Student Life - Public and Private Sector Supply Chains – Two Sides of the Same Coin - Queens Campus

November 10, 2011 12:15 PM - 1:40 PM
D'Angelo Center Ballroom 416C, Queens Campus

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Presented by: Gary A. Smith, CPIM, CSCP, CPSM.

Sponsored by Student Government, Inc & The Peter J. Tobin College of Business Department of Management


Abstract

Public and private sector supply chains are much more alike than they are different.  Although they subject to different procurement rules, public sector supply chains can utilize many of the best practices developed in the private sector, and, with some modification can gain significant savings.

Mr. Smith will discuss the similarities and differences in public and private sector supply chains and discuss three specific concepts; strategic sourcing, supplier relationship management, and inventory management and how they can be used in both sectors to save money and improve supply chain efficiency.  Additionally, he will discuss supply chain’s role in developing and maintaining a diverse supply base and in an organization’s sustainability efforts.

Some of the results of this approach at the New York City Housing Authority include:

  • Reducing inventory by over 50% since 2004
  • Maintain an inventory accuracy level in excess of 99.99% and eliminating costly annual physical inventories
  • Early payment discount program that has saved over $1 million in the last two years
  • A 40% reduction in vendor delivery cycle time
  • A 231% increase in environmentally friendly products
  • Annual savings due to sustainability efforts of over $4 million

Biography

Gary A. Smith is Director of Supply Chain Operations at the New York City Housing Authority (NYCHA) and is responsible for the sourcing, procurement, warehousing and delivery of all material used in the operations and maintenance of 175,000 public housing units in New York City.  Prior to joining the Authority in 2004, he spent most of his thirty-year career in private sector supply chain management and consulting in a variety of industries.  He is CPIM and CSCP certified with APICS and has a CPSM certification through Institute of Supply Management (ISM).  Mr. Smith is active in the APICS, the Council of Supply Chain Management Professionals, and ISM, and he is currently a board member in the NYC APICS and ISM chapters. He holds a BS in Industrial Management from the Georgia Institute of Technology.

Date: Thursday, November 10th, 2011
Time: 12:15 PM - 1:40 PM
Location: D'Angelo Center Ballroom 416C, Queens Campus

More Information
Jay Nathan, Ph.D., CPM
nathanj@stjohns.edu