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Stock impact report

A consumer-packaged goods giant is harnessing AI to produce more toothpaste and dog food in less time [Business Insider]

Colgate-Palmolive Company (CL) 
Last colgate-palmolive company earnings: 5/1 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.colgatepalmolive.com
This article is part of "The Future of Supply-Chain Management," a series on companies' manufacturing and distribution strategies. Colgate-Palmolive produces more than 15,000 tubes of toothpaste a minute. To ensure the manufacturing line was running properly, an employee would perform quality checks every 30 minutes to make sure that the Colgate toothpaste tube was aligned properly, its seal was sturdy, its artwork was printed properly, and the box's case matched the tube. But with new technology investments, sensors, and other digital tools, the company can now conduct quality checks continuously. Similarly, the consumer products giant is rolling out analytical testing for Hill's pet food, using robotics to ensure the quality of the food matches the desired formulation. With less human intervention, "people can really focus on the operation of the lines," Luciano Sieber, Colgate-Palmolive's chief supply-chain officer, told Business Insider. How COVID changed supply chains Show less Read more
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