The global shortage of microchips has had a devastating impact on multiple industries, not least automotive manufacturers, who are expected to have lost some $210 billion in 2021 because they couldn’t get enough chips to drive the systems in their vehicles. But how did we get to this state of affairs?
Megan Preston Meyer was enjoying a highly successful career as a supply chain expert for numerous companies. Something was missing, though — what she calls “the stories that data doesn’t tell.”
How has PepsiCo Beverages of North America, with more than $22.5 billion in net revenue, 65-plus manufacturing sites and 420 distribution centers, managed to keep operations going during the COVID-19 pandemic?