Stanley Black & Decker, Inc. (SWK) is benefiting from its multi-year global cost-reduction program, which comprises a series of initiatives to resize the organization, reduce inventory and optimize the supply chain to improve its profitability and reposition it to pursue sustainable long-term growth.Since its inception in mid-2022, this program has generated roughly $1.4 billion in pre-tax run-rate savings and reduced inventory by more than $2 billion. The program is expected to continue lowering costs over ...