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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>

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