Fund growth

In order to fund growth, we will implement new approaches to optimize resource allocation, focus on net revenue management, further increase efficiency in our structures, and continue to expand our Global Supply Chain organization. Together, these initiatives will contribute to further improving profitability and enable us to fund our growth ambitions for 2020 and beyond.

Value-creating Resource Allocation

"Value-creating resource allocation" will help to further optimize cost management through increased global budget transparency across defined cost categories, and through improved budget allocation.

Net Revenue Management

Net revenue management,will enable increased efficiency of Henkel's promotion activities. This will include, for example, leveraging exclusive consumer and shopper insights, as well as category expansion or development of new categories with retail partners.

Most Efficient Structures

Henkel will also continuously work on the implementation of most efficient structures, for example, through the ongoing transformation of its shared service centers which handle a broad range of processes in a highly standardized and digitized way across all business units. In addition, the company will also continue to optimize and consolidate its global manufacturing and warehouse footprint.

ONE! Global Supply Chain

Following the successful start in Europe, and the set-up of hubs in both Europe and Asia, Henkel's, integrated Global Supply Chain,organization will be further rolled-out in all regions.