Deutsche Bank keeps Arvato SCM Solutions in its “Strategic Partnership Program”
Inventory management is added to procurement and accounting support
For the second time in succession, Deutsche Bank has included Arvato in its “Strategic Partnership Program” (SPP) by booking an early extension of the existing contract up to 2020.
Within the scope of this extended contract, the Corporate Information Management Division of Arvato SCM Solutions will now also be responsible for inventory management at Deutsche Bank – an additional task pivotal to supply chain management.
To streamline procurement and accounting processes even further, Arvato will act as an intermediary dealer. The SCM experts at Arvato will centrally purchase marketing and office supplies for Deutsche Bank in Germany, store the wares and later sell them to the bank's branch offices and internal units. This concept facilitates invoice flow and enables Deutsche Bank to keep a transparent bottom line on the overhead of the individual units while allocating the costs accurately.
“The partnership between Arvato and the Deutsche Bank has lasted for more than 25 years now. This collaborative relationship of trust enables us to continue to mutually streamline potentials in supply chain management,” says Boris Scholz, Managing Director of Corporate Information Management – Arvato SCM Solutions.