FALLS CHURCH, Virginia - Company Signs Supply Chain Management Contract and IT Outsourcing Contract Extension
CSC (NYSE: CSC) today announced that it has been selected to design, develop and implement a new worldwide supply chain management solution for Diageo, the world’s leading premium alcoholic drinks company that includes brands such as Johnnie Walker, Guinness and Smirnoff. The 4.5-year agreement has an estimated value of US$7 million.
(Logo: www.newscom.com/cgi-bin/prnh/20090422/CSCLOGO)
Under the terms of the contract, CSC will develop an SAP-based system to enhance visibility of Diageo’s product stocks worldwide, improve supply-demand ratio and reduce costs throughout the supply chain process.
In addition, Diageo has extended its information technology (IT) outsourcing contract with CSC for five additional years. CSC first began supporting Diageo in 1995. The extension has an estimated value of US$28 million. Under the terms of the new agreement, CSC will continue to provide Diageo’s locations in the UK and Ireland with applications support services across a portfolio of critical business applications and tools.
“The continual relationship with CSC demonstrates the contribution they make in supporting Diageo’s information systems strategy,” said Donald Dempsey, Global Services Director, Diageo plc. “Their knowledge of our business processes makes them a valued partner in delivering our agenda.”
“With Diageo brands sold in approximately 180 countries around the world, optimising the supply chain is key and we’re delighted that CSC has been chosen to help,” said Nick Wilson, president of CSC’s operations in the UK, Nordics, Middle East and Africa. “In addition, the expansion of our IT outsourcing contract is testament to the strength of our relationship and the significant business benefits Diageo has received. We look forward to continuing to work successfully together and support Diageo in their major IT global investment program.”
About Diageo
Diageo is the world’s leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, wines, and beer categories. These brands include Johnnie Walker, Guinness, Smirnoff, J&B, Baileys, Cuervo, Tanqueray, Captain Morgan, Crown Royal, Beaulieu Vineyard and Sterling Vineyards wines.
Diageo is a global company, trading in approximately 180 countries around the world. The company is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, its people, brands, and performance, visit us at Diageo.com. For our global resource that promotes responsible drinking through the sharing of best practice tools, information and initiatives, visit DRINKiQ.com. Celebrating life, every day, everywhere.
About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of US$16.74 billion for the 12 months ended April 3, 2009. For more information, visit the company’s Web site at www.csc.com.
Source: CSC
Joanne Davis, Manager, Media Relations, CSC in United Kingdom, +44-(0)-1252-536-737, jdavis62 at csc.com, or Rich Venn, Manager, Media Relations, Corporate, +1-310-615-3926, rvenn at csc.com, or Bryan Brady, Vice President, Investor Relations, Corporate, +1-703-641-3000, investorrelations at csc.com, all of CSC. Logo: http://www.newscom.com/cgi-bin/prnh/20090422/CSCLOGO
Related Press Releases
Arcadis Wins Two Major GRiP(R) Contracts Totaling $170 MillionSeptember 14th, 2009 AMSTERDAM - ARCADIS (EURONEXT: ARCAD), the international design, consulting, engineering and management services company, today announced that it has been awarded two major GRiP(R) contracts for environmental remediation, with a total worth of almost $170 million, from Atlantic Richfield Company, a BP affiliate, and the US Army. The contract with Atlantic Richfield Company involves environmental remediation and site closure for a portfolio of contaminated sites.
Unite Outrage at Diageo's Announcement to Reject Proposals to Save Scottish JobsSeptember 8th, 2009 LONDON - Diageo's announcement today (Wednesday 9th September) to reject proposals by the Scottish Government that would safeguard jobs has outraged Unite, the UK's biggest union. Unite is also furious that Diageo has made the announcement before the conclusion of the 90-day consultation period.
