Accenture intends to acquire Stellantis’ world-class manufacturing training and consultancy business in Italy
Acquisition Would Strengthen Accenture’s Business Process Optimization Capabilities
MILAN; September 13, 2022 – Accenture (NYSE: ACN) has announced its intention to acquire the World Class Manufacturing Training & Consulting business of Stellantis, a center of excellence that supports process optimization in manufacturing and the supply chain. ‘supply.
The acquisition would allow Accenture to integrate World Class Manufacturing (WCM) methodology into 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 to increase manufacturing skills and create a culture of improvement in factories.
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 of them – Safety, Cost deployment, Targeted improvement, Autonomous maintenance and organization of the workplace, Professional maintenance, Quality control , Logistics and customer service, First products and equipment Management, environment, people development — and globally.
“The current macro-economic environment has increased the urgency to optimize business processes, particularly in manufacturing and the supply chain,” said Mauro Macchi, market unit manager for Accenture in Italy. “We help our clients digitally transform their business processes to maintain business continuity, achieve growth and become more sustainable. The WCM team of specialists will enhance our capabilities in this area by bringing Accenture certified methodology and over 30,000 best practices that can help our clients achieve tangible benefits faster. This approach is also in line with recent guidelines from the Italian Ministry of Economic Development regarding investments in Passage 4.0 within the framework of the National Recovery and Resilience Plan (PNRR)”.
Stellantis’ WCM Training & Consulting skills have been fundamental in optimizing production in former Fiat Chrysler Automobiles (FCA) plants in Italy and around the world over the past twenty years. Additionally, WCM has supported companies in the aerospace and defense, automotive, consumer goods and steel industries, helping them achieve world-class levels of performance in their operations.
This transaction would fit with Accenture’s growth strategy to build critical skills in key growing markets to help clients drive 360° value in their businesses.
Terms of the transaction were not disclosed. Completion of the acquisition is still subject to customary closing conditions and approvals.
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