700 or More EV Vehicles to be Unveiled by Frito-Lay
Good morning! Happy Earth Day! Today, we're dedicating our daily supply chain newsletter to all things green and sustainable. From reducing carbon emissions to minimizing waste, the supply chain industry plays a critical role in protecting our planet for future generations. Join us as we explore the latest trends, innovations, and best practices in sustainable supply chain management. Let's work together to create a more sustainable and resilient world! ☕️
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Frito-Lay is a brand of snacks and chips owned by PepsiCo, Inc. The company produces a variety of chips and snacks, including Lay's potato chips, Fritos corn chips, Doritos tortilla chips, Cheetos cheese snacks, and many others. Recently, the snack giant announced plans to release more than 700 EV delivery trucks by the end of the year, which will reduce emission costs by 7,052 metric tons of greenhouse gas, equivalent to taking almost 1,533 passenger cars off the road. However, Frito-Lay has not disclosed what type of vehicle will be used.
Check out today’s featured article by The Trucker to read about Frito-Lay's plans to become more carbon-friendly, including whether this initiative will create more jobs and save costs, and whether the extra vans will be worth the expense.
Featured Article:
Frito-Lay to deploy more than 700 electric delivery vehicles by year’s end | The Trucker
“The company said in a news release that the vehicle deployments are expected to lower emissions by 7,052 metric tons of greenhouse gas emissions annually, equivalent to 1,533 passenger cars removed from the road.”
Money Matters & Sustainability 💰
Supply Chain’s Latest Trend: Recycling Infrastructure Investments
Investing in recycling infrastructure can help supply chains by supporting the flow of materials through the supply chain with efficient and cost-effective recycling. This involves creating and maintaining facilities, technologies, and processes to recycle materials such as plastics, metals, paper, and glass. By investing in recycling infrastructure, supply chains can reduce waste, lower their carbon footprint, and increase overall sustainability, resulting in cost savings by reducing the need for raw materials and lowering disposal costs.
Examples of recycling infrastructure investments include building recycling plants and sorting facilities, purchasing recycling equipment, and implementing waste reduction programs. Governments, businesses, and non-profit organizations can all play a role in supporting recycling infrastructure investment to improve supply chain sustainability. As we have seen in recent years, recycling infrastructure investment has become increasingly important in supporting supply chains, now recognized as one of the largest helps for achieving sustainability.
Artificial Intelligence & Labor Issues 🤖
AI-proof Jobs: Which Ones Are Safe?
The rise of AI and automation has caused fear among many people that their jobs may be taken over, which is a daunting prospect. The impact of job loss due to AI is not only a threat to individual livelihoods but also to the economy as a whole. As machine learning and automation improve, AI is becoming increasingly capable of performing tasks that were once done by humans, leading to displacement or even elimination of jobs, particularly in industries that involve repetitive or routine tasks. AI can process vast amounts of data and make decisions based on that data, leading to more efficient and accurate outcomes in some industries, creating competition for human workers who may not be able to match the speed or precision of AI systems.
The fear of AI taking over jobs stems from uncertainty about the consequences of rapidly evolving technology, as well as concerns about income inequality and the future of work. However, a list recently released by Fox News names jobs that should not fear being replaced by artificial intelligence. In many workplaces, AI is used as a helper rather than taking over entire tasks. While two-thirds of jobs now use AI in the workplace, only a quarter are given the same workload as a human.
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