Coles has signed an agreement with Accenture; a digital and technology service provider.
According to Foodmag.com.au, Accenture will support the rollout of new technology that will help Coles deliver a cost saving of around $1 billion over four years.
Foodmag said the agreement follows a recent announcement of a partnership with Microsoft to accelerate its digital transformation.
Coles Chief Executive Officer Steven Cain said: “We have committed to being technology-led in our stores and throughout our supply chain to reduce costs while delivering an even better shopping experience for customers and making life easier for our team members”.
“The partnership with Accenture will enable us to deliver the efficiencies we need for long-term sustainability, and provide the agility to respond to rapidly-evolving consumer needs. This is a vital part of Coles winning in its second century,” Mr Cain said.
Coles Chief Innovation and Digital Officer Roger Sniezek said: “The evolution of the relationship with Accenture reflects the company’s strategy to win together through genuine partnerships with suppliers”.
“Accenture is a global leader in the digital space and in working together over the past years across a wide range of areas of Coles Group, we have each come to understand each other’s businesses, strengths, and ways of working,” he said.
“By leveraging this enhanced relationship, we will work together to build Coles’ technological capability, so we have the tools we need to inspire our customers and make life easier for our team members.”