PODCAST: How Best Buy Procurement Delivers Value Beyond Savings through CSR

0

Guest: Tim Meester, Senior Director, Procurement & Sustainability, Best Buy
Episode Number: 131
Publication Date: Monday April 17th, 4pm Pacific Time

“CSR is built into our goals in procurement. Many of our team members are already passionate about these topics but we do currently have twenty percent of our goals tied to corporate social responsibility efforts, and specifically, to tangible results that come out of those efforts. People are learning that it’s an essential aspect of what we do in procurement. And, you know, I don’t think we’d have it any other way” – Tim Meester, Senior Director, Procurement & Sustainability, Best Buy

Today, I’m joined by Tim Meester. Tim is the Senior Director of Procurement and Sustainability for Best Buy, an almost forty billion dollar revenue provider of technology products, services, and solutions.

As I got to know Tim in our pre-interview, I was very impressed by his and his team’s efforts to deliver value beyond savings at Best Buy. We connected to discuss CSR and sustainability, but that is only the start for his team.

In today’s discussion, Tim shares the actions that Best Buy procurement is taking to expand the procurement value proposition and importantly, how Best Buy actually incentivizes their teams to enable them to focus on more than just cost savings alone.

Areas we cover in today’s conversation include:

  • Tim’s key to hiring – look for people passionate about what they do.
  • What Tim recommends procurement professionals do to stand out from the crowd.
  • Why it is important to expand procurement’s value proposition.
  • The value of staying current on disruptions and innovations within your supply markets.
  • The importance of sustainability to Best Buy.
  • Examples of specific indirect categories that provide great opportunities to implement sustainability while also reducing cost.

 

 

 

 

 

 

 

About Author

Procurement and Supply Australasia (PASA) is the leading provider of information and education to procurement and supply professionals throughout Australia and New Zealand. PASA supports the largest community of engaged procurement stakeholders in the region, through its renowned series of events, publications, awards, plus various community and network building activities. PASA is a trading name of BTTB Marketing, for many years recognised as the leading producer of conferences and events for the procurement profession in Australia and New Zealand. Whether producing under the BTTB, CIPSA Conferences or now PASA brands over the last ten years, our events have consistently led the market in terms of both educational and networking opportunities.

Leave A Reply