Optimizing tail spend is a major area of impact for procurement departments, but for many it seems like an unattainable goal. Learn from Walter Charles and Greg Tennyson, two experts in procurement, as they outline the keys to identifying tail spend and the benefits of having a sound management strategy.
Walter Charles, Chief Procurement Officer at Biogen—and former CPO at Kraft, Kellogg’s, and J&J—has the unique perspective of serving on supply-chain leadership teams and leading procurement transformations across biotechnology, consumer packaged goods, pharmaceutical, and medical device businesses. Walter holds an MBA from Columbia University and an M.Eng. from Stevens Institute of Technology.
Greg Tennyson is the Global Head of Corporate Services at VSP Global. He has over 30+ years of experience as a global procurement executive and spent six years as the CPO at Salesforce.com and ten years as the CPO at Oracle Corporation. Greg is an M.Sc. Management Certified Sourcing Professional by Sourcing Interest Group and previously held ISM Certified Purchasing Manager and National Contracts Manager Association Certified Professional Contracts Manager credentials.
Kevin Frechette is the CEO and Co-Founder of Fairmarkit, the intelligent sourcing platform. He’s spent the last 3 years meeting with hundreds of procurement and supply-chain executives from every industry to learn how they view and approach tail spend management. His core focus is on understanding how procurement can be transformed using data, automation, analytics, AI, and machine learning.