Joseph M. Thompson

About Joseph M. Thompson

Transformed procurement and supply chain organizations and delivered outstanding results for four of the world’s most well known companies: BLOOMBERG, AVON, MARS, and CARGILL. Held executive level roles at companies ranging up to $71 billion in revenue, 64 countries and employees worldwide. Created maximum business value through setting and communicating a clear strategic vision, building high-performance teams, driving dramatic change in organizational capability and collaborating with key stakeholders and cross-functional partners. STRATEGIC LEADERSHIPCreated the vision, mission and critical success factors for the Sourcing function and developed and implemented an action plan to transform it from a tactical operation into a highly valued strategic partner.VALUE DELIVERY & OPERATIONAL EXCELLENCELeveraged comprehensive sourcing practices to deliver $1B in cost savings, improve working capital by $750M, increase spend under management from 30% to 100% and reduce supplier count by over 50%. TRANSFORMATION & TECHNOLOGY SOLUTIONSDrove people, process and technology changes to convert the Sourcing function from the lowest to highest quartile of external functional benchmarks. Responsible for functional transformation, strategy formation and deployment. Developed and implemented a complete suite of sourcing technologies leading to a vast improvement in productivity, spend visibility and process compliance and control.COMPLIANCE & RISK MANAGEMENTLed all the sourcing related aspects of an extensive compliance and due diligence program culminating in the successful completion of a Deferred Prosecution Agreement with a U.S. government appointed monitor. AS A LEADERCharacterized as a trusted and inspirational leader with high integrity who drives positive change, maximizes potential of individuals and creates high performing teams. Improves organizational speed, builds talented teams and cultivates staff capabilities within a complex business environment.

Experience

1. Advisory Board Member

   Emerix

   Feb 2025 — Present

Education

• Brown University

  B.A., Organizational Behavior & Management

  1982 — 1986