Conversation with Kate Vitasek, author of Strategic Sourcing in the New Economy

Today Buyers Meeting Point welcomes Kate Vitasek as our guest. Kate is a well known and respected authority on highly collaborative win-win relationships based on her award winning research and the Vested Outsourcing business model. Kate has written six books and is a faculty member at the University of Tennessee. She has been recognized by World Trade Magazine as one of the “Fabulous 50+1” most influential people impacting global commerce. Kate is a contributor for Forbes magazine and has been featured on CNN International, Bloomberg, NPR, and Fox Business News.

She recently marked the release of her newest book, “Strategic Sourcing in the New Economy: Harnessing the Potential of Sourcing Business models for Modern Procurement.” For more information on the VestedWay and related open source materials, click here.

In this conversation, we discuss:

• The commonly known business models and frameworks that procurement must be willing to let go of
• Whether 'old' strategic sourcing is a procurement problem or a symptom of an enterprise-wide problem that procurement can solve
• The difference between adopting a new model and embracing a new mindset