Pepsico. (Special Advertising Section).Our number one goal at PepsiCo is to provide procurement, development, and educational opportunities to give minority and women-owned businesses every opportunity to succeed. Our Latino and African-American Advisory Boards have helped us with the idea of being a "Partner of Choice" with our suppliers: This means by increasing our purchases of M/WBD goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. we become a creator of wealth in the communities of ethnic and women-owned businesses. Pepsi-Cola, Frito-Lay, Tropicana and most recently Quaker Oats are under the PepsiCo, Inc. corporate umbrella. All four PepsiCo divisions share the same goals and objectives for the success of the Minority and Women's Business Program. We share M/WBE M/WBE Minority- and Women-owned Business Enterprises suppliers, strategize internally on how to improve our programs, and consolidate our reporting. We have a phrase internally that we call the Power of One. The Power of One simply means we do those things as one where we think there is a business advantage--an advantage to our customers. PepsiCo's purchasing needs are as wide as the range of products within the PepsiCo, Inc. family. We buy all the things that go into the beverage drink can or the Frito-Lay chip bag, or in Tropicana orange juice, we also buy the cans, bottles, labels, and corrugated cor·ru·gate v. cor·ru·gat·ed, cor·ru·gat·ing, cor·ru·gates v.tr. To shape into folds or parallel and alternating ridges and grooves. v.intr. boxes. We also contract trucks to deliver the products and hire temporary labor that helps put the cans on the racks. In 2001, PepsiCo spent almost $500 Million with minority and women-owned businesses--an increase of over 25% from our 2000 spending. Our chairman Steve Reinemund actively supported our program and was one of four corporate leaders to share comments in the National PBS PBS in full Public Broadcasting Service Private, nonprofit U.S. corporation of public television stations. PBS provides its member stations, which are supported by public funds and private contributions rather than by commercials, with educational, cultural, Video on Supplier Diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. . PepsiCo is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. suppliers with an established record of business performance, knowledge of the industry and staying power. To learn more about our Supplier Diversity Program please contact us at www.PepsiCo.com under the "Corporate Information" section. |
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