UK retailer Morrisons inks deal with Wipro
on January 28th, 2009 at 8:12 amUK’s leading food retailer Morrisons has inked a deal with Bengaluru-based IT major, Wipro Technologies to develop its existing IT systems.
Wipro Retail, the specialist division of Wipro Technologies, will support to achieve the core objective of delivering effective planning, management and delivery of large scale systems and process change based on an Oracle ERP platform. Wipro Retail will deliver an operating model that supports the retailer’s strategic and commercial objectives. The details for the size of the deal were not disclosed.
Yet Richard Pennycook, CFO, Morrisons, said, “Morrisons is making a major investment to give us the systems and processes to drive our business forward. Wipro Retail brings technology and retail business expertise to help us in the process.”
Added Bhanu Murthy BM, senior vice president, retail, CPG transportation & services, Wipro Technologies, said, “Morrisons has made a major investment in Wipro and we are delighted to have been chosen as a strategic partner. We recognise the unique requirements of their business and how IT can play a major role in their transformation. We welcome the challenge of helping them to prepare for further success in the competitive UK grocery market.”
Morrisons owns 375 stores and has an annual turnover of £13 billion.
Source: IndiaRetailing Bureau
Pl. visit Science & Technology in Future to learn about Wipro’s ‘Applying Thought’ and reason for current job cuts globally.