Environmental, Social, and Governance (ESG) programs are at the top of many C-suite agendas, and they have held their place despite economic challenges and sustained supply chain disruption. And yet, in the world of investing, ESG Funds are starting to come under scrutiny – do they satisfy requirements for fiduciary responsibility?
Although most conversations about ESG focus on the environmental and social benefits they promise to deliver, it may be the G – Governance – that ultimately keeps everyone on the straight and narrow.
In this week’s Dial P audio podcast, Kelly Barner looks at recent news stories and lawsuits related to ESG investing and speculates what they may mean for other corporate ESG initiatives:
• How are ESG scores issued, and how closely do they mirror what is happening operationally?
• What kind of leverage does passive investing give influential funds over the companies they invest in?
• Can advancing environmental and social causes be done without forgoing expected returns?
Intro/Outro (00:01):
Welcome to dial P for procurement, a show focused on today’s biggest spin supplier and contract management related business opportunities. Dial P investigates, the nuanced and constantly evolving boundary of the procurement supply chain divide with a broadcast of engaged executives, providers, and thought leaders give us an hour and we’ll provide you with a new perspective on supply chain value. And now it’s time to dial P for procurement,
Kelly Barner (00:31):
The environmental, social and governance movement known to its friends. As ESG is one of the hottest areas of focus in business today. Now, by definition, it’s bigger than diversity. It brings together environmental concerns, social concerns, and governance concerns into one movement. And it really does seem to have staying power. ESG has remained on sea level agendas, despite economic challenges and sustained supply chain disruption. Now it isn’t necessarily the same worldwide. In my experience, European companies tend to be a little bit ahead on the environmental part while the us has a history of focusing on diversity and inclusion. So we’re a little bit ahead there, but with so many global entities working on ESG, everybody’s now getting the opportunity to learn from each other and move it forward. Now that’s in a corporate setting, but there’s also an ESG movement afoot in the world of investing.
Kelly Barner (01:39):
And it is starting to run into some issues that I suspect may eventually spill over into the corporate initiative space. There have been a number of pieces in the news. Recently, one that really caught my eye in the wall street journal titled the ESG investing backlash arrives and opinions are all over the map. What it really boils down to is the question of whether you can do good and do well at the same time, especially publicly traded companies have a fiduciary responsibility to their shareholders. And as you start to bring in additional constraints that don’t necessarily have anything to do with the bottom line, it gets complicated. Recently there was pushback from 19 states, attorney generals based on their responsibility for public pension funds calling out an ESG fund for maybe not abiding by what it said, its priorities were from a return perspective. There’s also a lawsuit making its way through the federal courts, challenging the legality of board level diversity quotas for companies traded on the NASDAQ.
Kelly Barner (02:58):
In this episode of dial P for procurement I’ll review, what is ESG investing and why has it been growing in popularity? The tension that’s naturally created when you try to satisfy multiple constraints, sometimes conflicting constraints at the same time and why things seem to be coming to a head. But before I go any further, let me pause and introduce myself. I’m Kelly Barner. I’m the co-founder and managing director of buyers meeting point. I’m a partner at art of procurement and I’m your host for dial P here on supply chain. Now I am constantly scanning the news for appropriately complex articles to discuss things that are interesting, but might escape. People’s notice, especially as with today’s topic. When we’re looking at something that’s crossing from the world of investment, into the sphere of corporate initiatives. My goal is never to lead you to a simple answer, but instead to provide you with the background and context, you need to form your own opinion.
Kelly Barner (04:07):
We release a new podcast episode or interview every single Thursday. So be on the lookout for future episodes. And don’t forget to check out past episodes as well. Before we get back to ESG investing, I have a quick favor to ask. I truly hope you find value in the time we’re about to spend together. If you do. I ask you to give dial P a review on iTunes, offer up some stars on your favorite podcast platform or share this episode wherever you found it on social media, you can also forward it directly to a colleague. I am always grateful for your interest and attention, and most of all, the continuing discussion and comments that I get from everyone who listens. So thank you for being part of the dial P community. Now let’s get back to ESG investing. So we’ve talked about the fact that it’s environmental, social and governance related concerns.
Kelly Barner (05:06):
It’s actually an extension of the corporate social responsibility movement. Also known as CSR that companies ran to make their operations and supply chains more socially responsible. Now I know we’re gonna have a lot of acronyms this week, so I’ll just apologize in advance. CSR is a term that was coined in 1953 by American economist Howard Bowen. But it wasn’t really until the 1970s that the whole corporate social responsibility movement started to gain traction and visibility. So ESG takes the good intent of corporate citizenship and it adds governance, metrics, measurement, and accountability. That’s going to be incredibly important as we go through this discussion today. Understandably ESG funds have been gaining in popularity as more individual and institutional investors want to do good with their money. We want all different options to be available in the free market of ideas and the best ideas should win out.
Kelly Barner (06:14):
But there’s a series of questions that have called the actual benefits of ESG funds into question they’ve been placed at odds with expectations, let’s say traditional expectations about oversight and returns. The question is whether ESG based investment funds are able to do what they promise, or if they just prey on investors who want to be good citizens, but don’t necessarily dig into the details. Is it possible to create a fund with a social agenda that also meets the fiduciary responsibility that fund managers have to their investors? Now, key to this is the question yes. Of politics, whose politics, whose social cause are these funds going to back? It’s a little bit like waiting into electrified waters, especially around social issues. My mainstream is your XStream and vice versa. Now some of the funds that we’re going to talk about today are involved in passive investing.
Kelly Barner (07:20):
So what passive investing means is that these institutional investors come in and they hold the shares for a long time. This also gives them a long time to influence how these companies run and the decisions that they make is what they ask of those companies and their boards of directors over that length of time in the best interests of employees and shareholders. That is an open question. ESG scores, that’s sort of a rating that each company gets that determines perhaps whether they’re part of an index or a fund that has an ESG related mission. They’re assigned by companies like Bloomberg S and P down Jones, just capital MSCI and Refinitiv. And what is included in those scores varies a little bit by company, but they really come down to trying to capture ESG risks and how well the company is managing them. So it might include things like worker safety, company, energy efficiency, and board diversity.
