PEPSICO
PROCUREMENT TECHNOLOGY
PEPSICO
HEADQUARTERS: NEW YORK, US NUMBER OF EMPLOYEES: 318,000 MARKET CAP: US $ 200BN NUMBER OF COUNTRIES: 200 +
“ Too many teams are stuck reporting on last month instead of using real-time insights to shape what happens next.”
By centralising and automating spend data at the point of purchase, teams gain live, trusted insights that empower proactive actions such as negotiating better supplier terms or driving new opportunities.
Automating reconciliation and eliminating low-value admin enhances procurement’ s capacity for strategic, high-value work, including supplier diversification and resilience initiatives.
AI’ s growing role in spend analytics AI is fast becoming“ the backbone of spend analytics,” according to Brandon.
“ The quickest wins are in automation and risk control,” he continues.“ AI can categorise and enrich thousands of tail-spend transactions in seconds, eliminating manual coding and giving procurement a clean, comparable view of spend by supplier, category and team.
procurementmag. com 111