European Internet Consulting Firm Joins Forces with US Supply Chain Consultant; Establish Merges With New Jersey-Based Herbert W. Davis & Co.Business Editors FORT LEE, N.J.--(BUSINESS WIRE)--Aug. 9, 2000 Establish, a Swedish-based Internet consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , announced today it has merged its new US based subsidiary, Establish, Inc. with the US New Jersey-based Herbert W. Davis & Co., a consulting firm specializing in optimizing the supply chain. The company will locate the new US home base for Establish in Fort Lee, NJ, directly across the Hudson River Hudson River River, New York, U.S. Originating in the Adirondack Mountains and flowing for about 315 mi (507 km) to New York City, it was named for Henry Hudson, who explored it in 1609. Dutch settlement of the Hudson valley began in 1629. from New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The newly formed company will carry the name Establish. "We courted Herbert W. Davis and Co. early on, identifying it as an ideal merger for our Internet consulting services," says Hakan Andersson, President, Establish Inc. "The company has an extensive, long-term client base and a reputation for high quality. More importantly, this combination will allow Establish to create an ideal competitive edge in the IT consulting world in the US by partnering with a firm here that is already a recognized leader in supply chain management." Establish has a proven business model in Europe that it hopes to replicate in the US using Herbert W. Davis & Co. as its foundation. With the merger, the two companies aim to create a full service e-business consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , mixing Swedish technology with US hands-on knowledge of supply chain management. "We provide supply chain assessments and problems solving," says William H. Drumm, President, Herbert W. Davis & Co. "We also have a highly successful logistics cost and service database developed and maintained over the past 25 years. By joining with Establish we will be able to provide our clients with leading expertise in assessments, problem solving problem solving Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error. , and business process design for both supply chain management and e-business." About Establish AB Establish (www.establish.com) is a consulting company that develops comprehensive solutions for e-commerce that strengthens a company's competitiveness and contributes to increased profitability. Establish was formed in 1999 through a merger of Svenska Logistikbyrn and the Internet consulting agency On Display. The company presently has 75 employees at offices in Stockholm, Helsingborg, Lund and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Turnover for the year 2000 is expected to reach SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 100 Million in Sweden and SEK 40 Million in the USA. About Herbert W. Davis & Co. Herbert W. Davis & Co. (www.hwdco.com) is a supply chain management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm whose areas of focus include logistics, customer service, warehousing, transportation, inventory reduction, and computer support systems. Projects for medium and large manufacturers and distributors include supply chain and e-business assessments, problem solving, business process design and redesign, and implementation programs to assist clients in making recommended improvements. |
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