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In this article, we hear takeaways from a recent CPO Rountable discussion from Michael Koontz, VP, StrategicSourcing & Business Leader for American Tire Distributors (ATD) Sourcing Solutions. Of course, the ATD Sourcing Solutions group adds value well beyond negotiating a volume discount for goods and services.
In furthering my belief that change management is an essential skill for the procurement professional, we can look at the successes and failures of changing a service provider. The sourcing lead ensured buy-in from the plant's critical stakeholders for the food service change by clearly communicating the industry.
Michael is the VP StrategicSourcing & Business Leader for ATD Sourcing Solutions, whose unique approach to battling inflation we will discuss in a follow-up post. Recognizing that suppliers are an integral part of what we do, we need to create new efficiencies leveraging our suppliers’ labor force to deliver services.
This linguistic disconnect was further emphasized in a 2007 news report indicating the following: Less than 20% of CFOs consider the work of CPOs and their staffs as having a very positive impact on competitiveness.
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