BCG subsidiary Inverto eyes strong growth in the UK
Having intensified its activities in the UK over the past 12 months, BCG subsidiary Inverto has announced plans to double its headcount in the country. The efforts will be led by new Managing Director Thibault Lecat.
Supply chain managers in the UK face multiple challenges in the coming months. The coronavirus pandemic is already having major implications for logistics firms, while the dust continues to settle from a fraught Brexit process. As a result, the need to find ways of reducing spending and improving performance without passing on costs on to the consumer means that British procurement consulting will likely see a boom in the coming year.
German origin consultancy Inverto was founded in Cologne, in 2000, and employs more than 200 staff. The firm delivers a range of supply chain optimisation services, from identification, evaluation, and implementation of procurement savings to improvement in strategy and processes and organisational transformation.
In a bid to further bolster its capacity in the area of procurement and operations, Boston Consulting Group (BCG) fully acquired Inverto in 2016.
The deal saw Inverto become an independent entity within BCG, and the organisation has used its backing from the strategy consulting giant to boost its own campaign of expansion. Since BCG purchased it, Inverto has grown its headcount by more than 50 staff, and accelerated its growth into the Nordics, the Benelux region, and the UK market. To this end, Inverto appointed a new Managing Director for its British presence in the form of procurement transformation expert Lance Younger.
Now, Inverto is looking to further boost its UK wing with a recruitment drive in 2020. According to a release from the firm, it will look to double its headcount in Britain by the end of the year – a plan which will be spearheaded by new Managing Director Thibault Lecat.
Working alongside Younger, Lecat’s focus is on the development and deployment of future-proofed operating models capable of adapting to rapidly changing business environments, while he will be primarily responsible for developing Inverto’s technology, media and telecom and consumer products sectors.
Kiran Mazumdar, co-founder of Inverto, said, "Thibault's expertise and commitment will be a major asset to our London office. We are delighted to have him with us and are excited about what this means for the expansion of the team under strengthened leadership."
Lecat is an expert in the transformation and digitisation of procurement. Having spent the last decade at EY, where he was latterly a Director, Lecat is experienced in advising global organisations across the media and entertainment, consumer products and energy sectors. A graduate of the renowned Ecole d’Ingénieurs en Sciences et Technologies du Numérique in Paris, he also holds an MIB degree from the University of Sydney.
