Elvin Zung

Enterprise executive leading global Strategic Procurement and Digital Finance transformation for a multi-billion-dollar consumer brand. Accountable for sourcing strategy, contract governance, supplier performance, third-party risk management, and finance modernization to drive profitability, resilience, and operational agility. Own enterprise governance of indirect spend across IT, marketing, supply chain, retail, corporate services, and travel, influencing cost structure, working capital, and margin performance. Strategic Procurement - Lead global Procurement organization overseeing ~$1.4B in annual spend across multiple regions, aligning category sourcing strategies to growth and profitability objectives. - Delivered $50M+ in recurring annualized cost savings/avoidance through strategic sourcing, complex negotiations, supplier consolidation, and contract optimization, contributing directly to gross margin and EBITDA expansion. - Modernized operating model, increasing spend under management by 36% and reducing contracting cycle time by 27%. - Strengthened supplier performance and risk management governance across 2,000 global partners, enhancing business continuity. - Advanced spend category management through deployment of spend analytics, contract lifecycle management (CLM), market intelligence, and eSourcing platforms. - Built and developed high-performing global teams, implementing Procurement competency frameworks and performance metrics aligned to enterprise strategy. Digital Finance - Lead enterprise Digital Finance transformation to modernize and evolve financial operations capabilities. - Drive multi-year roadmap including automation, global process owner (GPO) framework implementation, technology deployment, and end-to-end process redesign. - Integrated procurement and finance data governance to improve spend visibility, working capital management, and risk oversight.

- Transformed indirect procurement for IT, marketing, supply chain, retail, corporate services, and travel into a strategic value driver. - Delivered $42M+ in recurring annualized savings and cost avoidance through strategic sourcing, supplier consolidation, and contract optimization, while implementing an enterprise wide third-party risk management (TPRM) program. - Developed and implemented Market Intelligence and Benchmarking capabilities to amplify sourcing effectiveness and negotiation leverage, enhancing cost competitiveness, supplier performance, and strategic decision-making. - Expanded the team into a true global organization and increased employee engagement score from 39% to 91% through talent development frameworks. - Partnered closely with senior business leaders to align procurement strategy with corporate priorities, modernize processes, elevate category management, and strengthen cross-functional influence, driving enterprise-wide impact.

Led the team managing sourcing, procurement, and end-to-end supply chain for $405M in annual spend on Third-Party and Licensed products across Gap, Banana Republic, Old Navy, and Athleta. Partnered with cross-functional teams and strategic suppliers to create a responsive supply chain through fabric platforming and blank strategy across 30% of the business, reducing year-over-year costs by 2.6%, consolidating factories by 27%, increasing on-time shipments from 78% to 98%, and optimizing Country of Origin strategy to expand production in Vietnam.

Led global sourcing strategy across Activewear, Denim, Sweaters, and Accessories categories representing $3.8B in annual spend. Directed enterprise Country of Origin (COO) strategy, reducing China exposure from 28% to 8% while maintaining cost competitiveness, speed-to-market, quality, and sustainability standards. Diversified and strengthened the global supplier base to enhance resilience, mitigate geopolitical and tariff risk, and unlock innovation and operational efficiencies across the supply network.

Led the Strategic Sourcing team to transform and elevate procurement capabilities, enabling focus on value-driven initiatives, consistently achieving/exceeding cost savings targets and service levels, and significantly expanding spend under management across marketing, store construction, visual merchandising, fixtures, energy, packaging, corporate services, and store supplies spend categories.

Built and led the Marketing Strategic Sourcing organization, managing $500M+ in annual spend. Directed the team to consistently meet/exceed service level targets while optimizing costs across diverse Marketing spend categories, including media, production, creative agencies, digital marketing, and print. Oversaw strategic sourcing and procurement for critical enterprise spend categories such as contingent labor, loss prevention, logistics, packaging, corrugate, and telecom, driving initiatives that supported business objectives and strengthened engagement with senior leaders and stakeholders.

Led cross-functional teams to strategically source, procure, and optimize spend across high-impact categories such as loss prevention, contingent labor, logistics, telecom, and corrugate delivering measurable cost savings, enhanced efficiency, and strengthened collaboration across functions.

Led the development and deployment of Gap Inc.’s eSourcing and Vendor Management System, elevating category management effectiveness, ensuring strong compliance, achieving cost savings goals, and optimizing enterprise spend within contingent labor.

Led the cross-functional Quality team across the full product-to-market lifecycle, delivering process improvements and cost optimization, achieving significant reduction in repair and warranty costs.

Established and led the Product Audit department, directing a 32-person team to implement and integrate quality standards across Press Shop, Body Shop, Paint Shop, and Final Assembly, driving measurable improvements in product quality, and compliance.