Kraft to slash supplier base

摘要

Despite the proposed purchase of Cadbury, Kraft Foods plans to halve its supplier base to save more than $300 million (€203m) a year.rnThe company aims to consolidate everything from ingredients to packaging materials to improve productivity and simplify purchasing processes that has arisen from the numerous acquisitions in the recent years.rnThe review of purchasing and expected savings from cost cuts come before any potential Cadbury deal. Purchasing is the largest area where the company feels it can cut costs, according to spokesman Michael Mitchell.