EDS (NYSE:EDS) said today that 7-Eleven, Inc. has extended its contract with EDS through February 2012. EDS will continue to develop, host and manage 7-Eleven’s enterprise applications and the infrastructure that supports inventory and logistics processes, provides business intelligence insight and performs back-office functions, such as enterprise resource planning, payroll and accounting.
The agreement allows 7-Eleven the flexibility to easily manage its portfolio of applications as business needs and processes change, currently enabling 7-Eleven in aligning its IT portfolio with the company’s Retailer Initiative strategy. This initiative focuses on maximizing results and improving productivity in the areas of operations, merchandising, accounting, planning and information systems through item-by-item management and putting product decision-making in the hands of its stores’ franchisees and managers.
The agreement is also based on the Information Technology Infrastructure Library (ITIL(R)) framework, a standard set of best practice approaches and procedures that improve IT service delivery and helps organizations such as 7-Eleven improve productivity.
EDS has provided IT services for 7-Eleven for more than 15 years, helping the retailer integrate all its sales, inventory, purchasing and accounting systems within a single enterprise-wide solution.
EDS serves more than 200 consumer and retail industry clients and generates more than $1.2 billion in revenue in this sector annually. As a leading provider in the consumer and retail industries, EDS focuses on a variety of market segments including food/beverage, apparel/footwear, consumer products and retail outlets including restaurants, mass/department, grocery, drug, convenience, online/catalog and specialty.
About 7-Eleven
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses more than 7,200 7-Eleven(R) stores in North America. Globally, 7- Eleven operates, franchises or licenses some 31,700 stores in 17 countries and U.S. territories. During 2006, 7-Eleven stores worldwide generated total sales of more than $44 billion. Find out more online at http://www.7-eleven.com/
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 40 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at http://www.eds.com/ .