Chainalytics Acquires Chainnovations

ATLANTA --(BUSINESS WIRE)-- Chainalytics LLC, a leading supply chain research, analytics, and consulting firm focused on enabling fact-based supply chain decisions, announced today its acquisition of Chainnovations, a supply chain management consultancy. Chainnovations’ team will lead a new practice area dedicated to service supply chains and logistics operations. Chainnovations’ founder and managing partner, Irv Grossman, will lead the practice as Vice President.

“We are very excited to join Chainalytics’ team of passionate supply chain practitioners”

The Chainnovations team brings deep expertise and thought leadership in the area of service supply chains, encompassing reverse logistics, after-sales service, and service-centric networks. Chainnovations’ proven track record in improving logistics operations spans a wide range of industries, including Telecommunications and Energy Utilities.

“The addition of Chainnovations’ team creates strategic growth for Chainalytics,” said Mike Kilgore, President and CEO, Chainalytics. “It allows us to expand the scope of services for our existing clients as well as create a strategic presence in verticals where we have little market penetration. Our teams share a common passion for helping companies create smarter supply chains, and I’m excited to add Irv Grossman to our leadership team.”

Prior to founding Chainnovations, Grossman was Vice President of Supply Chain Operations for Cingular Wireless (now AT&T Mobility). At Cingular, Grossman was the primary driver of supply chain innovation, developing a supply chain competency which did not exist prior to Cingular's formation. Grossman also lead the multi-channel Retail Logistics and Warranty Service operations for Cingular. Grossman’s consulting experience includes a senior leadership role in Accenture’s Logistics Strategy Practice.

“We are very excited to join Chainalytics’ team of passionate supply chain practitioners,” states Grossman. “Our merged team will provide clients with a responsive, results-driven capability that is currently unmatched in the market.”

About Chainalytics

Chainalytics is a professional services firm that enhances competitive advantage and shareholder value through optimized supply chain strategies. Using a fact-based decision making approach, Chainalytics accelerates and improves supply chain performance. Chainalytics offers both project-based and managed services using a unique combination of domain expertise, resilient methodologies, and exclusive research and content — all supported by the world’s most advanced decision sciences tools and techniques. Chainalytics targets enterprises with a high degree of complexity created by their unique combination of scale, variability, and geography. With locations in North America and Asia, Chainalytics serves companies globally in a borderless fashion. To learn more, visit www.chainalytics.com.