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Click on the links below to find out more about the key qualification.
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Restructure Procurement into Strategic Function
- Restructured and centralized global procurement organization that had previously operated as decentralized business. Opened regional procurement offices in Dallas, Frankfurt, and Hong Kong to redefine and manage company's supply chain bringing $40 million in cost savings.
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- Contributed $12 million savings by transforming company’s supply chain approach and negotiating 50 long-term contracts in major spend categories. Created feedback mechanism to evaluate customer satisfaction (e.g. operations) with new supplier base to ensure long-term buy-in.
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- Developed comprehensive supply chain strategy and execution plan for $6 billion private-equity company focusing on eight largest manufacturing operations. Through volume leveraging, supplier reduction, and China sourcing, demonstrated 22% cost reduction plan on $275 million of spend.
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- Successfully integrated the purchasing function of six newly acquired businesses into a single strategic procurement organization with $150 million in combined purchasing power. This leverage opportunity generated 6% savings in the first year.
- Reengineered procurement process of global manufacturer leveraging 47 independent buying entities by centralizing the procurement of engineered components (castings, forgings stampings, PCB). Yielded 14% savings and 35% reduction in supplier base.
Global & Low Cost Country (LCC) Strategic Sourcing
- Sourced automotive, agricultural, and warehouse equipment, water dispensers, hardware, and metal doors in China yielding between 15-40% cost savings. In some cases more than 15% savings were achieved through resourcing within China.
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- Applying the Total Cost of Ownership philosophy to strategic sourcing process in Europe yields 12.5% savings while reducing the supplier base 67%. The Total Cost of Ownership approach not only addresses purchase price but inventory, waste/spoilage and value-add opportunities among many other factors.
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- Achieved 40% cost reduction on metal stampings by successfully engaging operations into the strategic sourcing process. Project resulted in a 35% reduction in the supplier base while improving overall quality and service by sourcing business which aligns with suppliers' core competencies.
- Using best practices, developed detailed strategic sourcing model for global, regional and local sourcing requirements in support of redefining worldwide supply chain.
- Secured 16% savings by developing methodical, detailed sourcing process for multi-facility steel cost reduction program. Negotiated 2% volume rebate, reduced supplier base by 80%, and improved payment terms from less than Net 20 days to Net 60 days.
Project Management
- Selected by Executive Committee for urgent project to address compliance issues with the FTC’s “Made in the U.S.A.” regulation. Successfully staved off lawsuit by developing a US-based supply chain within a nine-month period for 5,000+ components previously purchased from Asian suppliers.
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- Developed company-wide outsourcing project plan as part of company's plant consolidation strategy. Successful execution of the project plan enabled reduction of US plants from 80 to 55.
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- Instituted "Management by Fact" process for category management, providing Commodity Managers methodology to develop strategies and tactics based on data and market conditions. MBF tool tracked Manager's progress of multiple projects versus their goals and provided a presentation vehicle for internal customers.
Lean Manufacturing Implementation / Supply Chain Management
- Turned around poor-performing manufacturing plant achieving 9% productivity in first year through sweeping process changes including intensive implementation of lean manufacturing. During two-year tenure as Plant Manager, reduced labor, materials and overhead costs while improving customer service and safety (Productivity +15%, Safety +51%, Customer Service +5 pts, Inventory -30%).
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- Drove $40 million in cost savings and additional $15 million in working capital through development of comprehensive global procurement strategy in a post-9/11 environment using tenets of Lean Manufacturing. Lean Supply Chain strategy significantly reduced operational complexity by integrating smaller supplier base into operations.
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Cross-Functional Teams
- Developed full-time procurement cross-functional team to strategically source company's entire engineered components supplier base across 47 plants yielding 14% savings and a 35% reduction in the supplier base. By having engineering and operations personnel on procurement team it provided instant credibility internally with operations and externally with suppliers and allowed reengineering of components as a cost savings alternative.
- Restructuring procurement for food service company included cross-functional teams with chefs, operations and procurement personnel as full-time members. This approach not only provides traditional cost reduction opportunities but also allowed for menu redesign and component standardization to reduce costs
eProcurement Development & Deployment
- Configured and deployed eProcurement ordering and eRFP/eAuctioning system in 100+ units worldwide within one year. Assembled quick-response team to support business process and IT/technical changes. Results: 15% SKU reduction and 25% reduction in supplier base.
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- Successfully auctioned machine parts through FreeMarkets (now Ariba) portal to reduce costs and outsource non-core operations from major plants to further reduce overall cost, inventory, and free up capacity.
Domestic/Multinational Contract Negotiations
- Developed long-term agreements with suppliers to reduce costs, lead-time, and design and manufacturing process risks. Negotiated average of $39 million in annual savings that included provisions on long-term cost savings and pricing formulas.
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- Contracts negotiation experience includes negotiating sales agreements with DOD, foreign governments, and domestic/international commercial customers.
Procurement as Profit Center
- Created Supply Chain Solutions, Inc. from company’s procurement department to provide supply chain services to food service companies by leveraging established
supplier base and eProcurement portal. In its first full fiscal year it generated $12.5 milion in revenue
and $1 million in EBITDA, making procurement a profit center for its parent company.
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Operational P&L Oversight / Budgeting & Risk Management
- Demonstrated leadership in supply chain management including accountability of strategically managing
more than $1 billion of global spend reporting directly to the company’s Board. Responsibility also included a
$3.5 million departmental budget for 40 employees and supporting a global eProcurement system.
- Held P&L responsibility as General Manager of a $100+ million operation where 9% productivity increase was achieved, turning a money-losing plant into a high performing business.
- Developed Supply Chain Solutions, Inc. with an annual budget of $2 million
including the maintenance, continuous improvement, and contracting of its
Internet-based eProcurement system. Company expectation to turn a profit
within one year was achieved.
Building Functional Infrastructure
- Designed and implemented centralized procurement organization to service organization structure, technology requirements, and processes. Fully implemented Ariba-based order management system in less than 90 days that processes $1 million per week in transactions.
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