PricewaterhouseCoopers Acquires Alaris Consulting
Monadnock Research - 15 December 2009
NEW YORK - PricewaterhouseCoopers LLP (PwC) has acquired a substantial portion of the operating assets of Alaris Consulting, Inc.(Alaris), a supply chain management consulting firm focused on strategic sourcing, supply chain optimization, and reducing cost and complexity in supply chains. Michael Deering, Alaris' CEO, was admitted as a principal in PwC's partnership and joins PwC's Advisory practice as a member of its Strategy & Operations group led by partner, David Pittman. Alaris' entire U.S. professional team, which works with clients in industrial products, retail and consumer products, has joined PwC. "In today's difficult economic environment, one of the top priorities shared by most large enterprises is the need to reduce costs and increase efficiencies, particularly in the areas of procurement transformation and supply chain effectiveness," said Pittman. "The acquisition of Alaris Consulting's assets and resources will extend PricewaterhouseCoopers' consulting capabilities in supply chain management and sustainable cost reduction. We welcome the addition of Michael Deering and the Alaris team to our practice and look forward to working with them to help our clients solve their most pressing and complex supply chain issues." Alaris Consulting's professionals will expand PwC's supply chain skills in business strategy, procurement transformation, and supply chain effectiveness. Financial terms of the transaction have not been disclosed. "Bringing the assets and expertise of Alaris Consulting to PricewaterhouseCoopers will create a powerful consulting team focused on helping clients reduce costs and improve the management of their supply chain," said Deering. "We are excited to be a part of PwC, and look forward to accessing PwC's extensive resources to deliver even greater value to our clients." Established in 1990 and headquartered in Chicago, Alaris Consulting is a management consulting firm with capabilities and experience rooted in strategic sourcing, supply chain process implementation, and international operations optimization. PricewaterhouseCoopers' Advisory professionals help clients improve business performance, respond quickly and effectively to crisis, and extract value from transactions. The firm helps clients implement business strategies and priorities to: build more effective organizations; profitably innovate and grow; reduce costs; manage risk and regulation; and leverage talent. As business integrators, PwC looks across the organization, focusing on strategy, structure, people, process and technology, to help clients drive sustainable change that yields measurable results. PricewaterhouseCoopers' more than 163,000 people in 151 countries across its network provide industry-focused assurance, tax and advisory services to build public trust and enhance value for clients and their stakeholders. PwC release
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