Manager Supply Chain

STEVEN D. KRANZ, C.P.M.

* ******** *****

Plainville, MA 02762

H: 508-***-**** ? C: 610-***-****

********@***.***

SUMMARY QUALIFICATIONS

Sourcing professional with extensive experience leading and implementing

category strategies, cost savings, risk mitigation and lead time reduction

programs through effective communication and relationship building across

the supply chain.

Strengths:

A results-driven change agent with excellent leadership and communication

skills.

PROFESSIONAL EXPERIENCE

COVIDIEN (Formerly Tyco Healthcare), Mansfield, MA

2004-Present

A Medical Device Company

Global Sourcing Director, Vascular Therapies (2009-Present)

Managed over $100M in spend, leading all sourcing integrations for new

acquisitions, developing supply assurance programs, drive savings and

direct NPI sourcing requirements across manufacturing sites located in

North America, Europe and Asia; manage a team of seven.

. Provided sourcing leadership for the coordination of center-led sourcing

initiatives that delivered over $5M in savings.

. Drove the implementation and acceptance of the following initiatives

across the manufacturing sites: Supplier Scorecard, Supplier C&E Matrix

for risk mitigation opportunities and Kaizen events to identify supply

chain improvement opportunities.

. Successfully integrated two acquisitions leveraging strategic spend into

the Global Sourcing function and led the Sourcing due diligence of other

potential opportunities.

. Developed talent.

Global Sourcing Director (2006-2009)

Medical Supplies, Pharma and Imaging, Patient Care & Safety and Finished

Goods

Managed over $750M in spend, supply chain activities and NPI covering

manufacturing sites across North America, Europe and Asia; managed a team

of 14.

. Provided leadership that helped generate savings of $35M, which included

developing category strategies, emerging market sourcing, outsourcing and

reducing working capital.

. Reduced supplier lead times by 10% through supplier development programs

and Kaizen events.

. Led supply mitigation efforts for key materials to protect the revenue

stream.

. Led a company-wide trade's payable initiative that improved free cash

flow by moving over $750M to 60-day terms.

. Developed talent.

Director of Procurement, Fibers and Personal Care (2005 -2006)

Managed $500M in direct materials for the Retail Diaper and Adult

Incontinence business; managed a team of three.

. Generated savings totaling $4.9M; identified over $11M in cost savings

opportunities to support a three-year strategy plan.

. Created an Upstream Purchasing organization that focused on new materials

and technologies.

. Initiated and led the development and implementation of a risk mitigation

program.

. Developed strong relationships with key functional managers that ensured

goal alignment throughout the supply chain.

Commodity Manager, Indirect Materials and Services (2004-2005)

Responsible for managing indirect spend in excess of $100M for all Tyco

Healthcare sites; managed a team of three.

. Generated savings of $2.5M for the combined areas of MRO, Travel, Office

Equipment / Supplies and Temp Labor.

. Led and participated in strategic sourcing initiatives that drove savings

and compliance; team leader for the "One-Tyco" commercial print strategic

sourcing initiative that provided Tyco International savings opportunity

of $6M.

Steven D. Kranz, C.P.M

Page 2 of 2

H: 508-***-**** ? C: 610-***-****

********@***.***

PROFESSIONAL EXPERIENCE (continued)

COVIDIEN (Formerly Tyco Healthcare Retail Group), King of Prussia, PA

2001-2004

Consumer Products

Purchasing Manager

. Directed the management of the raw and packaging warehouse; established

objectives, formal policies and procedures; managed six directs and 75

indirect reports.

. Using Lean concepts, provided leadership in transferring poly bag

inventory in excess of $1M back to the supplier; reduced WIP (point of

use) inventory by $300K; led the initial development and implementation

of a supplier managed inventory program.

. Initiated the development of a tracking spreadsheet for supplier signed

specifications.

. Implemented purchasing metrics for non-conformance materials.

PROCTER & GAMBLE (Acquired Tambrands), Cincinnati, OH

1997-2001

A Consumer Products Company

Senior Purchasing Manager

Developed and implemented upstream purchasing strategies and preferred

supplier agreements. Managed one direct report.

. Identified and developed suppliers for new material / product

introductions for the Baby Care Business; Negotiated and managed clinical

outsourcing agreements in excess of $100M for the Pharmaceutical

Business.

. Led and co-developed P&G's e-commerce business strategy

. Directed the categorization of materials which led to $6M in reverse

auction savings and over $11M in direct negotiations.

. Reduced supply chain costs by 10% prior to new material

commercialization.

TAMBRANDS, INC., Palmer, MA

1986-1997

A Consumer Products Company

. Positions included Global Sourcing Manager; Manager of Supply Chain

Integration; Purchasing Manager and Senior Buyer; managed a team of four.

Managed $50M consisting of packaging, injection molding, fibers and

capital equipment, indirect goods and services and corporate travel.

. Generated $15M in negotiated savings which included reductions in working

capital

. Led the implementation of a new sourcing system and supply chain programs

(EDI & bar coding).

EDUCATION

MS, Organizational Development, American International College,

Springfield, MA.

BS, Business, Barry University, Miami Shores, FL.

Associate, Arts, Miami Dade Community College, Miami, FL.

PROFESSIONAL CERTIFICATION

. Lifetime (C.P.M.) certification from ISM.

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