Tyco Wins Procurement Honors

Tyco International ($20 B revenues; TYC) yesterday earned Purchasing Magazine‘s highest honor, the Medal of Professional ExcellencePaul Teague, Editor in Chief, covers the path to excellence taken by Tyco’s procurement team in this in-depth and insightful article.  It’s must reading for any procurement executive.

Did the travel category get mentioned?  Absolutely! Susan Avery gives this in-depth account of how travel’s big challenges were met with textbook collaboration and strong senior management support.  Rose Speckmann, Tyco’s director of global travel, led a sprawling multi-national effort to integrate and improve Tyco’s travel supplier contracts in all sub-categories. In addition to global sourcing, Rose led efforts to increase the use of video conferencing and improve traveler security.

This is a classic success story achieved in a turbulent corporate environment.  Congratulations to Rose and her team for achieving success and helping Tyco win the Medal!

1 thought on “Tyco Wins Procurement Honors

  1. Pingback: Tyco’s Travel X-Factors: C-Support, Communication « Gillespie's Guide to Travel Procurement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.