British Petroleum (BP) has announced it will adapt its supply chain strategy in order to achieve a cost reduction of £20 million.
The company has cut 540 IT companies out of its global supply chain by signing deals with Computacenter and CompuCom worth around £92 million.
It is hoped the two firms will improve the efficiency of BP by handling its desktop applications, software licences and servers.
Commenting on the supply chain strategy, BP chief information officer Dana Deasy said: "By consolidating and simplifying our IT supply chain, we will reduce our IT supplier base by at least 540 vendors [and resellers] and significantly remove cost while driving complexity from our operations."
In related news, the company revealed at the end of 2009 that it plans to expand its service to a new biofuel centre, expected to cost around £25 million.
The facility will be located in Hull and will be developed in conjunction with science solutions firm DuPont.
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