Srinivas Malipeddi
**** * ******** ** ( Peoria, IL 61614 ( 309-***-**** ( accuig@r.postjobfree.com
summary
A results-driven and highly accomplished business leader with a strong
background in engineering and purchasing. Possesses a track record of
success in evaluating existing operations and seizing opportunities to
capture millions of dollars in cost reductions. Leverages exceptional
communication skills while leading diverse cross-functional teams to
achieve corporate goals. As an analytical problem solver, overcomes
complex challenges by identifying the root causes of issues. Draws
upon an expansive base of resources to drive improvements in
efficiency while securing significant cost savings for an
organization.
( project management ( performance management ( team leadership
( succession planning ( advanced product quality planning (
change management
( 6 sigma ( product cost management ( value stream mapping
( added value-in design ( product complexity reduction ( spend
analysis
( product development ( supplier collaboration methodologies (
strategic planning
( Statistical Data Analysis ( Artificial Neural Networks (
Genetic Algorithms
experience
CATERPILLAR INC, Peoria, Illinios 2001-Present
Procurement Manager, Global Purchasing 2012-Present
. Responsible for $750MM category spend, strategic sourcing, aggressive
cost reduction targets, assurance of supply and localization of
product for global markets. Lead team of 40 to develop bottom-up and
top-down strategies to identify cost reductions in engine components.
Advocated use of advanced technique such as statistical analysis,
Artificial Intelligence in spend analytics. Delivered $50 million in
category savings and managed commodity fluctuations and localization
strategies. Directed Supplier Performance Management reviews, and
delivered excellent QCLDM metrics. Executed supplier Master
Purchasing, Long Term and Commodity Agreements with legal counsel
Product Cost Manager, Global Purchasing 2009-2011
. Craft supply strategies and deliver integrated world-class supply.
Ensure supply base consistently meets quality, cost, logistics,
development, and management metrics. Lead cooling components category
team of 25. Commodity cost management through pre-buy, price-lock
strategies
. Captured over $25 million in annual cost reductions by utilizing
structured approaches such as Added Value in Design, Should Cost, Cost
Modeling, Spend Analysis, Low Cost Provider (LCP) and Strategic
Sourcing exercise.
. Drove idea and strategy replication across multiple product lines and
led teams to implement.
. Spearheaded design commonality and supplier consolidation.
. Realized savings of $1.5 million on Large Mining Trucks, Quarry
Construction Trucks and Track Type Tractors, and stationary engines by
leading supplier consolidation and successful negotiations with
suppliers.
. Achieved $20 million in savings by managing Hydraulic Excavator (HEX)
business turnaround activities while maintaining product availability
and quality.
. Directed supplier capacity and contingency plans after Japan
earthquake. Ensured availability of cooling modules from tier 1 and
tier 2 suppliers.
. Maintained continuous supply at full capacity by planning and
negotiating moving partial production to alternate facility in Japan
during summer power cut scenario.
. Led smooth transition of $60 million spend to LCP provider as part of
globalization strategy
. Exceeded engagement score of 90+ on Hays Survey. Highly respected by
leadership, peers and direct reports.
Strategy Manager, Master Black Belt, Human Services Division 2008-2009
. Implemented HR strategies through 100 cross-functional DMAIC/DMEDI 6
Sigma projects. Resolved technical issues and implemented projects by
working with Human Resource stakeholders, including Corporate HR,
Information Technology, Corporate Accounting, Diversity/ Inclusion,
Environmental Health and Safety, Facilities Management and Corporate
Security.
. Facilitated project prioritization, selection and execution activities
through global council.
. Managed performance and career progression of direct reports in Japan,
China, Brazil, and across Europe.
. Coached 30 Black Belts and captured $10 million in savings across
corporate and regional HR organizations.
. Established corporate diversity fairness metrics through 30,000 points
of management employee growth potential indicator data.
Engineering Manager, Machine Systems 2006-2008
. Led coaching, staffing, performance management, and succession
planning for 25 highly skilled engineers.
. Spearheaded cooling, sound and soil mechanics program planning,
resource allocation, and budgeting. Ensured next-generation cooling
designs adhered to new regulations.
