{"id":89658,"date":"2019-07-07T14:48:45","date_gmt":"2019-07-07T12:48:45","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=89658"},"modified":"2024-12-09T18:14:25","modified_gmt":"2024-12-09T17:14:25","slug":"smi-01-company-news","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/company-news\/","title":{"rendered":"SMI 01 | Company News"},"content":{"rendered":"    <aside class=\"related-articles\" style=border-color:#daedea>\n        <span class=\"related-articles-button\" style=border-color:#daedea> Further articles <\/span>\n        <h3 class=\"related-articles-title\"> Further articles <\/h3>\n        <div class=\"related-articles-content\">\n            <div class=\"row horizontal-gap\">\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/vorschau-capex-titelstory-325x450.png\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/risk-management\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/Risk-Management_Cover-en-325x450.jpg\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                                    <div class=\"article-box col-6 col-sm-4 col-md-12\">\n                        <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-01\/managings-contractors\/\" class=\"article\" target=\"_blank\">\n                            <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/06\/Contractor-Management_Cover-en-325x450.jpg\" class=\"img-fluid\" loading=\"lazy\" \/>\n                            <div class=\"overlay\"><\/div>\n                        <\/a>\n                    <\/div>\n                            <\/div>\n        <\/div>\n    <\/aside>\n\n\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2><span style=\"color: #a0d60a;\">KGM Strategy Moves Closer to Customers in European Markets<\/span><\/h2>\n<p>Economic policy uncertainties and digital optimization opportunities are putting the spotlight on procurement in many companies. To offer international customers the best possible personal service, KGM Strategy has expanded its management team and strengthened its presence in Scandinavia and the UK.<\/p>\n<p>\u201cProcurement is the key for companies to achieve tangible financial improvements and increase their resilience,\u201d says Daniel Weise, Partner and Managing Director, responsible for global procurement business at KGM Strategy\u2019s parent company BCG. The need for advice on procurement optimization is increasing, especially in the current political and economic climate. Companies in the UK are now looking in detail at the possible consequences of Brexit, announcing austerity and efficiency programs to cushion against a possible economic downturn. To provide optimal assistance to customers with these issues, KGM Strategy has strengthened its team in the UK. Procurement expert Lance Younger has led the team since the beginning of February and, with his growing team, helps customers from all industries with procurement transformation, cost reduction, and supply chain management.<\/p>\n<h3><span style=\"color: #a0d60a;\">Thriving Consultancy Market in Scandinavia<\/span><\/h3>\n<p>KGM Strategy also expanded its consulting services in Scandinavia. For several years now, KGM Strategy has been serving customers in the region. After Marcus Schwarz successfully established the Copenhagen branch in 2018, another office has followed in Stockholm. Swedish Managing Director Andr\u00e9 Thuvesson will set up and lead the new office. \u201cAndr\u00e9 Thuvesson is a consultant with outstanding expertise and has managed projects throughout Scandinavia. We are very pleased to welcome him on board,\u201d said Dr. Markus Bergauer, Managing Director and Co-founder of KGM Strategy.<\/p>\n<h3><span style=\"color: #a0d60a;\">Holistic Consulting Service Brings Extensive Growth<\/span><\/h3>\n<p>As a central component of the Operations Practice of the Boston Consulting Group, KGM Strategy has reinforced its knowledge in procurement and supply chain management using strong implementation skills. \u201cOur customers get the full range of consulting services in procurement and supplier management from a single source,\u201d said Daniel Weise. \u201cA comprehensive service from strategy and process management through to implementation.\u201d KGM Strategy now has seven locations and over 180 employees, with growth planned in all markets and recruitment at all locations.<\/p><\/div><\/div><\/div>\n<div class=\"mt-5 mb-lg-13 overflow-hidden full-width\" is=\"image-text-animated\">\n    <div class=\"container overflow-visible\">\n        <div class=\"text-center\">\n            <h2><\/h2>\n        <\/div>\n                    <div class=\"image-with-text-01\">\n                <div class=\"row justify-content-between\">\n                    <div class=\"col-md-6\">\n                                                    <div class=\"image\">\n                                <span  style=\"background-color: rgba(255, 212, 148, 0.5)\" \">\n                                    <figure class=\"animate\">\n                                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Andre_Thuvesson_800x600.jpg\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Andre_Thuvesson_800x600.jpg 800w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Andre_Thuvesson_800x600-768x576.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\n                                    <\/figure>\n                                <\/span>\n                            <\/div>\n                                            <\/div>\n                    <div class=\"col-md-6 col-xl-5 align-self-center\">\n                        <h3>Mr. Thuvesson,Why do you prefer dealing with working capital?<\/h3>\n                        <div class=\"text-container\"><p>In order to improve a company\u2019s working capital, you need to deal more intensively with the core processes and get to know many of the professionals in the customer\u2019s organization. As a rule, implementation projects deliver a number of quick wins, so KGM Strategy\u2019s involvement pays off rapidly for customers. Strategically demanding business sectors really appeal to me, such as process optimization in accounting, and procurement optimization focusing on costs, availability, and storage. I like<div class=\"text-collapsed\"> working together with other people. Intensive and trusting cooperation is required at different levels between the KGM Strategy team and customers to achieve success in challenging areas.