Accenture (NYSE: ACN) is to acquire OnProcess Technology, a Boston, MA-based provider of supply chain managed services, to help organizations refine processes, improve the way inventory is managed and solve complex service challenges.
The amount of the deal, announced on October, 31, 2023, was not disclosed. Completion of the acquisition is subject to customary closing conditions, including required antitrust clearances.
With this acquisition, Accenture will enhance its supply chain capabilities, specifically in asset recovery and service supply chain management, making it easier for clients to manage service orders, drive returns, track movement and ensure the appropriate reuse, disposal or recycling of assets.
Together, the two companies will offer clients supply chain delivery capabilities with integrated after-sales operations. The combined solution will improve operational efficiency and enhance the customer experience, all while supporting a more sustainable supply chain.
Led by Oliver Lemanski, CEO, OnProcess specializes in reverse logistics for every step of the after-sales process, leveraging automation, AI and data-led decision-making to maintain visibility from planning to asset recovery. The company has more than 1,500 employees located in the U.S., India, Costa Rica and Bulgaria. With their expertise, they serve clients across a diversified portfolio in industries like communications, media and technology, medical devices, logistics and manufacturing.
FinSMEs
11/11/2023