Joseph M. Thompson Email & Phone Number

Irvington, NY, US

Greater New York City Area

Independent consultant and advisor on all Supply Chain functions with a focus on Procurement. Extensive international experience with global companies in the Agricultural Commodity, Food, Pet Care Beauty and Financial sectors and business to business, retail and direct selling channels. Expertise in end to end organizational transformation including.

Contracts define the trading, client and operating relationships of financial companies. With high value at risk and complex content, financial institutions’ interactions with contracts remain manually intensive and expensive. As other areas of finance have increasingly applied new approaches and technology to evolve, progress in this space has remained.

Leaf Logistics is creating a multi-party network of shippers, carriers, and logistics service providers. Leaf builds technologies for our members to participate in this network and plan, coordinate, and execute their transportation logistics more effectively. Today, the product suite includes the Leaf Adapt platform for shippers to build antifragile.

Greater New York City Area

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal..

Greater New York City Area

Independent consultant and advisor on all Supply Chain functions with a focus on Procurement. Extensive international experience with global FMCG companies in the Agricultural Commodity, Food, Pet Care and Beauty sectors and business to business, retail and direct selling channels. Expertise in end to end organizational transformation including people.

Greater New York City Area

• Reported to the Senior Vice President of Business Transformation and Global Supply Chain and served on the Global Supply Chain Council. Accountable for $6B ($3B direct, $3B indirect) of expenditure in 64 countries. Led.
• Led the development of functional strategies, set annual performance targets and drove sharing of best practices globally for each functional Center of Excellence.
• Leveraged competition and supply chain financing to improve working capital by $750M equal to an increase in weighted average payment terms of 50 days.
• Aggregated spend and drove simplification efforts to reduce total supplier count from over 70,000 to fewer than 30,000 globally.
• Established a comprehensive compliance program, greatly increasing the due diligence required when assessing the supply base leading to significantly reduced corporate risk and successful completion of a Deferred.

Greater New York City Area

• Reported to the Senior Vice President of Global Supply Chain and served on the Global Supply Chain Council. Accountable for $6B ($3B direct, $3B indirect) of expenditure in 64 countries. Led a team of 400+ associates.
• Redefined the expectation of the role of the Sourcing function in the business from being a tactical executioner to a strategic partner leading to Sourcing’s involvement in nearly all spend decisions and ensuring.
• Led a total transformation of the Sourcing function globally including organization redesign, talent overhaul, world class Sourcing process design/rollout and world class Sourcing technology implementation moving the.
• Demonstrated the value created by following robust sourcing practices and ultimately increased spend under management by the Sourcing function from 30% to nearly 100% globally.
• Utilized comprehensive and rigorous sourcing practices throughout the business to deliver direct and indirect cost savings of $100M+ annually.

London, United Kingdom

Reported to the President of Masterfoods Europe (MFE) with accountability for $4B of expenditure ($2B Direct, $2B Indirect) for 28 factories in 25 European countries including key markets such as U.K., Germany, France and developing markets such as Eastern Europe, Iberia and Scandinavia and 425 direct and indirect reports. Key member of the management team.

London, United Kingdom

• Reported to the Manufacturing Vice President of Masterfoods Europe which consisted of Mars' Snackfood, Pet Care and Food businesses. Accountability for Demand Planning, Order Processing, Production Planning, Customer.
• Designed and formed a European, cross category supply chain organization supporting the newly formed MFE business including the consolidation and integration of all functions under one organization, leading to an.
• Developed the foundations for a demand led, responsive supply chain based on lean principles, leading to the highest Customer Service level in five years. Increased Finished Goods cycle speed by 15% thus improving.

London, United Kingdom

Reported to the Commercial Vice President (Chief Procurement Officer) of Mars Snackfood Europe. Managed the procurement of all volatile, agricultural commodity related materials with an expenditure of $600M and management of all currency exposures equivalent to $1B. Responsible for Mars’ worldwide cocoa and currency strategies and price risk management.

Greater Los Angeles Area

Kal Kan Foods was the North American Pet Care Division of Mars with a turnover of $1.5B.North American Dry Raw Materials (1996-1998)North American Wet Raw Materials (1995-1996)

Greater Los Angeles Area

Kal Kan Foods was the North American Pet Care Division of Mars with a turnover of $1.5B.North American Red Meat Materials (1993-1995)North American Commodities (1990-1993)

Cargill was an international provider of food, agricultural and risk management products and services with $71B in turnover, operations in 59 countries and 124,000 employees. Senior Trading Manager All Wheat & By Products Northeast Region, Albany, NY (1990)Senior Trading Manager All Wheat & By Products, Minnesota, Mankato, MN (1989-1990)Trading Manager.