Business Services Industry
Woolies boosts IT investment.
Australasian Business Intelligence, March, 2006
Mar 20, 2006 (Food Industry Week (NZ) - ABIX via COMTEX) -- Major savings through information technology systems have encouraged Woolworths to invest another $A178m on IT for the current financial year. Woolworths CEO Roger Corbett said the company had already saved $A3.6 billion over the past six years and another
$A1.3 billion would be saved by year's end. The technology helps Woolworths streamline its operations from point of sale and logistics through to stock replenishment. It features a store forecast-based replenishment system, AutoStockR.
Publication Date: 10 March 2006
WOOLWORTHS LIMITED - ASX WOW
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