The Procter & Gamble Company at a Glance

Uppers

  • Flexible work schedules.
  • Lots of training opportunities.

Downers

  • Long hours for many people.

The Bottom Line

  • Procter & Gamble Company offers hard-working employees a lot of opportunities to improve their skills and climb the ladder.

About The Procter & Gamble Company

The Procter & Gamble Company (P&G) boasts dozens of billion-dollar brands for home and health. The world's largest maker of consumer packaged goods divides its business into five global segments that comprise its vast portfolio of hair, skin and personal, oral, family, feminine, and baby care product lines. About two dozen of P&G's brands are billion-dollar sellers, including Always, Braun, Crest, Fusion, Gillette, Head & Shoulders, Mach3, Olay, Oral-B, and Pantene, as well as Bounty, Charmin, Dawn, Downy, Gain, Pampers, and Tide. Other major brands include Febreze, Mr. Clean, Old Spice, and Swiffer. In 2016 P&G sold a significant portion of its Beauty segment's products to beauty products company Coty for $11.4 billion.

Operations

P&G operates its business globally through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine, and Family Care. In 2016, the company sold a large portion (some 40 brands) of its Beauty segment products to Coty.

The Fabric Care and Home Care segment is its largest (32% of 2016 sales). It is comprised of laundry detergents, additives, and fabric enhancers, as well as dishwashing liquids and detergents, surface cleaners and air fresheners, batteries, and pet care. Brands within this segment include Ariel, Downy, Gain, Tide, Cascade, Dawn, Febreze, Mr. Clean, and Swiffer.

Baby, Feminine, Family Care segment (28%) makes and markets diapers, baby wipes, feminine care, and paper products under the popular Pampers, Luvs, Tampax, Always, Bounty, and Charmin brands.

The company's Beauty segment (18% of net sales in 2016) makes and markets a variety of products, including deodorants, cosmetics, and skin care. It features Olay, the world's top facial skin care brand along with the Pantene and Head & Shoulders hair care brands. Other brands include Old Spice and Safeguard deodorants, among other brands.

Through its long-established Gillette franchise, which boasts the Fusion, Mach3, Prestobarba, and Venus brands, P&G's Grooming segment (10%) also offers electronic hair removal devices, such as electric razors and epilators, sell under the Braun name worldwide. P&G's Health Care segment (11%) includes oral care and personal health care products under the Crest, Oral-B, Vicks, and Prilosec product lines.

Geographic Reach

P&G has operations in some 70 countries worldwide. It generates about 44% of its revenue from its business in the US and Canada. P&G's remaining revenue comes from Western Europe, Asia, Latin America, and Central & Eastern Europe/Middle East/Africa (CEEMEA).

To support its US operations, P&G owns and operates 24 manufacturing sites across more than 18 states and territories. Additionally, it also owns and operates about 100 production facilities in 38 other countries. Typically, its domestic and international manufacturing sites produce products for multiple P&G businesses.

Sales and Marketing

Along with its vast stable of brands, P&G each year has invested mightily in advertising its products. It spent $7.2 billion on advertising expenses in 2016, compared to $7.2 billion in 2015 and $7.9 billion in 2014. However in mid-2017, P&G updated this strategy dramatically, stating it will cut a whopping $2 billion in marketing spending over five years. This total includes $1 billion or more in media and around $500 million in agency fees.

P&G sells its products worldwide through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons, e-commerce and high-frequency stores, and neighborhood stores that serve consumers in developing markets. Meanwhile, the consumer products company continues to strengthen its footprint in other sales channels, such as pharmacies, perfumeries, and e-commerce.

Strategy

P&G has turned to its highest revenue-generating products for the most growth potential. Even though P&G holds market-leading positions in several product categories, the company has been focusing resources on its roughly 40 best-selling brands. Best sellers are those that generate more than $500 million annually and represent some 85% of sales; brands that fall below this metric are typically sold off. Along with continuing to grow its core brands and categories through innovation, P&G is looking to build its business by catering to unserved and underserved consumers.

In a massive $11.4 billion deal in 2016, P&G sold 40 of its fragrance, cosmetics, salon and retail hair products to beauty products company Coty. Higher profile brands involved in the sale, which were part of the company's Beauty segment portfolio, included Wella shampoos and Clairol hair care products, CoverGirl and Max factor cosmetics, and Gucci, Hugo Boss, Lacoste, and Escada luxury fragrances.

In 2016, P&G completed the divestiture of its batteries business to Berkshire Hathaway via a split transaction, in which the company exchanged the Duracell Company for $1.8 billion in cash. The divestiture was part of P&G's portfolio strengthening and simplification plans to streamline the business and focus more on its biggest brands such as Tide, Pampers, and Oral-B.

