Accenture Chosen by Bombardier to Help Streamline Procurement Processes and Reduce Costs for Indirect Goods and Services

Date : 12/20/2018 @ 2:34PM
Source : PR Newswire (Canada)
Stock : Bombardier Inc (BBD.B)
Quote : 1.92  -0.02 (-1.03%) @ 9:10PM

Accenture Chosen by Bombardier to Help Streamline Procurement Processes and Reduce Costs for Indirect Goods and Services

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MONTREAL, Dec. 20, 2018 /CNW/ - Accenture (NYSE: ACN) has been chosen by Bombardier (BBD-B.TO) to help it further streamline procurement processes and reduce costs associated with the purchase of a wide range of indirect goods and services around the world. The objective of the initiative is to generate millions of dollars in sustainable savings over the next five years.

Accenture will use its source-to-pay and operations-as-a-service capabilities to help Bombardier implement more intelligent and efficient purchasing of indirect goods and services – those supporting the company's internal operations, as opposed to goods and services used in the manufacturing and production of its products. Accenture's end-to-end, globally integrated capabilities will help Bombardier enhance its automation opportunities, increase operating efficiencies, mitigate risks, reduce duplicative processing and improve corporate compliance.

"With the support of Accenture, Bombardier will manage its indirect spend more efficiently and generate substantial cost savings that will accelerate its turnaround plan," said Sam Abdelmalek, Bombardier's Chief Transformation and Supply Chain Officer. "This initiative will infuse innovation, automation and leading practices into the business to complement our current capabilities. We are pleased to work with Accenture as we jointly drive for world-class performance."

"Accenture is helping Bombardier achieve its business targets and unleash value as it continues to make progress in its transformation," said Jeffrey Russell, president of Accenture in Canada. "We are very proud to be part of this end-to-end procurement transformation program with Bombardier, a leading global company with large and diversified service procurement requirements."

About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world's largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 469,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

About Bombardier
With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

SOURCE Accenture

Copyright 2018 Canada NewsWire

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