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Print ArticleDowner's Grove, IL: Sara Lee Corp. has signed a seven-year agreement with IBM to manage and maintain pieces of its global back office operations.
Armonk, NY-based IBM will manage a portion of Sara Lee's North American and European Finance (transaction processing) and Global Information Services (applications development and maintenance) groups, as well as the company's global indirect procurement activities.
As part of its long-term strategy, Sara Lee is building on leading market share positions, leveraging opportunities in emerging markets and driving efficiencies to spur worldwide growth. The company is simplifying its organization to achieve efficiencies through process discipline, functional centers of excellence, integrated supply chains and outsourcing work where appropriate.
Through IBM's proposed integrated approach, Sara Lee will look to drive additional cost and efficiency improvements. The transfer of activities will happen in a phased approach in accordance with local consultation requirements