SupplyChain Magazine December 2019 | Page 171

CLICK TO WATCH : ‘ PEPSICO SUPPORTS RECYCLING IN LATIN AMERICA WITH INNOVATIVE PROGRAMS ’
171 upgrading the company ’ s productivity , citing the firm ’ s positive performance in the five volatile preceding years for world economies . “ Our goal is to continue on that earnings trajectory over the next five to 10 years , fully recognizing that we need to make changes to the way we operate to address the challenges identified in the review process ,” said Nooyi in a press statement at the time . “ 2012 will be a transition year , in which we will be taking the appropriate steps to build a stronger , more successful company going forward .” Latin America , as a
region , has been vital to the realization of this ambitious goal . By combining procurement and operations , both delivering more cost-effective ways of purchasing and enabling the supply chain with new technologies – such as the new fleet management system – quarterly productivity has been enhanced significantly both on a local and wider level .
Partnerships have been particularly crucial to the cost-saving strategy , as more effective relationships can yield higher quality solutions at cheaper rates . Not only that , but the complex
www . supplychaindigital . com