Founder and Chairman
As the threat of recession looms, most enterprises are reviewing all levers to maintain profitability and refine processes for resiliency in the future. All business functions are being asked to look at ways to improve efficiency, drive down cost, plug leakages and improve value. With companies, on average, spending over 44% of the revenue on buying goods and services, the procurement function needs to be at the center of every enterprise’s resiliency and profitability strategy. BNY Mellon proactively started building a value-driven procurement organization in 2019. Under the leadership of its CPO, Joseph Martinez, BNY Mellon implemented a holistic procurement model encompassing strategy, organization structure, and Source-to-Pay processes with contract lifecycle management and vendor governance as central and key pillars.
Join us for this webinar to discover how BNY Mellon’s proactive effort in transforming its procurement organization is helping the bank deal with the current economic situation with confidence. The webinar features Joseph Martinez, CPO, BNY Mellon alongside Tim Cummins, President, IACCM and Ajay Agrawal, Founder and Chairman, SirionLabs.
As the Chief Procurement Officer at BNY Mellon, Joseph is responsible for Strategic Sourcing, Procurement to Pay Operations, Category Management, Market Data, Accounts Payable and Supply Chain Analytics. Prior to joining BNY Mellon he was the Chief Procurement & Financial Operations Officer for MUFG Bank. Over his 30 years of experience in Supply Chain Management, Joseph has held various senior positions in financial institutions such as Deutsche Bank, Bank of America, American Express, Wachovia Bank and JPMorgan Chase. Post University, Joseph served 8 years in the U.S. Army and is a veteran.
Professor Tim Cummins is the founder and President of the International Association for Contract & Commercial Management (IACCM). He was inspired to start the Association by his work at the IBM Corporation, where he led global re-engineering of the contracting process and commercial organization. Through worldwide benchmarks, he recognized the importance of developing contract and commercial management as a distinct business discipline and competency. His research and influence have been recognized through appointment as a Professor of International Commercial & Contract Management in the school of law at the University of Leeds, and in 2019 as the winner of the Financial Times 'Market Shaper' Award.
Ajay has been a product visionary in the strategic legal technology space for more than 20 years. He founded UnitedLex Corporation in 2006 – a global leader in legal process outsourcing and strategic legal technology – leading the company through a period of profitable growth creating over $100mn in enterprise value in 4 years. Ajay has worked as a securities law expert in some of the world's leading firms and investment banks. He serves as an entrepreneur-in-residence at CodeX, the Center for Legal Informatics at Stanford University.