Efficio expands German partner team with Frank Welge

22 April 2021 Consultancy.eu 2 min. read
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International procurement consultancy Efficio has added a new partner to its team in Germany: Frank Welge.

Appointed to his new role per the start of April, Frank Welge has been tasked with expanding the firm’s footprint in the German consulting market, at a time when demand for procurement (and broader supply chain and operations) expertise is booming amid the changing business landscape.

The Covid-19 crisis and its business repercussions has meant that procurement officers are busier than ever with delivering cost savings on spend, and revisiting their sourcing strategies, among others. This is where Efficio comes in – with eleven offices in Europe, North America and the Middle East, the firm is one of the largest pure-play procurement consultancies in the world.

Frank Welge, Partner, Efficio

Efficio launched its German office in 2017, and has since grown its Dusseldorf team to over 20 consultants. Welge joins the partner team, bringing over 18 years of experience in global operations and procurement consulting experience to the team. He joins from BCG Inverto, the procurement subsidiary of Boston Consulting Group, where he was a managing director.

Earlier in his career, he held roles in industry, including leadership roles in operations, and was an officer in the German Air Force.

“Frank is an exciting addition to our successful German business. His reputation and experience in the purchasing industry will support our strategy and further expand our know-how in order to continue to offer our clients first-class service,” said Tim von der Decken, a Vice President at Efficio. 

Welge specializes in managing projects in the area of ​​operations, purchasing and supply chain management, with a focus on industrials sectors such as automotive, process industrials, aerospace, electronics, and plant engineering. He also has experience with restructuring and turnaround services.

In Germany, Efficio was recently recognised by business leaders and consultants as one of the country’s top procurement consulting firms

The news comes three months after Efficio returned to private ownership after its management team bought the firm back from Livingbridge (supported by HSBC), following a successful five-year investment period from the investor.