Indirect Procurement Strategic Sourcing

Terry LaRock

*******@*******.*** • +1-408-***-**** • San Jose, CA

EXPERIENCE

Tipalti, Head of Global Indirect Procurement Sr. Management May 2022 - Present

Developed new global Procurement, Strategic Sourcing, Category Management and P2P solutions as well as Travel and Expense programs for a private held Financial software company. Hands on in building / working cross-functionally with different offices on a global basis and our other areas of business. Develop sourcing strategy to deliver cost savings and efficiencies for each commodity area. YTD date cost savings over 2 million dollars. Communicates with our employees and vendors through all levels of the organization, primary interface to key stakeholders. Lead cross-functional global teams in supplier evaluation and decision-making. Use of NetSuite, Our own Procurement and T&E expense tools. Aurora, Indirect Procurement Sr. Management

Apr 2021 - May 2022

Part of the Global Supply chain but responsible for Indirect Commodities. Enhanced indirect procurement process design, policy and training and roll out implementation. Hands-on direct procurement focused on indirect areas such as (Workplace/Facilities, People/HR, G&A (finance, legal, etc.) PR, Professional services, Marketing, SAAS agreements, IT (Hardware, Telecom, etc.) etc.) Supplier diversity/sustainability, Supplier selection, RFx creation, Commercial terms and conditions (T&C’s) agreement and supplier negotiations. Quarterly Business Reviews (QBR) with our internal stakeholders and suppliers. Salesforce, Sourcing Consultant

Jan 2020 - Feb 2021

Identify and resolve critical issues to support supplier strategy. Devise robust solutions to mitigate supplier risk as well as oversees travel transformation, advanced analytics, recent mergers & acquisitions (Tableau), and sustainability across overall categories. Improved quality and reduced purchasing cost by developing/implementing robust plans and processes. Boosted team’s performance and encouraged professional growth by consistently training, mentoring, and motivating staff members. Areas of Marketing, Travel, Meetings and Events, and Suppliers Sustainability. Scout RFP, Coupa and Concur software experience.

Contextlogic, Indirect Procurement Senior Executive Jul 2018 - Dec 2019

Created global Procurement, Strategic Sourcing, Category Management and P2P solutions as well as Travel and Expense programs for a start-up E-Commerce company. Hands on in building and managing team and working cross-functionally with other areas of business. Develop sourcing strategy to deliver cost savings and efficiencies for each commodity area. Responsible for overall commodity management (strategy management) activities including driving supplier performance and demand management savings via scorecards, financial evaluation, SLA's, and Quarterly Business Reviews. Communicates with our employees and suppliers through all levels of the organization, primary interface to key stakeholders. Lead cross-functional global teams in supplier evaluation and decision-making. Use of NetSuite, Nexonia and Scout RFP. Fitbit, Indirect Sourcing Director

Jun 2015 - Jul 2018

Brought on to build a team with the right talent in the right roles sets goals, delegates work, holds reports accountable develops and empowers direct reports to make decisions and take action. Strive to demonstrate company's values, maintains a positive open demeanour, encourages different points of view, moves team forward through change provides timely information communicates context for business decisions recognizes accomplishments fosters teamwork and collaboration. Provides thought leadership, continually identifies, and implements new opportunities for cost savings, cost avoidance, supplier diversity and proactively tracks progress towards these objectives. Implemented SAP Hana 4 ERP system for P2P process. Implements and measures cost savings, reduction, and avoidance programs and strategies. Continually refines these programs to deliver optimal results for the company. Provide opportunities across the corporation with supplier negotiation via purchasing of capital, SAAS Agreements, business travel, goods and/service expenses. VeriFone, Sr Director Management Indirect Sourcing 2013 - 2015

Responsible for establishing and leading the global team of strategic indirect sourcing professionals in the following categories of spend; IT, Telecom, Marketing & Sales, Professional Services (Consulting, Legal, Finance, HR), Global Travel Operations, T&E Card, PCard, Corporate Support Services (Facilities, Real Estate and G&A). Design and build the Global Indirect Procurement function moving from multi- regional to global. Partner with the businesses to transform procurement relationships from tactical to strategic with a focus on value creation and cost savings. Identify and develop procedures, policies and indirect sourcing talent towards building a world class Global Indirect Sourcing team. Terry LaRock - page 1 of 2

Seagate Technology, Sr.Manager

2012 - 2013

Responsible for on-going and long-term management and governance of global strategic, and enterprise-wide suppliers. Develop terms & conditions and negotiation strategies and conducts negotiations for contract events. Manage all activities of vendor management including conducting RFI/RFQs, performing evaluations for product/service selection and on-going administration of contracts. Perform financial analysis functions Monitor and manage supplier contract and contract events to ensure maximizing value while minimizing risk.

LinkedIn, Group Purchasing Manager

2009 - 2011

Created and directed global sourcing of multiple commodity groups (including direct and indirect spend, capital, and technology) within travel, purchasing, and corporate card programs to ensure optimal supplier performance. Identify, evaluate, and prioritize sourcing opportunities to meet financial objectives, in partnership with Financial Planning & Analysis, Corporate IT, and management stakeholders. Reviewed specifications from our business partners, manage RFx processes, research suppliers, and consult with legal on domestic and international contracts. Apply strong negotiation skills, influencing internal and external business partners to achieve departmental goals Championed expense reduction initiatives. Established formal purchasing and travel management function in the purchasing group. Developed business relationships with strategic vendors and business partners.

SVB Financial Group, Purchasing Group Manager

2002 - 2009

EDUCATION

Concordia College, San Jose State University

MBA

Terry LaRock - page 2 of 2

Contact this candidate