Patti Olds
About Patti Olds
Patti Olds is the Director of Global Supply Chain at The Bayou Companies, where she has worked since 2017. She has expertise in Low Cost Country Sourcing and Spend Analysis, and possesses a strong background in procurement management within the oil and energy industry.
Work at Bayou Companies
Patti Olds has served as the Director of Global Supply Chain at The Bayou Companies since 2017. In this role, she is responsible for overseeing the supply chain operations, ensuring efficient procurement processes, and managing supplier relationships. Her expertise in low-cost country sourcing contributes to the company's ability to identify and engage cost-effective suppliers across various regions. The Bayou Companies, located in New Iberia, Louisiana, focuses on providing services to the oil and energy sectors, aligning with Olds' extensive background in these industries.
Education and Expertise
Patti Olds holds a Bachelor's Degree in Finance and Financial Management Services from the University of Louisiana at Lafayette, where she studied from 1983 to 1988. She also earned a Master's degree in Accounting and Finance from Nicholls State University, completing her studies from 1988 to 1992. Her educational background provides a strong foundation for her expertise in spend analysis and procurement management, enabling her to identify cost-saving opportunities and manage purchasing processes effectively.
Background in Procurement Management
Olds has a substantial history in procurement management roles, demonstrating her capability in managing purchasing processes and supplier relationships. Before her current position at The Bayou Companies, she worked as a Procurement Manager at Halliburton from 2011 to 2016. During her five years at Halliburton, she developed skills that are essential for effective supply chain management, particularly in the oil and energy sectors.
Industry Experience in Oil and Energy
Patti Olds possesses a robust background in the oil and energy industry, with experience working in both gas and petroleum sectors. Her roles have involved significant responsibilities in procurement and supply chain management, allowing her to develop a deep understanding of the industry's unique challenges and opportunities. This experience is reflected in her current work at The Bayou Companies, where she applies her knowledge to enhance supply chain efficiency.