<\/p>\n<\/div><\/div><button class=\"btn btn-link text-decoration-none text-uppercase text-blue\"><i class=\"icon icon-plus-rounded fs-65 lh-0 mt-n2 me-2 text-orange\"><\/i>Read more<\/button><div class=\"clearfix\"><\/div>\n                    <\/div>\n                <\/div>\n            <\/div>\n                    <div class=\"image-with-text-01\">\n                <div class=\"row justify-content-between\">\n                    <div class=\"col-md-6 order-md-1\">\n                                                    <div class=\"image\">\n                                <span  style=\"background-color: rgba(255, 212, 148, 0.5)\" \">\n                                    <figure class=\"animate\">\n                                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Marcus_Schwarz_800x600.jpg\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Marcus_Schwarz_800x600.jpg 800w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/MD_Marcus_Schwarz_800x600-768x576.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\n                                    <\/figure>\n                                <\/span>\n                            <\/div>\n                                            <\/div>\n                    <div class=\"col-md-6 col-xl-5 align-self-center\">\n                        <h3>Mr. Schwarz, what low-hanging fruits do your customers most frequently overlook?<\/h3>\n                        <p>I often notice that our customers\u2019 large spend areas are barely managed, if at all. In technical procurement in particular, goods are often simply ordered without first comparing prices from different suppliers and negotiating. These seemingly small amounts can add up very quickly. We set up our Fast Track Program for these cases and negotiate our customers\u2019 ad-hoc needs. And we are very good at doing this!<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n                    <div class=\"image-with-text-01\">\n                <div class=\"row justify-content-between\">\n                    <div class=\"col-md-6\">\n                                                    <div class=\"image\">\n                                <span  style=\"background-color: rgba(255, 212, 148, 0.5)\" \">\n                                    <figure class=\"animate\">\n                                        <img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/london_800x600.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/london_800x600.png 800w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/london_800x600-768x576.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\n                                    <\/figure>\n                                <\/span>\n                            <\/div>\n                                            <\/div>\n                    <div class=\"col-md-6 col-xl-5 align-self-center\">\n                        <h3>Where would you track down the best opportunity to optimize procurement in your field?<\/h3>\n                        <div class=\"text-container\"><p>In my view, beyond cost reduction, there are four areas that are typically undervalued: Firstly, sustainability and the role that procurement should play in the design of sustainable, socially responsible products, services, and supply chains. Secondly, it is about finding effective strategies for dealing with \u2018zombie\u2019 suppliers in core and critical areas to reduce commercial risks and not to miss any opportunities for innovation. Thirdly, companies have to deal with the extensive digitization<div class=\"text-collapsed\"> of categories, processes, and operating models. And finally, there is great potential for increased leadership impact within procurement and suppliers.<\/p>\n<\/div><\/div><button class=\"btn btn-link text-decoration-none text-uppercase text-blue\"><i class=\"icon icon-plus-rounded fs-65 lh-0 mt-n2 me-2 text-orange\"><\/i>Read more<\/button><div class=\"clearfix\"><\/div>\n                    <\/div>\n                <\/div>\n            <\/div>\n            <\/div>\n<\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><h3>By subscribing to our newsletter, you will receive the current issue of our customer magazine Supply Management Insights three times a year:<\/h3>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n    region: \"eu1\",\n    portalId: \"143321638\",\n    formId: \"df71e96e-8cfd-4765-b2a2-caeb009369b4\"\n  });\n<\/script><\/p><\/div>\n<div class=\"col-lg-6\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56565\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-684x630.png\" alt=\"\" width=\"684\" height=\"630\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-684x630.png 684w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-768x708.png 768w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-1536x1416.png 1536w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/10\/Magazine-neu-freigestellt-1-2048x1887.png 2048w\" sizes=\"auto, (max-width: 684px) 100vw, 684px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":10,"featured_media":67729,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"KGM Strategy expands its management team for enhanced international customer service.\u25b6 KGM Strategy, A BCG Company","_seopress_robots_index":"","footnotes":""},"categories":[700,702,394],"tags":[],"class_list":["post-89658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-magazine","category-general-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/89658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/comments?post=89658"}],"version-history":[{"count":1,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/89658\/revisions"}],"predecessor-version":[{"id":107243,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/89658\/revisions\/107243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media\/67729"}],"wp:attachment":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media?parent=89658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/categories?post=89658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/tags?post=89658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}