Biz Consultancy Trissential Expands to Chicago, Adds Practice
After a banner year in 2011, Minnetonka-based business-improvement consultancy Trissential is expanding its geographic presence and its practice areas.
The firm said Wednesday that it plans to open an office in Chicago and recently launched a supply chain management practice.
Trissential now has about 120 employees and has rapidly grown since it was founded in 2003. Revenue increased more than 20 percent last year to $21.6 million, and the company aims to grow that number by another 20 percent to $26 million in 2012.
Shortly after Trissential launched, the firm expanded to Milwaukee and then to Madison, Wisconsin. Chicago seemed like a natural next step, Trissential said; the firm intends to open a physical office in the city within the next year.
“We're filling a real gap for consulting services in Chicago,” Trissential co-founder Michael Vinje said in a statement. “Our down-to-earth approach to improving clients' businesses is a refreshing change from the metro area's litany of big five firms and staffing companies.”
Trissential said that it is “aggressively recruiting top talent” in Chicago, where its client roster-which now includes Underwriters Laboratories and Northwestern Medical Faculty Foundation-is growing.
In addition to expanding geographically, Trissential recently created a practice within its enterprise applications group that's dedicated to supply chain management. The practice offers a wide range of consulting services for companies looking to make improvements to their supply chains; those services include supply chain optimization, sourcing and supply management, inventory strategy and deployment, supply chain software solutions, and customer responsiveness and segmentation, among many others.
Trissential already has a half a dozen experts within the supply chain management practice and plans to grow that figure by about two dozen experts in the Upper Midwest over the next two years.
“Our [supply-chain management] practice rounds out Trissential's enterprise applications offering, strengthening our ability to service Fortune 500 companies in the Midwest-from their project management office to warehouse inventory management,” said Vinje, who co-founded the firm with Keith Korsi.
Trissential offers expertise in a wide range of industries. The firm was featured in the October issue of Twin Cities Business, which highlighted a survey that Trissential administers to all employees; the survey ensures that consultants are appropriately matched to various clients.