Kelly Barner (08:25):
And they’re called out as separate because those are not included in traditional financial analysis. Now there are upsides to ESG investing people that believe in them, talk about the fact that it makes a portfolio more resilient in multiple ways. They point to better long term risk adjusted returns. And those are wonderful things. But here at dial P we specialize in complexity, even when it comes to the, the environment and social acceptance, there is no singing kumbaya on this podcast. And that brings us to the controversy. In the one corner, we have fiduciary duty to investors and shareholders. In the other corner we have cause driven investing. The question is whether those two can coexist and also achieve their stated goals, questions, especially in the environmental sphere might come up around greenwashing. So are these companies actually sustainable or do they just manage to use the rating system to look sustainable on paper, Aaron Y an assistant professor of accounting and information at Northwestern university’s Kellogg school of management was recently quoted in a wall street journal article talking about the relevance between an ESG program and what the company does.
Kelly Barner (09:54):
So for instance, he brought up the connection between a product or service that a company provides and how they make the case that they’re investing in ESG. You might have a chemical company that reduces waste water or energy consumption. You might have a professional services firm that deliberately tries to create opportunities to promote from within, across the spectrum of the population. The question is whether doing these things advances the company’s mission and increases their value proposition, or whether it ends up diverting company resources to unrelated activism, just to please the general public of all the funds that invest in ESG. BlackRock is the best known. They’re one of those examples of passive investment. So they get the shares of a company and they hold them for a much longer period of time, certainly than you would associate with something like day trading. So once BlackRock invests in a company for its ESG fund, they’re around for a while.
Kelly Barner (11:06):
And in that article that I mentioned about the investing backlash in the wall street journal, they say that BlackRock is a leader in impressing ESG standards on the corporations it invests in. So that is definitely an example of activism. They may require that the leadership team or that the board of directors consider other requirements like net zero emissions requirements, right? This means, and as I had said, everyone’s politics are a little bit different. They clearly have a political and social agenda of their own, that they are working to advance through these funds. Now today, most ESG terms for most companies are voluntary, but at some point, if they become regulated, that’s going to completely change the playing field. Now, I mentioned that open letter from the 19 states attorney generals, they have responsibility for where the state public pension funds are invested, how they’re invested in what returns those people get.
Kelly Barner (12:14):
The question has arisen about when it’s appropriate to consider non-return based factors like ESG, more value oriented, social, environmental, longer term, bigger impact versus simply how much money did we put in and how much money are we getting back out. Now, some governments given the fact that we’re talking about state pension funds, some states are in parallel passing legislation that is related to companies pursuit of ESG status. So in that you may end up with a little bit of a conflict or a little bit of a circular error. If these interests come into conflict, BlackRock recently sent out a letter making the case that they focus solely on their fiduciary duty. And these attorney generals have taken issue with that saying that no, specifically in the ESG fund, it is not simply about fiduciary duty and maximizing returns. There are other things at play. And so it’s a question of what BlackRock has stated about the funds and the investment strategy, and what’s actually happening in practice.
Kelly Barner (13:26):
Now, let’s look at one industry specific example, you know, for this, we have to look at oil and gas. So BlackRock Vanguard and state street manage a combined 20 trillion in assets between them. They own 21% of ExxonMobil. This allows them to decide who gets onto the board of directors. And because they’re staying around for the long term, they have real leverage. This leverage takes the form of ownership. It takes the form of social clout, and they’re able to deter what happens at these companies makes me wonder at what point is this investment no longer, really passive? Now you can’t talk about something controversial without checking him with our good friend Elon Musk and yes, like many other things he has weighed in on the topic of ESG investing. So Tesla, his electric car company was recently booted from the S and P 500 ESG index while Exxon mobile, the company that BlackRock Vanguard and state stream owned 21% of collectively stayed on the list.
Kelly Barner (14:42):
Now the most simplistic view of this is how can an oil company stay while an EV car company goes naturally, Elon Musk tweeted his disapproval. And the response from the S and P actually went beyond the E of ESG to talk about the S and the G. So wonder S they cited poor board diversity and working conditions in the factories and around G for governance. They talked about how Tesla has handled some of the autopilot issues they’ve had with their cars. So it makes it very complicated, and certainly not apparent both how these scores are issued. And then also the judgment decisions around which companies get to stay and which companies go now, given the fact that Tesla’s board diversity became an issue with them dropping out of the S and P 500 ESG index. This gives us an opportunity to really focus in on this issue for a minute.
Kelly Barner (15:46):
I mentioned in my intro that NASDAQ has a new rule going into place over the next few years, that requires specific representation on the boards that will be listed on their index for trading for now. Companies just have to report on diversity. They have to fill out standard paperwork saying what their current diversity is. The intent over time is that they’re going to have to change the makeup of the board to meet the diversity requirement or sufficiently explain why they haven’t complied. Now it does seem notable. I know we’re talking about S and P as well as NASDAQ, but we can look at Tesla in both places. Tesla doesn’t have satisfactory board diversity S and P has already delisted them from their index. So once again, there’s all of this judgment involved around who has what expectations for what kind of change on what timeline the ultimate goal of NASDAQ’s new policy is to increase representation from women, racial, ethnic minorities, and members of the LGBTQ plus community in boards of directors.
Kelly Barner (16:58):
Now, my background in coming to ESG is truthfully through procurement and supplier diversity. And I find it interesting that the NASDAQ policy leaves out two groups from their diversity requirement. They leave out veterans and they also leave out professionals with disabilities. These are two of the main groups of both traditional supplier diversity programs and also workforce diversity programs. So I found those to be an interesting exclusion in the lawsuit that I’ve mentioned. It’s currently in the fifth circuit working its way through the federal court system. And this is ongoing opening arguments were heard on August 29th, 2022, the lawsuit questions, the legality of NASDAQ’s requirement, and it claims discrimination of candidates based on race, gender identity, sexual preference, et cetera. So the idea here is in order to advance a woman potentially, or a Hispanic professional, potentially to a board of directors, you may have to pass over a white male just to go with the most stereotypical example.
Kelly Barner (18:11):
Now there’s an interesting government involvement here. The security is an exchange commission, or S E C another acronym they’re involved in this lawsuit because they signed off on NASDAQ’s policy. So although NASDAQ is a privately held company, which does allow them more leeway constitutionally to make these policies, they are federally regulated by the C. And so the fact that the sec signed off on this policy may actually bring it into conflict with the constitutionally protected, right against discrimination. Now it’s working its way through the courts, but already the constitutional implications have people suggesting that this case is probably Supreme court bound. So regardless of what ruling we get out of the fifth circuit, it’s probably not going to be over. There’s one other thing that I’d like to bring into this conversation. We’ve talked about it a little bit, but it tends to get forgotten in conversations about ESG and that’s that poor third G for governance.