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The Procter & Gamble Company

1 Procter And Gamble Plz
Cincinnati, OH 45202-3393
Phone: 1 (513) 983-1100
Fax: 1 (513) 983-4381

Stats

  • Employer Type: Public
  • Stock Symbol: PG
  • Stock Exchange: NYSE
  • Chairman, President, and CEO: David S. Taylor
  • Vice Chairman and CFO: Jon R. Moeller
  • Chairman, President, and CEO: David S. Taylor
  • 2017 Employees: 95,000

Major Office Locations

  • Cincinnati, OH

Other Locations

  • Birmingham, AL
  • Vestavia, AL
  • Fayetteville, AR
  • Phoenix, AZ
  • Anaheim, CA
  • Beverly Hills, CA
  • Canoga Park, CA
  • Ceres, CA
  • City Of Industry, CA
  • Glendale, CA
  • Irvine, CA
  • Los Angeles, CA
  • Mission Viejo, CA
  • Oxnard, CA
  • Palm Desert, CA
  • Palo Alto, CA
  • Rancho Cucamonga, CA
  • Roseville, CA
  • Sacramento, CA
  • San Diego, CA
  • San Francisco, CA
  • San Ramon, CA
  • Santa Clara, CA
  • Venice, CA
  • Walnut Creek, CA
  • Bethel, CT
  • Danbury, CT
  • Washington, DC
  • Dover, DE
  • Boca Raton, FL
  • Jacksonville, FL
  • Miami, FL
  • Orlando, FL
  • Palm Beach Gardens, FL
  • Tampa, FL
  • Albany, GA
  • Atlanta, GA
  • Augusta, GA
  • Lagrange, GA
  • Sharpsburg, GA
  • Iowa City, IA
  • West Branch, IA
  • Chicago, IL
  • Lombard, IL
  • Marengo, IL
  • North Chicago, IL
  • Rosemont, IL
  • Skokie, IL
  • Indianapolis, IN
  • Kansas City, KS
  • Lexington, KY
  • Baton Rouge, LA
  • Pineville, LA
  • Andover, MA
  • Ayer, MA
  • Boston, MA
  • Newton, MA
  • Belcamp, MD
  • Bethesda, MD
  • Hunt Valley, MD
  • Auburn, ME
  • Troy, MI
  • Eden Prairie, MN
  • Minneapolis, MN
  • Hematite, MO
  • Jackson, MO
  • Kansas City, MO
  • Saint Louis, MO
  • Browns Summit, NC
  • Charlotte, NC
  • Greensboro, NC
  • Henderson, NC
  • Aurora, NE
  • Avenel, NJ
  • Freehold, NJ
  • Paramus, NJ
  • New York, NY
  • White Plains, NY
  • Blue Ash, OH
  • Columbus, OH
  • Lima, OH
  • Mason, OH
  • Oregonia, OH
  • Union, OH
  • West Chester, OH
  • Norman, OK
  • King Of Prussia, PA
  • Mehoopany, PA
  • Pittsburgh, PA
  • Tunkhannock, PA
  • Nashville, TN
  • Austin, TX
  • Dallas, TX
  • Frisco, TX
  • Irving, TX
  • San Antonio, TX
  • The Woodlands, TX
  • Bellevue, WA
  • Issaquah, WA
  • Seattle, WA
  • Tacoma, WA
  • Green Bay, WI
  • Wauwatosa, WI
  • Bruxelles, Belgium
  • Belleville, Canada
  • Brantford, Canada
  • Brockville, Canada
  • Calgary, Canada
  • Etobicoke, Canada
  • North York, Canada
  • Saint-Laurent, Canada
  • Sorel-Tracy, Canada
  • Thornhill, Canada
  • Grays, England
  • Weybridge, England
  • Whitley Bay, England
  • Groß-Gerau, Germany
  • Aspropyrgos, Greece
  • Ahmedabad, India
  • Alwar, India
  • Bengaluru, India
  • Chennai, India
  • Ernakulam, India
  • Gurgaon, India
  • Hyderabad, India
  • Kolkata, India
  • Lucknow, India
  • Mumbai, India
  • Mysore, India
  • New Delhi, India
  • Solan, India
  • Solan Dist, India
  • Newbridge, Ireland
  • Apaseo El Grande, Mexico
  • Apizaco, Mexico
  • Ciudad De Mexico, Mexico
  • Naucalpan, Mexico
  • Tepeji Del Río, Mexico
  • Oslo, Norway
  • Panama City, Panama
  • Cabuyao, Philippines
  • Makati, Philippines
  • Taguig, Philippines
  • Moscow, Russia
  • Singapore, Singapore
  • Petit-Lancy, Switzerland
  • Klong Toei, Thailand
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