SGS Maine Pointe

We are thrilled to win Supply & Demand Chain Executive’s 2024 Top Supply Chain Projects Award for our outstanding work in the energy sector. Our due diligence for a multinational energy corporation is enabling them to partner with innovators in the low carbon technology sector who have the most potential for successful commercialization of their product. This recognition highlights SGS Maine Pointe’s expertise in optimizing and streamlining supply chains and our capabilities in due diligence as well as continued dedication to working with companies in the energy and natural resource industries. What optimization and growth opportunities can we help you capture? #Supplychainexcellence #naturalresources #energysector #energy #oilandgas SGS

Join us in welcoming Kevin Hogan as the new Managing Director, Head of Industrial & Consumer Products at SGS Maine Pointe! Kevin brings 27 years of experience in driving growth and performance improvement across the automotive, aerospace, and industrial equipment sectors. His impressive background includes a 15-year tenure at a leading consulting firm and recently leading the Mobility practice at EY. Kevin's leadership will be instrumental in continuing our momentum in the Industrials vertical and enhancing our presence in selective consumer segments. #SGSMainePointe #Leadership #IndustrialProducts #ConsumerProducts #SupplyChainTransformation #PerformanceImprovement

The role of the CFO is undergoing a significant transformation. A recent report by FTI Consulting highlights key trends impacting CFO tenures and skillsets. Key Takeaways: - Increased complexity and strategic importance of the CFO role are driving high demand for top talent. - Average CFO tenure is decreasing, with a growing number transitioning to new opportunities within 5 years. - Companies need to develop robust succession plans to address CFO departures. - Fractional CFO solutions offer a valuable option for smaller companies. This article dives deeper into these trends and their implications for both CFOs and companies. Read the full report here:https://lnkd.in/evdM3Nsd #Finance #CFO #Leadership

At SGS Maine Pointe, we prioritize integrating sustainability into procurement to reduce costs, enhance brand reputation, and strengthen stakeholder relationships. In a recent report, 71% of procurement programs in 2024 focus on corporate sustainability goals. These strategies enhance risk management, brand reputation, and resilience. Let's make sustainability a core part of procurement to drive meaningful change. #Sustainability #Procurement #SupplyChain #SustainableProcurement

5 Strategies for Reducing Energy Market Costs and Risks. Electricity and natural gas costs significantly impact profitability across industries, especially in key supply chain areas. At SGS Maine Pointe, we understand the complexities of managing these costs and offer strategies to control them effectively. These techniques are vital for companies consuming energy in manufacturing, distribution, warehouse, and logistics activities. By following these steps, it will help businesses achieve substantial cost savings and enhance profitability. Take the opportunity to reduce energy costs and enhance your company's profitability by implementing these strategies. #EnergyManagement #CostReduction #SupplyChain #Procurement

Is Your Quality Management Strategy Behind the AI Curve? Many quality leaders feel pressured to quickly adopt AI due to recent advancements. According to Gartner, while only 42% planned to invest in AI in 2021, this dropped to 2% by 2023. AI offers significant benefits, like enhancing efficiency and reducing costs, but misconceptions persist. Only 27% of organizations have fully deployed AI, meaning most are still in the early stages. Achieving AI's full potential requires careful planning and collaboration. Focus on data management, strategic investment, and organizational change. Identify key AI use cases across regulatory, supplier, design, manufacturing, logistics, and postmarket functions. Now is the time to develop your AI strategy. Start planning and experimenting to stay ahead. #AI #QualityManagement #Innovation #Strategy

Whether you're enjoying fireworks, barbecues, or time with loved ones, we hope you have a joyful and safe holiday. Wishing everyone a happy 4th of July! #IndependenceDay #4thOfJuly #SGSMainePointe #Celebration 

Welcome Alex Bevacqua, Julie Brignac, and Lance Raley! Click below to read the news in Consulting.us. #ConsultingExcellence #SupplyChainTransformation #SupplyChain #Operations #BusinessGrowth #ClientSatisfaction

We are thrilled to share the results of our recent project with a leader in the aerospace industry, specializing in machining, fabricating, forming, and delivering parts and assemblies. In a “buy-and-build” roll-up investment, a PE investor group acquired nine metal machining businesses serving the aerospace engine markets with 13 manufacturing facilities. Their investment goal was to enhance EBITDA margins by gaining economies of scale in direct materials procurement and freeing up overlapping inventory to release cash. With a revenue target of $500M in one year (from ~$350M), there was a heightened focus on raising the company’s TVO maturity in terms of organization, processes, tools, and people. The SGS Maine Pointe initiative enabled the company to achieve financial gains, further integrate for scale, prevent redundancy, and release cash tied up in inventory. Key Achievements: -$10.9M in Savings: Achieved an 18% cost reduction in major spend categories. - Enhanced Data Accuracy: Increased inventory attribute data from 9% to 91%. - 4:1 ROI: Delivered substantial returns on investment. Read the full case study below to find out more. #Aerospace #Investment #Procurement #SupplyChain #BusinessGrowth #FinancialSuccess #SGSMainePointe #PrivateEquity

We are pleased to announce David Critchley as the new Managing Director of Business Development for Industrial and Consumer Products & Services at SGS Maine Pointe. With a strong background in transforming supply chains, David brings valuable experience to his new role. We look forward to his contributions in delivering impactful results for our clients. Learn more about David's background here: https://lnkd.in/ezURYRdc #SupplyChain #Operations #SupplyChainExcellence #SupplyChainManagement #SupplyChainTransformation #Industrial #ConsumerProducts