Kelly Barner (19:20):
Now it’s really important because G is ultimately the difference between CSR or corporate social responsibility and today’s modern ESG movements. That G is all about accountability. So on the sustainability side, greenwash is the term for when you claim to be environmentally friendly or have a sustainable process, but you don’t actually, you’re doing some funny math. You’re maybe playing a funny PR game to make the process look more sustainable than it actually is. I’ve never come across a similarly accepted version of that term on the diversity and social issue. Side fraud seems like a strong word, but it probably isn’t far off. Now at the same time as this case is working its way through the federal courts. We can see other examples of how the S sec is getting itself involved in ESG issues. For example, the S E C has brought charges against very large investment firms like BNY Mellon and Goldman Sachs.
Kelly Barner (20:31):
These are enormous influential resource, rich companies they’ve brought charges, not necessarily of greenwashing, but they’ve taken issue with their ESG reporting compared to what’s actually happening. Goldman Sachs case is still working its way way through the legal process. But BNY paid 1.5 million to settle their case with the S E C. So these are significant issues. And all of us, whether we’re interested from the investment standpoint, or simply from a corporate ESG standpoint, need to be following these cases. So what then is the takeaway? I do believe that multiple competing options should be allowed to exist in a free market, but this only works as long as everyone is being fully transparent. If BlackRock wants to offer a fund that prioritizes ESG ratings, in addition to investor return, fine invest in that, or don’t as long as they are totally clear about that in their disclosures.
Kelly Barner (21:34):
All investors get to make that decision with their money in cases, such as with the state pension funds, where investments and returns are expected to be more straightforward. I E focused on straight profits, maybe investing in an ESG fund, isn’t the right play, also fine. They need to understand what their goal is and appropriately select funds that meets that goal. We also, as we have in so many episodes of dial P, we have to come back to this idea of government involvement in business decision making. So you have the NASDAQ making decisions about policies for companies that will be listed. You have ESG funds and investment managers, making decisions or giving very strongly worded advice about who should be on boards of directors. And then we have the government potentially signing off on these policies or even charging companies who’s reporting they’re not comfortable with.
Kelly Barner (22:33):
And that comes from the S E C. So it stays complex. This is a question of does the right hand know what the left hand is doing and can all of us see both hands? My thought is that a potential solution comes to the difference between active and passive and direct and indirect. So for instance, don’t allow a distant fund manager to decide where you put your money. If you are a company and you wanna invest in ESG, find your own cause and invest in it directly, as opposed to allowing an institutional fund to get involved in a mix of different causes. For instance, there was an article in Forbes that I thought was insightful by George Al Strobel. The second he’s a partner and co-founder as well as the co CEO of Monarch private capital. And it was called how corporate boards can avoid ESG investing pitfalls.
Kelly Barner (23:33):
He advocates for title controls. So pick your own direct cause hold them accountable and hold yourself up accountable. Be transparent through the process. I also go back to the point from Aaron Y at Northwestern, make sure your ESG investments are relevant to your value proposition as a company. If you’re a manufacturer, look at your energy consumption, look at your CO2 emissions. If you’re in professional services, invest in hiring and training to foster diversity, we all tend to get in trouble when we have to make judgment calls. Now this is a big kid game. We can’t avoid all judgment calls, and sometimes they’re going to be tough. We need to take steps to mitigate the impact of potentially making a bad call and transparency and oversight. That’s that G and ESG. It’s not the part that we usually talk about, but it’s probably the part that’s going to keep us on the straight and narrow.
Kelly Barner (24:36):
The reality is adding more constraints to any decision, whether investing, choosing a supplier to work with absolutely anything is going to change the ROI. That’s not necessarily bad, but you need to be clear about what that impact is. If you know, your ROI has to be in dollars rather than social or environmental impact or vice versa, own that, be clear about it and invest accordingly. Now that’s my point of view, but I always advocate for you to not just listen to these episodes, join the conversation and let me know what you think. How do you feel about ESG investing or how is ESG working out within your company? If you found this episode of dial P on LinkedIn or Facebook or Twitter, shoot back a comment I can assure you I’m watching. And I listen to no voice more clearly than that of my listeners. We all need to be part of this conversation to figure out what the best solution is. There are so many perspectives to bring into important issues like this, and just like the free market. The free market of equal exchange of ideas is truthfully what we need to get through challenging situations like this one until next time. I’m Kelly Barner, your host of dial P on behalf of the whole supply chain. Now team, thank you as always for listening and have a great rest of your day.
Intro/Outro (26:11):
Thank you for joining us for this episode of dial P four procurement and for being an active part of the supply chain now community, please check out all of our shows and events@supplychainnow.com. Make sure you follow dial P four procurement on LinkedIn, Twitter, and Facebook to catch all the latest programming details. We’ll see you soon for the next episode of dial P for procurement.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Host, Logistics with Purpose
Adrian Purtill serves as Business Development Manager at Vector Global Logistics, where he consults with importers and exporters in various industries to match their specific shipping requirements with the most effective supply chain solutions. Vector Global Logistics is an asset-free, multi-modal logistics company that provides exceptional sea freight, air freight, truck, rail, general logistic services and consulting for our clients. Our highly trained and professional team is committed to providing creative and effective solutions, always exceeding our customer’s expectations and fostering long-term relationships. With more than 20+ years of experience in both strategy consulting and logistics, Vector Global Logistics is your best choice to proactively minimize costs while having an exceptional service level.
Host, Supply Chain Now
The founder of Logistics Executive Group, Kim Winter delivers 40 years of executive leadership experience spanning Executive Search & Recruitment, Leadership Development, Executive Coaching, Corporate Advisory, Motivational Speaking, Trade Facilitation and across the Supply Chain, Logistics, 3PL, E-commerce, Life Science, Cold Chain, FMCG, Retail, Maritime, Defence, Aviation, Resources, and Industrial sectors. Operating from the company’s global offices, he is a regular contributor of thought leadership to industry and media, is a professional Master of Ceremonies, and is frequently invited to chair international events.
