Bain & Company acquires ArcBlue for procurement services

Management consulting firm Bain & Company enhances its procurement services with its latest acquisition of ArcBlue, APAC’s leader in procurement consulting

Announced by Bain & Company, the leading management consulting firm has acquired ArcBlue to enhance its procurement advisory services. 

The Asia-Pacific (APAC) leader in procurement consulting will operate independently as part of Bain’s specialist procurement implementation service line. ArcBlue will help Bain & Company’s procurement customers to deliver solutions for both short and long-term engagement. 

Together the two will leverage their expertise and services to strengthen Bain & Company’s existing offering in procurement, as well as offer differentiated, cost-effective, end-to-end procurement solutions.

"Procurement is essential to an organisation'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, Global Performance Improvement practice leader at Bain & Company.  

"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,” added Saenz.

Who is ArcBlue?

Founded in 2013, ArcBlue is an Australian specialist in the entire procurement lifecycle. The company has experience in a wide range of industries and supply categories. 

Recognised for its delivery of world-class, transformational procurement programs and solutions, ArcBlue helps its clients to maximise value from their procurement.

Service offerings from ArcBlue include:

  • Procurement transformation
  • Value generation
  • Category management
  • Strategic sourcing
  • Social and sustainable procurement and supply chain solutions
  • Expert analysis
  • Digital offerings
  • Training and learning development
  • A proprietary digital procurement platform
  • Project resources
  • Recruiting services

"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 Chris Newman, co-Managing Director, ArcBlue.

“Bain and ArcBlue have been able to demonstrate the extraordinary impact of our combined capabilities across a range of projects. 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,” said Daniel Fielding, co-Managing Director, ArcBlue.


Featured Articles

What is Indirect Procurement & Why should your company care?

This article looks at what indirect procurement is, why it's important, and the whys and hows of effective indirect procurement implementation

New laws to combat greenwashing reflect wider global issues

Global sustainability reporting conundrum needs resolution as European Union proposes law to prevent greenwashing reflecting global sustainability needs

Actions for CPOs to overcome challenges in 2023: Mckinsey

The latest Mckinsey report on procurement challenges in 2023 gives ten actionable steps CPOs can take to overcome them and turn them into opportunities

Why your company needs sustainable energy procurement now

Procurement Strategy

What are the benefits of procurement transformation in 2023?

Procurement Strategy

8 ways the circular economy will transform business: WEF

Procurement Strategy