BRISBANE, Australia -- (Business Wire)
Accenture (NYSE:ACN) has signed a six-year contract with Glencore
Queensland Ltd., a subsidiary of Glencore plc, one of the world’s
largest diversified natural resource companies, to provide sourcing and
procurement services for Glencore’s Australian copper and zinc
businesses. It is expected that the contract will deliver cost savings
to Glencore of more than USD $300 million over the next six years.
Accenture will provide end-to-end sourcing and procurement services and
will bring category expertise, cloud-based sourcing, category-management
and procure-to-pay tools, as well as market sourcing insights and
analytics to help the company maximise procurement and sourcing benefits.
Glencore’s Mount Isa Mines Central Services General Manager, Trevor
Gray, said the project is an important step toward improving the
business’s competitiveness. “We are continuously reviewing opportunities
to improve our global competitiveness and long-term sustainability,” he
said. “Our teamwork with Accenture will deliver further productivity
improvements and significant cost savings across our business.”
Accenture was selected based on successful projects delivered for
Glencore in other parts of the world, as well as for its extensive
global and Australian experience in sourcing and category-management
services in mining and other industries.
The work will be performed at Glencore’s Mount Isa Mines operation, the
Accenture Operational Efficiency Centre of Excellence in Brisbane and
Accenture Global Delivery Network locations.
“Mining clients continue to grapple with cost pressure in the ongoing
environment of low commodity prices,” said Joost Van De Meent, managing
director, Resources, at Accenture. “Our solution will extend Glencore’s
existing procurement capability to improve spend management and reduce
transaction costs, while improving visibility across Glencore’s
businesses.”
About Accenture
Accenture is a global management consulting, technology services and
outsourcing company, with more than 336,000 people serving clients in
more than 120 countries. Combining unparalleled experience,
comprehensive capabilities across all industries and business functions,
and extensive research on the world’s most successful companies,
Accenture collaborates with clients to help them become high-performance
businesses and governments. The company generated net revenues of
US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page
is www.accenture.com.
About Glencore
Glencore is one of the world’s largest global diversified natural
resource companies and a major producer and marketer of more than 90
commodities. The Group's operations comprise of over 150 mining and
metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for
natural resources, Glencore's industrial and marketing activities are
supported by a global network of more than 90 offices located in over 50
countries. Glencore's customers are industrial consumers, such as those
in the automotive, steel, power generation, oil and food processing. We
also provide financing, logistics and other services to producers and
consumers of commodities. Glencore's companies employ around 181,000
people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security
and Human Rights and the International Council on Mining and Metals. We
are an active participant in the Extractive Industries Transparency
Initiative. www.glencore.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150903006564/en/
Contacts:
Accenture
Guy Cantwell, + 1-281-900-9089
guy.cantwell@accenture.com
or
Justyna
Devraj, + 44 20 7844 0090
+ 44 750 012 4567 (mobile)
justyna.devraj@accenture.com
or
Glencore
Australia Holdings Pty Ltd
Agata Graham, + 61 7 3115 5404
+ 61
478 304 345 (mobile)
agata.graham@glencore.com.au
Source: Accenture
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