Yau-Kwan Yeung

Director of Indirect Procurement

Professional Overview
Yau-Kwan Yeung is an experienced procurement professional with a diverse background in both direct and indirect procurement. As the Director of Indirect Procurement at Tractor Supply Company, he oversees the strategic sourcing, contract negotiation, and vendor management for the company's non-inventory spend categories. Yau-Kwan's industry expertise spans technology, manufacturing, and retail, allowing him to drive cost savings and operational efficiencies for his organization.

Experience Summary

Current Role
As the Director of Indirect Procurement at Tractor Supply Company, Yau-Kwan is responsible for managing a team of procurement specialists and leading the strategic sourcing and contract negotiation for a wide range of indirect spend categories, including IT, facilities, marketing, and professional services. He has been instrumental in implementing procurement best practices, leveraging data analytics to optimize vendor relationships, and driving continuous improvement initiatives that have delivered significant cost savings and process efficiencies for the company.

Career Progression
Prior to his current role, Yau-Kwan held positions of increasing responsibility within the procurement function at Tractor Supply Company and Kraft & Kennedy, Inc. As the Manager of Indirect Procurement - Information Technology at Tractor Supply Company, he successfully led the strategic sourcing and contract management for the company's IT-related spend, contributing to improved supply chain visibility and cost optimization. Earlier in his career, Yau-Kwan gained valuable experience as a Technical Consultant and Direct and Indirect Procurement Manager at Kraft & Kennedy, Inc., where he honed his skills in vendor management, contract negotiation, and driving process improvements.

Academic Background
Yau-Kwan holds a Bachelor of Arts degree in Economics from Cornell University, where he developed a strong foundation in data analysis and strategic decision-making.

Areas of Expertise

• Strategic sourcing and procurement strategy development

• Contract negotiation and vendor management

• Cost optimization and process improvement

• Data-driven decision making and analytics

• Cross-functional collaboration and stakeholder management

Professional Impact
Throughout his career, Yau-Kwan has consistently demonstrated his ability to deliver measurable results for his employers. At Tractor Supply Company, he has led successful initiatives to renegotiate key vendor contracts, resulting in annual cost savings of over $2 million. Additionally, his implementation of a comprehensive spend analysis and reporting platform has enabled the procurement team to make more informed, data-driven decisions that have improved supply chain efficiency and vendor performance.

Conclusion
With his extensive experience, industry expertise, and proven track record of success, Yau-Kwan Yeung is a highly valuable asset to the Tractor Supply Company team. As the Director of Indirect Procurement, he is poised to continue driving strategic initiatives that enhance the company's competitive edge and deliver long-term value to its stakeholders.