Magazine 04: 20 years of INVERTO
…for 20 years now
It all started with an idea – we wanted to turn procurement upside down. With this vision, three friends founded INVERTO (lat. ” reverse”) in the summer of 2000. Since then, procurement and its role has changed as decisively as businesses, industries and ultimately INVERTO itself. In this anniversary issue of our customer magazine Supply Management Insights, we look back on 20 fantastic years and show the developments that await procurement in the future.
A glance behind the scenes
How does INVERTO operate today and what has changed in the past 20 years? We asked our colleagues to tell us their stories and what makes our special dynamic. They share insights of their travels, the responsibilities of our corporate functions and what they do to unwind after work.
From a proud history to a successful future
In just two decades, INVERTO became reliable a brand. Our founders Markus Bergauer, Kiran Mazumdar and Frank Wierlemann reflect on the last 20 years and look into the future together. The Boston Consulting Group, to which we have belonged since 2017, has played a special role in our development. Managing Director and Senior Partner Martina Rißmann and Daniel Weise, Managing Director and Partner at BCG, look back on the process of getting to know each other and the development both companies have undergone together since then.
The next step in procurement evolution – Procurement Transformation
Of course, we are still a long way from achieving our goal and we are looking forward to the next 20 years of further growth in Europe. That’s why we not only want to look back but also look to the future and show what developments await procurement in the coming years.
- Innovation, sustainability and risk management – Driving businesses forward with agile procurement
- Future challenges facing procurement
- Digitization, innovation partnerships and trainings – Experts on the future of procurement
Read editorial
Dear Readers,
It all started with an idea 20 years ago. Our name INVERTO comes from ‘invert’ – perfect for our ambitious goal of turning the world of procurement on its head. Now we can look back on 20 wonderful years – a period which has been guided by a very loyal companion indeed: transformation. And as companies and industries have developed, the importance of procurement has also grown dramatically.
We’re proud to have played a part in actively shaping and supporting that transformation process in procurement. This anniversary edition of Supply Management Insights is our chance to explain our approach and our secret to success. We also share some personal insights and take a look behind the scenes.
Boston Consulting Group has played a decisive role in this rapid development since we joined them in 2017, so we asked them why we were chosen back then and what their vision is for INVERTO.
Of course, we are still a long way off achieving our goal, but we believe that the next 20 years will be as exciting as the last, with a lot of new developments ahead. With our cover story, we take a glimpse into the future and see what lies ahead for procurement.
We look forward to more exciting years ahead with you and hope you
enjoy reading.
Thibault Pucken, on behalf of the Managing Directors
