date:May 09, 2014
by both lower headcount and non-headcount costs.
Irene Rosenfeld, Mondelēz c.e.o., elaborated on the plan while participating in a May 6 conference call with investment analysts.
With the help of Accenture we used Z.B.B. (zero-based budgeting) analytical tools to look objectively at our overhead costs and compare them to best-in-class external benchmarks, she said. This has enabled us to question how, where, and why we spend our money. While this certainly involves addressing headcount were a