Procurement / Inverto

Question

Does anyone have a procurement case / INVERTO case?

Answer 1

Hi Alexandra,

Send me a message and I can provide you with a few good ones and/or case you in them!

Remember for procurement/supply chain, first you need to ask objective. In general this will either be "Reducing Costs" or "Fixing/Optimizing Production"

Within Reducing Costs, this could be contract renegotiation, finding new supplies, locking in futures contracts, automating processes (replace labor), changing transport methods, etc.

Within Optimizing Production, this could be a lot of the same i.e. automating processes, finding new suppliers, changing transport methods

Generally, you'll want to segment the supply chain/procurement process to identify problems (i.e. where taking the longest or costing the most).

For Practice Cases Try The Following

1) Search on Operations here (already done): https://www.preplounge.com/en/management-consulting-cases?language=en&topic[]=8&sort=real-case-desc&page=1&perPage=20

2) Google and casebooks are your friend. For example, managementconsulted has some good ones. Go to Accenture, Amex, AT Kearney, Deloitte, and LEK sections which specifically call out operations.

Answer 2

Hi Alexandra!

Unfortunately no, but I would advise you to always be solid on the “classics”:

1. Practice cases with partners asap, as many as you can do.Find experienced partners who can provide a good feedback

2. Practice your math skills, both in your cases and with ad hoc exercisess, such as:

1. Multiplying double digit numbers (https://www.youtube.com/watch?v=6ndkkPZYJHo

2. Leveraging math tools (Mimir math for iOS), Math tool on Viktor Cheng website to practice

Furthermore, you should practice as much as you can, and ensure that you cover:

1. Profitability cases- basic profitability framework.

2. Idea generation cases: for any specif issue

3. Growth cases: market penetration, new product launch, product mix change, etc.

4. Pricing cases

5. M&A cases

6. Valuation cases

7. Value chain cases

Given you are under this much time contraint, consider working with a coach to foster speed and ensure you have a tailored plan to be very targeted. PM me interested!

Hope it helps!

Cheers,

Clara