Accenture and The Dow Chemical Company Sign Multi-Year Business Services Agreement; Accenture to Expand Its Relationship as a Strategic Services Supplier.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Accenture (NYSE NYSE See: New York Stock Exchange : ACN ACN Accenture (stock symbol) ACN Accenture ACN Australian Company Number ACN Automatic Collision Notification (US DOT) ACN Acetonitrile ACN Anglican Communion Network ) and The Dow Chemical Company The Dow Chemical Company (NYSE: DOW TYO: 4850 ) is an American multinational corporation headquartered in Midland, Michigan. Overview The Dow Chemical Company is currently the second largest chemical manufacturer in the World (after BASF)[1]. (NYSE: DOW), the leading global chemical company, have signed a multi-year agreement under which Accenture will continue as a strategic services supplier and will provide a broad range of business application development, implementation and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to Dow, extending to 2011. As part of the new agreement, Accenture will help Dow identify value-added opportunities, develop and implement initiatives and support and improve Dow's organization. Dow will leverage Accenture's knowledge of industry practices, Dow's organization and work processes to deliver results. The new agreement expands on an already successful long-term relationship between the two companies during which Accenture helped Dow improve IT development and support productivity by more than 45 percent and supported the implementation of key strategic initiatives over the past ten years. As a key enabling element of its business growth agenda, Dow is developing a shared services center Shared Services Center is the entity responsible for the execution and the handling of specific operational tasks Accounting, human resources, payroll, IT, legal, compliance, purchasing, security. in Shanghai, China leveraging leadership, capabilities, resources and processes developed with Accenture. Accenture has been in Greater China since 1993 and will deliver innovative services to support Dow's growth strategy in China. "Accenture has been instrumental in improving Dow Information Systems processes and productivity and our new multi-year agreement will build on our previous success and broaden the scope of our relationship to include shared services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. work process, project and support service improvements," said David Kepler, Dow's Corporate Vice President of Shared Services and Chief Information Officer. "Accenture's proven ability to effectively team and integrate culturally with an industry leader like Dow has enabled both companies to deliver measurable results for many years," said Steven Gratto, a global lead partner in Accenture's Chemicals industry group. "We are confident that under this new agreement Accenture and Dow will be able to take this long-term and successful relationship to the next level by leveraging broader global services to support Dow's business." About The Dow Chemical Company Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union , Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. About Accenture Accenture is a global management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize mo·bi·lize v. 1. To make mobile or capable of movement. 2. To restore the power of motion to a joint. 3. To release into the body, as glycogen from the liver. the right people, skills and technologies to help clients improve their performance. With more than 115,000 people in 48 countries, the company generated net revenues of US$13.67 billion for the fiscal year ended Aug. 31, 2004. Its home page is www.accenture.com |
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