As part of this, PepsiCo will reduce nearly 20% of its SKUs in the U.S. by early next year. It has already closed three manufacturing plants and several lines this year. Also: PepsiCo lays off 500 ...
Mondelez International is continuing its focus on compliance, further investing in technologies that will streamline contractor safety, oversight, and training, as well as elevate tracking ...
Between May and July 2024, participants were randomly assigned to one of four situations: An individual working without Gen AI A team of two humans without Gen AI Individuals working with Gen AI A ...
Perhaps the most anticipated as it has quickly become the latest buzzword in AI, agentic technologies will bring increased autonomy to virtual workforces, allowing AI agents to make decisions that can ...
The company is also automating media scheduling, using algorithms to build cohorts and space out activations. Additionally, it has digitalized its production by equipping lines with sensors and ...
Looking ahead, three main developments are anticipated in retail. First, while e-commerce is expected to continue to grow at a steady pace, it is currently hovering around 16% of total retail sales, ...
Chatbots continue to grow in popularity and complexity in CPG customer service and consumer engagement. For example, Burberry has tapped AI within its chatbots and interactive apps to provide ...
Gartner recently identified the top 10 technology trends that organizations should explore in 2025 — and many of these could have a deep impact on the consumer goods space.
CDIO Salmon and other execs predict that the following five tech trends will transform how consumer goods companies do business.
Back in 2016, when Mondelez International wanted to start selling to Chinese consumers, the CPG company knew it needed a strong partner in the region. Rather than investing time and money into ...
The company expects these changes will accelerate its decision-making process and more efficiently synthesize large data sets. The initiatives build on Conagra’s existing AI efforts, which have ...
While quantum computing carries lofty expectations for its ability to solve complex calculations at almost incomprehensible speeds, it remains years away from mainstream use (with much debate about ...