Glencore Queensland Ltd. Selects Accenture to Transform Sourcing and Procurement
September 03 2015 - 7:00PM
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
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version on businesswire.com: http://www.businesswire.com/news/home/20150903006564/en/
AccentureGuy Cantwell, +
1-281-900-9089guy.cantwell@accenture.comorJustyna Devraj, + 44 20
7844 0090+ 44 750 012 4567
(mobile)justyna.devraj@accenture.comorGlencore Australia Holdings
Pty LtdAgata Graham, + 61 7 3115 5404+ 61 478 304 345
(mobile)agata.graham@glencore.com.au
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