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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
Axia Value Chain joins Ernst & Young Terco
Ernst & Young Brazilian firm enhances business performance management and supply chain capabilities

SAO PAULO, Dec. 18, 2012 /PRNewswire/ -- As companies look to enhance their supply chain capabilities in rapidly changing markets, Ernst & Young announced today that Axia Value Chain, a leading management consulting firm, has joined Ernst & Young Terco.  

"Axia differentiates Ernst & Young Terco in the Brazilian market and throughout the world by proposing a new model for business management and client support," said Jorge Menegassi, CEO of Ernst & Young Terco.  "It's a new mindset that translates and simplifies management and the decision-making process by embracing a disruptive and unpredictable new age of business as part of the norm. We both seek to help accelerate the business performance of our clients."

The deal results in an integration of several consulting services, focused on the transformation and protection of business, encompassing business strategy, market and risk management, supply chain, financial and fiscal optimization, human and organizational development, sustainability, innovation and product development, and information technology for decision-making.  

Axia serves Brazilian companies with operations in the country and abroad, including China, Slovakia, the United States and Latin America. Axia saw 38% growth in FY12 and revenues of more than R$35 million (US$17 million).

"Today's move also reflects the drive Ernst & Young is making in emerging markets to better serve clients across the globe," said Bob Patton, Vice Chair, Americas Advisory Services, Ernst & Young. "Our global strategy is about having the best talent in the locations where clients need to do business and linking those teams to their colleagues around the world. This integrated, multinational approach is critical for giving clients 360 degree service."  

Axia Value Chain's practice is underpinned by the company's exclusive proprietary methodology. Its applications can help clients address today's key supply chain trends, ranging from globalization to cost reduction to regulatory requirements.

About Axia Value Chain

Axia Value Chain is a Brazilian consulting firm in business management focused on delivering results and value creation. In its 10 years, the company consulted on more than 150 projects, serving Brazilian companies with operations in the country and abroad. Its team of more than 140 consultants comprises professionals in a wide variety of disciplines.

About Ernst & Young and Ernst & Young Terco

Ernst & Young is a global leader in Assurance, Tax, Transaction and Advisory Services. Worldwide, our 167,000 people are united by our common values and an uncompromising commitment to quality. We make a difference by helping our people, our clients and wider communities to achieve their potential in a competitive world.

In Brazil, Ernst & Young Terco is a consulting and audit firm, with 4,900 professionals that support and serve more than 3,500 clients across all sectors.

In 2011, Ernst & Young Terco became an Official Supporter of the 2016 Rio Olympic Games and the exclusive supplier of consulting and audit services to the Organizing Committee. Shared values with the Olympic Movement were a decisive factor in this partnership.

This press release is being issued by Ernst & Young Terco.

Ernst & Young Terco Brasil

If you cannot find what you need here, please get in touch with a member of the Brazilian PR team — we'll be pleased to help.

SOURCE Ernst & Young Terco

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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