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“Together, companies and vendors using the vested approach develop performance-based solutions in which both parties’ interests are aligned, and thus they are vested in each others’ success,” Vitasek explained. “After experiencing how well the vested formula works, companies regard traditional outsourcing as old-school, impersonal and outmoded.”
In Vested Outsourcing, Vitasek has created a model that will improve outsourcing procedures much the way Six Sigma and Lean improved production processes in the 1980s and ’90s. Based on a research study with the University of Tennessee and the United States Air force, Vitasek has identified the top 10 flaws in most outsourced business models and then shows organizations how to rethink their outsourcing relationships in a way that will lower costs, improve service and increase innovation.
Vitasek’s approaches and insights have been widely published. She is the co-author of the Council of Supply Chain Management Professionals’ best selling book Supply Chain Process Standards, and has contributed to other management books as well. Vitasek has written more than 75 articles that have been published in respected academic and trade journals, including the Journal of Business Logistics, Supply Chain Management Review, Inside Supply Management, Aviation Week, Distribution Business Management Journal, The Manufacturer, and APICS Performance Advantage. Vitasek also hosts an “Expert Insight” blogs for DC Velocity and the Outsourcing Institute.
Vitasek is a faculty member and lead researcher for the University of Tennessee’s Performance-Based programs. She teaches executive development courses and serves as a mentor in the University’s Center for Executive Education. She also teaches outsourcing for SP Jain University’s Global MBA program and seminars for the Warehouse Education Research Council and the Council of Supply Chain Management Professionals.
Vitasek first attained prominence in outsourcing with her visionary call for more efficient practices and with her work within the Aerospace and Defense Industry on performance-based logistics where she co-authored the industry’s first book on the topic. In 2007 she went on to lead the University of Tennessee’s research into the next generation of outsourcing, which she originally coined performance-based outsourcing. Vitasek’s storied career includes positions with P&G, Microsoft, Kroger, Accenture and Stream International and she has also served on the Board of Directors for the Council of Supply Chain Management Professionals.
The Journal of Commerce has recognized Vitasek as a “Woman on the Move in Trade and Transportation” and DC Velocity Magazine dubbed her a “Rainmaker” for her leadership efforts in the profession. She’s also been honored as a “Woman of International Influence” and was a Stevie Award finalist for “Woman Entrepreneur of the Year.” For more information on Kate and her book, visit www.vestedoutsourcing.com. |