He is a Board member of over a dozen companies throughout APAC, India, and the Middle East, a New Zealand citizen, he holds formal resident status in Australia and the UAE, and is the Australia & New Zealand representative for the UAE Government-owned Jebel Ali Free Zone (JAFZA), the Middle East’s largest Economic Free Zone.
A triathlete and ex-professional rugby player, Kim is a qualified (IECL Sydney) executive coach and the Founder / Chairman of the successful not for profit humanitarian organization, Oasis Africa (www. oasisafrica.org.au), which has provided freedom from poverty through education to over 8000 mainly orphaned children in East Africa’s slums. Kim holds an MBA and BA from Massey & Victoria Universities (NZ).
Host, Logistics with Purpose
Kevin Brown is the Director of Business Development for Vector Global Logistics. He has a dedicated interest in Major Account Management, Enterprise Sales, and Corporate Leadership. He offers 25 years of exceptional experience and superior performance in the sales of Logistics, Supply Chain, and Transportation Management. Kevin is a dynamic, high-impact, sales executive and corporate leader who has consistently exceeded corporate goals. He effectively coordinates multiple resources to solution sell large complex opportunities while focusing on corporate level contacts across the enterprise. His specialties include targeting and securing key accounts by analyzing customer’s current business processes and developing solutions to meet their corporate goals. Connect with Kevin on LinkedIn.
Host, Logistics with Purpose
Jose Manuel Irarrazaval es parte del equipo de Vector Global Logistics Chile. José Manuel es un gerente experimentado con experiencia en finanzas corporativas, fusiones y adquisiciones, financiamiento y reestructuración, inversión directa y financiera, tanto en Chile como en el exterior. José Manuel tiene su MBA de la Universidad de Pennsylvania- The Wharton School. Conéctese con Jose Manuel en LinkedIn.
Host, Logistics with Purpose
Nick Roemer has had a very diverse and extensive career within design and sales over the last 15 years stretching from China, Dubai, Germany, Holland, UK, and the USA. In the last 5 years, Nick has developed a hawk's eye for sustainable tech and the human-centric marketing and sales procedures that come with it. With his far-reaching and strong network within the logistics industry, Nick has been able to open new avenues and routes to market within major industries in the USA and the UAE. Nick lives by the ethos, “Give more than you take." His professional mission is to make the logistics industry leaner, cleaner and greener.
Host
Allison Krache Giddens has been with Win-Tech, a veteran-owned small business and aerospace precision machine shop, for 15 years, recently buying the company from her mentor and Win-Tech’s Founder, Dennis Winslow. She and her business partner, John Hudson now serve as Co-Presidents, leading the 33-year old company through the pandemic.
She holds undergraduate degrees in psychology and criminal justice from the University of Georgia, a Masters in Conflict Management from Kennesaw State University, a Masters in Manufacturing from Georgia Institute of Technology, and a Certificate of Finance from the University of Georgia. She also holds certificates in Google Analytics, event planning, and Cybersecurity Risk Management from Harvard online. Allison founded the Georgia Chapter of Women in Manufacturing and currently serves as Treasurer. She serves on the Chattahoochee Technical College Foundation Board as its Secretary, the liveSAFE Resources Board of Directors as Resource Development Co-Chair, and on the Leadership Cobb Alumni Association Board as Membership Chair and is also a member of Cobb Executive Women. She is on the Board for the Cobb Chamber of Commerce’s Northwest Area Councils. Allison runs The Dave Krache Foundation, a non-profit that helps pay sports fees for local kids in need.
Host
Billy Taylor is a Proven Business Excellence Practitioner and Leadership Guru with over 25 years leading operations for a Fortune 500 company, Goodyear. He is also the CEO of LinkedXL (Excellence), a Business Operating Systems Architecting Firm dedicated to implementing sustainable operating systems that drive sustainable results. Taylor’s achievements in the industry have made him a Next Generational Lean pacesetter with significant contributions.
An American business executive, Taylor has made a name for himself as an innovative and energetic industry professional with an indispensable passion for his craft of operational excellence. His journey started many years ago and has worked with renowned corporations such as The Goodyear Tire & Rubber Co. (GT) leading multi-site operations. With over 3 decades of service leading North America operations, he is experienced in a deeply rooted process driven approach in customer service, process integrity for sustainability.
A disciple of continuous improvement, Taylor’s love for people inspires commitment to helping others achieve their full potential. He is a dynamic speaker and hosts "The Winning Link," a popular podcast centered on business and leadership excellence with the #1 rated Supply Chain Now Network. As a leadership guru, Taylor has earned several invitations to universities, international conferences, global publications, and the U.S. Army to demonstrate how to achieve and sustain effective results through cultural acceptance and employee ownership. Leveraging the wisdom of his business acumen, strong influence as a speaker and podcaster Taylor is set to release "The Winning Link" book under McGraw Hill publishing in 2022. The book is a how-to manual to help readers understand the management of business interactions while teaching them how to Deine, Align, and Execute Winning in Business.
A servant leader, Taylor, was named by The National Diversity Council as one of the Top 100 Diversity Officers in the country in 2021. He features among Oklahoma's Most Admired CEOs and maintains key leadership roles with the Executive Advisory Board for The Shingo Institute "The Nobel Prize of Operations" and The Association of Manufacturing Excellence (AME); two world-leading organizations for operational excellence, business development, and cultural learning. He is also an Independent Director for the M-D Building Products Board, a proud American manufacturer of quality products since 1920.
Host
Tandreia Bellamy retired as the Vice President of Industrial Engineering for UPS Supply Chain Solutions which included the Global Logistics, Global Freight Forwarding and UPS Freight business units. She was responsible for operations strategy and planning, asset management, forecasting, and technology tool development to optimize sustainable efficiency while driving world class service.
Tandreia held similar positions at the business unit level for Global Logistics and Global Freight forwarding. As the leader of the Global Logistics engineering function, she directed all industrial engineering activies related to distribution, service parts logistics (post-sales support), and mail innovations (low cost, light weight shipping partnership with the USPS). Between these roles Tandreia helped to establish the Advanced Technology Group which was formed to research and develop cutting edge solutions focused on reducing reliance on manual labor.
Tandreia began her career in 1986 as a part-time hourly manual package handling employee. She spent the great majority of her career in the small package business unit which is responsible for the pick-up, sort, transport and delivery of packages domestically. She held various positions in Industrial Engineering, Marketing, Inside and On-road operations in Central Florida before transferring to Atlanta for a position in Corporate Product Development and Corporate Industrial Engineering. Tandreia later held IE leadership roles in Nebraska, Minnesota and Chicago. In her final role in small package she was an IE VP responsible for all aspects of IE, technology support and quality for the 25 states on the western half of the country.
