Faculty, author, researcher, innovator of the Vested® business model
Kate Vitasek’s philosophy is deeply embedded in practicing what she preaches. She has successfully combined her role as Faculty for the Center for Executive Education at the University of Tennessee with her role as Founder of Supply Chain Visions, a Top 10 Boutique Consulting firm. Her applied research and thinking is grounded in a drive to help real companies achieve real results.
Kate’s approaches and insights have been widely published in over 200 articles in respected academic and trade journals, as well as in five books. Co-author of the Council of Supply Chain Management Professionals’ Supply Chain Management Process Standards, she has also lead some of the supply chain profession’s most popular research reports published by WERC, APICS, and APQC.
Kate’s current passion is the pioneering work she’s leading in Vested at the University of Tennessee. Vested is based on award-winning research by the University of Tennessee funded by the United States Air Force to find a “better way to outsource.”
The Vested® business model allows companies to focus on desired outcomes and shared value to create an arrangement that is mutually beneficial for each. Rather than the “What’s in it for Me” mentality of traditional agreements, Vested’s “What’s in it for We” mindset invests both parties in the success of each other’s overall business, which in turn strengthens the sense of partnership and encourages a more lasting relationship. By sharing expertise and aligning their goals, both parties are able to drive innovation, adapt to changing needs, and mitigate risk while working towards mutual success. Many well-known companies have adopted a Vested framework, including Microsoft, McDonald’s, and Procter & Gamble.
Vested is part of a book series published by Palgrave Macmillan. It has also been featured in more than 300 articles in traditional media outlets such as Forbes, Bloomberg Radio, Fox Business, CIO Magazine, NRP, and The Wall Street Journal, as well as in numerous trade publications like Globalization Today Magazine, Outsource Magazine, SupplyChainBrain.com, Warehousing Forum, Supply & Demand Chain Executive, Logistics Viewpoints, and IT Business Edge.com.
Awards and Recognitions
Kate’s groundbreaking work with Vested has won much attention. Vested was named one of “Outsourcing’s Top 2012 Trends” by Globalization Today, one of the “Top 50+1 Most Influential 2011 Trends” by The World Trade Magazine, and one of the “Tops Trends in IT Services” by Vanguard Marketing International, Inc.
Kate herself has been been recognized by The Journal of Commerce as a “Woman on the Move in Trade and Transportation” and as a “Rainmaker” by DC Velocity for her contributions to building the supply chain profession. For her work on Vested, she was named one of Globalization Today’s “Powerhouse 25” outsourcing industry leaders. Other accolades include being recognized by Logistics Quarterly and Supply Chain Digest as a “Woman in Supply Chain,” being honored as a “Woman of International Influence” by Global Executive Women, and being a top 10 finalist for “Best Entrepreneur—Service Business Under 100 Employees” by the American Business Awards for Woman.
In addition, Kate’s firm, Supply Chain Visions, has won many of its own awards, including being named one of the “Top 100 Supply Chain Partners” by SupplyChainBrain.com, where it was one of only four consulting firms to make the list.