Yisa Wong, VP of Strategic Sourcing at Fossil Group, has spent over 20 years building sourcing operations across fashion and accessories, with stops at Liz Claiborne, Gap, Coach, and now Fossil Group, where she’s based in Hong Kong managing APAC sourcing and procurement. She talks through how she thinks about supplier relationships, supply chain risk, and what it actually takes to build a sourcing function that holds up when things go sideways.
Yisa also covers what a single-source failure taught her team about vendor base design, how she thinks about the difference between KPI measurement and relationship equity, and why product development experience makes her a sharper sourcing leader.
Topics discussed:
- Moving from single-source dependency to a qualified backup vendor strategy
- Building 10 to 14 KPI supplier scorecards across operations, costing, and R&D
- Why supplier relationships create value that performance metrics can’t capture
- Understanding manufacturing processes as a core competency for sourcing leaders
- Cross-functional stakeholder alignment between sourcing, product development, and supply planning
- Managing global time zones and cultural differences in APAC supplier networks
- China-plus-one and supply diversification strategy in the face of tariff volatility
- Using data fluency to find cost efficiency and create value for the business
- AI’s potential in contract management and procurement efficiency, and where the guardrails need to be set
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