
Sharing expertise from working @ multiple $10B public manufacturing companies to a pre-& post IPO tech startup
Joined May 2023
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The Procurement Guy retweeted
“We’re facing the largest supply shortage of lubricating fluids in the modern history of America. Realistic, middle-of-the-road estimates are for our average available supply in this product category to drop by 40%.”
Internal AutoZone Memo
As a heavy oil expert, with 18 patents in heavy oil production technology development and optimizations, and prior experience as a senior technical SME at a supermajor U.S. oil company that Venezuela still owes money to….I wanted to correct some of the misguided takes circulating on X.
While Venezuela has the world's largest oil reserves, those figures do not translate directly into immediate production flow rates or rapid incremental increases, which demand substantial time and investment.
With the next budget season not arriving until Q3, U.S. producers are currently committed to ongoing projects and contractual obligations. Venezuela's oil faces uniquely difficult geology, low ultimate recovery rates, and severe infrastructure deficits. From my work alongside Venezuelans who actually operated projects there, many cited rampant corruption and logistical nightmares as reasons they left the country. At current oil prices, the massive capital required for meaningful production growth simply isn't justified—one leading expert and good friend, estimates it would take at least 3 years to double output, adding about 1 million bbl/d… so not by next week….Unlike Canada, Venezuela has zero SAGD projects ZERO !!; any greenfield heavy oil development there would require at least $30,000 per flowing barrel, meaning roughly $1 billion!! for every 30,000 bbl/d increment achievable in perhaps three years. They mainly produce cold production, which is cheaper I’ll admit!! But with slower flow rates and rely on diluents and polymers which are enhanced recoveries ( EOR) that require capital and supply of these chemicals and infrastructure… more money. Finally, people seem to overlook the U.S. Midwest (PADD 2), which already processes around 4 million bbl/d of crude, predominantly from Canada ( see pic specifically on 🇨🇦) Venezuela lacks the logistical or practical means to displace that supply. Hope this clarifies things for everyone and helps the understanding of this volatile situation. Thx 🫡🪒
The Procurement Guy retweeted
The Procurement Guy retweeted
Its going to be a long-cold peak season for truckers and intermodal rail, as volumes out of Los Angeles are down 29% YoY.
Volume collapse started in February.
In Q4, as LA goes, the rest of the country follows.
The Procurement Guy retweeted
60% of companies destroy themselves by outsourcing the wrong way.
Two playbooks exist: one fuels growth, the other wrecks margins.
Here’s how to pick the ONE to save your business:
The Procurement Guy retweeted
A friend of mine used to choose suppliers based on gut feel and ended up with inconsistent quality, missed deadlines, and budget overruns.
Then we built a simple one-page supplier scorecard that changed everything.
Result: Cost reduction
Here's exactly how we did it:
The Procurement Guy retweeted
Why give one supplier 100% of your business and risk 100% of the failure?
The most successful sourcing managers arent putting all their eggs in one basket. They're "load balancing" their spend across multiple suppliers to maximize resilience AND leverage.
Here's how they do it:
The Procurement Guy retweeted
With the end of de minimis on Chinese goods, individuals receiving items via the regular mail from China to the U.S. (and soon, from anywhere in the world) will likely need to go to their local post office branch to pay their duties and pick up the goods. /🧵
The Procurement Guy retweeted
Your Starbucks cup crosses 4 continents before reaching your hands.
The journey behind your morning coffee is more fascinating than most realize.
Coffee beans travel thousands of miles through intricate supply chains before reaching your cup, touching the lives of farmers, processors, shippers, roasters, and baristas along the way.
Your morning brew begins in what coffee experts call the "Bean Belt" - the equatorial region between the Tropics of Cancer and Capricorn where coffee naturally thrives.
These regions provide the ideal combination of altitude, temperature, rainfall, and soil composition that Arabica beans require to develop their complex flavors.
But climate change is reshaping this landscape dramatically:
• Rising temperatures weaken coffee plants.
• Severe droughts kill crops outright.
• Fungal diseases spread to new regions.
• Coffee leaf rust reduces yields by 50-80% (World Coffee Research).
• Entire coffee farms are being abandoned.
This isn't just Starbucks' problem - it's an existential threat to the entire industry.
Research from the Intergovernmental Panel on Climate Change suggests that by 2050, up to 50% of current coffee-growing land may become unsuitable for production.
So what's Starbucks doing about it? They're going big on solutions. They've already handed out 90 million super-coffee trees that can handle heat, weird rain patterns, and diseases. The goal is 100 million trees by 2025. Smart move considering their business depends on these beans.
What makes Starbucks fascinating is their blend of massive scale with obsessive quality control. Their largest roasting plant can process 150,000 pounds daily while still treating coffee like a craft.
Fun fact: The most expensive part of your Starbucks isn't the beans - it's the barista! Labor costs more than the coffee itself.
Behind the scenes, they've gone full tech - IoT sensors on farms, blockchain tracking from plant to cup, and AI predicting exactly how many lattes you'll order tomorrow.
This level of procurement excellence isn't just for corporate giants. At Summit Procurement, we bring these same powerful strategies to organizations of all sizes - from emerging growth companies to established enterprises, helping them:
• Cut costs by 15-30% across categories
• Build more resilient supply chains
• Transform procurement into a competitive advantage
• Implement technology solutions that drive real ROI
Our team becomes your procurement experts, bringing deep category knowledge that directly improves your bottom line.
Next time you sip that latte, remember: the same procurement expertise that powers Starbucks can transform your business too.
P.S. Dive deeper into this topic on our latest REBUILD Procurement Podcast episode featuring @Starbucks' Michael Brough! Watch here:
youtube.com/watch?v=JcW-iGdb…
The Procurement Guy retweeted
The greatest economic lesson costs just pennies.
Using a pencil... this Nobel Prize winner revealed how markets coordinate 1000s of strangers worldwide.
Here's why Milton Friedman’s "I, Pencil" lesson is more relevant today than ever (your supply chain depends on it):
The Procurement Guy retweeted
Folks get upset that those with relationships get promoted over others
It’s generally not only that. They’ve commonly delivered for the leader in some way or understand their needs better. Sometimes it’s personal.
If your goal is promotion at a big company, it’s helpful to figure that out too
The Procurement Guy retweeted
You can Improve your procurement Customer experiences, here’s how
Aim for 100% Spend Under Management but needs to be easy
A heavy hand gets extra heavy pushback, so change management
Your customer service but not a supplier
The clearer the process, the happier a stakeholder
The Procurement Guy retweeted
25% tariffs on Canada and Mexico imports,
20% on Chinese goods (up from 10%), and a
10% tariff on Canadian energy.
Auto tariffs are a major focus w/ 25% on all non-U.S.-made cars and light trucks,
100% on Chinese EVs, effective April 2, 2025.
Tariff wars: A 🧵
The Procurement Guy retweeted
Corporate espionage in HR tech?! Rippling accuses Deal of planting a mole!
Plus, the Rebuild Pod dives into the 3 most important focuses for procurement teams: transformation, strategic category management, and stakeholder experience. Tune in for part 1! #procurement #corporatespy #HRtech
The Procurement Guy retweeted
Ever wonder the background of the biggest credit card switch in history?
We go through the decision for Costcos switch from Amex to Visa


















