Unlock the full potential of your franchise network by exploring how centralized procurement platforms are streamlining purchasing processes, reducing costs, and driving growth across multi-location businesses. This report based on survey feedback from over 300 franchise leaders provides actionable insights into the future of franchise procurement and how it can revolutionize your operation.
Explore the Benefits of Procurement Marketplaces for Franchises
In this white paper, McFadyen Digital experts Peter C. Evans, PhD, and Jeff Mikos delve into the transformative impact of procurement marketplaces on franchise operations. By centralizing procurement activities, franchises can access pre-vetted suppliers, leverage negotiated pricing, and gain valuable data insights to optimize purchasing decisions. This report draws from a survey of 300 franchise leaders, exploring the critical trends that are driving widespread adoption of procurement platforms.
With real-world examples from brands like Accor Group and Orangetheory Fitness, this white paper illustrates how procurement marketplaces streamline supply chain management, enhance efficiency, and drive franchise network growth. The authors also highlight key barriers to adoption and offer practical guidance on overcoming challenges, helping franchise leaders stay ahead of the curve in a fast-evolving digital landscape.
Peter C. Evans is Chief Strategy Officer at McFadyen Digital. He has over 25 years of experience leading teams in identifying, framing, assessing, and communicating high-priority marketplace trends and disruptions that support business planning and investment prioritization. He has held senior strategy at large global enterprises (former partner at KPMG, senior director, strategy and analytics at GE). He is the co-chair of the MIT Platform Strategy Summit and the NTWRK Summit in Barcelona, Spain and serves as an Advisory Board member to Marketplace Risk. He is a lifetime member of the Council on Foreign Relations and served on the board of the National Association for Business Economics. He was visiting instructor teaching platform strategy for three years at Dartmouth College and currently co-teaches a Masterclass on Circular Logistics and Platform Strategy. Peter received his BA from Hampshire College and his master's degree and PhD degree from the Massachusetts Institute of Technology.
Jeff Mikos spearheads a unique and holistic approach to assist clients in achieving their digital commerce marketplace objectives. With a firm belief in the synergy of business strategy, technology, and people, Jeff guides the team in developing comprehensive business deliverables, including customer and competitive analysis, value proposition, business model definition, marketing strategy, and various financial planning tools. Jeff ensures that McFadyen’s clients have the right organizational structure, roles, responsibilities, and skill sets aligned with their company culture to fully realize their marketplace’s potential. His expertise encompasses organizational development, technology integration, SWOT analysis, business strategy, e-commerce, organizational design, online marketplace, growth strategies, retail, B2B, and overall strategy planning and execution.
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