K2 Sourcing Inc.
Location: Belgium, Wis.
Industry: eProcurement, specifically eSourcing
What was the smartest thing your company did in the past year?
“Hire additional business development focused on helping government entities to reduce costs.”
What’s new at your company?
“We are about to release a new web-based supplier registration, certification, sourcing, pre-qualification, and profile management module that will nearly eliminate receiving cold calls and having file cabinets filled with paperwork. From beta sites and internal use, regarding active strategic sourcing and supplier outreach programs, we are seeing about a 25 percent productivity improvement and a tremendous increase in data accuracy.”
Do you plan to hire any additional staff or make any significant capital investments in your company in the next year?
“Yes. In order to take an innovative leadership position significant investments are being made to improve our overall eSourcing platform.”
What will be your company’s main challenges in the next year?
“Uncertainty, which leads to slower decision making and longer sales cycles.”
What’s the hottest trend in your industry?
“Government’s investment in solutions that yield measurable savings and improvements in efficiency.”
Do you have a business mantra?
“Sincerely seek to help others, and always maintain your integrity.”
From a business standpoint, who do you look up to?
“There are so many individuals that have helped me, to list them the BizTimes would need a separate website.”
What was the best advice you ever received?
“First, get the right people on the team.”
What’s the funniest thing that ever happened to you in your career?
“I was hired directly by the VP of operations. This was around my third week on the job. After coming home and looking at the mail one day, I noticed a letter from the company. Upon review, the letter was the standard HR thank you for applying but we are pursuing other candidates. While it was a bit of a restless night, my boss and I had a good laugh over the letter, and I was still gainfully employed.”
What do you like to do in your free time?
“Activities with family and friends, developing new products and services, writing music, reading, fishing, hiking, biking, and golfing.”