Business Chief US+CAN Magazine September 2019 | Page 194

PEPSICO

PEPSICO LATAM HAS BEEN UNDERGOING A SIGNIFICANT SUPPLY CHAIN TRANSFORMATION AS THE COMPANY AT LARGE CONTINUES TO STREAMLINE AND OPTIMIZE THE EFFICIENCY OF ITS OPERATIONS

194

P epsiCo ’ s portfolio of evocative household names has a foothold in every major market around the world , and delivering those products to consumers in the most effective manner possible has become a company-wide strategic imperative . For PepsiCo ’ s operations in Latin America ( LATAM ), the centralization of procurement has been an ongoing endeavor for the past several years and the transformation is reaping dividends . As a key region for PepsiCo ’ s wider balance sheet , optimization of procurement and logistics in the region stands to have a significant impact on success at large . The procurement function is , in effect , essential to the company ’ s wider growth strategy . When new CEO , Ramon Laguarta , came in last year , there was a refinement in the company ’ s vision focused on how PepsiCo can become the leader in convenience food and beverages by winning with purpose rather than just performing – and this mentality is central to the company ’ s supply chain transformation .

SEPTEMBER 2019