Fremont, California - November 18, 2009
Infosys Technologies Limited (NASDAQ: INFY) today announced it has signed a contract with Georgia-Pacific LLC (Georgia-Pacific), a forest and consumer products company, to implement its Supply Chain Visibility and Collaboration Suite.
The project will involve deploying an Enterprise Procurement Data Warehouse that will provide standard and ad-hoc reporting, dashboard and scorecard capabilities to aid procurement professionals with a focus on contract adherence, faster time to market, and lower cost of ownership. The aim of deploying the Procurement Solution from Infosys’ Supply Chain Visibility and Collaboration Suite is to reduce Georgia-Pacific’s sourcing cycle time and leakages in procurement spend through better monitoring, compliance and governance mechanisms.
"We chose Infosys to assist in the implementation of the Supply Chain Visibility and Collaboration Suite because we viewed their solution as the best fit to help solve both our business and technical reporting needs," said Steve Bakalar, Vice President - IT, Georgia-Pacific.
The Procurement Solution is built on top of a core platform built with Microsoft technologies and leverages the latest in performance management, analytics, collaboration and event-based management. The solution empowers procurement professionals to manage the organization’s direct and indirect spend by providing visibility to performance metrics data, enabling superior decision making capabilities, and improving associated processes.
"As a company with large strategic sourcing and procurement operations, Georgia-Pacific is looking to Infosys to provide an enterprise-level solution for spend analysis," said Sandeep Dadlani, Vice President, Retail-CPG Practice, Infosys Technologies. "The Supply Chain Visibility and Collaboration Suite is designed to do just that -- provide procurement officers with greater visibility into spending, improve collaboration and enhance performance."
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 105,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit www.infosys.com.
Headquartered at Atlanta, Georgia-Pacific is one of the world’s leading manufacturers and marketers of building products, tissue, packaging, paper, cellulose and related chemicals. The company employs more than 45,000 people at approximately 300 locations in North America, South America and Europe. The familiar consumer tissue brands of Georgia-Pacific Consumer Products LP include Quilted Northern®, Angel Soft®, Brawny®, Sparkle®, Soft 'n Gentle®, Mardi Gras®, So-Dri® and Vanity Fair®. Dixie Consumer Products LLC, a Georgia-Pacific company, manufactures the Dixie® brand of tabletop products. Georgia-Pacific has long been among the nation’s leading manufacturers and suppliers of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers, with brands such as Plytanium® plywood, DryPly® water repellent plywood, Ply-Bead® panels and Wood I Beam™ joists offered by Georgia-Pacific Wood Products LLC and DensArmor Plus® interior drywall, DensGlass® Sheathing and ToughRock® wallboard offered by Georgia-Pacific Gypsum LLC. For more information, visit www.gp.com.
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov Opens in new window including our Annual Report on Form 20-F for the year ended March 31, 2009, and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
For further information, please contact: PR_Global@infosys.com