PwC has completed the acquisition of Olivehorse Consulting Services. The Big Four company first announced plans to buy the supply chain management consultancy in December.
An SAP Gold Partner with proven accreditations of expertise in supply chain management, Olivehorse provides end-to-end supply chain planning and management solutions to SAP, Anaplan and Kinaxis customers. Founded in 2012, the company has been in high demand in recent years as geopolitical tensions, climate change and the global pandemic have disrupted supply chains around the world.
When PwC announced it was going to integrate Olivehorse into its supply chain offering, it was driven by this same spike in demand. Strengthening PwC’s own supply chain capability, the agreement brings an additional 60 staff into PwC’s supply chain practice. On the other side, Olivehorse hopes this move will help it scale, access new opportunities around the world, due to PwC’s international reach.
Fred Akuffo, Managing Director of Olivehorse, said: “I am delighted to enter into this agreement and, along with all of Olivehorse, to be part of PwC, a global network with incredible people and resources, which will help us bring a greatest value to our customers. We are excited and energized by the prospect of building a new future for our people, for PwC and for all our clients. I am deeply proud of all the work that Olivehorse has done and see this as the next step in our journey.
The challenges facing the UK and global economies in the area of supply, scarcity and disruption will see companies turn to innovative and technological solutions to strengthen their supply chains. PwC in particular hopes the addition of Coventry-based Olivehorse will help that end.
Alistair Kett, Head of Supply Chain and Advisory Operations at PwC, said: “We know this is a hugely important market for our clients and the people they serve and we are proud to have improved the value we can provide. As the world recovers from the global pandemic, we know that issues of supply, scarcity and disruption will require new, innovative and technology-driven solutions. Our team is uniquely positioned to help our clients meet these challenges.