Insights by Nitor

Gary Stoddard

Gary Stoddard
Gary Stoddard provides leadership on the business strategy and development of Nitor. He provides clients with expertise across the Source-to-Pay spectrum including: spend assessment, category management, strategic sourcing, contract negotiations, supplier management and procurement transformation projects. Gary has over 20 years of procurement experience across many industries. Prior to joining Nitor, Gary had a 10-year career at Rolls-Royce where he held management positions in global procurement, supply chain operations and customer business.
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Recent Posts

Where are you on your Procurement Maturity Journey?

Posted by Gary Stoddard on Jan 9, 2019 9:59:09 AM

Just like people, Procurement organizations are at different points on their continuous improvement journey. People rely on friends, classes, self-help books, mentors, and family to help them identify opportunities for growth and improvement. Where would a Procurement organization go to help them identify opportunities and actions required to continue on their journey? 

Some companies use industry benchmarks and roundtables, or work with peers at other companies to see how they compare. But what does that really provide? A couple of data points that tell them they could be better. That probably isn’t breaking news if the questions are already being asked and it certainly doesn’t provide an actionable roadmap to sustainability.

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Topics: Spend Analytics, supply chain management, strategic sourcing, eprocurement, procurement technology, procurement transformation

Realizing Value Through Procurement Transformation

Posted by Gary Stoddard on Jul 5, 2018 12:10:07 PM

On June 26th Nitor hosted a 1-hour webinar about how to best enable Procurement Transformation, titled: Realizing Value Through Procurement Transformation.

(If you were unable to attend the live event, don’t worry, you will be able to request access to the recording in the link below.)

The session, featuring Gary Stoddard, Partner at Nitor,  highlighted what it takes for organizations to realize true value when looking to transform their Procurement practices.

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Topics: procurement consulting, procurement technology, webinar, procurement transformation

Empowering Organizations to Create Sustainable Value

Posted by Gary Stoddard on Dec 19, 2017 11:14:56 AM

Empowering Organizations to Create Sustainable Value - The Need for a Holistic and Integrated Procurement Environment

Gary Stoddard is a Partner with Nitor Partners, whose single focus is empowering clients to achieve Source-to-Pay excellence. Dawn Tiura, CEO and President of Sourcing Industry Group, got together with Gary recently to get his thoughts on creating sustainability and the need for an integrated procurement environment.

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Topics: strategic sourcing, procurement consulting

Seasonal Staffing: Strategic Sourcing and Contingent Labor

Posted by Gary Stoddard on Feb 13, 2017 2:00:14 PM

Many business cycles have a “season.” In retail, the holiday season is a make-or-break occasion. 

In the world of accounting, tax season provides the heaviest workflow. Some business seasons follow the school calendar (travel and school supplies) and others the seasons of the year (construction or HVAC repair/sales).

The best part of seasonality in business is it is predictable.  

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Topics: strategic sourcing

Are You Ready?

Posted by Gary Stoddard on Jan 4, 2017 9:51:33 AM

The world of Procurement, including the different technologies, methodologies and strategies will continue to evolve and have a significant organizational impact in the coming year.

Staying abreast of the latest trends and offerings will differentiate best in class organizations from those that fall behind.

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Topics: procure to pay, procurement consulting

Finding Opportunities In Spend Analysis

Posted by Gary Stoddard on May 24, 2016 10:14:05 AM

 

In Western astrology, it is believed the universe is formed by four Elements: earth, air, fire and water. 

 Each of the four contains its own unique and beneficial properties within itself and when they work together they create one perfectly formed universe.

The same is true with the Source-to-Pay environment.  Each Element is individually important and valuable to create and /or deliver value. However, when all the Elements across the Source-to-Pay spectrum work together, a holistic and integrated best-in-class Procurement organization is enabled. 

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Topics: Spend Analytics, supply chain management, procure to pay

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