Digital Transformation: Empowering PepsiCo's Procurement
No one can argue the profound impact digital tools are having on procurement, allowing organisations big and small to gain competitive advantage. Perhaps this cutting-edge tech is more vital to large enterprises like PepsiCo, whose net revenue stands at US$92bn.
With an employee base of 318,000 and a portfolio of products, including Lays, Doritos, Pepsi Cola and Mountain Dew, enjoyed a billion times every day, PepsiCo needs a procurement function at the very top of its game.
As PepsiCo looks to unlock efficiency across the board, procurement’s focus is on aligning with the wider company vision and, with that, two key pillars.
The first concerns strategic supplier partnerships – in other words, trying to negotiate better terms and achieve savings, but also long-term partnerships that drive innovation.
The second is a strong prioritisation of sustainable solutions. PepsiCo’s procurement professionals are constantly looking for new ways to make good on the organisation’s environmental commitments, outlined by the company as PepsiCo Positive (pep+) /such as reducing greenhouse gas emissions, becoming net water positive and reducing the use of virgin plastic.
To read the full article in the magazine, click HERE.
Explore the latest edition of Supply Chain Digital Magazine and be part of the conversation at our global conference series, Procurement & Supply Chain LIVE.
Discover all our upcoming events and secure your tickets today.
Supply Chain Digital is a BizClik brand

