North Highland buys supply chain specialist LogistiPoint Consulting
Global management consulting firm North Highland has acquired LogistiPoint Consulting, bolstering its capabilities in supply chain, distribution and logistics.
Founded in 2009, LogistiPoint Consulting works for mainly retail and consumer product companies, on topics including supply chain strategy, performance improvement, distribution, warehouse automation and digital transformation. Clients that sit on the firm’s roster include the likes of Backcountry, Barnes & Noble and Dickies, and luxury outfits Burberry, Michael Kors and Ralph Lauren.
The deal sees the 10-strong team of LogistiPoint Consulting join the Supply Chain practice of North Highland, an employee-owned firm with more than 1,400 consultants across the US, Europe and Asia. Randy Moore, who founded LogistiPoint Consulting after a 25+ year career at Kurt Salmon, said that the decision to join the global player empowers the firm to make more of an impact at clients.
“As part of North Highland, we can offer end-to-end capabilities that can solve our clients’ most pressing challenges. We can now offer a full suite of solutions that drive significant results through strategic, customer, workforce and operational lenses.”
For North Highland, the deal is its first acquisition since 2015, when it bolted-on ACME Business Consulting to scale its presence in the Pacific Northwest of the US. Dan Reardon, the Chairman and CEO of North Highland, said that this transaction is geared at achieving an end-to-end proposition in the area of distribution performance improvement. “LogistiPoint’s adds deep knowledge of engineering, facility design and labor management to our existing supply chain offerings.”
The deal comes at a time of heightened interest in supply chain services. Due to the Cocid-19-pandemic, global value chains have seen major disruption, with companies of all sizes including even giants such as Apple and Adidas having to take a logistical hit from pandemic-induced bottlenecks. Illustrating the impact – according to one estimate from McKinsey & Company, Covid-19’s massive supply chain shock could lead to more than $5 trillion in economic losses for corporates sourcing materials and products worldwide.
By teaming up, Reardon and Moore said that North Highland and LogistiPoint Consulting are now better positioned to help their clients successfully navigate these disruptions, while helping them develop and prepare strategies for a different post-Covid-19 world.
Founded in 1992, North Highland is headquartered in Atlanta. The consulting firm is a member of Cordence Worldwide, a global network of consultancies with more than 5,000 consultants and 65+ offices worldwide.
