Table of Contents
Executive Summary 3
Introduction 3
PepsiCo Canada’s Brands 4
History 4
The Relationship Between Vision, Mission and Strategy Statements of 4
PepsiCo
Vision 5 Mission 5
Values 5 Strategy Statements 5
Articulate Why the Organization was Recognized as One of Canada’s 6
Top 100 Employers
Describe the Firm’s Competitive Advantage and How the Organization 8
Manages its Supply Chains
Describe the Types of Flexible Working Arrangements/Options 9
Available to the Firm’s Workforce
Is the Organization Progressive and Forward Thinking? 10
Conclusion 11
References 12
Executive Summary
PepsiCo Canada is a well-known soft drink and food manufacturing company. It was established in 1934 at Canada. Its main headquarter is located in Mississauga, Ontario. PepsiCo Canada’s parent company is PepsiCo Inc., which is located in New York, United States. The company has around 10,699 fulltime employees and 119 part-time employees in Canada. (Soft drink, 2019, Employer background section, para. 1). It offers a wide range of PepsiCo beverages such as Pepsi, Gatorade, Mountain Dew & Tropicana. (Beverages, 2011, Company, PepsiCo beverages Canada overview section, para. 1). Also, it offers PepsiCo foods such as Frito Lay, Doritos, Cheetos, SunChips, and Spitz. (Food, 2011, Company, PepsiCo foods Canada overview section, para. 1).
Introduction
PepsiCo Canada is composed of some of the world’s well known and reliable brands such as Pepsi, Quaker, Tropicana, Gatorade, Lay’s, Doritos and Tostitos. From beverages to foods and snacks, PepsiCo provides the customers with a wide range of product selection from simple treats to healthful offerings. (World’s, 2011, Company section, para. 1).
PepsiCo Canada employs approximately 10,000 Canadians. (Approximately, 2011, Company section, para. 2). It belongs to global PepsiCo Incorporation, which is made of three divisions: PepsiCo American Beverages, PepsiCo American Foods, and PepsiCo International. (Belongs to, 2011, Company section, para. 2).
PepsiCo Canada’s Brands
History
PepsiCo Canada’s businesses restructured into two business units in October 2008. (Businesses, 2011, Our history section, para. 1). One of them is PepsiCo Beverages Canada, and the other one is PepsiCo Foods Canada. PepsiCo Beverages Canada, which includes brands such as Pepsi, Gatorade, and Tropicana. PepsiCo Foods Canada, which includes Frito Lay Canada and Quaker foods and snacks. (Beverages, 2011, Our history section, para. 1).
PepsiCo Canada merged its beverage bottling and brand business operations, forming one unified Canadian beverage organization PepsiCo Beverages Canada in 2010. (PepsiCo, 2011, Company section, para. 1)
The Relationship Between Vision, Mission and Strategy Statements of PepsiCo
Vision:
PepsiCo’s vision is put into action through programs and a focus on environmental stewardship, activities to benefit society, and a commitment to build shareholder value by making PepsiCo Canada a truly sustainable company.PepsiCo’s values reflect the socially and environmentally responsible company they aspire to be. They are the foundation for every business decision they make. (Vision, 2011, Our vision section, para. 1)
Mission:
PepsiCo’s mission is to be the world’s premier consumer products company focused on convenient foods and beverages. They seek to produce financial rewards to investors as they provide opportunities for growth and enrichment to their employees, their business partners and the communities in which they operate. In everything they do, they strive for honesty, fairness, and integrity. (Mission, 2011, Our mission section, para.1)
Values:
PepsiCo’s values are a reflection of the socially and environmentally responsible company they aspire to be. They are the foundation for every business decision they make. (Values, 2011, Our values & philosophy section, para. 1)
PepsiCo’s qualities are an impression of the socially and ecologically dependable organization they seek to be. They are the establishment of each business choice they make.
Strategy Statements:
PepsiCo Canada goal is to focus on three areas, its call Products, Planet and People. (Goal, 2019, Performance with a purpose in action section, para. 1). Through their product goals, they will continue to make changes to their food and beverages according to the customers demand by reducing saturated fat and salt, added sugars and by developing a wide range of product choices. (Trough, 2019, Performance with purpose in action section, para. 2). Through their Planet goals, they intend to decrease environmental impact while expanding their business. (Through, 2019, Performance with purpose in action section, para. 3). Though their People goals, they will work to advance respect for human rights, promote diversity and engagement prosperity and economic development in communities around the world. (Through, 2019, Performance with purpose in action section, para. 3).
