Craig Reed Receives Prestigious 2025 J. Shipman Gold Medal Award at ISM World
The Institute for Supply Management® (ISM®) recently honored Craig Reed, CPSM, with the prestigious 2025 J. Shipman Gold Medal Award during the ISM World 2025 Awards Gala held in Orlando, Florida, from June 1 to June 3, 2025. This accolade, established in 1931, is ISM’s highest honor, recognizing exceptional service and contributions to the procurement and supply management profession. Reed's remarkable career spans over 30 years, showcasing his expertise across various sectors such as industrial, airline, automotive, and life sciences.
Craig Reed currently serves as the Vice President of Global Procurement and Chief Procurement Officer at Thermo Fisher Scientific. Leading a robust global procurement team of more than 800 professionals, he manages critical spending that significantly impacts the company’s operations, which generated over $42 million in revenue in 2024. Reed's strategic initiatives focus on enhancing cost productivity, improving supply assurance, and boosting organizational effectiveness while ensuring risk management and quality improvements across Thermo Fisher's global operations.
Upon receiving the award, Reed expressed his gratitude, stating, "I am deeply honored and humbled to receive the J. Shipman Gold Medal Award. This recognition reflects the collective efforts and dedication of my colleagues and mentors throughout my career." His remarks highlight the importance of teamwork and collaboration in achieving success within the supply chain and procurement fields.
Reed's previous experience includes serving as the Chief Procurement Officer at Corteva Agriscience, where he was responsible for overseeing a global procurement team managing more than $9 billion in spend. His roles at prestigious companies like DuPont, Eaton PLC, Delta Air Lines, and BMW Manufacturing have allowed him to shape procurement practices significantly.
Thomas W. Derry, CEO of ISM, emphasized Reed's remarkable impact on the supply management profession, stating, "Craig's leadership at Thermo Fisher Scientific sets a standard for strategic excellence and operational rigor. His commitment to sustainability and inclusive leadership has redefined the qualities of a modern supply chain executive."
Beyond his corporate leadership, Reed actively contributes to the profession through his involvement with ISM on both the National Board of Directors and as Chair of the Board. He is a founding member of the Black Executive Supply Summit and dedicates time to mentoring future professionals and supporting supplier diversity initiatives.
An advocate for expanding representation in procurement, Reed has engaged in efforts to elevate diverse suppliers and advocate for equitable access within the field. He has played a crucial role as a member of various boards, including the National Minority Supplier Development Council and Florida A&M University’s Board of Trustees, reinforcing his commitment to fostering diversity and inclusion.
In addition to his corporate responsibilities, Reed serves as an educator, guest lecturing at esteemed institutions like Michigan State University and Howard University. He has developed supply chain management curricula aimed at preparing future leaders in the field. His extensive knowledge has also been shared on international platforms, from teaching procurement strategies in Dubai to presenting at high-profile conferences.
Reed’s academic credentials include an MBA in Supply Chain Management from the W.P. Carey School of Business at Arizona State University and a bachelor's degree in economics from Florida Agricultural and Mechanical University. His passion for education and commitment to the procurement profession highlight his exemplary career and impactful legacy.
The J. Shipman Gold Medal Award honors individuals whose humble, sincere efforts help propel the advancement of procurement and supply chain management, and Reed is a deserving recipient of this prestigious recognition. The Institute for Supply Management continues to lead the way in supporting professionals in the field, aspiring to foster a prosperous and sustainable future for the global community.
Craig Reed currently serves as the Vice President of Global Procurement and Chief Procurement Officer at Thermo Fisher Scientific. Leading a robust global procurement team of more than 800 professionals, he manages critical spending that significantly impacts the company’s operations, which generated over $42 million in revenue in 2024. Reed's strategic initiatives focus on enhancing cost productivity, improving supply assurance, and boosting organizational effectiveness while ensuring risk management and quality improvements across Thermo Fisher's global operations.
Upon receiving the award, Reed expressed his gratitude, stating, "I am deeply honored and humbled to receive the J. Shipman Gold Medal Award. This recognition reflects the collective efforts and dedication of my colleagues and mentors throughout my career." His remarks highlight the importance of teamwork and collaboration in achieving success within the supply chain and procurement fields.
Reed's previous experience includes serving as the Chief Procurement Officer at Corteva Agriscience, where he was responsible for overseeing a global procurement team managing more than $9 billion in spend. His roles at prestigious companies like DuPont, Eaton PLC, Delta Air Lines, and BMW Manufacturing have allowed him to shape procurement practices significantly.
Thomas W. Derry, CEO of ISM, emphasized Reed's remarkable impact on the supply management profession, stating, "Craig's leadership at Thermo Fisher Scientific sets a standard for strategic excellence and operational rigor. His commitment to sustainability and inclusive leadership has redefined the qualities of a modern supply chain executive."
Beyond his corporate leadership, Reed actively contributes to the profession through his involvement with ISM on both the National Board of Directors and as Chair of the Board. He is a founding member of the Black Executive Supply Summit and dedicates time to mentoring future professionals and supporting supplier diversity initiatives.
An advocate for expanding representation in procurement, Reed has engaged in efforts to elevate diverse suppliers and advocate for equitable access within the field. He has played a crucial role as a member of various boards, including the National Minority Supplier Development Council and Florida A&M University’s Board of Trustees, reinforcing his commitment to fostering diversity and inclusion.
In addition to his corporate responsibilities, Reed serves as an educator, guest lecturing at esteemed institutions like Michigan State University and Howard University. He has developed supply chain management curricula aimed at preparing future leaders in the field. His extensive knowledge has also been shared on international platforms, from teaching procurement strategies in Dubai to presenting at high-profile conferences.
Reed’s academic credentials include an MBA in Supply Chain Management from the W.P. Carey School of Business at Arizona State University and a bachelor's degree in economics from Florida Agricultural and Mechanical University. His passion for education and commitment to the procurement profession highlight his exemplary career and impactful legacy.
The J. Shipman Gold Medal Award honors individuals whose humble, sincere efforts help propel the advancement of procurement and supply chain management, and Reed is a deserving recipient of this prestigious recognition. The Institute for Supply Management continues to lead the way in supporting professionals in the field, aspiring to foster a prosperous and sustainable future for the global community.
Topics General Business）
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