BrazilBCG’s procurement consultancy Inverto installs six-strong leadership
Boston Consulting Group subsidiary Inverto has put in place a new management team, to be installed as of the start of next year.
The six-strong leadership team will be led by Daniel Weise, a Boston Consulting Group veteran who has been named Chief Executive Officer of Inverto. Weise has been with the global strategy consulting firm since 2003, and serves as BCG’s global leader of the procurement service and is part of BCG’s global Operations leadership team. BCG’s procurement consultancy Inverto installs six-strong leadership
Thibault Pucken will become the Chief Operating Officer, while Inverto co-founder Frank Wierlemann has been appointed a director of human resources. Meanwhile, the firm’s two other co-founders – Kiran Mazumdar and Markus Bergauer (the trio founded Inverto in 2000 and led the integration into BCG in 2016) – will transition to non-executive roles.
The other three management team members have been handed a regional remit: Jan Kischkewitz will lead Inverto’s largest region of Germany and Austria, André Thuvesson will oversee Scandinavia, while Thibault Lecat will guide the teams in the United Kingdom, the Netherlands, and France.
Dedicated to procurement and supply chain management, Inverto helps its clients with strategic work in the two domains, through to cost reductions, process optimisation and digitisation. The firm works with international corporations, larger medium-sized companies and private equity firms.
Inverto’s next phase
The instalment of the new leadership team coincides with the launch of a new strategy, which aims to continue the rapid growth the firm has since its tandem with Boston Consulting Group. When Inverto joined BCG’s ranks, the firm had around 130 procurement consultants working in a handful of countries.
Under BCG’s wings, Inverto has more than doubled its revenue and headcount, and now has close to 300 employees working from nine locations in eight European countries. “The integration into BCG’s global network has proved very successful,” said Weise. “Over the past five years, Inverto and BCG have become the leading European consultancy for procurement and supply chain optimisation.”
Building on the momentum, as well as on a raft of major changes that fall within Inverto’s sweetspot (vulnerable supply chains, increasing raw material prices, reshoring, digitisation), the specialist consultancy aims to further its reach. “Several trends are throwing up new challenges for companies in international procurement markets. This places us in the ideal position for the next phase of our growth.”
In working towards its strategic plan, Inverto will remain an independent subsidiary within Boston Consulting Group. “They key to Inverto’s successful development is its ability to operate independently under the BCG umbrella, while at the same time working closely together with BCG experts worldwide. This setup is unique in the market, and we will keep optimising the approach,” said Kischkewitz.