Tandreia is currently a Director for the University of Central Florida (UCF) Foundation Board and also serves on their Dean’s Advisory Board for the College of Engineering and Computer Science. Previously Tandreia served on the Executive Advisory Board for Virginia Tech’s IE Department and the Association for Supply Chain Management. She served on the Board of Trustees for ChildServ (a Chicago child and family services non-profit) and also served on the Texas A&M and Tuskegee Engineering Advisory Boards. In 2006 she was named Business Advisor of the Year by INROADS, in 2009 she was recognized as a Technology All-Star at the Women of Color in STEM conference and in 2019 she honored as a UCF Distinguished Aluma by the Department of Industrial Engineering and Management Systems.
Tandreia holds a bachelor’s degree in Industrial Engineering from Stanford University and a master’s degree in Industrial Engineering and Management Systems from UCF. Her greatest accomplishment, however, is being the proud mother of two college students, Ruby (24) and Anthony (22).
Host
Marty Parker serves as both the CEO & Founder of Adæpt Advising and an award-winning Senior Lecturer (Teaching Professor) in Supply Chain and Operations Management at the University of Georgia. He has 30 years of experience as a COO, CMO, CSO (Chief Strategy Officer), VP of Operations, VP of Marketing and Process Engineer. He founded and leads UGA’s Supply Chain Advisory Board, serves as the Academic Director of UGA’s Leaders Academy, and serves on multiple company advisory boards including the Trucking Profitability Strategies Conference, Zion Solutions Group and Carlton Creative Company.
Marty enjoys helping people and companies be successful. Through UGA, Marty is passionate about his students, helping them network and find internships and jobs. He does this through several hundred one-on-one zoom meetings each year with his students and former students. Through Adæpt Advising, Marty has organized an excellent team of affiliates that he works with to help companies grow and succeed. He does this by helping c-suite executives improve their skills, develop better leaders, engage their workforce, improve processes, and develop strategic plans with detailed action steps and financial targets. Marty believes that excellence in supply chain management comes from the understanding the intersection of leadership, culture, and technology, working across all parts of the organization to meet customer needs, maximize profit and minimize costs.
Marketing Coordinator
Laura Lopez serves as our Supply Chain Now Marketing Coordinator. She graduated from Instituto Tecnológico y de Estudios Superiores de Occidente in Mexico with a degree in marketing. Laura loves everything digital because she sees the potential it holds for companies in the marketing industry. Her passion for creativity and thinking outside the box led her to pursue a career in marketing. With experience in fields like accounting, digital marketing, and restaurants, she clearly enjoys taking on challenges. Laura lives the best of both worlds - you'll either catch her hanging out with her friends soaking up the sun in Mexico or flying out to visit her family in California!
Host
An acknowledged industry leader, Jake Barr now serves as CEO for BlueWorld Supply Chain Consulting, providing support to a cross section of Fortune 500 companies such as Cargill, Caterpillar, Colgate, Dow/Dupont, Firmenich, 3M, Merck, Bayer/Monsanto, Newell Brands, Kimberly Clark, Nestle, PepsiCo, Pfizer, Sanofi, Estee Lauder and Coty among others. He's also devoted time to engagements in public health sector work with the Bill & Melinda Gates Foundation. At P&G, he managed the breakthrough delivery of an E2E (End to End) Planning Transformation effort, creating control towers which now manage the daily business globally. He is recognized as the architect for P&G’s demand driven supply chain strategy – referenced as a “Consumer Driven Supply Chain” transformation. Jake began his career with P&G in Finance in Risk Analysis and then moved into Operations. He has experience in building supply network capability globally through leadership assignments in Asia, Latin America, North America and the Middle East. He currently serves as a Research Associate for MIT; a member of Supply Chain Industry Advisory Council; Member of Gartner’s Supply Chain Think Tank; Consumer Goods “League of Leaders“; and a recipient of the 2015 - 2021 Supply Chain “Pro’s to Know” Award. He has been recognized as a University of Kentucky Fellow.
Host
Marcia Williams, Managing Partner of USM Supply Chain, has 18 years of experience in Supply Chain, with expertise in optimizing Supply Chain-Finance Planning (S&OP/ IBP) at Large Fast-Growing CPGs for greater profitability and improved cash flows. Marcia has helped mid-sized and large companies including Lindt Chocolates, Hershey, and Coty. She holds an MBA from Michigan State University and a degree in Accounting from Universidad de la Republica, Uruguay (South America). Marcia is also a Forbes Council Contributor based out of New York, and author of the book series Supply Chains with Maria in storytelling style. A recent speaker’s engagement is Marcia TEDx Talk: TEDxMSU - How Supply Chain Impacts You: A Transformational Journey.
Host, Logistics with Purpose
Luisa Garcia is a passionate Marketer from Lagos de Moreno based in Aguascalientes. She holds a Bachelor’s Degree in Marketing from Universidad Autonoma de Aguascalientes, Mexico. She specializes in brand development at any stage, believing that a brand is more than just a name or image—it’s an unforgettable experience. Her expertise helps brands achieve their dreams and aspirations, making a lasting impact. Currently working at Vector Global Logistics in the Marketing team and as podcast coordinator of Logistics With Purpose®. Luisa believes that purpose-driven decisions will impact results that make a difference in the world.
Host, Logistics with Purpose
Astrid Aubert was born in Guadalajara, she is 39 years old and has had the opportunity to live in many places. She studied communication and her professional career has been in Trade Marketing for global companies such as Pepsico and Mars. She currently works as Marketing Director Mexico for Vector Global Logistics. She is responsible for internal communications and marketing strategy development for the logistics industry. She is a mother of two girls, married and lives in Monterrey. She defines herself as a creative and innovative person, and enjoys traveling and cooking a lot.
Host, Supply Chain Now en Espanol
Sofia self-identifies as Supply Chain Ambassador, her mission is to advocate for the field and inspire young generations from diverse backgrounds and cultures to join the industry so that thought diversity is increased and change accelerated. Recognized as Linkedin Top Voice and Linkedin Community Top Voice in Supply Chain Management, as well as Emerging Leader in Supply Chain by CSCMP 2024, Top Women in Supply Chain by Supply & Demand Executive 2023, and Coup de Coeur Global Women Leaders in Supply Chain by B2G Consulting in 2021.
