PEPSICO OUTSOURCES PURCHASING MANAGEMENT TO PORTLAND GROUP
Portland Group, Australia’s largest professional services firm specialising in procurement and supply chain services, today announced the finalisation of an agreement with PepsiCo to manage the procurement of several spend areas under a longer term managed services arrangement and to provide ongoing spend analysis services.
The three-year contract will utilise Portland Group’s deep category expertise across a number of areas of the broader transport category, for example Linehaul freight and local distribution; as well as covering materials handling equipment, office equipment and contract labour.
Michael Trinnie, Procurement Director ANZ for PepsiCo said “Partnering with Portland Group expands our procurement capabilities with first-class resources, processes and systems, which we expect will enable PepsiCo to achieve a substantial improvement in productivity over the next three years. The additional capability Portland provides will help us to accelerate the value procurement can deliver across our entire business.”
Sue Woodall, Managing Director of Procurement Services at Portland Group commented “Our team will work closely with PepsiCo’s procurement team and stakeholders to design and implement Category Sourcing and Demand Management Strategies across more than $50 million of spend.”
Gavin Solsky, Portland Group CEO, said “Our recent agreement with PepsiCo is one of a number of new managed services contracts for Portland Group. This is further recognition that companies in Australia are following overseas trends to leverage external procurement services to drive ongoing, sustainable benefits for their organisations under longer term engagement models. We are delighted to have been selected by PepsiCo and look forward to delivering outcomes over and above their expectations.”
PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that generate more than $1 billion in annual retail sales each. Their main businesses -- Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi Cola -- also make hundreds of other enjoyable and wholesome foods and beverages that are respected household names throughout the world. With net revenues of approximately $60 billion, PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which they believe also, means a more successful future for PepsiCo.