The expanded agreement is part of Telstra's smarter approach to procurement through partnering with world-class suppliers and streamlining supply chain processes.
This approach has enabled Telstra to reduce its procurement costs by $159 million since September 2006.
This includes savings from the phase one supply chain transformation agreement awarded in September 2006, which implemented an integrated supply chain platform for contract management, purchasing and accounts payable over this period.
IBM has transformed its own supply chain, saving US $20 billion over three years.
- with Sandra Rossi