Public speaker at multiple international events from keynotes and panels, to webinars and guest lectures for bachelor's and master's degrees, discussing topics such as sustainability, women in the industry, technology and innovation. Writer at different online magazines on logistics, supply chain and technology. Podcast host and guest on different recognized programs in the industry. Sofia has more than 5 years of experience from academic research and field studies to warehouse operations, demand planning and network design. She has worked in manufacturing, airport operations, e-commerce retail, and technology hardware across Latin America, North America and Europe.
Currently working as Supply Chain Network Design and Optimization Manager at HP within their Global Supply Chain and Logistics team.
Host
Karin Bursa is the 2020 Supply Chain Pro to Know of the Year and the Host of the TEKTOK Digital Supply Chain Podcast powered by Supply Chain Now. With more than 25 years of supply chain and technology expertise (and the scars to prove it), Karin has the heart of a teacher and has helped nearly 1,000 customers transform their businesses and share their success stories. Today, she helps B2B technology companies introduce new products, capture customer success and grow global revenue, market share and profitability. In addition to her recognition as the 2020 Supply Chain Pro to Know of the Year, Karin has also been recognized as a 2019 and 2018 Supply Chain Pro to Know, 2009 Technology Marketing Executive of the Year and a 2008 Women in Technology Finalist.
Host
Vin Vashishta is the author of ‘From Data To Profit’ (Wiley 2023). It’s the playbook for monetizing data and AI. Vin is the Founder of V-Squared and built the business from client 1 to one of the world’s oldest data and AI consulting firms. His background combines nearly 30 years in strategy, leadership, software engineering, and applied machine learning.
Administrative Assistant
Trisha is new to the supply chain industry – but not to podcasting. She’s an experienced podcast manager and virtual assistant who also happens to have 20 years of experience as an elementary school teacher. It’s safe to say, she’s passionate about helping people, and she lives out that passion every day with the Supply Chain Now team, contributing to scheduling and podcast production.
Founder, CEO, & Host
As the founder and CEO of Supply Chain Now, you might say Scott is the voice of supply chain – but he’s too much of a team player to ever claim such a title. One thing’s for sure: he’s a tried and true supply chain expert. With over 15 years of experience in the end-to-end supply chain, Scott’s insights have appeared in major publications including The Wall Street Journal, USA Today, and CNN. He has also been named a top industry influencer by Thinkers360, ISCEA and more.
From 2009-2011, Scott was president of APICS Atlanta, and he continues to lead initiatives that support both the local business community and global industry. A United States Air Force Veteran, Scott has also regularly led efforts to give back to his fellow veteran community since his departure from active duty in 2002.
Principal & Host
When rapid-growth technology companies, venture capital and private equity firms are looking for advisory, they call Greg – a founder, board director, advisor and catalyst of disruptive B2B technology and supply chain. An insightful visionary, Greg guides founders, investors and leadership teams in creating breakthroughs to gain market exposure and momentum – increasing overall company esteem and valuation.
Greg is a founder himself, creating Blue Ridge Solutions, a Gartner Magic Quadrant Leader in cloud-native supply chain applications, and bringing to market Curo, a field service management solution. He has also held leadership roles with Servigistics (PTC) and E3 Corporation (JDA/Blue Yonder). As a principal and host at Supply Chain Now, Greg helps guide the company’s strategic direction, hosts industry leader discussions, community livestreams, and all in addition to executive producing and hosting his original YouTube channel and podcast, TEChquila Sunrise.
Principal, Supply Chain Now
Host of Supply Chain is Boring
Talk about world-class: Chris is one of the few professionals in the world to hold CPIM-F, CLTD-F and CSCP-F designations from ASCM/APICS. He’s also the APICS coach – and our resident Supply Chain Doctor. When he’s not hosting programs with Supply Chain Now, he’s sharing supply chain knowledge on the APICS Coach Youtube channel or serving as a professional education instructor for the Georgia Tech Supply Chain & Logistic Institute’s Supply Chain Management (SCM) program and University of Tennessee-Chattanooga Center for Professional Education courses.
Chris earned a BS in Industrial Engineering from Bradley University, an MBA with emphasis in Industrial Psychology from the University of West Florida, and is a Doctoral in Supply Chain Management candidate.
Director of Sales
Tyler Ward serves as Supply Chain Now's Director of Sales. Born and raised in Mid-Atlantic, Tyler is a proud graduate of Shippensburg University where he earned his degree in Communications. After college, he made his way to the beautiful state of Oregon, where he now lives with his wife and daughter.
With over a decade of experience in sales, Tyler has a proven track record of exceeding targets and leading high-performing teams. He credits his success to his ability to communicate effectively with customers and team members alike, as well as his strategic thinking and problem-solving skills.
When he's not closing deals, you can find Tyler on the links or cheering on his favorite football and basketball teams. He also enjoys spending time with his family, playing pick-up basketball, and traveling back to Ocean City, Maryland, his favorite place!
Host of Digital Transformers
Kevin L. Jackson is a globally recognized Thought Leader, Industry Influencer and Founder/Author of the award winning “Cloud Musings” blog. He has also been recognized as a “Top 5G Influencer” (Onalytica 2019, Radar 2020), a “Top 50 Global Digital Transformation Thought Leader” (Thinkers 360 2019) and provides strategic consulting and integrated social media services to AT&T, Intel, Broadcom, Ericsson and other leading companies. Mr. Jackson’s commercial experience includes Vice President J.P. Morgan Chase, Worldwide Sales Executive for IBM and SAIC (Engility) Director Cloud Solutions. He has served on teams that have supported digital transformation projects for the North Atlantic Treaty Organization (NATO) and the US Intelligence Community. Kevin’s formal education includes a MS Computer Engineering from Naval Postgraduate School; MA National Security & Strategic Studies from Naval War College; and a BS Aerospace Engineering from the United States Naval Academy. Internationally recognizable firms that have sponsored articles authored by him include Cisco, Microsoft, Citrix and IBM. Books include “Click to Transform” (Leaders Press, 2020), “Architecting Cloud Computing Solutions” (Packt, 2018), and “Practical Cloud Security: A Cross Industry View” (Taylor & Francis, 2016). He also delivers online training through Tulane University, O’Reilly Media, LinkedIn Learning, and Pluralsight. Mr. Jackson retired from the U.S. Navy in 1994, earning specialties in Space Systems Engineering, Carrier Onboard Delivery Logistics and carrier-based Airborne Early Warning and Control. While active, he also served with the National Reconnaissance Office, Operational Support Office, providing tactical support to Navy and Marine Corps forces worldwide.
