Bard to cut distribution centres to one:
This article was originally published in Clinica
CR Bard plans to cut its European distribution centres from eight to one. The move is part of its restructuring measures, which are expected to result in a one-off charge in the third quarter. The benefit would be felt by 1999, explained the company's chairman, William Longfield. "We are looking at saving $40 million to $50 million in the cost of goods," he said. The company intends to focus on vascular, oncological and urological diagnosis and intervention.
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