Accenture Acquires the Shelby Group, Expanding Sourcing and Procurement Transformation Capabilities

By Business Wire On Nov 3, 2023

Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services.

Accenture has acquired The Shelby Group, a leading provider of digital procurement and optimization services. The acquisition further enhances Accenture’s capabilities in sourcing and procurement technology transformation. Financial terms of the transaction were not disclosed.

Founded in 2002 with headquarters in Schaumburg, Illinois, The Shelby Group is a procurement technology consultancy with deep experience in Coupa and Ivalua solutions. It helps clients in the manufacturing, financial services, consumer, healthcare and technology industries transform procurement operations by increasing spend visibility and task automation and decreasing cost and risk. The Shelby Group’s team of 172 highly skilled sales and delivery professionals will join the Connected Solutions group within Accenture Technology, bolstering its position as a Coupa Global Elite partner and growing its relationship with Ivalua.

95 Percent of Retail Leaders Prioritize AI, but Only 40 Percent Feel Ready Due to Data Gaps

Nov 21, 2024

Baffle Announces Vector Database Protection to Enhance Data Security for GenAI Applications

Nov 21, 2024

H2O.ai Generative and Predictive AI Now Validated on the Dell AI Factory with NVIDIA

Nov 21, 2024

Prev Next 1 of 40,642

“In an environment characterized by ongoing disruption, businesses are looking to deliver sustainable savings, reduce risk and support business growth,” said Emma McGuigan, senior managing director and Enterprise & Industry Technologies lead at Accenture. “The depth of The Shelby Group’s digital procurement experience helps us meet growing client demand for sourcing and procurement transformation.”

Jim Kandilas, CEO and co-founder, The Shelby Group, said, “For more than 20 years, we have helped our clients reimagine the strategic value of their procurement function. Our goals of delivering savings and operating efficiencies, along with improved treasury and risk management results through digitization will continue. As part of Accenture, we will further scale our solutions and accelerate innovation, providing exciting new opportunities for our people and our valued clients.”

Other acquisitions Accenture has made to support its clients’ supply chain and sourcing and procurement transformations include, Xoomworks Group, a consulting and technology company headquartered in London that specializes in procurement technology, digital innovation and software solutions development; ClearEdge Partners, a firm specializing in procurement spend management, headquartered in Boston; MacGregor Partners, a supply chain consultancy and technology provider specializing in intelligent logistics and warehouse management, headquartered in Raleigh, North Carolina; and Blue Horseshoe, a supply chain management and strategy consulting firm and systems integrator headquartered in Carmel, Indiana.

[To share your insights with us, please write to sghosh@martechseries.com]