Host of Logistics with Purpose and Supply Chain Now en Español
Enrique serves as Managing Director at Vector Global Logistics and believes we all have a personal responsibility to change the world. He is hard working, relationship minded and pro-active. Enrique trusts that the key to logistics is having a good and responsible team that truly partners with the clients and does whatever is necessary to see them succeed. He is a proud sponsor of Vector’s unique results-based work environment and before venturing into logistics he worked for the Boston Consulting Group (BCG). During his time at BCG, he worked in different industries such as Telecommunications, Energy, Industrial Goods, Building Materials, and Private Banking. His main focus was always on the operations, sales, and supply chain processes, with case focus on, logistics, growth strategy, and cost reduction. Prior to joining BCG, Enrique worked for Grupo Vitro, a Mexican glass manufacturer, for five years holding different positions from sales and logistics manager to supply chain project leader in charge of five warehouses in Colombia.
He has an MBA from The Wharton School of Business and a BS, in Mechanical Engineer from the Technologico de Monterrey in Mexico. Enrique’s passions are soccer and the ocean, and he also enjoys traveling, getting to know new people, and spending time with his wife and two kids, Emma and Enrique.
Host of Dial P for Procurement
Kelly is the Owner and Managing Director of Buyers Meeting Point and MyPurchasingCenter. She has been in procurement since 2003, starting as a practitioner and then as the Associate Director of Consulting at Emptoris. She has covered procurement news, events, publications, solutions, trends, and relevant economics at Buyers Meeting Point since 2009. Kelly is also the General Manager at Art of Procurement and Business Survey Chair for the ISM-New York Report on Business. Kelly has her MBA from Babson College as well as an MS in Library and Information Science from Simmons College and she has co-authored three books: ‘Supply Market Intelligence for Procurement Professionals’, ‘Procurement at a Crossroads’, and ‘Finance Unleashed’.
Host, Veteran Voices
Mary Kate Soliva is a veteran of the US Army and cofounder of the Guam Human Rights Initiative. She is currently in the Doctor of Criminal Justice program at Saint Leo University. She is passionate about combating human trafficking and has spent the last decade conducting training for military personnel and the local community.
Host
Constantine Limberakis is a thought leader in the area of procurement and supply management. He has over 20 years of international experience, playing strategic roles in a wide spectrum of organizations related to analyst advisory, consulting, product marketing, product development, and market research.
Throughout his career, he's been passionate about engaging global business leaders and the broader analyst and technology community with strategic content, speaking engagements, podcasts, research, webinars, and industry articles.
Constantine holds a BA in History from the University of Illinois at Urbana-Champaign, and an MBA in Finance & Marketing / Masters in Public & International Affairs from the University of Pittsburgh.
Vice President, Production
Amanda is a production and marketing veteran and entrepreneur with over 20 years of experience across a variety of industries and organizations including Von Maur, Anthropologie, AmericasMart Atlanta, and Children’s Healthcare of Atlanta. Amanda currently manages, produces, and develops modern digital content for Supply Chain Now and their clients. Amanda has previously served as the VP of Information Systems and Webmaster on the Board of Directors for APICS Savannah, and founded and managed her own successful digital marketing firm, Magnolia Marketing Group. When she’s not leading the Supply Chain Now production team, you can find Amanda in the kitchen, reading, listening to podcasts, or enjoying time with family.
Business Development Manager
Clay is passionate about two things: supply chain and the marketing that goes into it. Recently graduated with a degree in marketing at the University of Georgia, Clay got his start as a journalism major and inaugural member of the Owl’s football team at Kennesaw State University – but quickly saw tremendous opportunity in the Terry College of Business. He’s already putting his education to great use at Supply Chain Now, assisting with everything from sales and brand strategy to media production. Clay has contributed to initiatives such as our leap into video production, the guest blog series, and boosting social media presence, and after nearly two years in Supply Chain Now’s Marketing Department, Clay now heads up partnership and sales initiatives with the help of the rest of the Supply Chain Now sales team.
Social Media Manager
My name is Chantel King and I am the Social Media Specialist at Supply Chain Now. My job is to make sure our audience is engaged and educated on the abundant amount of information the supply chain industry has to offer.
Social Media and Communications has been my niche ever since I graduated from college at The Academy of Art University in San Francisco. No, I am not a West Coast girl. I was born and raised in New Jersey, but my travel experience goes way beyond the garden state. My true passion is in creating editorial and graphic content that influences others to be great in whatever industry they are in. I’ve done this by working with lifestyle, financial, and editorial companies by providing resources to enhance their businesses.
Another passion of mine is trying new things. Whether it’s food, an activity, or a sport. I would like to say that I am an adventurous Taurus that never shies away from a new quest or challenge.
Marketing Coordinator
Lori is currently completing a degree in marketing with an emphasis in digital marketing at the University of Georgia. When she’s not supporting the marketing efforts at Supply Chain Now, you can find her at music festivals – or working toward her dream goal of a fashion career. Lori is involved in many extracurricular activities and appreciates all the learning experiences UGA has brought her.
Director, Customer Experience
Katherine is a marketing professional and MBA candidate who strives to unite her love of people with a passion for positive experiences. Having a diverse background, which includes nonprofit work with digital marketing and start-ups, she serves as a leader who helps people live their most creative lives by cultivating community, order, collaboration, and respect. With equal parts creativity and analytics, she brings a unique skill set which fosters refining, problem solving, and connecting organizations with their true vision. In her free time, you can usually find her looking for her cup of coffee, playing with her puppy Charlie, and dreaming of her next road trip.
Chief of Staff & Host
Mary Kate Love is currently the VP of marketing at Supply Chain Now focused on brand strategy and audience + revenue growth. Mary Kate’s career is a testament to her versatility and innovative spirit: she has experience in start-ups, venture capital, and building innovation initiatives from the ground up: she previously helped lead the build-out of the Supply Chain Innovation Center at Georgia-Pacific and before that, MxD (Manufacturing times Digital): the Department of Defense’s digital manufacturing innovation center. Mary Kate has a passion for taking complicated ideas and turning them into reality: she was one of the first team members at MxD and the first team member at the Supply Chain Innovation Center at Georgia-Pacific.
