With locations all around the world and a headquarters in Chicago, Illinois, McKinsey was established in 1926. On LinkedIn, he has 43,727 workers. One of McKinsey’s key areas of expertise is management consulting.
SCM Connections, situated in Chicago, Illinois, was established in 2010. His 40 coworkers are listed for the company on LinkedIn. The areas of expertise for SCM Connections include inventory optimization, statistical forecasting, consumer goods and utility network optimization, supply and response, supply chain planning, supply network planning, demand planning, production planning/detailed scheduling, supply chain collaboration, supply chain analysis, integrated S&OP, supply chain solutions, IBP, digital supply chain, and supply chain analysis.
The acquisition will enhance McKinsey’s capacity for supply chain planning and enable it to serve a wider range of clients with SCM solutions.
SCM Connections is acquired by McKinsey: Executive Insights
Complex global supply chain difficulties and variable supply chains are requiring businesses to update the methods and technologies they employ to estimate demand and manage supply and inventory to meet it.
Operations Practice Global Co-Convenor and Senior Partner Daniel Swan of McKinsey & Company stated:
Modern supply chain management is in a new era when sophisticated planning abilities are vital and digital innovation creates a path to resiliency.
With the help of this purchase, we will be able to assist our clients in implementing a holistic, technology-enabled supply chain planning strategy to support resilience and long-term growth.
SCM Connections’ CEO, Mike Raftery, added: We are pleased to join McKinsey and broaden our reach to serve more clients at a larger scale – throughout the entire manufacturing and supply chain cycle.
Utilizing incomparable knowledge and expertise in establishing supply chain and operational excellence, McKinsey has demonstrated its unique ability to deliver scalable and sustainable transformation plans. By combining our expertise, we will be able to provide end-to-end transformations that add value over the long term and have a stronger impact for clients.