May 17, 2020

Coca-Cola sells production plants to overhaul US supply chain

Coca-Cola
Beverage
Supply System
US
Admin
1 min
Coca-Cola sells production plants to overhaul US supply chain
Stay Connected! Follow @MrNLon and @SupplyChainD on Twitter.

Global beverage giant Coca-Cola is planning to sell nine of its US-based production plants...

Stay Connected! Follow @MrNLon and @SupplyChainD on Twitter.

Global beverage giant Coca-Cola is planning to sell nine of its US-based production plants as part of new measures which will see the company cut costs significantly through creating a new supply system.

The Wall Street Journal reported that the plants in question will be sold to three of the country’s largest bottlers: Coca-Cola Bottling Co. Consolidated, Coca-Cola Bottling Company United, and Swire Coca-Cola USA.

RELATEDCoca-Cola-Enterprises keeping the Christmas cheer flowing

In a recent press release, Muhtar Kent, Coke’s Chairman and Chief Executive Officer said: “Our U.S. operating model continues to become stronger, more aligned and more competitive. Today we are taking further action to enable profitable growth for our entire U.S. system

“We will leverage the strengths and capabilities of the four largest producing bottlers in our US system, CCR, Consolidated, United and Swire to operate as one highly aligned and highly competitive national product supply system.”

The company has been pursuing divestment since 2013, in which time it has sold off delivery trucks, warehouses and bottling assets.  

Read the September Issue of Supply Chain Digital. 

SOURCES: [Wall Street Journal; Fortune]

Share article

Most popular

This block is broken or missing. You may be missing content or you might need to enable the original module.
Jul 30, 2021

The Ultimate Procurement & Supply Chain Event

Procurement
Supplychain
live
event
3 min
Take a look at our agenda for Procurement & Supply Chain Live, where innovation meets implementation, coming to you live from London

From September 28th-30th, network with C-level executives, gain insight from industry pioneers and walk away with actionable insights that accelerate your career. By the end of the week, we promise you’ll have the skills to solve the world’s most pressing supply chain and procurement challenges. 

The three-day show is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats. Whether you attend virtually or in person, you’ll strategise how to cope with global disruption, learn from industry leaders, and walk away with tips, tactics, and tangible connections. 

 

How to Attend

 

In a COVID-disrupted era, we know that the majority of people would rather avoid travelling for events─why take the risk, right? In response to the continued disruption, BizClik Media Group has decided that Procurement & Supply Chain LIVE will offer the best of both worlds through hybrid accessibility. 

That means you and your peers can attend the event in person or virtually ─ with no disadvantages for people who choose not to make the trip to the Tobacco Dock venue. 

 

In-Person

 

Procurement & Supply Chain LIVE will be held at the Tobacco Dock in London, an industry-leading venue that is renowned for delivering world-class events. For attendees’ peace of mind, the venue is working to the government-endorsed AEV All Secure Framework, alongside mia’s AIM Secure and ‘Good to Go’ accreditation, they will ensure that we achieve a COVID-secure environment to facilitate all of your networking needs. 

 

Virtually

 

Our physical venue is both historic and stunning, but it has no bearing on the information that you and your peers can gain from the event. You can still absorb it all, interact with other attendees, and enjoy the conference experience on your alternative, virtual platform. 

The platform will feature live feeds from all of the stages, as well as virtual networking areas. So, if you want to avoid travel, it’s not a problem! You can still get involved and enjoy the entire experience from the comfort of your own home. 


 

What’s on the agenda?

 

With keynote addresses from global leaders, dynamic roundtable discussions, and extensive networking opportunities, Procurement & Supply Chain 2021 will expand your network, deliver insight, and enhance your organisation’s reach. 

Across the three-day event, a number of relevant topics and trends surrounding procurement and supply chain will be discussed. 

 

  • Tuesday 28 September - Digital supply chain
  • Procurement strategy (11:30 am)
  • Supply chain leaders forum (12:00 pm)
  • Women in supply chain (14:00 pm)
  • Procurement technology (14:30 pm) 
  • Wednesday 29 September - Procurement consulting
  • Sustainability (11:30 am) 
  • Supply chain management (12:00 pm) 
  • Digitalisation (14:00 pm)
  • Risk & Resilience (14:30 pm)
  • Thursday 30 September - APAC sessions (04:00 am)


 

Influential executives from around the world will give their insights and professional experiences surrounding these topics, allowing you and your company to leave with valuable information. 

The past year has shown how important supply chains are and the importance of managing them correctly. With increasing digitalisation across all industries, you won’t want to miss out on our great speakers and information surrounding this topic. Preparing your company for the future is key, and we are sure you will gain great insights at our three-day event. 

Order now to make the most of our early-bird offer. Ticket prices increase over 50% soon! For tickets and information, head over to our event site.

Share article

Most popular

This block is broken or missing. You may be missing content or you might need to enable the original module.