Supply Chain Canada has recently acquired the Centre for Outsourcing Research and Education (Core), a non-profit organization that supported organizations and individuals engaged in sourcing and managed outsourcing agreements for the past 15 years.
In a statement on its website, Core said its members had voted to dissolve the organization and merge with Supply Chain Canada through an asset transfer agreement.
“The transaction follows a successful period of strategic collaboration between our two organizations over the past several months,” it noted.
“We are excited about the opportunity this presents for both Supply Chain Canada members and for members and participants of Core. Through this merger, we will now be able to offer expanded education offerings for our members, and increase the size of our community. This will further expand our reach and influence into the outsourcing and services community and enabling us to build a new and vibrant community of interest.”
“It is a very exciting time for the supply chain profession and this acquisition is yet another way for us to demonstrate our commitment to elevating the profession. As an association we actively pursue partnership, merger and acquisition opportunities that help us strengthen our capabilities to serving the end-to-end supply chain community,” says Christian Buhagiar, president and CEO of Supply Chain Canada.
Core brings more than 60 corporate members to the association. The acquisition will help Supply Chain Canada develop new resources in sourcing, procurement, and service contract management.
Supply Chain Canada also recently acquired the Canadian Supply Chain Sector Council (CSCSC) and earlier merged with Supply Chain & Logistics Association Canada (SCL). In 2019 the Supply Chain Management Association (SCMA) changed its name to Supply Chain Canada.
“To ensure that Supply Chain Canada remains at the forefront of change in the marketplace, we feel our acquisition of Core has come at an ideal time. As we emerge from the challenges of the pandemic, there will continue to be disruptive forces impacting the economy and our supply chains. We want to ensure that Supply Chain Canada members and the larger supply chain community are supported at the forefront of change through new knowledge, new networks and expanded opportunities, so that they are prepared to thrive in our rapidly changing profession. We will continue to seek out opportunities for partnerships and alliances that align to our mission and vision,” says Buhagiar.