PepsiCo We are undergoing business transformation to better navigate volatility and optimize operations.
In the latest revenue conversation, CEO Ramon Laguarta said the company is investing in technology, artificial intelligence and data within its conversion strategy.
As part of these efforts, it combines two previously operated full business value chains (North American beverage and convenience food business) with $30 billion worth of convenient food each, reducing costs and creating new efficiencies.
“We started the process of identifying synergies, particularly reducing duplication, adopting harmonious best practices, integrating and integrating management and support capabilities,” he said.
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Optimizations include:
Redesigned warehouse and distribution center facilities to better support both food and drink products.A modernized infrastructure with inter-facility automation and digital connectivity.Improves efficiency for commercial and merchandising models with digital tools to help frontline associates operate more efficiently.Optimized back-office and management capabilities to provide integrated support in North America.
“The savings achieved from these actions can help unify consumer insights and analytics and accelerate the evolution of innovation activities and portfolio,” added Laguarta.
