On Tuesday, February 12, Ryder announced an e-commerce fulfillment solution set to transform the way many manufacturers do business online, offering an alternative to third-party marketplaces by fulfilling orders of manufacturer products direct to consumers. With Ryder’s new solution, manufacturers of small to large parcel goods across all industries gain greater control over product selection, inventory management, pricing strategy, and customer service, all while maintaining critical speed to market.
Senior Vice President and Chief Procurement Officer
Tim Fiore is Senior Vice President and Chief Procurement Officer (CPO) for Ryder System, Inc., a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Mr. Fiore reports directly to Chairman and CEO Robert Sanchez and is a member of Ryder’s Leadership Team. He leads the global procurement organization across all three Ryder business divisions: Fleet Management Solutions (FMS), Dedicated Transportation Solutions (DTS), and Supply Chain Solutions (SCS).
Over the course of his career, Mr. Fiore also served as the Chief Procurement Officer of ThyssenKrupp NA where he was responsible for developing and implementing ThyssenKrupp’s first consolidated North American supply management program. Additionally, Mr. Fiore has held senior supply management roles at Terex Corporation, Celanese Corporation, and United Technologies Corporation.
Mr. Fiore has an extensive background in procurement with over 35 years of experience leading procurement organizations at large global enterprises, including previously being Ryder’s CPO from 2002-2005. During his time at Ryder, Mr. 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.
Mr. Fiore holds a master’s degree in business administration with a technology focus and a master's in management from Rensselaer Polytechnic Institute, as well as a bachelor's degree in history from the University of Massachusetts in Amherst.