We believe in the importance of being a responsible corporate citizen. We seek to provide opportunities for growth and enrichment to our employees, our business partner, and the communities in which we operate. In everything we do, we strive for honesty, fairness, and integrity.
Articulate Why the Organization Was Recognized as One of Canada’s top 100 Employers
PepsiCo Canada has been selected in one of the top 100 employers because of some of the reasons. It provides support to employees to work effectively as a team and also provides them with the tools they require for success. It is the kind of company where all talented people of all backgrounds work together for the company’s success. It also offers career growth opportunities by providing career planning and encouraging employees to participate in the talent development program. (Career, 2019, Training & Skills development section, para. 7). It also provides tuition fees to continue education classes seminars. (Tuition, 2019, Training & skills development section, para. 6). By finding employees passion, the company allows them to focus their energy and time on projects that they can like. PepsiCo also lets the employees know what career development plans that it has and provides the opportunities when they are available for appropriate candidates to grow within the company. (Development, 2019, Training & skills development section, para. 7).
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The company has a great physical workplace including religious observance room, nap room, self-serve lunchroom, and free parking. (Nap, 2019, Physical workplace section, para. 2). It also provides family-friendly benefits such as maternity leave top-up is 100 % of salary for the first week then 95% of salary for 15 weeks. (Maternity, 2019, Health & family friendly benefits section, para. 20). It also offers a maximum of 6 weeks of paid vacation and 26 months of unpaid leave after certain years of employment. (6 weeks, 2019, Vacation & personal time-off, Maximum vacation allowance section, para. 4)
Every employee gets induvial performance reviews every six months by gathering information from co-workers and other managers who work with a particular employee. (Performance, 2019, Employee engagement & performance, Employee performance reviews section, para. 1). Employees can also provide feedback for their manager’s performance. (Feedback, 2019, Employee engagement & performance Feedback option section, para. 3).
PepsiCo organizes a yearly volunteer campaign to inspire employees to spend there some time for the excellent cause. Also, the company has the Pepsi Foundation to raise funds to support the health and wellness of underprivileged children and youth. (Yearly, 2019, Here are some reasons section, para. 1). Through a healthy living program, the company helps the employees to maintain a healthy lifestyle at work and at home, which includes challenges related to physical activity, nutrition, and discount on a gym membership. (Helps, 2019, Here are some reasons section, para. 2). The company also offers a retirement assistance program to help employees to make saving for the future. (Offers, 2019, Here are some reasons section, para. 3). It also extends its health, and dental benefits plan to retirees, covering the full premiums with no age limit.
Describe the Firm’s Competitive Advantage and how the Organization Manages its Supply Chains
PepsiCo Canada’s initial competitive approach is the cost leadership. It is a general plan which focuses on cost reduction to enhance financial performance. Cost reduction also improves overall competitiveness. (Cost, 2019, PepsiCo’s generic strategy section, para. 2). PepsiCo’s operating cost is low, so it helps the company to offer low prices. Sometimes, it has special offers with discounted prices. Company’s other competitive strategy is broad differentiation. (Low, 2019, PepsiCo’s generic strategy section, para. 2). In this strategy, the company develops a product that offers a unique characteristic that the customer wants. For instance, PepsiCo’s Lay’s potato chips have a low amount of saturated fat, so the company advertised that as a healthy snack. (PepsiCo’s, 2019, PepsiCo’s generic strategy section, para.2).
The company uses aggressive advertising strategy to capture more customers. This strategy helps to increase a company’s sales and supports its business growth. Also, Company uses product development as its growth strategy. (Aggressive, 2019, PepsiCo’s intensive strategies, Market Penetration section, para. 1). In this strategy, the company offers a new variety of products to attract more customers such as products with low-calories, low saturated fat and low salt. (Offers, 2019, PepsiCo’s intensive strategies, Product development section, para. 2).
Raw materials are used such as corn, oats, oranges, wheat, flour and rice potatoes in the manufacturing process of foods and beverages products. (Raw, 2013, Supply chain & efficiency section, para. 1). All these materials are supplied from farmers and company-owned farms. It also uses packaging materials such as plastic resins for plastic bottles, aluminum for cans and film packaging for snacks foods. (Materials, 2013, Supply chain & efficiency section, para. 1). Distribution strategies are used to bring products to the market depending on the product uniqueness and consumer’s requirement. (Distribution, 2013, Supply chain & efficiency, para. 2). Perishable and fragile products are supplied directly from its manufacturing unit to consumer warehouses and then to retail stores. (Perishable, Supply chain & efficiency, para. 2). PepsiCo uses vending distributors and third parties to distribute its foods, snacks, and beverages to schools, restaurants, businesses and other places. Integrated system keeps all this information such as product amount, product types and delivery date. (Vending, 2013, Supply chain & efficiency, para. 2). PepsiCo made its supply chain superior by having a shared relationship with their retailers. (PepsiCo, 2013, Supply chain & efficiency, para. 2).
