INVERTO, a Boston Consulting Group (BCG) subsidiary based in the UK, is launching a new office in Zurich, Switzerland. The firm focuses on managing procurement cost volatility and supply chains.
The new team will work closely with its colleagues from BCG. Daniel Weise, INVERTO’s CEO and Global Topic Leader Procurement at BCG, highlights that with the new location the company “aim[s] to move closer to [their] clients and maintain long-term relationships.”
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Recently, the USA and the EU have passed laws aimed at boosting decarbonization and sustainability efforts. These laws also demand compliance from foreign trading partners. Swiss businesses must evaluate these effects and take the necessary action. INVERTO aims to utilize generative artificial intelligence (GenAI) to help with these efforts, particularly as it could apply to supply chain management and procurement.
Joachim Stephan, Managing Partner of BCG Switzerland, says: “Switzerland has proven in the past that it is often one step ahead of its international competitors. This leading edge should also be reflected in supply chain management, and this is where our colleagues will contribute their specific expertise in joint projects.”
Despite benefitting from low inflation and economic stability, supply chain disruptions and geopolitical tensions pose an equal challenge to Swiss businesses as they have been to their counterparts in the European Union. As a result, Switzerland has prioritized cost-effectiveness and supply chain resilience. Through strengthening their operational stability, Swiss businesses can keep their competitive edge and strengthen innovation.
Zurich is INVERTO’s fourth location to open this year, the other three are Chicago in January, Jakarta in July, and Kuala Lumpur in July.
