Jeff Svedahl

Senior Director and VP-level strategic sourcing and procurement leader with 25+ years of progressive experience building enterprise procurement functions, directing large spend portfolios, managing global supplier relationships, delivering measurable cost savings, and serving as a trusted advisor to C-suite and executive leadership across hospitality, financial services, retail, and healthcare technology organizations. Deep expertise in category management, RFx process design, contract negotiation, supplier governance, and cross-functional stakeholder partnership. Proven builder — multiple times over — with a track record of creating procurement functions and programs from scratch that scale with rapid organizational growth.

International sourcing experience includes direct travel to China and India for supplier inspections at Target, and management of a five-person India-based sourcing team at Ameriprise Financial. MBA in Finance and Management Information Systems. Known for influencing without authority, building trusted executive relationships, and leading high-impact sourcing programs with discipline, urgency, and analytical rigor.

Chief Financial Officer and Head of Business Development at Spruce Hill Design (2026-01 – Present)

• Serve as CFO and Head of Business Development, partnering with Owner/CEO to strengthen financial discipline, operating cadence, and decision-making.
• Built budgeting, forecasting, and cash-flow management practices; improved visibility to project profitability and business performance.

Senior Director, Procurement Services at Choice Hotels International (2023-09 – 2026-01)

• Directed centralized procurement and vendor management for a 6,000+ property national franchise network across 22 hotel brands — executing end-to-end sourcing including category roadmaps, RFx development, bid evaluation, contract negotiation, and vendor management.
• Built the company’s first national services platform — national agreements with Kone, Otis, and TK Elevator for elevator services, and national programs for plumbing, electrical, and landscaping.
• Implemented governance frameworks, supplier performance agreements, compliance programs, and evergreen contract structures that eliminated unnecessary administrative burden across 100+ active contracts.
• Partnered cross-functionally with Finance, Legal, Operations, and executive leadership to align procurement with enterprise objectives; championed AI-forward and technology-enabled sourcing mindset.

Director, Strategic Sourcing at Radisson Hotel Group Americas (2016-02 – 2023-09)

• Directed strategic sourcing across U.S., LATAM, and Canada; managed FF&E, OS&E, and operational services across a multi-brand portfolio spanning select-service, full-service, and lifestyle properties.
• Led the Radisson prototype initiative — moved the brand from per-property custom design to a single prototype, then value engineered approximately 20% out of the cost per key through material substitutions proven in model room comparisons.
• Built category strategies, governance standards, and performance frameworks; streamlined contracting processes and significantly reduced operational complexity across the portfolio.

Director, Strategic Sourcing at Ameriprise Financial (2014-01 – 2016-02)

• Managed $250M in Marketing and Real Estate spend in a highly regulated financial services environment; directed a team of five sourcing professionals based in India with direct travel to India for team management and RFx execution.
• Built cross-functional procurement partnerships with Finance, Legal, and Compliance; improved Enterprise Procurement’s reputation for responsiveness, project throughput, and strategic contribution.
• Delivered measurable savings and transformed procurement from a transactional function to a recognized strategic partner across the enterprise.

Senior Sourcing Manager at Best Buy Co., Inc. (2011-09 – 2013-12)

• Directed $1.2B in enterprise spend across Corporate, HR, and Enterprise Services; delivered $50M in savings through supplier negotiations, consolidation, and category management as part of the enterprise-wide Renew Blue transformation.
• Developed the enterprise RFx template adopted as the standard for all competitive bid processes across the organization.
• Reduced contingent workforce costs 35% and print costs 40%; championed SAP Ariba eSourcing adoption across the enterprise.
• Designed and implemented a Tiered Sourcing Model to prioritize procurement resources by deal value and risk; developed contract templates, clause libraries, and non-compete frameworks adopted across the procurement organization.
• Taught Negotiations 101 training program to the procurement team.

Global Procurement Manager at Lifetouch Inc. (2011-01 – 2011-08)

• Managed $60M in corporate IT spend; consolidated field office telecom services across all locations to one supplier (Granite Telecom) for POTS, data, and long distance — saving 25% ($500K).
• Initiated a corporate managed wireless services program; developed an outsourcing program for employee hardware and software fulfillment using Ariba catalogs.

Corporate Procurement Manager at American Medical Systems (AMS) (2007 – 2010)

• Created the Corporate Procurement department from scratch, centralizing $60M in indirect spend and driving a 10% annual cost reduction through ten or more spend projects per year.
• Outsourced printing and global fulfillment of all AMS marketing materials — reduced print costs 40%, warehousing expenses 15%, and reallocated 5 employees from administrative tasks to core functions.
• Led the spend strategy team that centralized the contingent worker program — consolidated suppliers and reduced spend 35%.
• Introduced eSourcing through a third-party partnership, reducing RFP processing time significantly; created and managed the AMS Supplier Diversity program.

Manager — Compliance & Production Services at Target Corporation (2005 – 2007)

• Re-engineered Target’s internationally sourced product quality inspection process — reduced inspections required by 30% while significantly improving overall product quality.
• Managed the team that implemented a worldwide tablet PC solution for inspections, creating a centralized data repository and decreasing inspector workload.

Strategic Sourcing Leader — Indirect Procurement Strategies at Target Corporation (2004 – 2005)

• Jointly accountable for negotiation strategies on $1.4B in Property Development spend; developed the strategy for 2,145 sourcing events that saved $113.3M.
• Pioneered the CombineNet combinatorial optimization solution for Target — an early AI-enabled sourcing tool that enabled multi-supplier scenario analysis across complex national service programs including housekeeping services across approximately 1,200 stores.
• Created Strategic Sourcing Best Practices for New Store and Remodel Construction; managed a team of six eSourcing leaders.

Manager — Property Development Procurement Strategies and Support at Target Corporation (2004 – 2004)

• Directed the development, standardization, and implementation of all sourcing processes, best practices, and technology for the Property Development pyramid, improving buyer and analyst productivity significantly.

Business Analyst / Senior Analyst — Target Technology Services at Target Corporation (2000 – 2003)

• Managed $120M in spend; re-engineered forecasting and new supplier opportunity processes.
• Consolidated Vendor Management and Technology Acquisition teams’ expense tracking and reporting, reducing processing time from several weeks per month to two short staff meetings.

Founder & Owner at Svedahl Investments (1995-07 – 2025-06)

• Founded and operated a multifamily property management company for 30 years; managed all vendor procurement, capital project sourcing, and supplier relationships.
• Delivered profits of 25–250% on multiple