Simon King
SUPPECO SPECIAL
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JEFFERSON BARR , CHIEF MARKETING OFFICER ,
NETSTOCK
delivering its ‘ value ’ targets , “ we would need to innovate together with our suppliers ”.
He added that Suppeco “ landed on our radar at a time when we were seeking to drive greater value from procurement and supply chain ”.
King says BAE wanted to move away from “ arms-length relationships ” and rebuild its SRM capability “ to encourage more transparency and openness ”.
To this end , Suppeco worked with BAE to create the Applied Intelligence Collaborative SRM Initiative , built on Suppeco ’ s Cloudbased platform , which has been available to BAE since early 2020 . Initially the project involved four live pilots and 20 BAE Systems suppliers . Prior to Suppeco , Applied Intelligence used Excel-based collateral for KPI supplier performance management .
“ I wanted to get away from managing relationships through spreadsheets and the huge time investment required to create slide decks for periodic governance ,” says King .
Simon King
TITLE : HEAD OF SUPPLIER MANAGEMENT & OPERATION
COMPANY : BAE SYSTEMS APPLIED INTELLIGENCE
INDUSTRY : AEROSPACE & DEFENCE
King is “ a results-driven , experienced procurement professional ” with 25 years ’ experience of supplier and contract management . He also has 15 years ’ experience of category management and strategy , as well as drafting commercial contracts across a range of market sectors .