February 11, 2019 – (Upland, CA) – Group50, a privately-held, full-service supply chain consultancy founded in 2004 is pleased to recap its 2018 results and announce the addition of Lara Abrams to its team of executives.
“Among others, Group50 worked on significant projects with a fast food chain; the design and implementation of a manufacturing system for a new company; support of several start-ups; restructuring and fund-raising for a medical device company; sourcing of components in Mexico for two clients; a review of a distribution center; the redesign of a manufacturing facility and a Value Stream Mapping (VSM) project at a private university for their entire facilities organization” said Jim Gitney, CEO of Group50.
“Looking forward to 2019, I’m delighted to announce the addition of Lara to the organization who, during her corporate career has been a strategic advisor, group business partner, VP of Logistics, has had senior business development roles and is multi-lingual. She brings many years’ experience in both strategic planning and business development-related roles, with domestic and international experience in middle market companies, technology organizations, as well as the larger private equity community. Lara will be focused on Strategic Planning, Business Development and expanding Group50’s growing reach within the middle market private equity community. We look forward to significantly increasing the number of private equity firms we do business with in 2019. Her experience working with middle market companies and private equity firms in support of strategic IT initiatives and supply chain risk reduction within portfolio companies is a significant asset to our team.”
“Group50 consultants are veterans from corporate America, coming from every functional area, bringing best practices and experience with just about any problem our clients may encounter,” noted Lara. “Group50’s executive consultants have worked with investors, including middle market private-equity backed organizations both domestically and globally. When a client engages Group50, they are working with true subject matter experts – in many cases someone who has been in their role. Middle market private equity-backed companies and their management teams have long valued Group50 for its consulting capabilities and depth of advisory, interim executives and supply chain industry expertise. It’s a delight to be working with Group50.”
About Lara Abrams
Roles in which Lara has served during her career: Ambassador for Sepsis Alliance; Strategic Advisor, Group Business Partner and Director, Strategic Marketing, Miratech Group; VP, Corporate Development, Texas Logistics Group; VP, Business Development, Focus Technology; Publicist, Flagship Logistics Group and in business development and marketing-related roles for organizations such as G-Log, Commerce.Net, Aberdeen Group, Intershop Communications and Michael Conrad & Leo Burnett GmbH. She has a B.A. from Northwestern University in International Studies and German Studies, with a minor in Political Science, and a M.A in German from the University of Wisconsin-Madison. She also studied at both Albert-Ludwigs-Universität Freiburg i. Br., and Universität Regensburg, Germany. She has served in roles requiring bi-and at times tri-lingual expertise, built, led and worked with multi-disciplined, cross-functional project teams located both domestically and in geographies around the world and served in various formalized senior corporate development roles, functioning as an advisor to boards and management teams.
Group50 works with investors and middle market companies. Its consultants have guided companies such as GE, Black & Decker, P&G, PWC, Verizon, IBM, AT&T, Citigroup, Chemtura, and many others to higher levels of performance. Group50’s knowledge of global best practices sets the company apart as a consulting firm, with its consultants having completed projects in over 25 countries, coming from many industries and all functional areas, with a command of more than 10 languages within the team. Because of this experience, Group50 brings unique leadership skills, insights, program management expertise and best practices from around the globe to investors and their management teams.
With expertise in Supply Chain Management – Quote to Cash, and Raw Materials to Finished Goods, and Group50’s business development, strategic planning, strategic funding and global IT capabilities, Group50 is able to bring specific skills in redesigning organizations and business processes to leverage technology for significant return. Group50 has unique experience in integrations of acquired companies. This enables us to work with clients effectively, and partner selectively and quickly to provide assessment, integration and implementation support for private equity firms, operating partners, family offices, including multi-family offices, and in partnership with legal and financial services firms, CIOs and their teams, and IT services organizations needing additional support.
For more about Lara’s primary practice area and experience, please see Mergers and Acquisition Consulting. For more information about Group50,, you can email Jim Gitney or Lara Abrams, call us at (909) 949-9083 or request more information here.
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