Accenture (NYSE: ACN) has completed the acquisition of Stellantis’ World Class Manufacturing Training & Consulting business, a center of excellence that supports process optimization in manufacturing and the supply chain.
The financial terms of the transaction – previously announced on September 13 – were not disclosed.
The acquisition would allow Accenture to integrate the World Class Manufacturing (WCM) methodology in its solutions that help clients transform their production and supply chain networks to be more efficient, sustainable and resilient. Additionally, the acquisition would bring WCM’s training solutions for increasing manufacturing skills and building a culture of improvement at plants.
WCM is a structured, rigorous and integrated production methodology. It is based on 10 specific areas of the production system using appropriate tools to achieve excellence in each one — Safety, Cost Deployment, Focused Improvement, Autonomous Maintenance and Workplace Organization, Professional Maintenance, Quality Control, Logistic and Customer Service, Early Product and Equipment Management, Environment, People Development — and at a global level.
Stellantis’ WCM Training & Consulting competencies were foundational in optimizing production at the former Fiat Chrysler Automobiles (FCA) plants in Italy and around the world over the past twenty years. In addition, WCM supported companies in the aerospace and defense, automotive, consumer goods, and steel industries, helping them reach world-class levels of performance in their operations.
This acquisition is part of Accenture’s overall growth strategy to expand critical skills and in expanding key markets, to help clients generate 360° value across their businesses.
FinSMEs
05/10/2022