Bain & Company today announces the acquisition of ArcBlue, a leader in procurement consulting across the Asia-Pacific region. ArcBlue will operate independently as part of Bain’s specialist procurement implementation service line – delivering procurement solutions to existing and new clients for both short and long-term engagements.
Together, the two firms will leverage their expertise and services to strengthen Bain’s existing procurement offerings and offer clients differentiated, cost-effective, end-to-end procurement solutions, ranging from strategy to implementation.
Founded in Australia in 2013, ArcBlue specializes in all aspects of the procurement lifecycle, with experience across a wide range of industries and supply categories. ArcBlue is recognized for delivering world class, transformational procurement programs and solutions – enabling clients to get maximum value from their procurement practices. Headquartered in Melbourne, Australia, ArcBlue has 10 offices across Asia-Pacific, and a team of more than 150 procurement professionals located across the region.
ArcBlue’s key services and offerings include:
- Procurement transformation and value generation programs
- Category management expertise
- Strategic sourcing capabilities
- Social and sustainable procurement and supply chain solutions
- Expert analytics and digital offerings
- Training and learning development services
- A proprietary digital procurement platform, myBuy
- Project resourcing and recruiting services
“Procurement is essential to an organization’s growth and, in many cases, critical to its sustainability transformation. By joining forces with ArcBlue, Bain aims to become Asia-Pacific’s leading procurement advisor, delivering an end-to-end procurement transformation offering that incorporates capability development, strategy, design and technology,” said Hernan Saenz, leader of Bain & Company’s Global Performance Improvement practice. “After successfully working with the ArcBlue team over the last two years, this acquisition cements the relationship between the two firms, leveraging our collective strengths to deliver a best-in-class procurement offering to the Asia-Pacific region.”
“We are incredibly proud of the success we’ve achieved as a team at ArcBlue and are excited about the opportunities that this acquisition presents to our clients, partners and team” said ArcBlue co-Managing Director, Chris Newman.
Bain and ArcBlue have been able to demonstrate the extraordinary impact of our combined capabilities across a range of projects,” said ArcBlue co-Managing Director, Daniel Fielding. “ArcBlue joining forces with a top-tier, global consulting firm with such exceptional expertise opens up great opportunities to elevate the value we bring to all of our clients.”
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