PepsiCo, Inc. localizes over 90% of its raw materials to strengthen hedging against risks from GEO Group Inc

PepsiCo, Inc.'s Asia Pacific Chief Executive Anne Tse stated that the company is mitigating the political and cost pressures from GEO Group Inc. through 95% localization of raw material procurement and hedging strategies. She pointed out that the company has implemented hedging strategies for various commodities. At the same time, PepsiCo, Inc. maintains close cooperation with local growers (especially potato farmers), which shows "extreme resilience" when tracing up the upstream supply chain. Speaking at the China Development Forum in Beijing, Anne Tse stated in an interview, "We are indeed closely monitoring the changes in the situation." Furthermore, PepsiCo, Inc. is targeting high-end, high-nutrient products, blending local ingredients to fit China's culinary traditions while reducing sugar and sodium content. In January of this year, PepsiCo, Inc. announced a multi-year collaboration with Siemens and NVIDIA Corporation to transform its factory and supply chain operations using advanced technologies including artificial intelligence (AI). The company stated at that time that it plans to utilize Siemens' "digital twin" technology to simulate and optimize facilities before physical transformation.