TERRY B. WINCHELL
Sterling, IL 61081
Home 815-***-****
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Commodity Manager / Strategic Purchasing Buyer
Top performing purchasing professional with over 20 years of measurable
achievement in global sourcing and materials management. Strong analytical
ability combined with solid business understanding and interpersonal skills
to consistently achieve cost and profitability improvement.
AREAS OF EXPERTISE
. Commodity Strategy Development ( Strategic Sourcing
Process
. Supplier Analysis and Selection ( Cost Analysis
. Negotiation ( Contracts
. Inventory Reduction ( Project Management
CAREER PROGRESSION
WOODS EQUIPMENT COMPANY, Oregon, Illinois 2002 - 2009
$200 million leading independent manufacturer of quality agricultural
tractor and skid steer attachments, and construction ground engaging tools,
and provider of all-makes aftermarket agricultural and light industrial
parts.
Commodity Manager
Responsible for annual purchases of $17 MM for five manufacturing
facilities. Commodities include: drivelines, machined parts, castings,
bearings, gearboxes, hydraulic fittings and hydraulic hoses.
Responsibilities include: Supplier selection, consolidation and audits,
negotiation of long term agreements, inventory reduction programs, cost
reduction projects and resolution of delivery and quality issues.
. Used decision analysis process to restructure $5.6 MM in driveline
sourcing to three strategic partners, saving $1.2 MM.
. Increased low cost country sourcing and negotiated price reductions
with domestic suppliers to achieve $680,000 annual cost savings for
component parts. Additional $800,000 in machined casting savings in
progress.
. Collaborated with Design Engineering to reduce number of gearbox
castings 42%.
Terry B. Winchell Resume, Page Two
MGF INDUSTRIES, Rockford, Illinois 2000
- 2001
Wire drawing and rod processing facility employing 90 people servicing the
automotive and aerospace industries. Production plants in Illinois and
California.
Materials Manager
Responsible for controlling plant inventory levels and for the procurement
and timely delivery of $20 million in raw materials in a cost efficient
manner. Managed the Purchasing, Inventory Control, and the Receiving
Departments. Responsibilities include: ordering and releasing raw
materials, qualifying suppliers, negotiating prices, maintaining accurate
raw material records, obtaining quotes for new products, maintaining
supplier relationships, resolving invoicing and quality problems, and the
direct supervision of eight employees.
. Created new ordering system and reduced on-hand raw material inventory
from 18 to 8.1 million pounds while improving on time delivery.
NORTHWESTERN STEEL and WIRE COMPANY, Sterling, Illinois 1990 - 2000
$500,000,000 per year producer of rod, wide flange beam and hot rolled flat
angle and channel with production facilities in four plants.
Senior Buyer
Responsible for the procurement of $25 MM of materials for plant operations
and capital projects. Materials included castings, mill rolls, hydraulic
components, large custom fabrications, castings, custom machined parts,
electrical parts, electronic components and Outside Services. Duties
encompassed qualifying new suppliers, resolving delivery, invoicing and
quality issues, obtaining quotes, and recognizing and taking advantage of
new technologies and processes.
. Achieved $500,000 - $1 MM annual cost savings consistently through
resourcing material to new suppliers, negotiations, inventory
reduction, and process improvements.
. Reduced Central Stores inventory 30%.
. Helped design and implement automated requisition system.
. Implemented EDI and order auto faxing leading to paperless purchasing.
. Appointed by Senior Management to help acquire and install new 24"
mill.
. Elected Co-Chairman of Partnership Board, a coalition of union and
salaried employees to improve processes and communication.
EDUCATION
. CARROLL COLLEGE, Waukesha, Wisconsin - BA - Business Administration
. Continuing education classes for purchasing, computer skills,
electrical maintenance.