- First North American Office Opening in Chicago
- Dan Belz to Head the Firm in the Region
- Paul Zahn Appointed Chief Operating Officer for North America
CHICAGO, January 22 – INVERTO, the Boston Consulting Group (BCG) subsidiary specializing in procurement and supply chain management, is expanding into North America by opening its fourteenth worldwide office in Chicago. Paul Zahn, formerly a Managing Director in the firm’s Cologne office, will lead the new office and drive the business as Chief Operating Officer (COO) for the region. An industrial engineer, Zahn joined INVERTO in 2013. He has been a managing director in the Cologne office since 2021, serving clients from the industrial goods sector and heading the Automotive and Mobility practice area. Dan Belz will head INVERTO in North America. Senior partner and managing director at BCG, he started his career at the consultancy in 2009. Belz supports clients across strategic challenges and operations topics. He is a core member of the firm’s Operations practices and Corporate Development.
Founded in 2000, INVERTO has grown into one of the leading specialists in strategic procurement and supply chain management in Europe, offering its clients cross-industry expertise from its thirteen locations across nine European countries and in China. INVERTO’s solutions cover areas including decarbonization and sustainability, end-to-end digitalization, and supply chain reengineering and risk management.
“Our goal is to continue our European success story by growing into a procurement and supply consultancy leader in North America”, said Zahn. “I look forward to offering our broad range of expertise in procurement strategy, transformation and digitalization to our North American clients.”
“I am very proud of the remarkable growth achieved by INVERTO, and of the deep industry expertise we have built to date,” said Dan Belz. “Bringing INVERTO to Chicago will deliver significant value to our clients. I am thrilled to help shape the future of procurement in North America with a very talented and experienced team.”
“In the space of twenty-plus years, INVERTO has grown from a start up to one of the leaders in procurement and supply chain management,” said Daniel Weise, INVERTO CEO and global topic leader for procurement at BCG. “Opening our new Chicago office, together with our existing presence in Asia, marks a step-change into a truly global company. We are bringing our offering to North America at a time when supplier relationships are more important than ever, and we look forward to being part of the transformation of supply chains on both sides of the Atlantic.”
As an international management consultancy, INVERTO is one of the leading specialists in strategic procurement and supply chain management in Europe. The consultancy supports companies from strategy development to implementation and accompanies them in the digitalization of procurement. As a subsidiary of the Boston Consulting Group, INVERTO identifies and realizes the potential for process optimization and cost reduction for its clients and supports the establishment of resilient supply chains that meet sustainability criteria. In comprehensive transformation projects, INVERTO is the trusted partner for improving the performance of the procurement organization.
INVERTO has over 500 employees in 14 locations in 11 countries. The diverse, international teams have in-depth expertise in various industries and functions. Clients include international corporations and mid-sized companies across all industries, as well as the world’s leading private equity firms.