P&G after cutting costs

General haulage isn’t something I’m normally interested in, but this caught my eye due to large amount of corporate language used, and the eye opening 120 days payment terms, which I presume caught others attention too, as this also popped into my mail box about a week after:

Dear partners,

As a frequent asked question, we would to clarify the below Payment Term point:

P&G has a target of 120 days yet we will proceed with max allowed terms in every specific country. We would like to encourage everybody to join and share the best proposal during this bidding event, 120 days is not a hard point yet our target.

So although I’m having trouble translating the original email, it seems to me like they would like to reduce their rates while taking as long as possible to pay.In the name of efficiency and environmental friendliness.