Over a career spanning more than 30 years, Steve has held senior procurement and operations positions with large and small, public and private, and for-profit as well as non-profit organizations. He joined College Board in 2016 after serving as Vice President of Global Sourcing at National Geographic Society, and prior to that, as Vice President of Supply Chain Management at Vertis Communications, a national printer of advertising circulars and direct mail promotions. Hughes started his purchasing career at Hallmark Cards in Kansas City following five years of military service as a U.S. Army officer at Fort Bragg, NC with the 82nd Airborne Division, where he completed 40 military parachute jumps.
What are some examples of the challenges and rewards you experience as CPO of the College Board?
As a CPO, the perception in most organizations I have been a part of is that Procurement is a bureaucratic bottleneck which stakeholders try to go around or engage only as necessary to get tactical transactions processed. The challenge I have faced over and over again, including at the College Board, is transforming the way all levels of the organization think about the procurement function from being a shared services cost center to a strategic resource for the organization that optimizes the value we receive from our supply chain.
While there are rewards in seeing an organization gradually change it perceptions of the procurement function, the greatest reward is the privilege of developing a team of procurement professionals who ultimately make that transformation happen through their efforts to build collaborative relationships with stakeholders.
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New Speakers Announced for the Midwestern Regional SIGnature Event
The Midwestern Regional SIGnature Event will take place on March 6 at the beautiful Minneapolis Central Library downtown. The impressive line-up of speakers includes Nancy Brooks, Vice President of Procurement Commercial Office with Best Buy; Rohan Ranadive, SVP, Head Intelligent Automation at BB&T; Linda Tuck Chapman of Ontala; Shirley Hung, a Vice President with Everest Group; Clare Horn, Process Excellence Lead of Virtual Operations; and Dawn Tiura the President and CEO of SIG. Join us for a full-day of thought leadership and networking. This is a free event for buy-side participants and their team! Visit our website to see the agenda and register.
When critical supply chain partners are financially weak, they become more likely to be the source of unpleasant surprises. Such supplier problems can damage a company’s brand reputation and sales. To avoid surprises, companies can leverage risk management strategies and predictive analytics to gain visibility into latent supply chain risks.
SIG University continues to certify the most well-rounded procurement professionals in sourcing, supply management and third-party risk management. Take advantage of a 15 percent discount when you enroll by March 15. Classes begin on April 15.