Procurement Magazine July 2024 | Page 26

BARBARA KUBICKI TITLE : CHIEF PROCUREMENT OFFICER
LIFETIME OF ACHIEVEMENT

Barbara holds over 25 years of experience in supply chain management and global procurement operations in the financial services industry .

Starting her career as the assistant vice president for MBNA America , she went straight to work in leading and implementing all US Oracle Purchasing applications , developing project budgets and delivering schedules . She gained vital experience in streamlining the end-to-end procurement process , and improving the overall efficiency of the transactional purchase .
It was no surprise that five years later she was promoted to Procurement Manager , where she led a 10-member procurement operations team , overseeing all functions from transactional sourcing to ordering , managing a US $ 1bn external vendor expenditure .
Barbara advanced to the role of Senior Vice President , Procurement Executive , where she led a major strategic sourcing effort across North America . This involved reviewing more than US $ 2bn in external spending and conducting over 90 category reviews . Through this initiative , she achieved annual cash flow savings of over US $ 150M within a year .
Additionally , Barbara established a centralised strategic sourcing organisation in 2004 to ensure alignment with overall business strategies across various units .
She successfully implemented Oracle Financials , including Purchasing 11i , on a global scale . Barbara oversaw the development of MBNA ’ s first web-based application , managing a team of 75 individuals through planning , budgeting , process redesign , user testing , communication , and education . This project was completed under budget and on time , resulting in savings of over US $ 60M within five years .
Speaking to Women ’ s Enterprise USA Magazine , she said : “ I firmly believe that you need to be passionate about the profession you choose because you spend a lot of time at work .”
“ When I was looking to change roles at MBNA Corp . many years ago , I started looking to see where I could leverage my skills to contribute to the success of the organisation and where I could grow professionally . I felt that if I aligned

BARBARA KUBICKI TITLE : CHIEF PROCUREMENT OFFICER

COMPANY : WELLS FARGO INDUSTRY : FINANCIAL SERVICES
LOCATION : GREATER PHILADELPHIA , US
Seasoned Executive with 25 plus years experience and proven track record in Supply Chain Management and Global Procurement Operations in financial services .
Barbara has a strong technical competency in all aspects of Procurement including strategic sourcing , category management , vendor and risk management .
26 July 2024