Sustainability Magazine June 2022 | Page 115

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“ THE REAL KEY PIECE FOR BUSINESS RESILIENCE AND VISIBILITY DOESN ' T STOP AT GETTING THE DATA , BUT ALSO CREATING TRANSPARENCY ”

FELIX
DALSTEIN HEAD OF SUSTAINABILITY , GMVK
" GMVK is a consultancy company that helps their customers to drive digital transformation and reduce costs per procured unit of indirect ," Löwenthal says . " What that means is the company helps their customers transform their procurement department , and in the transformation process , help reduce the cost for any indirect that the company spends money on .
" Indirect is everything that doesn ' t necessarily go into the product but takes up a huge percentage of what a procurement department has to deal with on a daily basis . For example a car company needs aluminium as a direct material because it ' s needed in the product . Meanwhile . toilet paper or printing paper are examples of indirects .”
According to Löwenthal , 4EBIT plays a huge role in the procurement process . He said the wing was established in 2020 after GMVK and its consultants realised that using commercially available software was " not really the most efficient way of analysing all the data necessary for the clients ' procurement optimisation ". sustainabilitymag . com 115