/C O R R E C T I O N -- Unite the Union/September 1st, 2009 GLASGOW - In the news release, "MSPs Join Diageo Workers to Take the Pledge to Fight for Scottish Jobs" issued on 1 Sep 2009 10:11 GMT, by Unite the Union over PR Newswire, we are advised by a representative of the company that the media contact information has changed and the MSP's name in the third paragraph should have read Willie Coffey rather than Patricia Ferguson as originally issued inadvertently. Complete, corrected release follows:
MSPs from all parties are being invited to sign an oversized pledge card ahead of a major ministerial statement on Diageo's proposed restructuring in Scotland, which would slash 900 jobs and is being fiercely opposed by Unite the union.
MSPs Join Diageo Workers to Take the Pledge to Fight for Scottish JobsAugust 31st, 2009 GLASGOW - MSPs from all parties are being invited to sign an oversized pledge card ahead of a major ministerial statement on Diageo's proposed restructuring in Scotland, which would slash 900 jobs and is being fiercely opposed by Unite the union. The sign up marks the start of a day when the Scottish Parliament itself will put Diageo's restructuring plans under the spotlight.
Diageo Profits Leap Proves no Case for Destroying Scottish JobsAugust 26th, 2009 LONDON - Reacting to the release today by drinks giant Diageo of its yearly results, which reveal a leap in operating profits of 10 percent to GBP2,443 billion, Len McCluskey, assistant general secretary of Unite, said: "Even in a global recession, Diageo can pull in billions of pounds in pure profit. Surely now Diageo's claims that it must cut Scottish jobs to reduce costs can be seen once and for all for what they are - about short-term greed, not long-term need.
Unite Accuses Diageo of Being 'Drunk' on Greed as Scotland's Workers March to Save JobsJuly 24th, 2009 LONDON and GLASGOW, Scotland -
On Sunday 26th July, Unite the union, will lead thousands of people from across Scotland in a march to defend Diageo jobs and the nation's whisky heritage. The march through the centre of Kilmarnock will unite ordinary people across Scotland who are outraged by Diageo's cold-hearted dismissal of a workforce which has built their worldwide reputation as it pursues ever-greater profits.
Diageo Reserve Brands Raises The Bar and Awards Title of World Class Bartender of The Year 2009July 16th, 2009 LONDON - The title of Diageo Reserve Brands World Class Bartender of the Year 2009 was decided in London yesterday. After a year long global competition which saw 6000 bartenders from 24 countries shake, stir and pour their way through national heats, just 18 remained to go head to head in three days of World Class challenges this week.
GUINNESS Announces More Acts for Global CelebrationJuly 14th, 2009 DUBLIN - GUINNESS(R) announces today additional line-up of Artists joining the Arthur's Day 250th anniversary celebrations on 24th September 2009. Joining previously announced artists including The Black Eyed Peas, Estelle and Kasabian are music industry legend Sir Tom Jones and some of the hottest acts today including Razorlight, Imelda May, Calvin Harris, The Kooks, Jamie Cullum, Sugababes and David Gray.
WISeKey Lands CH 4.5 Million in Anti-Counterfeiting and New Generation Digital Identification Technology ContractsJune 16th, 2009 GENEVA, Switzerland - WISeKey SA announced today it has received orders in June totaling CHF 4.5 million from several clients from its anti-counterfeiting and Digital Identity system that safeguards and verifies the authenticity of luxury goods and protects the digital identity of users. "Together with the Digital Identification, the anti-counterfeiting industry continues to aggressively pursue the use of our WISeAuthentic technology," said Carlos Moreira, the company's president and CEO, in a statement.
CSC Signs IT Framework Agreement With United Utilities in UKMarch 22nd, 2009 FALLS CHURCH, Virginia - CSC (NYSE: CSC) announced today that it has signed a new information
technology (IT) framework agreement with United Utilities, the largest
operator of water and wastewater assets in the UK, serving approximately one
in four people. The agreement has a base period of three years and two
one-year options.
Related News
Diageo to cut 900 jobs as it restructures Scottish operations, closing 200-year-old distilleryJuly 1st, 2009 Diageo cuts 900 jobs, closes distilleryLONDON — Diageo PLC, the world's biggest spirits maker, said Wednesday it is cutting 900 jobs as it shutters a 199 year-old distillery and packaging plant as part of a cost-cutting restructure of operations in Scotland. Diageo, which makes brands including Guinness stout, Smirnoff vodka and Johnnie Walker whisky, said that the restructuring will trim costs by some 40 million pounds ($66 million) in 2012.
