VP Global Sourcing

Background and acheivements of this Purchasing Executive are shown. Contact information is confidential. To reach this person, use the link from Purchasing Executive talent bank at the conclusion of the resume. Click HERE for more information, jobs, and resumes.

Position
VP Global Sourcing
Location Confidential
No
Location
No preference
Willing to Relocate
Yes
Industry
Chemicals-/-Plastics-/-Fibers-/-Coatings
Function
Purchasing/Procurement/SupplyChainMgmt.
Compensation
$200,000 to $400,000

Resume Summary
Executive with P&L responsibility as well as wide-ranging qualifications in operations, product launch/management, business development, and M&A. Possesses experience in supply chain management, inventory control, and six sigma/lean methodologies. Realizes substantial cost savings by improving efficiency.

Resume Body      VP GLOBAL SOURCING

Supply Chain Product Launch ?New Business Development Strategic Planning Business Management P&L/Budget ? Market Management Cost Savings Sales Management Six Sigma Contract Negotiation M&A Strategy ? Enterprise-Wide Solutions Team Alignment


SUMMARY

A proven executive with profit and loss responsibility as well as wide-ranging qualifications in operations, product launch/management, business development, mergers and acquisitions and Sarbanes-Oxley compliance. Possesses experience in supply chain management, inventory control, and six sigma/lean methodologies. Realizes substantial cost savings by improving efficiency and providing expert contributions on critical business decisions. Maintains the immediate profitability of an enterprise while setting the stage for future earnings.


PROFESSIONAL EXPERIENCE

MONSANTO COMPANY, St Louis, Missouri

Vice President Purchasing, 2012- Present

Recruited to optimize the $2,010,000,000 global chemicals spend at Monsanto and to facilitate change management including eAuctions and raw material risk management. Developed category management strategies to optimize spend and reduce risk. Initiated purchasing early involvement in new product development. Leading a group of 9 professionals.

Reduced new product costs by $97,600,000/year by initiating early purchasing involvement with R&D in developing new products.
Implemented a preferred supplier program using category management strategies to reduce costs by $74,300,000 over two years.
Developed a risk management program for specialty chemicals reducing raw material risk exposure by 57%.
Grew annual eAuction spend $44,700,000 saving $8,440,000.

HONEYWELL INTERNATIONAL, Dallas, Texas
Senior Director of Global Sourcing, 2007-2011

Recruited by former supervisor to optimize the $11,200,000,000 Electronics and Mechanical spend at Honeywell. Results include a 32% reduction of the supplier base, $841,000,000 in cost savings, sourcing $908,000,000 of materials using an eSourcing platform, and implemented a new procurement scorecard to track results. Instrumental in building the supply chain and procurement functions in India

?Optimized precious metals and natural gas hedging to save $458,000,000 and reduce raw material risk exposure by 48%
?Reduced inventories by $210,600,000 utilizing Vendor Managed Inventory programs while reducing total cost of ownership by eliminating redundant operations
?Targeted electrical components as the commodity for eAuctions resulting in a yearly savings of $43,400,000 or 7.5%

CELANESE LTD., Dallas, Texas
Director of Supply Chain, 2005-2007

Implemented new service rules to establish value for services provided and payments for those services. Utilized six sigma, lean and green belt projects on major supply chain cost areas, including transportation, warehousing, packaging and inventory. Reduced expenditures by $12,200,000 to $36,000,000, saving 25%. Reduced inventory by 20% while improving on time delivery performance by 15%. Integrated the supply chain function of the $200,000,000 business acquisition into Celanese. Led business side of SAP conversion team with minimal effect on customers and service levels. Restructured North American supply chain organization. Established team and assigned specific tasks to maintain Sarbanes-Oxley compliance.

?Optimized global supply chain
Reduced expenditures by over 25% while improving service by 15%
?Managed $48,000,000 budget
?Championed lean six sigma culture

Director of Marketing, 2004-2005

Managed product, price, distribution and promotion for Polyvinyl Alcohol (PVOH) business. Instituted marketing strategy and pricing policy within first four months of tenure. Developed tiered pricing and service rules. Implemented price increases. Introduced sales training to both the Marketing and sales teams. Generated $46,000,000 in additional sales that resulted in a gain of $21,000,000 in earnings before interest, tax, depreciation and amortization (EBITDA). Collaborated with research and development on stage gate process, focusing marketing resources on two markets with new business potential of $60,000,000. Improved vitality index from zero to 5%. Launched family of copolymers with annual sales of $1,000,000.