. Delivered critical validation support for numerous new product
introduction programs and component validation programs. Consistently
met new product introduction deadlines. Reduced design time 90% by
enabling teams to evaluate designs virtually, and using
parametric/scale model techniques.
. Developed soil mechanics programs to improve machine wear life by 2%.
. Secured $5 million external research funding from Department of Energy
and collaborated with Argonne National Labs through CRADA to develop
Underhood Thermal Management methods, eliminating early-hour thermal
failures.
6 Sigma Black Belt, Technical Services Division 2003-2006
. Directed $24 million corporate R&D programs, including budget
allocation and execution.
. Met 200% increase in demand for Wheel Loaders by leading a Strategic
Improvement Project to eliminate constraints and improve production.
. Managed 6 Sigma teams in soil mechanics, virtual wear, seat suspension
design, cooling systems.
. Spearheaded Value Stream Mapping and Kaizen for Pipe Layers, enabling
on-time delivery of 13 machines.
Senior Engineer, Technical Services Division 2001-2003
. Managed Tier III and EU stage II cooling development teams of ten
supporting ACERT engines.
. Reduced virtual validation time by 10% and established guidelines for
current and future NPI programs.
. Developed and led innovative Artificial Intelligence (AI)/ Neural
Networks based tool for Industrial Radiators, reducing time to market
by 90% and enabling web-based simulation, eliminating repeat
testing/analysis.
. Improved air flow 30% by designing high-performance axial fan and
reversible fan utilizing AI techniques, which maintained 100% flow in
both directions and reduced time to clean the cooling system.
. Developed Genetic Algorithms-based design optimization tools, enabling
engineers to evaluate hundreds of designs concurrently. Embedded
optimization tools in Caterpillar gear design program.
. Designed and simulated radial and mixed flow fans for 20% higher flow
and 5dBA lower noise performance.
. Collaborated with Michigan State University to validate and improve
fan simulation accuracy.
additional experience
ACCS Corporation, Peoria, Illinois, Research Engineer Consultant to
Caterpillar, Inc., 1997-2001.
Axis, Inc, Peoria, Illinois, Engineering Analyst Consultant to Caterpillar,
Inc, 1995-1997.
NCL Seccolor Ltd, Hyderabad, India, Assistant Engineer, 1990-1991.
education
University of New Orleans, New Orleans, Louisiana, M.S., Mechanical
Engineering, 1994
Osmania University, Hyderabad, India, B.E., Mechanical Engineering, 1990
certification
6 Sigma Master Black Belt
professional development
Making Great Leaders Executive Leadership Development Program, HayGroup,
2007
Management for the 21st Century, Foster College of Business Administration,
Bradley University, 2005
affiliations
North South Foundation, Regional Bee Workshop Coordinator, 2009-present
Society of Automotive Engineers Governing Board, Historian, Won two Gold
and one Silver Awards, 2001, 2002, 2003
SAE Earth Moving Conference, Conference Chair for Data Mining Session, 2001
publications
Measurement and Analysis of Underhood Ventilation Air Flow and Temperatures
for an Off-Road Machine, The Aerodynamics of Heavy Vehicles: Truck, Buses
and Trains Conference, Dec 2-6, 2002, Monterey-Pacific Grove, California
Underhood Thermal Management of Off-Highway Machines Using 1D-Network
Simulations, SAE Technical Paper 200*-**-****, 2003
Guidelines for Underhood Thermal Management of Off-Highway Vehicles,
Institute of Mechanical Engineers, 2003
Thermal Analysis of an Off-Road Machine with a Conjoint 3-D CFD and 1-D
Network Simulation Package, International Journal of Heavy Vehicle Systems,
Volume 14, Number 1/2007
conferences
Guidelines for Underhood Thermal Management of Off-Highway Vehicles,
Vehicle Thermal Management Systems (VTMS6) Conference, 2003, Briton, UK
Assessment of 1-D and 3-D Simulations Techniques to Predict Underhood
Ventilation Air Flow and Temperatures for an Off-Road Vehicle Engine, The
Aerodynamics of Heavy Vehicles: Truck, Buses and Trains Conference, Dec 2-
6, 2002, Monterey-Pacific Grove, California