Chris Sumida

Chris Sumida

Group Manager of Product Marketing, Ramp

Chris Sumida is the Group Manager of Product Marketing at Ramp, located in Ladera Ranch, California. With almost a decade in product marketing, Chris has a knack for leading successful teams and strategies. At Ramp, he’s been a driving force behind the launch of Ramp Procurement, which makes procurement easier and more efficient for businesses. Before joining Ramp, Chris worked at Xero and LeaseLabs®️, creating and implementing marketing plans. He kicked off his career at Chef’s Roll, Inc. Chris also mentors up-and-coming talent through the Aztec Mentor Program. He graduated from San Diego State University with a BA in Political Science.

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Education
Chris holds a Bachelor of Arts in Political Science from San Diego State University.
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Expertise

Product Marketing, Spend Management

Articles by Chris Sumida

Cost savings vs. cost avoidance: What's the difference?

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Cost savings vs. cost avoidance: What's the difference?

Cost savings reduce current spending. Cost avoidance prevents future costs. Learn how each impacts financial statements and procurement performance.
What is a purchase order and how does it work?

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What is a purchase order and how does it work?

A purchase order is a formal document a buyer issues to a seller detailing goods or services, quantities, prices, and payment and delivery terms.
What is a GPO (group purchasing organization)?

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What is a GPO (group purchasing organization)?

A GPO is a group purchasing organization that combines buyer demand to negotiate lower prices, better terms, and supplier contracts.
The 7-step procurement process

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The 7-step procurement process

The procurement process is a 7-step framework for identifying needs, selecting suppliers, issuing purchase orders, receiving goods, and paying vendors.
Open tender: Definition, process, and when to use it

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Open tender: Definition, process, and when to use it

An open tender is a procurement method where organizations publicly invite all qualified suppliers to bid, promoting transparency, competition and fair pricing.
Procurement process flow chart with 8 steps

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Procurement process flow chart with 8 steps

A procurement process flow chart is a diagram that maps each step of the procurement cycle, from identifying needs through supplier selection, orders & payment.