Integrated Business Solutions
Productivity Programme
Productivity Benefits
(cumulative)
Programme summary at 31 March 2020
•
Delivered US$87m benefits after two years, ahead of expectations
Extended by two years and US$50m to US$150m by March 2024
Cash exceptional costs to increase from US$40m to around US$75m
Productivity drivers
•
Investing capital to reduce costs, including sustainability programme
Actual
benefits
•
Strong momentum in continuous improvement programme
·
Leveraging knowledge to improve supply chain processes.
•
Actions to simplify organisation
•
Next phase of zero-based budgeting
•
Increasing automation within the business
New
target
$150m
+$50m
$87m
$100m
(original target)
2019-20
2024
US dollars; Years ended 31 March
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