Will Nitze

Founder, IQBAR (iqbar.com) 🍫+💧+☕️

🍫 Founder/CEO, IQBAR (iqbar.com)
🎙️ Co-Host, "Eating Glass" Podcast
🎓 Harvard BA

Founder/CEO

We make superior brain + body fuel. IQBAR® plant protein bars, IQMIX® hydration sticks, and IQJOE® instant coffees are packed with the functional compounds you need to win your day.

The answer is not to minimize wrongness.

It's to minimize the COST of being wrong.

So you can cycle through many, many wrong answers without dying.

That's the highest-odds path to getting to the *right* answer.

The alternative is buying a lottery ticket.

Run faster, Run longer, and/or Run in unique directions...

1/3 gives you a fighting chance.

2/3 gets you above 50% odds of making it.

3/3 creates an inevitability of success.

"Grass roots" growth sounds romantic.

It isn't.

Most of us are playing an old-school, economies-of-scale game.

Which means we start in a painful (i.e., un-romantic) unit economics hole.

The best (and, arguably, only) path out?

Volume.

And then a careful *leveraging* of that volume.

The best way to achieve volume?

Taking big swings early.

To me, that's romance.

The path to The Goal is the inverse of The Goal.

Reduce optionality so you can later maximize it.

Concentrate bets so you can later diversify them.

Channel negative emotions (jealousy, comparison, anger) so you can later jettison them.

Etc.

Of course this only works if you...

1. know *when* to flip the switch (timing is everything)
2. are able to *actually* flip that switch (many refuse to)
3. *avoid psychological disaster* along the way (which is mostly a function of how you execute on 1 and 2)

TriVista

I lead Procurement advisory for TriVista, serving as the subject matter expert for the organization as we strengthen our Procurement capability.

Director

Source Refresh LLC

I advise CEOs and COOs of Small/Medium Enterprises, Minority-owned businesses and Non-Profits to deliver improvements on key Business KPIs.
Check us out at www.source-refresh.com or send me an email at Chandhrika@source-refresh.com if you want to learn more.

Founder & Consultant

d.e. Foxx & Associates, Inc.

- Advisor to CEO, ushering in holistic Procurement Transformation which includes revamping business model and org structures.
- Procurement and Data Strategist for new clients and prospects, managing analysis, opportunity sizing and building strategy roadmap for indirect spend management.

Consultant

Versatex

- Driving digitization of indirect (MRO) spend for a Fortune 500 manufacturing client across 100+ sites in North America. 
- Leading cost savings initiatives for a $10B+ Healthcare client through benchmarking and standardization of Building Maintenance Services.

Arbo's Cheese Dip

I advise the Founder on Supply Chain Strategy as we chart out a plan to increase distribution across US.

ProPrudence

Advisor to bootstrapped start-up. Proprudence is a first-of-its-kind marketplace that delivers amplified reach, streamlined order intake to payment, and encrypted video conferencing for confidential consultation.

Advisor

Safe Food En Route, LLC

I provide Procurement advisory to Safe Food En Route's client, TriVista (https://trivista.com/)
TriVista performs operations due diligence for Private Equity clients.

Kroger

• Managed P&L for ~$1B portfolio, delivering top-line growth through market share and controlling bottom-line by reducing costs incl shrink. 
• Successfully delivered category turn-around in Ready to Heat meals from loss-maker to market leader by developing and executing robust data-driven strategies.
• Provided 4P strategic direction to National Brand and Private Label category managers to maximize customer value using category analytics (84.51, IRi, Shelf Review and Adjacencies, & TADMx for promotions evaluation).

Category Management (Retail Merchandising) - Deli/Bakery

• Managed $0.5B spend across commodities and finished product
• Global sourcing of raw materials from Asia, Africa, EU, and Americas for Kroger's Manufacturing Plants, and finished product for Kroger Retail.
• Led team in development and implementation of Strategic Sourcing Vision for Manufacturing Sourcing.
• Served as Enterprise Subject Matter Expert on Nuts and Spice commodities by providing market insights to senior executives and coaching  merchandising managers on National Brand negotiations.

Global Sourcing - Raw Materials & Copack

Versatex MSP

• Created and implemented best-in-class sourcing practices across client network
- Devised and implemented network-wide supplier performance measurement system for objective vendor performance assessment 
- Developed strategic first-of-its-kind Total Cost of Ownership model for staffing service procurement
• Delivered cost savings to client through operations efficiency improvement initiatives
- Reducing contract labor overtime through innovative scheduling
• Supported new business development for the start-up enterprise

Sourcing Manager

University of Cincinnati

Served as TA for undergrad Business Statistics course with responsibility for teaching and grading exams.

Teaching Assistant

Crafted and taught a brand new online undergraduate-level course in Applied Statistics for Human Services

Instructor (Applied Statistics)

Enabling small businesses to excel at Procurement | Host of The Source Refresh Podcast

I'm currently the Director of Sourcing at TriVista, bringing over 20 years of global supply chain expertise to the table. Before this, I founded Source Refresh LLC, a consulting practice with a focus on boosting procurement performance for small and mid-market businesses, primarily minority-owned firms.

My mission? To empower businesses to master procurement and create meaningful value for their customers, stakeholders, and the community.

I also host The Source Refresh Podcast, a platform where small business experts discuss supply chain challenges and discover practical solutions.

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The Battle

Will Nitze

Chandhrika Venkataraman

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The Battle

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Chandhrika Venkataraman

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Performance Score.css-goub6s{font-size:var(--chakra-fontSizes-md);font-weight:500;color:var(--chakra-colors-gray-600);display:block;margin-top:var(--chakra-space-1);}Will Nitze's LinkedIn Performance

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