines of business. By implementing
strategies for most of its commodities to share,
transfer, operationalize, deflect or even hedge
ongoing risks, EPC has different strategies
dependent on each commodity and what is
happening in the supply markets. Taking
advantage of these levers has allowed the
team to provide increased visibility to its
business stakeholders.
“It’s understanding where an impending
MARCH 2019