Launched new products
Established stage gate methodology for new business development
?Increased prices based on value delivered in marketplace
?Improved earnings before interest, tax and amortization on businesses managed
Implemented sales training to Marketing and Sales to value sell a new product line

PRAXAIR, Richardson, Texas
Business Development Director, Global Marketing Director, 1999-2004

Oversaw marketing of global semiconductor materials business. Held P&L, sales, and marketing responsibility for the compound semiconductor business. Managed new product development and initiated use of stage gate methodology, bringing new products to market. Launched three new product platforms, opening up new markets with $100,000,000 in new business potential. Positioned company as leader in two market segments. Grew ion implant gases sales to $4,200,000. Negotiated lease of Supercritical CO2 (SCCO2) equipment to pay for entire research and development expense. Teamed with two alliance partners to lead atomic layer deposition (ALD) precursor technology. Grew compound semiconductor sales by 43%.

?Managed advertising budgets of up to $2,500,000
Increased sales while maintaining profitability
?Selected acquisition candidates to optimize market position
Utilized stage gate to develop pipeline of new products and improve Vitality Index

KOCH INDUSTRIES, Houston, Texas
Vice President, Sales and Marketing, Commercial Development Manager, 1997-1999

Developed and executed business plans for new potential markets. Completed market study on purification plant for base monomer of Polyethylene Naphthalate (PEN) and delivered recommendation to save $80,000,000 in capital expenses. Formulated business plan in conjunction with new product launch and worked closely with sales/marketing personnel to establish cost of ownership model thereby determining pricing. Opened sales offices in four global locations. Implemented Conceptual and Strategic Selling sales training to the sales force. Increased sales from zero to $7,000,000.

ADDITIONAL EXPERIENCE

DOW CHEMICAL, Houston, Texas, Industry Development Manager, 1996-1997. Developed and grew polymer modification market. Closed 12 new accounts, increasing sales revenue by 28% while maintaining ROS at 25%. Created successful public relations campaigns and launched new products, generating $1,600,000 in sales.

Market Manager, 1994-1996. Led three price increases, returning market to profitability. Targeted customer locations based on contribution margins. Directed public relations campaign to successfully prevent ban on plastic pipe in California. Grew sales revenue 63.4% and ROS from 8.4% to 44.1%

Sales Manager, 1989-1993. Built sales from $13,000,000 to $36,000,000 in territory. Increased ROS from 6% to 23%. Grew specialty polymer sales 30 times to $15,000,000 annually.



EDUCATION

B.S., Chemical Engineering, THE PENNSYLVANIA STATE UNIVERSITY, University Park, Pennsylvania

Click below.  Purchasing Executive Talent Bank will send your message to ...

VP Global Sourcing

Executives
  1. Click HERE to get RiteSite Services for YOURSELF.
  2. Click HERE to view VP Global Sourcing JOBS and/or to search for Senior VP Global Sourcing JOB OPPORTUNITIES.
  3. Click HERE to view Additional VP Global Sourcing RESUMES and/or to search for Other Senior VP Global Sourcing RESUMES.
Recruiters and Employers
  1. Click HERE to POST ALL YOUR JOBS on RiteSite FREE of Charge.
  2. Click HERE to view More VP Global Sourcing RESUMES and/or to search for Other Senior VP Global Sourcing CANDIDATES.
  3. Click HERE to view Competitive VP Global Sourcing Job Postings and/or Other Senior VP Global Sourcing JOBS.







What is Custom Career Service?What is Custom Career Service?
Frequently Asked QuestionsFrequently Asked Questions
Users CommentsUsers' Comments
Executive Sign UpExecutive Sign-Up
Employer / Recruiter RegisterEmployer - Recruiters Registration
Executive JobsJobs Database
Executive ResumesResumes Database
People FinderScan for People
Executive Search FirmsSearch Firms that are Rites-Honored
Privacy PolicyPrivacy Policy
Contact RiteSiteContact RiteSite
RiteSite StoreRiteSite Store
Rites Of Passage Book Cover
Rites Of Passage Book Cover