Five-year $250 million+ Westpac contract for Stream Solutions

The major print management win was announced by Stream Solutions CEO Andrew Price at the company’s suppliers’ conference on the Gold Coast.

For Stream the new contract represents the consolidation of an existing business relationship, as it was already part of the consortium formed in 2000 to control the Westpac contract along with Mayne Logistics, Websdale Print and Lilyfield Printing. Stream’s share of the initial contract was worth approximately $100m over five years and represented one of the first major print management contracts it scored for a top-20 organisation.



The contract ended last year and Westpac went back to the market. Stream Solutions has now secured the entire end-to-end contract that extends well beyond the warehousing, procurement and IT infrastructure it was previously responsible for. It will see the company partnering with Linfox on logistics, Snap Printing and Beaver Press for the printing.



Andrew Price, CEO of Stream Solutions (pictured right), says he views the contract not only as a big long-term fiscal win for the company but also as a big vote of confidence for the way that his company does things.

“The contract represents a strong expression of faith in the overall model that is offered by Stream Solutions, one that gives our customers a far broader scope of services that extends well beyond print,” says Price.

“Prior to signing the contract, Westpac considered all the available options and what they settled on with Stream Solutions is a completely new print management model that doesn’t look at print on its own, a solution that takes the entire supply chain into account,” he says.