Supply Chain Cost Management in the Information Age: Projected Cost Modeling to Increase and Maintain Savings Achieved
Cost management requires a strategy that assures cost savings initiatives negotiated with suppliers garner all the potential benefits, while also ensuring those achieved benefits do not erode over the course of time. The development and utilization of cost models greatly enhances an organization’s ability to proactively sustain competitive cost.
Christopher H. Sower
Vice President, Supply Chain Operations
Chris is a graduate of Sam Houston State University having attained B.S. and M.B.A. degrees. Chris began his career in supply chain with Texaco in the late 1990’s, and became a part of Chevron post-merger with Texaco. He continued to have supply chain positions of progressive responsibility until he elected to leave the industry for a category manager of logistics position in the retail industry. After 2 years in that role Chris was promoted to Director of Supply Chain and ran the procurement and sourcing departments.
Chris returned to the oil and gas industry (and Houston) in 2010 with ConocoPhillips where he was Director of Strategic Sourcing. When his boss left for Champion Technologies, Chris was recruited to run Global Logistics. Post-merger with Ecolab/Nalco, Chris was put in-charge of Field Operations and domestic/international transportation for Nalco Champion as Director. In 2014, Chris was promoted to Vice President of Logistics. In 2015, Chris then assumed the responsibilities of the entire supply chain operations for North/South America and W. Africa.