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Press release from Business Wire

U.S. Department of Defense Awards Accenture Forecasting Improvement Contract

<p class='bwalignc'> <i><b>Work will focus on using advanced analytics to improve supply chain cost and performance</b></i> </p>

Tuesday, August 14, 2012

U.S. Department of Defense Awards Accenture Forecasting Improvement Contract07:00 EDT Tuesday, August 14, 2012 ARLINGTON, Va. (Business Wire) -- The U.S. Office of the Deputy Assistant Secretary of Defense has awarded Accenture Federal Services a two-year contract to identify ways that will improve forecasting techniques throughout the U.S. Department of Defense (DOD). Accenture will work with forecasting, inventory and metrics leads from all branches of the military and the Defense Logistics Agency to baseline current practices for forecasting Department of Defense inventory. Work will focus on the lifecycle of an item or weapons system: when it is fully fielded, has an established operational requirement, when it is being phased out of operations. Accenture will use advanced analytics and simulation tools to determine how enhanced forecasting processes may help improve forecast accuracy, inventory levels and supply chain performance. “As budgets continue to shrink and demand for smart business decisions increases, analytics and simulation are essential tools to accelerate and improve supply chain systems,” said John Goodman, who leads Accenture's defense and intelligence business. Accenture's federal business serves every cabinet-level department and 20 of the largest federal organizations. The U.S. federal portfolio spans across clients in civilian, defense, intelligence and public safety agencies. Learn more about Accenture's defense work, from Insights to Outcomes, its work with federal agencies and delivering Public Service of the Future. About Accenture Accenture is a global management consulting, technology services and outsourcing company, with more than 249,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US $25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com. AccentureJoanne Veto, 202-300-8449joanne.m.veto@accenture.com