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"Pepsi Bottling Group Inc., the No. 5 U.S.-based beverage company, is live with a portal that integrates all its worldwide purchasing activities.

The site, running on software from Verticalnet and hosted by that company, aims to reduce procurement costs by letting individual employees make buying decisions governed by the company's procurement rules, analysts said. The objective is in line with the brand-boosting, cost-cutting strategy PepsiCo initiated when it spun off its bottling assets in 1999."

InternetWeek, July 23, 2001
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Verticalnet is an enterprise software provider that helps businesses fully leverage the Internet to achieve excellence in their internal and external business processes. Our solutions make it easy for organizations to share information across business units; conduct commerce with trading partners; utilize business-critical supply chain data; and manage value chain events across the eXtended enterprise.

Built upon open and accepted standards, Verticalnet's technology brings the real power of the eXtended enterprise within reach; making it possible to build stronger, more dynamic relationships with trading partners.

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