Umbrex is pleased to welcome Jochen Kaduff.  Jochen started his career as Management Consultant and later Associate Principal in the Swiss and Eastern European Offices of McKinsey & Co. He advised numerous Swiss and European clients on questions regarding Strategy, Organization, Turnaround, Post Merger and Risk Management. Afterwards, for two decades he held senior management positions in Strategy, Corporate Development, Finance, Risk and Business Divisions at various mid- and large-sized international banks (UBS, Credit Suisse, Bank Julius Bär, Vontobel Group)…

Michael Wise recently co-authored this article for McKinsey that explores how best-practice purchasing is now an even more potent source of value creation for private-equity leaders. A careful review of purchasing is typically part of any private-equity (PE) playbook, with procurement savings factoring prominently into 100-day and longer-term business plans. As part of the process, procurement professionals are typically charged with finding and acting on low-hanging opportunities like requesting price reductions and volume discounts from suppliers. Leading PE firms are adopting…