Lance Hedges
Cedar Park, TX 78613
512-***-**** (C)
*************@*****.***
Strategic Sourcing ( Corporate Development ( Project Management
Professional Summary
Driven strategic sourcing leader offers extensive experience and a
consistent track record in exceeding goals for large-scale projects,
fostering growth and delivering strong and sustainable gains in
customer satisfaction and cost savings in the areas of business
services and indirect spend. A self-starter with a proven ability to
conceptualize and implement innovative solutions and drive change
throughout organizations. Technologically competent, past
achievements demonstrate clear ability to utilize new, cutting edge
technologies as a means of updating processes/ systems. Highly
effective leadership and motivation skills support the development of
cohesive teams in the collaborative achievement of strategic goals.
Extensive experience partnering with influential business leaders
within and between successful organizations.
Core Competencies
Business Planning
Business Process Reengineering
Communication Skills
Contract Management
Creative Problem Solving
Database Management
Efficiency Improvement
eSourcing/ Reverse Auctions
Financial Analysis
Global Commodity Leadership
Influencing Skills
Leadership Skills
MS Office, SAP, Peoplesoft, Ariba
Negotiations and Cost Containment
Presentation Skills
Project Management
Request for Proposal (RFP)
Supplier Consolidation
Supplier Management
Team Building Skills
Professional Experience
ADVANCED MICRO Devices (AMD) * Austin, TX 10/2007-
7/2010
* Contracted through Volt Workforce
Lead source manager
Served as the global commodity leader responsible for developing,
advocating & implementing sourcing and negotiation strategies that ensured
supply, mitigated risk and managed cost for specific assigned categories of
marketing spend. Identified and developed strong internal business
alliances and external strategic supplier relationships. Lead cross-
functional procurement teams to drive cost savings and value generation,
ensured internal customer requirements were thoroughly identified and
suppliers selected in a manner that yielded the highest possible quality of
outcome and value. Stakeholder imperatives: maximized resources, global
alignment, and measured results.
. Annualized managed spend: $60 million, $5 million in cost savings.
. Global supplier consolidation effort resulted in 78% reduction in
approved suppliers
. Events Agency consolidation facilitated implementation of global quality
standards and generated $2.5- $3.5 million in annual direct and indirect
cost savings
. Team's efforts recognized as a Finalist in the 2009 ISM R. Gene Richter
Awards for Leadership and Innovation in Supply Management
Hilton Hotels Corporation Beverly Hills, CA 10/2001-
8/2007
SENIOr Manager Of Corporate Development 2/2006- 8/2007
Responsible for sourcing and negotiating the strategic supplier partner
relationships needed to address corporate goal of "fixing broken customer
experiences" in the fitness, restaurant and spa facilities of the 2,500+
Hilton Family branded resorts and hotels world wide (Hilton,
Waldorf=Astoria Collection, Doubletree, Embassy Suites, Hilton Garden Inn,
Homewood Suites and Hampton Hotels and Suites). First such program in the
hospitality industry to establish a Fitness solution across brand cultures,
service tiers, facility types and franchising
considerations. Project management also included designing the tools and
processes, drafting and evangelizing the standards, tracking and directing
the third-party installation schedule.
Lance Hedges, Page 2
. Sourcing efforts for the $55.5 M project yielded $5.5 M in
savings.
. Consolidation efforts resulted in a 75% reduction in
applicable suppliers.
. Hotel specific Customer Satisfaction scores increased 50% upon
concept installation.
. Succcess of project launch provided internal validation needed
to launch Restaurant and Spa concepting projects
. Named 2007 Deal of the Year at the Leisure Report Awards in
London.
Purchasing and Supply Manager 3/2003-
2/2006
Managed Hilton Supply Management's (HSM) property operations
procurement team (MRO, IT, Telecom, Facilities, Capital Equipment and
Fleet Management, etc). Charged with revamping purchasing processes
and improving national supplier relationships. Transitioned team a
from tactical, third party order placement model to a strategic,
supplier direct model, one that established and managed procurement
programs for the hotels to engage directly.
. Efforts resulted in a 50% reduction in tactical exposure and a 40%
increase in hotel participation in corporate programs.
. New programs generated in excess of $2 million dollars in
annualized savings.
. Senior management acknowledged success of the model by rolling it
out department wide for other purchasing teams to follow.
CORPORATE PURCHASING ANALYST 9/2001-
3/2003
. Supported the management and development of national consolidated
purchasing agreements for the HSM Food & Beverage team.
. Designed a database to track and analyze spend figures at the hotel
and corporate level; analyzed program cost effectiveness and
identified new savings opportunities.
. Managed the delivery of consumption reports to and the collection
of allowances from contract suppliers resulting in a 40% increase
in collection of monies owed
University Camps, INC Los Angeles, CA 10/1998-
9/2001
Manager of Operations
. Responsible for all administrative and program related business
operations for private, Los Angeles based non- profit organization
affiliated with the University of California, Los Angeles: UCLA
UniCamp.
. Managed supplier relations, including the: sourcing of strategic
partner vendors, maintenance of university program,
Previous Experience
WELLS FARGO BANK- Assistant Branch Manager, Scottsdale, AZ
1/1997- 9/1998
LA POSADA RESORT- Recreation Manager, Scottsdale, AZ
9/1995- 12/1996
Examples of Relevant Sourcing and Categorical Management Experience
Audio/Visual Equipment and Services
Capital Equipment
Consulting and Professional Services
Data Collection and Normalization
Event Management Services
Facility Maintenance Services and Equipment
Food & Beverage (F&B) Suppliers and Distributors
IT Hardware, Systems and Peripherals
Maintenance Repair & Operations (MRO)
Market Intelligence and Research
Merchandizing and Sales Support
Promotional Items and Collateral
Relationship Marketing
Strategic and Experiential Creative Services
Education
University of Arizona- Bachelor of Arts- 1995
Certifications
Certified Purchasing Manager (C.P.M.)- Institute of Supply Management- 2003-
2008
Professional Affiliations
INSTITUTE OF SUPPLY MANAGEMENT- LOS ANGELES
. Executive Vice President 2005-2006
. Director of Communications 2004-2005
References Available upon Request