Supply Chain Management Giant Genpact Acquiring Barkawi Management Consultants
The addition of Barkawi’s consultants is to bring on more data, analytics and digital expertise
Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, has signed a definitive agreement to acquire Barkawi Management Consultants, a leading supply chain management consultancy with operations in the US and Europe that is part of the Barkawi Group. Terms of the deal were not disclosed.
The addition of Barkawi Management Consultants' consulting expertise and leading supply chain technology services is expected to enable Genpact to deliver to clients – many of whom are in the consumer packaged goods, industrial manufacturing, and hi-tech industries – global, end-to-end supply chain services bolstered by domain, digital, and data science expertise.
Barkawi Management Consultants specializes in providing both strategic and operational supply chain management services, including areas like supply chain strategy design and execution, demand planning, supply planning, sales and ops planning, distribution strategy, and design. Their broad solution footprint allows Barkawi to help clients improve many important areas of after sales/aftermarket services including services strategy, parts pricing, failure forecasting, repair management, and warranty management, which drives considerable strategic value for clients through improved operations, risk reduction, and lower costs. Additionally, Barkawi Management Consultants' key partnerships with leading supply chain technology providers and implementation expertise will complement Genpact's proprietary planning and control tower solutions, providing comprehensive digital capabilities to clients.
"Supply chain management is incredibly strategic to our clients since it directly impacts their competitive differentiation, revenue, and operating margins. This is a key area where we're investing," said Shantanu Ghosh, business leader, Enterprise Services, Genpact. "With Barkawi Management Consultants, we will be adding market-leading supply chain strategy and technology consulting capabilities, as well as terrific talent to our existing domain expertise, digital investments, and managed services base. We have already seen the power of this complementary and unique combination drive significant value by enabling an end-to-end scalable transformation proposition in client engagements where we have recently partnered with the firm."
"This transaction is a great fit for our consulting entity, given Genpact's strong domain expertise, focus on innovation, digital and analytics capabilities, and global scale," said Karim Barkawi, founder and CEO, Barkawi Group. "Barkawi Management Consultants clients and Genpact clients will have a much stronger, unified partner to help them achieve transformative results in their supply chain management operations."
Mike Landry, who has been president of Barkawi North America, will lead the integrated Genpact global supply chain business.