Business Chief USA December 2019
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PEPSICO<br />
PEPSICO LATAM HAS BEEN<br />
UNDERGOING A SIGNIFICANT SUPPLY<br />
CHAIN TRANSFORMATION AS THE<br />
COMPANY AT LARGE CONTINUES<br />
TO STREAMLINE AND OPTIMIZE THE<br />
EFFICIENCY OF ITS OPERATIONS<br />
146<br />
P<br />
epsiCo’s portfolio of evocative household<br />
names has a foothold in every major<br />
market around the world, and delivering<br />
those products to consumers in the most effective<br />
manner possible has become a company-wide<br />
strategic imperative. For PepsiCo’s operations<br />
in Latin America (LATAM), the centralization of<br />
procurement has been an ongoing endeavor for<br />
the past several years and the transformation is<br />
reaping dividends. As a key region for PepsiCo’s<br />
wider balance sheet, optimization of procurement<br />
and logistics in the region stands to have a significant<br />
impact on success at large. The procurement<br />
function is, in effect, essential to the company’s<br />
wider growth strategy. When new CEO, Ramon<br />
Laguarta, came in last year, there was a refinement<br />
in the company’s vision focused on how PepsiCo<br />
can become the leader in convenience food and<br />
beverages by winning with purpose rather than<br />
just performing – and this mentality is central to<br />
the company’s supply chain transformation.<br />
DECEMBER <strong>2019</strong>