Business Chief US+CAN Magazine September 2019 | Page 196

PEPSICO
196

“ THE FIRM ’ S STRONG PARTNERSHIP MANAGEMENT IS TIED INTO THE SUCCESS OF ITS NEW FLEET MANAGEMENT CAPABILITIES ”

With its LATAM operations accounting for around 11 % of PepsiCo ’ s global revenues , optimizing supply chain and procurement operations in the region is essential for continued growth at both a national and global level . Leveraging relationships with suppliers worldwide is key , along with the capacity to negotiate on a global scale whilst simultaneously servicing and supporting local markets . In 2012 , previous CEO Indra Nooyi set a goal of securing $ 1.5bn in cost savings through streamlining and incrementally upgrading the company ’ s productivity ,
SEPTEMBER 2019