San Miguel Corporation is integrating all its offices as part of the management objective under San Miguel chairman and chief executive officer Eduardo M. Cojuangco Jr., to reduce costs and speed up the communication and feedback process within the group's organization.
SMC said this move, along with the company's organizational restructuring over the last 18 months, will result in estimated savings of over P500 million on an annual basis.
To better facilitate the processing of all operational and financial information within the group, both domestic and international, San Miguel plans to further enhance its total on-line system for its head office units.
SMC is expected to complete early this year the relocation of all its staff and service units in Metro Manila to the SMC Head Office Complex (HOC) and to its adjacent San Miguel Properties Centre (SMPC) in Mandaluyong City.
In March, the San Miguel Food Group is also scheduled to transfer its offices to SMPC from its rented offices in West Bicutan, Taguig.
Last month, San Miguel Packaging Products (SMPP) moved to the SMPC from a full-rented building in Makati. …