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Alex KleinCOO
Alex Klein co-founded Efficio in 2000 with Melaye Ras-Work, Jens Pedersen and Juraj Priecel. He is a leading authority on structuring cross-border Procurement Transformations and has over 20 years’ experience in the industry.

Main areas of practice

Alex is an expert in structuring and executing pan-European and global Procurement programmes, and has deep functional expertise in Strategic Sourcing and Procurement Organisation Redesign.

Career

Prior to Efficio, Alex was a Principal with A.T. Kearney, where he worked for seven years in Europe and in the USA. Alex holds a BA from the University of Bristol and an MBA from Manchester Business School. A German national, he speaks German, English, French and Spanish.

Clients

Alex works across a broad industry spectrum, supporting Manufacturing, Energy, Telecommunications, High Tech, Financial Services and Utilities companies. He also works extensively with leading Private Equity firms to deliver benefits in their portfolio companies.

His sourcing category expertise spans Manufactured Components, Engineering, Construction/Capex, Maintenance & MRO, IT, Facilities Management, Professional Services, Marketing and Temporary Labour.

Significant experience

  • Global Procurement Transformation – global utilities provider:  Launched and oversaw a two-year global Procurement Transformation programme, involving three waves of Strategic Sourcing, global Procurement Organisation Redesign, and upskilling of Procurement teams in the UK and US. Cross-functional global Sourcing teams sourced the majority of Capex and Opex spend, addressing $3 billion in spend, and generating annualised savings in excess of $250 million
  • Pan-brand Procurement – German manufacturing company: Oversaw a Strategic Sourcing project for this Private Equity-owned company encompassing three brand-specific Procurement organisations across a number of European country markets. The project addressed some €200 million of direct and indirect spend, and delivered savings in excess of €20 million. It was an enabler for the creation of a strengthened pan-European Procurement organisation at Group level
  • Procurement Transformation – pan-European mobile telecoms operator:  Launched and managed a two-year Procurement Transformation programme addressing the entire third-party spend, including Handsets, Network Construction, Roaming Charges and other direct and indirect categories. The programme delivered over €100 million in annualised savings from €900 million of spend
  • Strategic Sourcing – global automotive OEM, Europe: Launched and managed a Strategic Sourcing project with a scope of $300 million covering engineering, temporary labour, MRO, and engine testing services. The project involved volume leverage across a number of independent car marques across Europe and resulted in a 10% cost reduction
  • Outsourcing – UK manufacturing company: Led a client team through a process of outsourcing a large ‘bundle’ of non-core facilities management functions. Key work aspects included development of strategic options, determination of optimum outsourcing scope, pre-qualification of suppliers, and deal structuring and negotiation. The project resulted in a 17% cost reduction

 

 

 

 

Video
VIDEO: The CFO's role in unlocking the value in procurement

As part of 'The Future of the CFO' series published by Business Reporter, Alex Klein, COO of Efficio and Carl Barnes, CFO of the Academic Publishing division at Informa discuss the role of the CFO in unlocking the value of procurement.

Insight
WANTED: Proactive CFO to optimise procurement and drive cost savings

Maximising profitability, reducing costs and managing financial risks are key to the role of the CFO. Yet some CFOs are missing savings opportunities.

Spotlight
Is Procurement behind the new wave of innovation in banking?

Three procurement leaders talk us through the current trends in financial services procurement

Opinion
Letter from America – December 2016

Alex Klein, COO, gives an update on Efficio's expansion in the North American market, and what 2017 will hold.

Letter from America

Having established our office in New York last year, we now have a strong revenue base in North America, with a number of large projects with Private Equity-owned companies and blue chip financial institutions.

Insight
The integration conundrum

Efficio COO Alex Klein discusses the role Procurement synergies play in the value proposition of mergers and acquisitions.

Guide
Four ways to maximise your procurement savings

Maximising realised savings is all about diligent execution, good measurement, and cross-functional alignment.

Insight
What happened to the procurement savings you promised?

You ran the procurement process, agreed the budgets, and signed the suppliers – so why did the expected savings never hit the P&L?