PEPSICO
improve its sourcing strategies and help it to manage costs.
One key example is in supplier risk, as Lauren explains:“ It’ s the same thing when we look at some of the risk tools we’ re evaluating. We can really see how potential supply risk is going to influence our ability to produce.
“ This helps us not only meet consumer needs, but also minimises waste, which goes back to our longterm sustainability goals.”
The future of digital procurement As Lauren looks to the future of procurement, she also reflects on how much the industry has changed over the past 10 years, shifting from a few major players to a US $ 6bn industry of procuretech solutions.
She believes the industry is consolidating, impacting the role she plays in shaping PepsiCo’ s operations.
Lauren adds:“ My role will be identifying where we want to play and experiment and where we want to establish long-term true partnerships. This will involve strategically selecting technologies that align with our goals, but then also saying,‘ where do we want to innovate in this space?’.”
Lauren exemplifies how procurement professionals can drive meaningful change – not just in their organisations, but across the broader profession.
By balancing technological innovation with people-focused leadership, she is helping to shape the future of digital procurement with one of the world’ s most recognised consumer brands.
aimagazine. com 117