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Daily Newsletter

22 September 2023

Daily Newsletter

22 September 2023

PepsiCo Ukraine factory ‘damaged after Russia missile shot down’

PepsiCo owns five manufacturing sites in Ukraine.

Conor Reynolds September 22 2023

Credit: Unsplash

Diageo must “right-size” its business after a period of over-investment, CEO Sir Dave Lewis has said after outlining plans to extract $1bn in savings from the company.

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The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots, which will be driven by the financial benefits and potential cost savings AI automation delivers across global supply chains.

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