Forest Oil widens 1st-quarter loss to $1.2B on write-down, losses on investmentsMay 4th, 2009 Forest Oil widens 1Q loss on write-downDENVER — Natural gas and oil producer Forest Oil Corp. said Monday it widened its first-quarter loss because of a write-down for oil and gas properties.
Diageo, the world's largest spirits maker, posts 7 percent rise in full year net profitAugust 27th, 2009 Diageo full year net profit up 7 percentLONDON — Diageo PLC, the world's largest spirits maker, posted a 7 percent rise in full-year net profit on Thursday, benefiting largely from positive exchange rate movements and cost-cutting amid weaker demand for many of its key products. The maker of Johnnie Walker whisky, Smirnoff vodka and Guinness stout cut its profit target for the current year because of concerns about the strength of an economic recovery — but also stressed that it believed the worst was over.
Oil brokerage reports $10 million loss on unauthorized trading in Brent oil this weekJuly 3rd, 2009 Oil brokerage loses $10 mln on rogue tradesLONDON — PVM Oil Associates, the world's biggest over-the-counter oil brokerage, says it lost nearly $10 million this week because of unauthorized trades that caused a temporary spike in Brent crude markets. PVM said in a statement late Thursday that it was investigating the trades, which drove up the price of Brent futures by more than $2 in one hour early Tuesday London time.
ICF Resources awarded energy-efficiency contracts with 2 utilities for $34MAugust 12th, 2009 ICF Resources wins energy-efficiency contractsFAIRFAX, Va. — ICF Resources Inc.
Diageo, world's biggest spirits maker, posts 7 percent rise in full-year net earningsAugust 27th, 2009 Diageo full year net profit up 7 pctLONDON — Diageo PLC, the world's biggest spirits maker, posted a 7 percent rise in full-year net profit on Thursday, benefiting from favorable currency exchange rates and cost-cutting amid weaker demand for many of its key products. The maker of Johnnie Walker whisky, Smirnoff vodka and Guinness stout cut its profit target for the current year because of concerns about the strength of an economic recovery — but also stressed that it believed the worst was over.
Diageo, world's largest spirits maker, posts 7 percent rise in full-year net earningsAugust 27th, 2009 Spirits maker Diageo full year net profit up 7 pctLONDON — Diageo PLC, the world's largest spirits maker, posted a 7 percent rise in full-year net profit on Thursday, benefiting from favorable currency exchange rates and cost-cutting amid weaker demand for many of its key products. The maker of Johnnie Walker whisky, Smirnoff vodka and Guinness stout cut its profit target for the current year because of concerns about the strength of an economic recovery — but also stressed that it believed the worst was over.
Brookfield Renewable Power 10-year power contracts with LIPA and NYPA approvedJune 25th, 2009 Brookfield Renewable Power contracts approvedNEW YORK — Brookfield Renewable Power Inc. on Thursday said its 10-year power contracts with the Long Island Power Authority and the New York Power Authority have been approved, with energy delivery set to begin in July.
Toll Brothers' fiscal 3rd-qtr homebuilding revenue fell, but signed contracts rose slightlyAugust 12th, 2009 Toll Bros. reports increase in signed contractsLuxury homebuilder Toll Brothers Inc. gave investors another shot of optimism about the housing market recovery, saying it posted the first annual increase in signed contracts for new homes in four years.
STIMULUS WATCH: US saves millions more when companies compete for work, AP analysis showsJuly 17th, 2009 STIMULUS WATCH: No-bid contracts mean higher costsWASHINGTON — The Defense Department frequently awards no-bid work to small contractors for repairs at military bases under the new economic stimulus law, costing taxpayers millions of dollars more than when businesses compete for the work, according to an Associated Press analysis of 570 such contracts. The Pentagon saves more than three times as much money when companies compete, the AP analysis showed.