BD Eliminates Distributor Incentives, 1,000 Jobs In Restructuring Initiative
This article was originally published in The Gray Sheet
Executive Summary
Becton Dickinson's plan to eliminate certain distributor incentive programs that create unpredictability and inefficiency in inventory management will cost the firm about $50 mil. in FY 2000 fourth-quarter revenues and cut earnings by six cents per share, the company announced Sept. 26.