Accenture to upgrade Army retail exchange

A global merchandizing system used by the Army and Air Force Exchange Service will be getting an upgrade from Accenture Ltd.

The company announced today it received a $10 million contract to modernize the exchange service, which provides products and services to more than 11.5 million customers in its retail stores in 50 states, 35 countries and five territories. The service also sells to military personnel in Iraq and Afghanistan.

The merchandising system performs various functions, including inventory and price management, invoice management, audits, demand forecasting and data warehousing.

The company said it will design, develop and test software modules to enhance the merchandising system's performance by increasing inventory controls, lowering costs of operations and improving customer service.

Accenture, based in Hamilton, Bermuda, also will deploy the system and provide training and support.

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