Describe the Types of Flexible Working Arrangements/Options Available to the Firm’s Workforce
PepsiCo Canada offers a flexible working arrangement which is designed to support healthy and personal life balance. It also provides flexible working hours as per the individual employee needs. (Flexible, 2019, Health & family-friendly benefits, Alternative work options section, para. 18). Company’s supervisor helps those employees who need to come late or leave early because of the unavoidable reason. It has a compressed work schedule option, which allows full-time employees to work 40 hours in less than a standard number of work days. For Example, full-time employees could work 40 hours per week in four 10 hours of shift instead of working five 8 hours of the shift. Through compressed work schedule option, employees able to manage their personal life in a better way. (Compressed, 2019, Health & family-friendly benefits, Alternative work options section, para. 18).
PepsiCo has telecommuting work option, where eligible employees could work outside of the office, generally working from home. (Telecommuting, 2019, Health & family-friendly benefits, Alternative work options section. Para. 18). Telecommuting usually makes the employees more productive, which benefits the company and it also helps to keep the employees joyful in their jobs and probably they work with the company for a long time. PepsiCo also offers earned days off the program in which employees get some paid days off after working specific numbers of hours. It is an effective way to reward employees and helps to motivate them. (Earned, 2019, Health & family-friendly benefits, Alternative work options section. para. 18).
Is the Organization Progressive and Forward Thinking?
PepsiCo Canada wants to become the world’s premier consumer product company for convenient food and beverages. They want to provide an opportunity for the growth of employees and the communities. Also, they want to make great effort to achieve honesty in all things they do.
Years after years, PepsiCo exceeded the competition and created a portfolio of world-famous brands. They have expanded core operating margins by 45 points. They have exceeded their goals set at starting of the year 2017 for constant currency EPS and free cash flow. (Expanded, 2017, Our commitment section, para. 1). In 2017, PepsiCo continued extending their collection of low and zero calories beverages.
Conclusion
PepsiCo Canada is a part of PepsiCo Incorporation focuses on foods and beverages. It is a reputed company in the food industry. It’s pricing, and marketing strategies are very effective and providing PepsiCo with a competing advantage over its competitors. PepsiCo is continuously expanding to improve its products. It can get new business by delivering low-cost products through sustainability strategy.
References
Content.eluta.ca. (2019). Recognized as one of Canada’s top 100 employers, Retrieved on January 31, 2019, from https://content.eluta.ca/top-employer-pepsico-canada
Canadastop100.com. (2019). Canadas Top 100 Employers List. Retrieved on January 30, 2019, from https://www.canadastop100.com/national/
Canadastop100.com. (2019). Types of flexible working arrangements/options available to the firm’s workforce. Retrieved on January 31, 2019, from https://www.canadastop100.com/national/
Pepsico.ca. (2011). Company Introduction. Retrieved on January 30, 2019, from http://www.pepsico.ca/en/Company.html
Pepsico.ca. (2011). Executive Summary. Retrieved on January 31, 2019, from https://content.eluta.ca/top-employer-pepsico-canada
Pepsico.ca. (2011). History. Retrieved on January 30, 2019, from http://www.pepsico.ca/en/Company/Our-History.html
Pepsico.ca. (2011). Mission & Vision. Retrieved on January 30, 2019, from http://www.pepsico.ca/en/Company/Our-Mission-and-Vision.html
Pepsico.com. (2017). Organization forward thinking. Retrieved on January 30, 2019, from https://www.pepsico.com/docs/album/annual-reports/pepsico-inc-2017-annual-report.pdf?sfvrsn=1f19b18d_4
Panmore.com. (2019). PepsiCo’s Competitive advantages. Retrieved on January 31, 2019, from http://panmore.com/pepsico-generic-strategy-intensive-growth-strategies
Pepsico.com. (2019). Strategy Statements. Retrieved on January 31, 2019, from https://www.pepsico.com/sustainability/Performance-with-Purpose/Our-Goals
Pepsico.ca. (2011). Values. Retrieved on January 30, 2019, from http://www.pepsico.ca/en/Company/Our-Values-and-Philosophy.html
Pepsisupplychain.weebly.com. (2013). How the organization manages its supply chains. Retrieved on January 31, 2019, from https://pepsisupplychain.weebly.com/supply-chain.html
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