STEPHEN W. SCHUSTER

*** *. ******* ***, ******** House CA 95391

925-***-**** – stephenwschustergmail.com

Highlights of Qualifications

Experience in commodity management, contract negotiation and finance.

Supervisory experience

Knowledge and practical application of financial analysis tools

Business Summary

Skilled in commodity sourcing and negotiation strategies, supplier relations, procurement finance, and inventory management. Experienced in driving sourcing, investment and inventory decisions to the most financially prudent outcomes. Strong capabilities in financial statement analysis of suppliers to aid in price negotiations and joint ventures.

Key Competencies

Cost modeling

Contract development

Statistical data analysis

Negotiation

Supplier Evaluation

Economic analysis

Spends forecasting

ROI analysis

Professional Experience

Carl Zeiss Meditec Inc, Dublin, CA 10/2002-present

A worldwide leader in the design, manufacture, service and support of vision care instrumentation

Strategic Sourcing Analyst

Responsible for the development and implementation of strategic programs for the Purchasing Organization. Commodities covered include sheetmetal, PCBA’s, electromechanical assemblies, computer components and peripherals, castings, plastics, office supplies and other MRO, consulting and software. Completed financial reviews of negotiation strategies and worked with various departments to analyze, develop and help implement the outsourcing of subassemblies. Also responsible for developing and implementing inventory reduction programs. Team leader for global sourcing programs. Participated in supplier audits and worked with Buyers and Suppliers on contract development. Also developed and drove department cost savings strategies, training, specifications and work instructions, and crisis resolution.

Achievements

Member of the Supplier Quality Council which developed a successful supplier rating and recognition program

Negotiated manufacturing supply agreements with key suppliers resulting in over $600k in annual savings.

Assisted in sourcing and qualifying a new supplier for key component resulting in $300k annual savings.

Managed a Global Sourcing program team with members from corporate headquarters in Germany that reduced annual spend for two commodities by $23k

Assisted Advanced Engineering in negotiating a development and supply contract for board assembly resulting in $262k savings over 3 years

Implemented a point of use program for supplier parts deliveries direct to manufacturing line resulting in a $100k reduction in inventory and an annual reduction in material handling labor of 390 hours.

Supply chain project lead on lean Kaizen events which resulted in successful implementation of Kanban supermarkets on time for two product lines. (total of 404 parts with 52% reduction in inventory)

Supply Chain lead for acquisition of new product line-managed to completion the transition of all purchase orders and materials to new manufacturing sites

As Sourcing representative for new product introduction teams developed cost models and sourcing implementation plans with Program Managers.

Supported Facilities Department with negotiation, assess total cost analysis of multiple bids, system evaluation and providing of commercial insight to regarding ROI and NPV, Projects included new overhead solar based lighting system for building, fire and burglary commercial monitoring and inspection agreement, phone switching project, exterior paint and carpet installations, external solar panel retrofit.

Negotiated temporary employee contract for Human Resources Department

Managed the RFQ and interview process for trade show management bid for Marketing Communications Department.

Participated in the creation, review, update, enhance and/or formalizing of policies and processes to strengthen and support strategic /tactical sourcing business objectives .

Team lead for inventory value stream mapping project. Reduced average on hand inventory on one targeted part from $277K to $64K

Intel Corporation, Santa Clara, CA 3/2000-8/2001

Worlds #1 manufacturer of semiconductor chips with 83000 employees and over $26 billion in annual sales.

Senior Financial Analyst

Supported the Fab Materials Operation division thru the financial review of negotiation strategies, creation of manufacturing “should cost models”, and ROI analysis of sourcing and investment decisions. Also responsible for inventory tracking/management and annual $1 billion plus spends forecasts.

Achievements

Developed and implemented statistical based Excel life cycle models to reduce silicon inventory levels by over 50%

Created should cost models for silicon and other fabrication materials to assist in pricing negotiations to yield over $50 million in annual savings.

Created ROI analysis’ that drove the correct decisions in supplier buyout scenarios and internal manufacturing of supplier materials.

Awarded Materials Finance Divisional Recognition Award for participation in a team that developed a macroeconomic indicators market trend framework for purchasing managers to use as a contract negotiations resource.

Integrated Device Technology, Santa Clara, CA 1988-2000

$380M Global semiconductor manufacturer of communications and high-performance logic components

Purchasing Manager 1999-2000

Senior Buyer 1996-1999 / Buyer 1988-1996

First three years spent as a Junior Buyer responsible for general purchase requisition placement, furniture buying, corporate moves, copy machine contracts, and cafeteria/office supplies. Promoted to Buyer and responsible for chemicals, gases, office machines, and MRO stores items. Then promoted to a Senior Buyer in 1996 and managed the procurement and specifications of direct assembly materials under a MRP system, including ceramic packages, leadframes, mold compounds, silicon, and shipping supplies. Had a key role in quality assurance and supplier rankings as a member of the IDT SCIP (Supplier Continuous Improvement) Team. Also managed a scrap reclamation program. As a Purchasing Manager had three direct reports who were responsible for commodities including MRO items, services, spare parts, and indirect/direct assembly materials. In this role developed partnership programs between Purchasing employees and internal customers to position Purchasing in a positive role as a value-add component of the company. Examples include integrating employees into engineering department staff meetings and matrix management structuring.

Achievements

Negotiated significant cost reductions on direct assembly materials. Savings of $5 million per year on one key part

Drove process improvements to eliminate sourcing bottlenecks and enable intranet based employee purchasing systems for commodities such as office supplies and copy paper. Resulted in over $200k in annual savings.

Defined and created many of the purchasing processes into handbooks for ISO compliance. Also acted as department liaison for ISO audits.

Main driver in reducing in house raw material inventories by negotiating and developing supplier managed inventory programs. Reduced company fiscal scrap exposure up to 50% on key items while at the same time maintaining secure supply lines with upside potentials as needed.

Education/Affiliations

MBA, Concentration in Finance, Santa Clara University, 2002

Bachelor of Science - Business Administration (Management), San Jose State University, 1988

including 2 years of mechanical, chemical, material, computer and electrical engineering courses

Continuing education courses in negotiation, statistical process control, real estate and contract law

Member of Institute for Supply Management (NAPM) and APICS

California Real Estate Salesperson Licensee

Other Skills/Training

Various classes in negotiation strategies

Microsoft Word, Excel, Powerpoint

SAP R/2 / ASK MANMAN

Kaizen training courses

DMAIC processes

Value Stream Mapping

Lean fulfillment streamTraining

Effective Manager classes

DFT Training

Supplier Auditing Courses

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