Introduction:
With more than two decades of experience in supply chain and operations at world-renowned companies, John Boullie recently joined Lytica as our VP of Strategic Procurement. Before joining the team, John was a Lytica customer and power user.
Background and Role at Becton Dickinson
At Becton Dickinson (BD), one of the largest global medical technology companies, John managed a $2 billion portfolio in direct materials, overseeing categories like External Manufacturing, Plastics, Photonics, Fluidics, Electro-Mechanical, and Finished Goods. He ensured product supply for patients and care providers while focusing on cost reduction, quality, and sustainable sourcing.
Procurement Challenges at Becton Dickinson
John faced several significant challenges at BD, particularly ensuring the timely supply of critical medical devices during global disruptions. The COVID-19 pandemic caused a surge in demand for products like face masks and syringes, while demand for items associated with elective surgeries plummeted. Storm Yuri further complicated matters by causing delays in the petrochemical sector, crucial for resin production. Additionally, semiconductor shortages added another layer of complexity. These types of challenges can lead to inventory and supply issues, inefficiencies, and increased costs, impacting margins and profitability.
Discovering Lytica
Lytica first approached BD through its business development team. Although initially skeptical, John decided to delve into the platform’s value proposition. He was intrigued by Lytica providing electronic component spend analytics using real customer data instead of outdated pricing sheets. The access to a digital twin of the market, offering true transparency in pricing and risk, was incredibly compelling. Secondly, Lytica’s ‘Spend Benchmarking’ solution, providing unbiased insights based on that real customer data rather than guesswork, really caught his eye. These features significantly aided John’s team in identifying substantial savings targets and refining their procurement strategies.
Experience with Lytica’s Platform
Lytica’s Spend Benchmarking stood out by identifying specific opportunities for better pricing and alternative parts for BD’s Approved Vendor List, helping mitigate material shortages and cost issues. The intuitive interface made it easy for John’s team to utilize the platform without needing extensive IT expertise. Implementing Lytica’s solutions enabled John’s team to pinpoint hard savings targets and refine their procurement strategies for optimal outcomes.
Transition to Lytica
The opportunity to join Lytica as VP of Strategic Procurement was compelling for John. He wasn’t looking to leave BD, but the more he engaged with Lytica, the more he saw its transformative potential. The value Lytica brought to BD was undeniable, and John found himself increasingly passionate about the platform’s capabilities. When the opportunity came up, he saw a unique chance to leverage his extensive procurement skills to make a broader impact.
John believed so strongly in Lytica’s product and mission that he decided to leave his secure, high-profile corporate position at BD. This move was driven by his conviction that Lytica was revolutionizing procurement. He wanted to be part of a dynamic team that was changing the industry, helping many companies capture value, reduce risk, and ensure supply. The collaborative environment at Lytica, coupled with the potential to drive impactful changes, made the transition seamless and exciting for John.
Conclusion
John’s journey from a Lytica client to an executive has been rewarding. He is eager to partner with clients to maximize the platform’s value, driving remarkable results. His vision is to see Lytica become the “Google” of electronic spend management, revolutionizing procurement practices and setting new benchmarks for excellence.
John Boullie’s experience underscores the transformative power of Lytica’s platform. From tackling procurement challenges at BD to leading strategic procurement at Lytica, John’s journey highlights the significant value Lytica brings to its users.
“I am eager to collaborate with clients to continue to unlock new avenues of cost savings and operational efficiencies through the innovative features of Lytica’s platform.”
John Boullie, VP Strategic Procurement at Lytica
About Lytica
Lytica is an electronic component spend analytics and risk intelligence company that uses real customer data to help companies make their supply chain more cost-transparent, more resilient, and more predictable. Lytica’s advanced electronic component market intelligence platform employs machine learning and AI to analyze real-world pricing data, offering true market insights to reduce costs and mitigate supply chain risk. Fortune 500 and blue chip companies around the world rely on Lytica to find better prices, manufacturers, and suppliers.
To learn more, visit lytica.com.