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Smarter Sourcing
Smarter Sourcing
EP 59 - Ferrara's Kristen Coar On Aligning Procurement To What Your CEO Actually Wants
AUG 27, 202640 MIN
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Description
Kristen Coar, Vice President of Global Procurement at Ferrara, stopped measuring savings on the direct side. Her procurement organization targets on-time delivery, supply chain flexibility, and market-beating pricing, aligned to what her CEO and CFO actually prioritize.
Kristen tells John why most procurement organizations rush to digitize before their foundational data is ready, how a Navy career shaped her servant-leadership approach, and why she applies a "snake oil" filter to AI procurement vendors promising the world.
Topics discussed:
- Why Ferrara measures procurement value differently for direct vs. indirect
- Aligning sourcing strategy to what senior stakeholders actually prioritize
- Running centralized global strategy with local procurement teams
- Stakeholder buy-in through pairing trust-building with top-down policy
- Why digitizing before fixing master data governance wastes resources
- Using energy hedging as a baseline risk management practice
- Filtering AI procurement tools through a "snake oil" detector
- How GLP-1 drugs are reducing demand across the sugar industry
Get in touch with Kristen Coar:
LinkedIn
Get in touch with your host, John Pavia:
LinkedIn
Listen to more episodes:
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