Svp/Chief Procurement Officer
New York, Ny, Us
Assessed, designed and implemented enhancements for streamlining the procurement organization for an $11 Billion media conglomerate owning over 365 businesses, including cable channels, Magazines, newspapers and television stations. Taking into account the company’s long history and success (and decentralized structure), introduced new ways to leverage spend across businesses to unlock value that benefits the collective enterprise through best-in-class supply management processes. Identified opportunities within category management, spend aggregation/leverage, analytics/intelligence, contract development, supply base consolidation, expenditure approval and automation. • Developed new collaborative strategic relationships with businesses that previously performed their own procurement. Worked closely with business presidents, Finance and C-Level leadership. • Improved processes within category management, spend aggregation, analytics/intelligence, contract development, supply base consolidation, and expenditure approvals.• Developed strategy and guidelines for a data-driven procurement process that enables efficient planning, identification of sourcing opportunities, streamlined contracting, and enhanced vendor management.• Devised contract management standards for negotiation, execution, renewal/maintenance and storage.