The FINANCIAL — Accenture has extended its application management services contract with Coop, the Swedish Cooperative Union KF’s grocery retail business unit, for another five-year period. Financial terms were not disclosed.
The contract is designed to help Coop further enhance operational efficiency and reduce technology costs while enabling them to meet existing and future dynamic business needs, according to Accenture.
Accenture will continue to manage applications in all of Coop’s key business and operational areas, including supply chain, merchandising, finance, data warehouse and human resources.
“Accenture’s retail experience, combined with extensive knowledge of application and digital capabilities, make them the natural choice to continue to enhance our portfolio of applications,” said Stefan Hasselgren, CIO of Coop. “The agreement will further strengthen our ability to respond to the ever changing consumer demands in a digital and highly competitive environment.”
Anders Östlund, managing director in Accenture’s Retail practice, said, “Coop operates in an extremely competitive sector and recognizes the importance of having agile and responsive IT services. The work that Accenture is delivering for Coop enables it to focus on its core business activities and strengthen its market position as well as achieve cost savings, while benefiting from enhanced and future-ready application management services that can respond rapidly.”
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