Umbrex is pleased to welcome Waldemar Maj with Metropolitan Capital Solutions. Waldemar is a Founding Partner of Metropolitan Capital Solutions, a strategic consulting and transaction advisory company, founded in 2009. He has over 20 years of experience in consulting, banking, industry, and government. He worked for McKinsey & Company in Warsaw, Poland. He served as a member of numerous supervisory boards of listed and unlisted companies, including Warsaw Stock Exchange. He spent over 10 years in investment and corporate banking in Switzerland (UBS), USA (IFC/World Bank) and Poland. He was Vice-President/CFO of PKN ORLEN, a Fortune Global 500 company, Vice-President of Bank BGZ/Rabobank Group, and President/CEO of DZ Bank Polska. He also was an Advisor to the Minister of Finance.
He holds an MBA from Harvard Business School and Ph.D. in Physics. He completed 7 marathons on 7 continents and an Iron Men Triathlon in Poland.
Umbrex is pleased to welcome Anushia Kandasamy with Samanea Asia Consulting. Anushia is a management consultant and senior leadership facilitator based in Kuala Lumpur, Malaysia with 11 years of experience at McKinsey & Company. Anushia has extensive experience working with in the public sector, as well as with larger SMEs in Malaysia and Southeast Asia. She has also served United Nations agencies on Change Management and Leadership Development.
As a versatile problem-solver, Anushia works across a range of topics related to socio-economic development – and is especially adept at the intersection of government and business. She is also keen on capacity-building, having successfully supported senior leaders in larger SMEs on topics such as problem-solving, communications and managing change.
In addition to these topics, Anushia also conducts impact reviews, helps organisations to set up their business performance management and programme management practices.
Umbrex is pleased to welcome Steve Rooks. Steve Rooks has spent the last 25 years driving value creation across many different industries as a private equity portfolio advisor to TorQuest Partners, AMP Capital, Ontario Teachers’ Pension Plan (OTPP), Sun Capital and TPG Capital, an executive at Avaya and Bell Canada, and a management consultant at Bain & Company. His most recent PE portfolio efforts were for TorQuest Partners and AMP Capital to lead value creation in their respective North American portfolios, for Ontario Teachers to drive a Lean/ Operational Excellence transformation at an marine container terminal operator, and for Sun Capital to drive a merger consolidation of the Canadian operations for a folding carton manufacturer.
At Avaya, Steve was the GM for the $3.8B Enterprise Segment and a major alliance with HP. Steve joined Avaya from TPG Capital (one of Avaya’s owners), where he worked for several years with management teams to drive value creation and turnarounds across a range of TPG’s portfolio companies globally, including rapid $85+ million increases in EBITDA at a coal power and mine business, a medical device manufacturer, and a casino and hospitality business. Prior to joining TPG, Steve drove a $250 million transformation of customer experience at Bell Canada across all channels.
Steve joined Bell Canada after working for 8 years at Bain & Company, a leading management consulting firm, helping to drive change across many different industries and on the full range of topline and bottomline business challenges. He began his career as an engineer in IBM’s manufacturing division.
Steve holds a BASc (Honours) in Mechanical Engineering from University of Toronto, an MASc (Honours) in Mechanical & Electrical Engineering from University of Toronto and an MBA from Stanford University’s Graduate School of Business, where he was an Arjay Miller Scholar. Steve also holds 3 patents in applied image processing.
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 a more comprehensive and transformative approach, powered by new digital and analytical tools, that can lift earnings before interest, taxes, depreciation, and amortization (EBITDA) by 20 percent within six months. These tools, combined with the right approach and methodologies, enable rapid sizing and capturing of the opportunity, permanently changing the way investment and management teams look at procurement—and other aspects of operations
In this article, we will describe the new approach, focusing specifically on the impact that digital tools, advanced analytics, and new methodologies have had on midsize-portfolio companies in a variety of industrial sectors.
The article explores the following:
-Identifying value potential
-Supporting value capture with e-sourcing tools
-Four elements of success
Read the full article, Digital procurement in private equity: Unlocking sustainable impact, on the McKinsey and Company website.