Cost Cutting Strategy Gone Wrong

kraft-heinz-disaster-cost-cutting:  Cost Cutting Strategy gone wrong

I´m going to leave this article here just to take a note on this strategy, which is not procurement or strategic sourcing but just plain cost cutting. The results are eminent and “A Harvard Business School article in 2016 warned that the technique is “not a wonder diet for companies.” That prophesy was confirmed by Thursday’s catastrophic announcement from Kraft Heinz.”

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