Xchanging Secures First Utility Customer With a New Three Year Procurement
Contract With Severn Trent Services
Announcement Comes on the Heels of Contract Win With Leading Biobased
Solutions Company, Totalling Nine Customer Wins for Xchanging To-Date
CHICAGO, IL and LONDON -- (Marketwired) -- 11/05/13 -- Xchanging,
the business process, procurement and technology services provider,
has announced that Xchanging Procurement Services, a global leader in
procurement solutions, has signed in the U.S. a three-year global
contract with Severn Trent Services (STS), a leading supplier of
water and wastewater solutions and a member of the Severn Trent Plc
group of companies. The appointment is the ninth major win for
Xchanging Procurement Services this year and marks the company's
first contract in the utility sector.
The global agreement will cover strategic sourcing, category and
contract management services, and analytics across all STS indirect
procurement spend. The contract will incorporate Xchanging's recent
acquisition of MM4, where the MM4 e-sourcing platform will act as a
critical driver in delivering savings.
Xchanging also recently closed a deal with a leading biobased
solutions company, which has appointed it to provide strategic
procurement services to the organization as part of a three-year
services agreement. Xchanging will provide the full source-to-manage
process in the following indirect categories for the company:
-- Facilities Management
-- Human Resources Services, including Temporary Labor
-- Information Technology
-- Professional Services
-- Sales and Marketing
These strategic wins represent the continued strong momentum in North
America and Europe for Xchanging Procurement Services, the third
largest procurement services provider globally.
Ian Dearnley, Vice President Product Management and Global
Procurement, Severn Trent Services said: "STS wanted to improve spend
visibility and increase coordination in all areas of indirect spend.
Xchanging proved they can deliver unparalleled value in enabling us
to achieve maximum value for spend, introduce standard global
processes and enable scalable growth."
Marie Meliksetian, CEO U.S. Xchanging Services, Inc. and Managing
Director, Procurement Services for Xchanging North America, said:
"Both of these new contracts are special partnerships aimed at
achieving a high-touch quality service customized to the companies'
needs, and are based on a mutual trust and cultural fit. These wins
are not only a testament to our capabilities and innovative
procurement offerings, but also a validation to our expanding
footprint in the U.S. Xchanging Procurement Services has increased
its North American customer base significantly in 2013, and we will
continue our growth path through strategic partnerships that are
truly based on Xchanging's quality high-touch delivery model."
What we are
Xchanging provides business processing, technology and
procurement services internationally for customers across multiple
What we do
Xchanging brings innovation, thought leadership and
passion to its customers' businesses so as to enhance performance and
value. Our values are embedded into everything we do.
What we want to be
Xchanging wants to be regarded as the best
provider in its chosen markets by delivering services that are
recognised for outstanding quality, reliability and innovation.
About Severn Trent Services
Severn Trent Services (www.severntrentservices.com) with global
headquarters in Fort Washington, Pa., USA, is a leading supplier of
water and wastewater solutions. The company's broad range of products
and services is concentrated around disinfection, instrumentation and
filtration technologies and contract operating services. Our
operating services business provides contract management, operations
support and systems improvements for utility, industrial and
commercial water and wastewater customers in the United States,
United Kingdom, Ireland and Italy. Severn Trent Services is a member
of the Severn Trent Plc (London: SVT.L) group of companies. Severn
Trent is a FTSE 100 company.
For further information please contact:
020 7294 3681
Press spacebar to pause and continue. Press esc to stop.