Accenture (NYSE: ACN) has acquired Joshua Tree Group, a Franklin, TN-based supply chain consulting firm specializing in distribution center performance.
The amount of the deal was not disclosed.
The acquisition will help Accenture make distribution centers more productive and efficient for its clients in retail, consumer goods and other product-based industries. It also expands Accenture’s capabilities to design and build more autonomous supply chains, where AI-powered tools improve labor productivity, inventory management and customer fulfillment.
Founded in 2017 by Seth Davis and Mike Mullican, Joshua Tree Group works on how successful supply chain improvements can be realized for labor-intensive operations, helping clients achieve transformative, measurable results. A core service of JTG is coaching and training staff on the warehouse floor. It helps supervisors empower front-line workers to perform better in their jobs, allowing companies to increase retention and better manage seasonal volatility. JTG combines on-site worker management and leadership engagement services with advanced analytics tools to monitor performance and establish smart work routines. The firm operates globally, focusing on North America and also supporting European and Asian projects.
Accenture will combine its digital technology capabilities with JTG’s distribution center expertise to offer generative AI and digital twin warehouse solutions to retail and consumer goods clients.
FinSMEs
15/10/2024