Business Chief USA September 2019

CLICK TO WATCH: ‘PEPSICO SUPPORTS RECYCLING IN LATIN AMERICA
WITH INNOVATIVE PROGRAMS’
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citing the firm’s positive performance
in the five volatile preceding years
for world economies. “Our goal is to
continue on that earnings trajectory
over the next five to 10 years, fully
recognizing that we need to make
changes to the way we operate to
address the challenges identified in the
review process,” said Nooyi in a press
statement at the time. “2012 will be
a transition year, in which we will be
taking the appropriate steps to build
a stronger, more successful company
going forward.” Latin America, as a
region, has been vital to the realization
of this ambitious goal. By combining
procurement and operations, both
delivering more cost-effective ways
of purchasing and enabling the supply
chain with new technologies – such
as the new fleet management system
– quarterly productivity has been
enhanced significantly both on a local
and wider level.
Partnerships have been particularly
crucial to the cost-saving strategy, as
more effective relationships can yield
higher quality solutions at cheaper
rates. Not only that, but the complex
nature of Latin America’s established
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