Ryder System, Inc. announced the appointment of Timothy R. Fiore to the position of Chief Procurement Officer. Fiore will be responsible for Ryder’s global procurement organization across all three Ryder business divisions: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS).
“Tim has driven significant results over the course of 35 years, leading procurement organizations at large global enterprises, including previously being Ryder’s CPO from 2002 to 2005. With his strong leadership and process focus, I am confident Tim will build on our success,” Ryder Chairman and CEO Robert Sanchez said.
During his time at Ryder, Fiore and his team were instrumental in improving the supplier selection and management process that resulted in more cooperation with Ryder’s key suppliers for vehicle, vehicle support, and fuel activities. Additionally, the team’s activities addressed all sectors of Ryder’s supply chain by championing a fact-based, data-driven process to establish future key supplier relationships.