Press release
BAIN & COMPANY’S PETE GUARRAIA NAMED TO CONSULTING MAGAZINE’S 2018 ‘TOP 25 CONSULTANTS’ LIST FOR EXCELLENCE IN MANUFACTURING
New York – May 7, 2018 – Pete Guarraia, a Chicago-based partner with Bain & Company and global leader of the firm’s Operations capability, has been recognized by Consulting magazine as one of its 2018 Top 25 Consultants in the category of “Excellence in Manufacturing.”
“Pete’s vision for the future of business operations has influenced how we as a firm think about and deploy operational excellence as a strategic differentiator,” said Bill Neuenfeldt, regional managing partner for Bain Americas. “I am thrilled that his work has been recognized by our peers in the industry. On behalf of his colleagues worldwide, I congratulate him on this honor.”
Guarraia is the global leader of Bain & Company’s Operations capability – a firm-wide priority with the full weight of the firm’s senior leaders behind it. Under his leadership, the capability has grown nearly 30 percent per year over the last two years and driven nearly two dozen transformations globally that have yielded dramatic results – generating clients 20 to 30 percent cost savings.
In 2017, Guarraia oversaw the launch of a major supply chain initiative within Bain & Company– Bain Supply Chain Edge(SM), a suite of tools and methodologies that help companies fundamentally reimagine their operations and transform their supply chains from a “necessary evil” to a competitive weapon. As part of this initiative, Guarraia has also developed an ecosystem of supply chain technology partners that pair their specialized expertise with the firm’s key supply chain leaders. This network enables Bain clients to more quickly and effectively innovate to disrupt or enhance their existing supply chain models and implement their own tailored approaches.
Along with his leadership roles, Guarraia deploys deep functional experience leading operations improvement efforts in his client-facing work with chemicals, aerospace and defense and semiconductor companies. He works with clients to address a range of issues, including cost transformation, supply chain optimization, manufacturing, corporate due diligence and merger integration.
“It’s an honor to be recognized by Consulting magazine, along with many of my esteemed peers in the industry,” said Guarraia. “I am personally humbled by this recognition and proud that the work we are doing at Bain & Company in support of our clients is having an impact.”
Guarraia’s perspectives on manufacturing and operations have been quoted widely and published in major business media, including The Economist, Forbes, and USA Today.
Guarraia joined Bain & Company in 1997. He earned his MBA from Stanford University.
Guarraia and his fellow honorees will be recognized at an awards gala on June 14 in New York. Coverage of the honorees and the event will appear in Consulting magazine’s July issue (www.consultingmag.com). Consulting is published by ALM, a global leader in specialized industry news and information.
Editor’s Note: To arrange an interview with Mr. Guarraia, please contact Dan Pinkney at dan.pinkney@bain.com or +1 646 562 8102.
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