P&G Launches “Smart Lab” At University of Illinois Research Park

By John Heerdink LinkedIn

Reportedly, The Procter & Gamble Company (PG) has come up with its first “Smart Lab” in association with the University of Illinois Research Park to speed up research and development. The initiative is proposed to bring together students and P&G employees and speed up the execution of research projects within weeks rather than months. Students work part-time at the lab and full-time during breaks and summers. P&G associate manager of Consumer & Market and Site Director, Brad Miller has been currently focusing on analytics and forecasting for the Bounty Essentials and Prints lines to assist brand managers in making informed decisions.

“We are on the verge of the next generation of tools and methodologies to find meaningful insights into the ways we touch and improve the lives of our billions of consumers,”, “The Smart Lab will open the door to truly interdisciplinary work, giving us quick insights into human behavior. We are excited to build a space where students can come to learn, grow and innovate,” stated Miller.

The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe.  To learn more about Procter & Gamble (PG) and to continue to track its progress please visit the Vista Partners Procter & Gamble Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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