Xchanging the procurement and tech services provider have signed a 3 year deal with Severn Trent Services, the water supplier.

Xchanging will be responsible for in excess of $100 million of 13 indirect categories of procurement services including IT, logistics, transport, travel and telecommunications.

The deal comes with Ian Daley the VP of product management and global procurement at Severn Trent Services (STS) stating “STS wanted to improve spend visibility and increase coordination in all areas of indirect spend”.

The contract marks Xchanging’s first contract in the utilities sector.

Xchanging: Seat At The Top Table