“Accenture’s outcome-oriented attitude and innovative methods to tap into the global market and generate competitive tension resulted in maximizing our benefits within a short span of time. This initiative has not only generated commercial benefits that were better than expected, but also set us up for the future.”
-George Gerovasilis, Director of Supply Chain for Optus Networks
Optus is a wholly owned subsidiary of SingTel Group and one of the largest telecommunications companies in Australia. Every year, Optus invests hundreds of millions of dollars to upgrade the network over which its services are delivered - as quickly as Optus was purchasing network-related equipment, it was decommissioning assets that had become obsolete. By the company’s own estimation, Optus could save up to 25 percent in storage costs and generate additional revenues by selling its decommissioned assets. Working closely with Accenture Strategy, Optus now has the industry’s first-ever asset disposal program in place. The program will help Optus generate additional revenues, save warehousing costs and better manage risk for years to come.