TERENCE J. SCHROEDER

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

Cell 417-***-****

Mobile, Alabama 36695

ablx19@r.postjobfree.com

Summary of Qualifications

Dynamic strategic sourcing executive with proven results building high

performing strategic sourcing teams. Motivated leader with a global mindset and

a strong internal customer focus. Team player recognized for setting high

expectations, developing and executing global strategic sourcing strategies, and

delivering cost reductions.

Areas of Expertise:

Supplier LTA & Strategic Alliances

Supplier Selection and Development

LCC/Global Sourcing

Hiring, Assessment & Development

Cost Management/Reduction

Team Building & Leadership

Lean/Continuous Improvement

Commodity Strategies

Indirect/IT/Services Purchasing

Supplier Negotiations

Strategic Planning

Quality Improvement

Austal, Mobile, Alabama

2007 - 2010

A $400 million manufacturer of the new technology, Littoral Combat Ship (LCS)

and the Joint High Speed Vessel (JHSV). Austal was awarded JHSV Program in 2008

and is expected to win the 51 ship LCS Program the Summer of 2010. With the LCS

award Austal revenue is projected to increase to $1.6 billion in 2013.

Director, Supply Chain Management: Responsible to Vice President of Operations

for strategic procurement of $210 million in materials and services. Directed

staff of 4 managers and 15 supply management professionals with expense budget

of $1.9 million. Purchase volume will be $720 million in 2013.

Transformed Purchasing Department with standard D.O.D. bid approach into

Strategic Sourcing Team with cost management focus. Result: Improved customer

service, justified and hired Supplier Quality Manager, partnered with

Engineering to facilitate product development, achieved time lines for

productions of first ship, and generated cost savings on annual basis of up to

$9,000,000.

Formed Indirect MRO team, established capital equipment procurement position,

and served on executive team with oversight on contractor selection for

construction of new 421,000 sq. ft., $88,000,000 Lean Modular Manufacturing

Facility. Result: Completed facility in one year and under budget with savings

of $2,500,000.

Drove research, supplier selection process, system evaluation, and

implementation for first phases of IFS Enterprise Resource System in 8 months.

Result: Implemented Finance and Materials Modules per plan and achieved

objectives including electronic requisitions, RFQs, POs, receiving, and

invoicing.

Led Supply Management Team in aggressive approach to costing of purchased Bills

of Materials for JHSV Program using strategic cost management techniques.

Result: High confidence level costing, savings of $3,000,000 per ship, and

Austal was awarded the program and received the contract for the first 10 ships.

Led supplier support for final outfitting and sea trials involving revolutionary

technology and applications on LCS 2. Result: Achieved successful sea trials

and Commissioning of ship to U.S. Navy.

Managed development of commodity strategy and sourcing of aluminum plate and

extrusions. Result: Directed and negotiated 5-year contracts

with suppliers that locked-in pricing for three years with annual savings of

$400,000 and $800,000 per ship respectively.

Tracker Marine Group, Springfield, Missouri

2001 - 2007

A $525 million manufacturer and retailer of fishing and pleasure boats and part

of the Bass Pro Shops family of businesses.

Vice President of Materials and Logistics: Responsible to Senior Vice President

of Operations for strategic procurement of $375 million in materials/services

and $25 million in transportation. Directed staff of 1 director, 3

managers, and 13 supply chain professionals with expense budget of $1.3 million.

Implemented first formal Supplier Quality program in boating industry with

focused, Continuous Improvement (CI) efforts. Result: Reduced PPM defects to

1050 and warranty costs from $11,500,000 or 3.6% to $7,100,000 or 1.3%.

Utilized sourcing strategies for indirect materials and services using a Pareto

approach. Result: Generated savings of $240,000 on

natural gas per year and negotiated savings of $471,000 on CAD/CAM system

purchase.

Transformed Purchasing Department into Strategic Sourcing Team that changed from

a bid mentality to a cost management approach. Result: Achieved savings on 14

projects that totaled $3,779,000.

Developed and implemented strategic approach utilizing company-wide Lean Kaizen

team to streamline finished goods transportation. Result: Produced annual fuel

savings of $395,000, capital savings of $2,250,000, and annual savings of

$2,310,000.

Mercury Marine, Fond du Lac, Wisconsin

1992 - 2001

A $2.3 billion division of Brunswick Corporation, specializing in marine

propulsion systems.

Vice President of Procurement:

1999 - 2001 Responsible to President for strategic procurement of $587 million

in materials and services. Directed staff of 2 directors, 4

managers, and 35 purchasing professionals with expense budget of $4.4 million.

Directed on-going material cost reduction efforts. Result: Reduced costs by

$9,700,000 with additional cost avoidance of $8,700,000.

Targeted low performing suppliers and utilized Supplier Progress Review

scorecard.

Result: Improved on-time delivery performance from 86% to 91% and lowered down

time to record low of 255 out of 1,817,000 production hours.

Directed global sourcing strategy for next generation of low emission outboards

enabling new manufacturing strategy. Result: Generated capital savings of

$8,200,000 and annual cost savings of $21,400,000.

Developed and implemented upgraded Supplier Quality program that included

focused, formal, continuous improvement at problem suppliers. Result: Reduced

PPM defects from 12,798 to 2,620 and lowered the cost of poor quality due to

suppliers by 37%.

Standardized supplier payment terms, implemented electronic funds transfer (EFT)

and consigned inventory. Result: Reduced working capital by $16,200,000.

Senior Director of Purchasing, Outboard Business Unit and Central Sourcing:

1998 - 1999

Responsible to President of Outboard Business Unit for procurement of $413

million in materials and services. Directly managed staff of 40 with expense

budget of $3.4 million.

Directed material cost reduction efforts and revamped Global Sourcing Program.

Result: Achieved cost reduction of $5,100,000.

Developed strategic purchasing approach to indirect materials and services

segment including, staffing analysis, policy, research, source selection, and

contracts.

Result: Reduced costs by $2,700,000 with additional cost avoidance of

$2,350,000.

Developed and implemented outsourcing program including core competency

determination and make vs. buy analysis. Result: Saved annually $2,310,000.

Director of Purchasing, Outboard Business Unit: Responsible to President

1992 - 1998

of Outboard Business Unit for procuring $296 million in materials and MRO

supplies. Directly managed 44 purchasing and supplier quality

professionals with expense budget of $3.4 million.

Implemented cost management strategies. Result: Reversed annual 2% cost

increase to annual 2% cost reduction that saved $12,200,000 with cost avoidance

of $16,300,000.

Developed and implemented Purchasing System including Supplier Progress Review

module and EDI. Result: Improved on-time delivery from 20% to 86%.

Deere and Company, Waterloo, Iowa and Moline, Illinois

1979 - 1992

Held positions of Purchasing Manager, Global Purchasing Manager, Purchasing

Engineer, Manufacturing Engineer-Machining, Lead Project Engineer, Strategic

Planning Engineer, and Manufacturing Engineer-Assembly.

Education: BS degree, Mechanical Engineering, Iowa State University, Ames, Iowa,

1979

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