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Articles by Tyler Higgins

Tyler has robust experience leading multi-year sourcing initiatives within Higher Education, Retail, Consumer Products, Transportation and Energy, achieving over $250M in strategic profitability improvement. He has over 10 years of sourcing experience and developing strategic solutions regarding innovation, automation, process improvements, and strategic programs integral in generating substantial strategic profitability improvement. He has completed projects in a multitude of sourcing categories including temporary labor, most facilities (material and services) areas, IT hardware and software, scientific supplies, supply chain/transportation, outsourcing and human resource benefits. Tyler holds a Bachelor of Science degree in Environmental Economics from the University of California, Berkeley, and is a published author in Internet Retailer.

More Than Just Labor: Cost Reduction Strategies in the Banking Sector

While the post-Silicon Valley Bank collapse seemed to suggest that banking industry turmoil is over at least for now, larger structural challenges remain.  Investment bank revenues are plummeting, commercial bank earnings have experienced mixed results, the recession continues to loom, and market volatility continues to be turbulent – the result for financial services has been an increase in layoffs and bonus cuts.