What's Happening?
Inverto, a procurement and supply chain consultancy subsidiary of Boston Consulting Group, has launched its first office in the Middle East, located in Riyadh, Saudi Arabia. This expansion marks Inverto's 20th office globally, with plans to open another in Atlanta by early 2026. The Riyadh office aims to address the growing demand for strategic procurement and supply chain expertise in the region. Inverto's CEO, Daniel Weise, emphasized the importance of procurement in driving business transformation and innovation, positioning it as a priority at the board level.
Why It's Important?
The opening of Inverto's Riyadh office is significant for the Middle East's rapidly evolving economy, as it brings strategic procurement and supply chain expertise to the region. This move is expected to enhance business operations and foster innovation, contributing to economic growth. Inverto's expansion reflects the increasing importance of procurement in solving business challenges and building competitive advantages. The collaboration with Boston Consulting Group further strengthens Inverto's ability to deliver comprehensive solutions across various disciplines, benefiting businesses in the GCC region.