Mary Kate dedicates her extra time to education and mentorship: she was one of the founding Board Members for Women Influence Chicago and led an initiative for a city-wide job shadow day for young women across Chicago tech companies and was previously on the Board of Directors at St. Laurence High School in Chicago, Young Irish Fellowship Board and the UN Committee for Women. Mary Kate is the founder of National Supply Chain Day and enjoys co-hosting podcasts at Supply Chain Now. Mary Kate is from the south side of Chicago, a mom of two baby boys, and an avid 16-inch softball player. She holds a BS in Political Science from the University of Illinois at Urbana-Champaign.
Marketing Specialist
Joshua is a student from Institute of Technology and Higher Education of Monterrey Campus Guadalajara in Communication and Digital Media. His experience ranges from Plug and Play México, DearDoc, and Nissan México creating unique social media marketing campaigns and graphics design. Joshua helps to amplify the voice of supply chain here at Supply Chain Now by assisting in graphic design, content creation, asset logistics, and more. In his free time he likes to read and write short stories as well as watch movies and television series.
Director of Communications and Executive Producer
Donna Krache is a former CNN executive producer who has won several awards in journalism and communication, including three Peabodys. She has 30 years’ experience in broadcast and digital journalism. She led the first production team at CNN to convert its show to a digital platform. She has authored many articles for CNN and other media outlets. She taught digital journalism at Georgia State University and Arizona State University. Krache holds a bachelor’s degree in government from the College of William and Mary and a master’s degree in curriculum and instruction from the University of New Orleans. She is a serious sports fan who loves the Braves. She is president of the Dave Krache Foundation. Named in honor of her late husband, this non-profit pays fees for kids who want to play sports but whose parents are facing economic challenges.
Controller
Vicki has a long history of rising to challenges and keeping things up and running. First, she supported her family’s multi-million dollar business as controller for 12 years, beginning at the age of 17. Then, she worked as an office manager and controller for a wholesale food broker. But her biggest feat? Serving as the chief executive officer of her household, while her entrepreneur husband travelled the world extensively. She fed, nurtured, chaperoned, and chauffeured three daughters all while running a newsletter publishing business and remaining active in her community as a Stephen’s Minister, Sunday school teacher, school volunteer, licensed realtor and POA Board president (a title she holds to this day). A force to be reckoned with in the office, you might think twice before you meet Vicki on the tennis court! When she’s not keeping the books balanced at Supply Chain Now or playing tennis matches, you can find Vicki spending time with her husband Greg, her 4 fur babies, gardening, cleaning (yes, she loves to clean!) and learning new things.
Creative Director, Producer, Host
Katherine Hintz, MBA is a marketing professional who strives to unite her love of people with a passion for positive experiences. Having a diverse background, which includes nonprofit work with digital marketing and start-ups, she serves as a leader who helps people live their most creative lives by cultivating community, order, collaboration, and respect. With equal parts creativity and analytics, she brings a unique skill set which fosters refining, problem solving, and connecting organizations with their true vision. In her free time, you can usually find her looking for her cup of coffee, playing with her puppy Charlie, and dreaming of her next road trip.
Host
From humble beginnings working the import docks, representing Fortune 500 giants, Ford, Michelin Tire, and Black & Decker; to Amazon technology patent holder and Nordstrom Change Leader, Kimberly Reuter has designed, implemented, and optimized best-in-class, highly scalable global logistics and retail operations all over the world. Kimberly’s ability to set strategic vision supported by bomb-proof processes, built on decades of hands-on experience, has elevated her to legendary status. Sought after by her peers and executives for her intellectual capital and keen insights, Kimberly is a thought leader in the retail logistics industry.
Host, Logistics with Purpose
Kristi Porter is VP of Sales and Marketing at Vector Global Logistics, a company that is changing the world through supply chain. In her role, she oversees all marketing efforts and supports the sales team in doing what they do best. In addition to this role, she is the Chief Do-Gooder at Signify, which assists nonprofits and social impact companies through copywriting and marketing strategy consulting. She has almost 20 years of professional experience, and loves every opportunity to help people do more good.
Host, Supply Chain Now en Espanol
Sofia Rivas Herrera is a Mexican Industrial Engineer from Tecnologico de Monterrey class 2019. Upon graduation, she earned a scholarship to study MIT’s Graduate Certificate in Logistics and Supply Chain Management and graduated as one of the Top 3 performers of her class in 2020. She also has a multicultural background due to her international academic experiences at Singapore Management University and Kühne Logistics University in Hamburg. Sofia self-identifies as a Supply Chain enthusiast & ambassador sharing her passion for the field in her daily life.
Host, Supply Chain Now en Espanol
Demo Perez started his career in 1997 in the industry by chance when a relative asked him for help for two just weeks putting together an operation for FedEx Express at the Colon Free Zone, an area where he was never been but accepted the challenge. Worked in all roles possible from a truck driver to currier to a sales representative, helped the brand introduction, market share growth and recognition in the Colon Free Zone, at the end of 1999 had the chance to meet and have a chat with Fred Smith ( FedEx CEO), joined another company in 2018 who took over the FedEx operations as Operations and sales manager, in 2004 accepted the challenge from his company to leave the FedEx operations and business to take over the operation and business of DHL Express, his major competitor and rival so couldn’t say no, by changing completely its operation model in the Free Zone. In 2005 started his first entrepreneurial journey by quitting his job and joining two friends to start a Freight Forwarding company. After 8 months was recruited back by his company LSP with the General Manager role with the challenge of growing the company and make it fully capable warehousing 3PL. By 2009 joined CSCMP and WERC and started his journey of learning and growing his international network and high-level learning. In 2012 for the first time joined a local association ( the Panama Maritime Chamber) and worked in the country’s first Logistics Strategy plan, joined and lead other associations ending as president of the Panama Logistics Council in 2017. By finishing his professional mission at LSP with a company that was 8 times the size it was when accepted the role as GM with so many jobs generated and several young professionals coached, having great financial results, took the decision to move forward and start his own business from scratch by the end of 2019. with a friend and colleague co-founded IPL Group a company that started as a boutique 3PL and now is gearing up for the post-Covid era by moving to the big leagues.