date:Mar 12, 2013
Diageo, the maker of Johnnie Walker whiskey and Smirnoff vodka, is to restructure its global supply and procurement operations by reducing the role of five regional structures and giving more control to local managers in its 21 key emerging markets.
The move, which is a result of the company's increasing growth in new emerging markets, will help Diageo achieve cost savings of around 60m per annum starting from 2016 and incur around 100m as restructuring charges.
Diageo sales from emerging mark