SDI International Corp.
is one of the largest diverse and woman-owned procurement outsourcing program
providers to primarily Fortune 500 companies worldwide. The company specializes
in managing and optimizing nonstrategic spend.
At the helm of the
29-year-old global company is Carmen Castillo, president and CEO.
The company’s
source-to-pay, procure-to-pay and source-to-contract delivery models are
designed to support SDI’s customers’ needs. These delivery models are embedded
in the company’s automated managed services platform that supports labor,
services and goods spend on an enterprise level.
“We saw a lot of
efficiencies when we developed a software for this purpose, and our business
has quadrupled,” Castillo said. “Now, we manage about $3.6 billion annually for
our clients.”
Although SDI began as a
staffing agency, Castillo quickly saw the increasing move from paper to
computers. She took the leap and began moving SDI into more global markets.
“We already had offices
in Canada and a small presence in Europe. As the company began to grow, there
were global companies with suppliers worldwide, and they were very impressed a
Latina-owned woman’s business was able to really service them and their
businesses in many countries,” she said.
SDI manages global
agreements with companies like IBM, Lenovo and Schneider Electric. SDI has
multiple locations across the U.S. and Canada, and global Centers of Excellence
in several European countries, India, China, Japan, Central and South America
and South Africa.
“Latinas work very hard.
When you are an immigrant, it puts you in a different category. You have to
work harder and think bigger. When I had the vision of going global and
realizing that technology was here to stay — and that it would change lives — I
realized we needed to adapt very, very rapidly,” Castillo said.
“The most important
thing for me is that I hire the smartest people,” she added. “One thing I
always ask when I interview at the executive level is to show me they are
smarter than me. If you’re not smarter than me, I don’t need you at that level.
I realize my capabilities and limitations, and so I have to hire smart.”
Castillo is also a
staunch proponent of paying it forward and corporate social responsibility. She
takes on groups of mentees each year to share her insights and experience,
focusing on hiring, retention, business development and international
expansion.
She is the immediate
past chair of the United States Hispanic Chamber of Commerce, and is currently
vice chair of the International Women’s Entrepreneurial Challenge Foundation,
which offers networking and cross-collaboration opportunities for leading women
business owners, as well as education and guidance to help them expand their
markets across borders.
Castillo is also
involved in community affairs, corporate social responsibility and business
development organizations that further the entrepreneurial efforts of
minorities and women worldwide.
She has accumulated
several industry awards and honors throughout the years, most recently being
named a member of the Council on Foreign Relations. Castillo is also a member
of Concordia Leadership Council, a global organization and roster of former
heads of state, leaders in industry and policy experts who offer strategic
guidance to expand their communities through experience and programs.
To learn more about SDI,
visit sdintl.com.