Alisa Bornstein is a seasoned procurement and sourcing executive with over two decades of experience driving strategic initiatives and transformational change in the technology and telecommunications sectors. As the CPO and VP of Sourcing at Visa Europe, she oversees the company's global procurement strategy, partnering with cross-functional teams to optimize supplier relationships, enhance cost efficiencies, and ensure operational excellence.
Experience Summary
Current Role
In her current role at Visa Europe, Alisa is responsible for leading the company's global sourcing and procurement function. She collaborates closely with business stakeholders to develop and execute strategic procurement plans, leveraging her expertise in areas such as contract negotiation, supplier relationship management, and strategic sourcing. Under her leadership, Visa Europe has achieved significant cost savings while maintaining strong supplier partnerships and driving continuous process improvements.
Career Progression
Prior to joining Visa Europe, Alisa served as the CPO and Global Group Procurement Director at Arm, where she spearheaded the transformation of the company's procurement function, streamlining processes and driving operational efficiency. She has also held senior procurement roles at Millicom (Tigo), Telia, and Ericsson, where she consistently delivered measurable results in cost reduction, risk mitigation, and supply chain optimization.
Academic Background
Alisa holds a Bachelor's degree in Business Administration from the University of Stockholm, with a specialization in Procurement and Supply Chain Management. She is a recognized industry thought leader and has contributed to various procurement-focused publications and industry events.
Areas of Expertise
- Strategic procurement and sourcing
- Contract negotiation and supplier relationship management
- Cost optimization and spend management
- Supply chain optimization and risk mitigation
- Procurement function transformation and digitalization
- Cross-functional collaboration and stakeholder management
Professional Impact
Throughout her career, Alisa has demonstrated a track record of driving transformational change and delivering tangible results. At Arm, she led the implementation of a comprehensive procurement strategy that delivered over £20 million in annual savings. At Millicom (Tigo), she restructured the global procurement function, resulting in a 15% reduction in indirect spend and improved supplier performance.
Conclusion
With her extensive experience, strategic mindset, and proven ability to drive operational excellence, Alisa Bornstein is positioned as a highly valuable asset to Visa Europe. She is committed to continuously improving procurement practices, fostering collaborative partnerships, and contributing to the company's overall success and growth.
