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Riccardo Lovo Business ConsultantRL

Riccardo Lovo

Business Consultant
  • Suggested rate
    €150 / day
  • Experience3-7 years
  • Response rate100%
  • Response time1 hour
The project will begin once you accept Riccardo's quote.
Location and workplace preferences
Location
London, United Kingdom
Remote only
Primarily works remotely
Verifications

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Verified email
Languages
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Categories
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Skill set
Industry fields of expertise
E-commerce
Fashion and Cosmetics
Food and Beverage
Health and Wellness
Private Equity
Riccardo in a few words
I am a strategy consultant with expertise in business diagnostics, process optimization, and financial performance improvement. My background includes roles at Boston Consulting Group and GEP Worldwide, where I have worked across industries such as finance, retail, manufacturing, and private equity. I specialize in helping businesses improve efficiency, structure their key performance indicators, and make data-driven decisions.

I work with startups, SMEs, and growing companies to establish clear business tracking systems, automate processes, and optimize operations. Many businesses lack the tools to understand their profitability drivers, cost structure, and revenue opportunities. My approach focuses on setting up the right frameworks to enable business owners to make informed decisions and scale effectively.
Experience
  • Boston Consulting Group
    Consultant
    September 2022 - Today (2 years and 8 months)
    London, UK
    Selection of projects
    • Global brewer: Rolled out a new operating model across countries, cutting costs by 30% and boosting efficiency, benchmarked 50+ plants in 10+ countries, and developed regional governance with PMO for newly established Operational Excellence Hubs
    • International payment provider: Identified opportunities for enhanced payment resiliency and created a market model for real-time payments in the top 20 countries, leading to strategic initiatives that mitigated downtime's financial impacts
    • Aluminum manufacturer (PE-backed): Developed a 5-year business plan for two plants, created a market model for global aluminum products (plates, sheets, billets) across aerospace, automotive, industrial, and packaging markets, and identified and sized strategic growth opportunities for potential future buyers
    • Global betting and gambling company: Optimized the operating model to cut costs by 54%, established a scalable framework for client growth, and designed governance structures to enhance safer gambling and team effectiveness
    • South African retailer: Built fulfilment model to support business case for potential entry of e-commerce merchandising
    • Conducted 10+ commercial buy-side due-diligences for mid/large-cap PE funds such as:
    • Italian personal and home care retailer: Identified 250 attractive locations for retail expansion by conducting geo-analysis based on key store performance criteria aligned with brand strategy
    • Dutch energy provider: Built model to calculate levelized cost of heating for four different heating solutions in the Netherlands
  • GEP Worldwide
    Senior Associate Consultant
    July 2020 - April 2022 (1 year and 9 months)
    London, UK
    Manufacturing (Travel and Engineering Services):
    • Reduced car rental rates by 10%, achieving $1m sign-on bonus with incumbent supplier by launching an RFP and negotiating initial offer
    • Delivered $4.5m savings in Year 1 (53% of yearly category spend) by re-amortising payment schedule of US fleet and extending replacement cycle of vehicles, reaching 190% of projected three-year savings target
    • Achieved 9% savings on in-scope spend by optimising S2C sourcing process of one business unit
    • Identified $8.2m retrospective savings in Year One by exposing gap in accounting segment of P2P process
    • Led team of 2 Associate Consultants through ideation and implementation phase of a Preferred Supplier Program on an annual spend of $150m+ with expected savings of 10%+ to be achieved by Q2 2022
  • Impact Consulting
    Engagement Manager
    January 2021 - September 2022 (1 year and 8 months)
    London, UK
    Founder and President, London Hub (Jul 2021 - Sep 2022), Engagement Manager (Jan 2021 - May 2021) London, UK Sustainable Consumer Goods Start-up
    • Developed business strategy and spearheaded Hub's direction, scaling the Hub to 100+ members and 8 part-time volunteers
    • Participated in Business Development to secure contracts with 4 clients on up to £15m of post-money valuation
    • Increased gross margin by 8% by aligning pricing with benchmarks identified via market research and competitor analysis
    • Increased inventory turnover ratio from 3 to 5 by implementing a new subscription model and improving stock management
Recommendations
Education
  • Bachelor of Science
    University College London
    2019
    BSc Economics