Manager Supply Chain

Joel K Gaustad

***** ***** ** **, **** Rapids, MN 55448

Home - 763-***-****, Cell 612-***-****, Email - ***********@*******.***

PROFESSIONAL EXPERIENCE

FARIBAULT FOODS, INC, Faribault, Minnesota, April 2008 - current

Senior Director of Sourcing

. Lead the buying organization in sourcing $150MM+ of raw materials

(ingredients and packaging), indirect materials and services, and

finished goods to procure at the lowest cost, highest quality, and

best service.

. Manage the implementation of a MRP (Material Requirements Planning)

module in the company's ERP system (JD Edwards).

. Provide economic forecasting/modeling on major commodities to the

entire company and focus the Sourcing team's direction to utilize

market movements in the creation of sourcing strategies and hedged

positions.

. Optimize the Sourcing efforts of the organization to drive consistent

cost savings and cost avoidance to benefit the company's bottom line,

and have consistently delivered savings of over 5% of annual spend

each fiscal year and have developed a culture in the Sourcing

organization of achieving the financial bottom line.

. Leverage the dry edible bean buying position of the organization

through strategically partnering with the US Dry Bean Council and

promoting the company as the premiere private label option for canning

dry edible beans.

. Continually develop the framework of the entire Sourcing organization,

which includes creating all purchasing policies, standard operating

procedures, supplier approval documentation, contract templates and

legalese, and new item processes.

. Provide leadership and guidance to buyers and expeditors, and

implemented a performance-based tracking system for career fulfillment

within the organization.

. Drive buyers to focus on operational excellence and to enable lean

manufacturing processes whenever possible.

LUND FOOD HOLDINGS, INC., Edina, Minnesota, November 2006 - April 2008

Senior Purchasing Manager

. Provide leadership, direction, and management for the execution of

sourcing strategies of all ingredients, packaging, and indirect items

and services for LFHI's production facilities.

. Leverage key corporate purchases for LFHI's 21 retail stores by

partnering with "best in class" suppliers.

. Implement process improvements across all purchasing/receiving/quality

activities at LFHI production facilities.

. Support capital investment decisions through process and procurement

analysis, specifically focusing on capital planning through TCO

analysis on packaging, process equipment and raw materials.

. Achieved annual cost savings of $1.1 million in raw material COGS

reductions (goal was $600,000).

. Represent LFHI's Procurement leadership as a core team member for a

newly-implemented production, planning, and ordering software system

(CBORD).

. Created ordering, tracking, and legalese for LFHI's central facilities

purchasing process.

. Generated $200,000 cost savings opportunity in label procurement.

NOVARTIS NUTRITION CORPORATION, St. Louis Park, Minnesota, August 2005 -

November 2006

Strategic Sourcing Associate Director

. Responsible for the procurement, quality, and service of direct

materials & indirect materials and services for the Medical Nutrition

division of Novartis, totaling over $250 million annually.

. Managed direct material productivity initiatives of $7.2 million for

2006, indirect productivity initiatives of $3.0 million.

. Restructured the indirect sourcing process to comply with Sarbanes-

Oxley regulations and requirements.

. Provided training to 7 buyers and 8 support employees to optimize the

sourcing process from procure-to pay.

. Aligned with several internal Novartis departments to decrease

inventory costs, reduce new product launch cycle time, coordinate cost

savings goals with R&D, and develop fundamental financial analysis of

sourcing goals and objectives.

HONEYWELL, INTL., Golden Valley, Minnesota, October 2004 - August 2005

Commodity Manager

. Procured and drove sourcing strategies for packaging, MRO-industrial

supplies, chemicals, service contracts and global technology for

Honeywell's ECC division.

. Drove productivity initiatives in MRO supply integration at 5

Honeywell factories for an estimated $350,000 in annual cost savings.

. Directed supply optimization strategy of label procurement from 25 to

2 vendors.

. Responsible for process change in MRO procurement through a crib

supply integration in a unionized factory.

GENERAL MILLS, Minneapolis, Minnesota, May 1999 - September 2003

Commodities Buyer, May 2000 - September 2003

. Managed $120+ million annual spend in key commodities and specialty

ingredients.

. Employed price risk management strategies for corn and soy futures &

options traded on the Chicago Board of Trade.

. Realized a $3MM+ savings in GMI's corn sweetener spend through a bid

process and negotiated toll agreements.

. Partnered with egg supplier to generate savings of $1.2MM of GMI's egg

spend.

. Managed a Flavor Partners program that focused on strategic partnering

with key flavor suppliers.

. Created a $15 million freight consolidation program that capitalized

on GMI's logistic capabilities.

. Trained buyers and managers on an e-commerce forecasting tool.

. Coordinated a reverse auction strategy with national e-commerce

company that saved $500,000 in raw material costs.

Buyer/Logistics Intern, May 1999 - August 1999

. Researched and recommended a sourcing strategy for GMI's 2 million

pound purchase of tomato paste.

. Created cost savings analysis and template that helped generate a $2

million logistics savings opportunity.

ARIZONA STATE UNIVERSITY, Tempe, Arizona, September 1998 - May 2000

Teacher Assistant

. Provided lecture and small class instruction to over 600

undergraduates per semester in a finance course at ASU.

. Offered tutoring services to undergraduates in all aspects of Finance.

TRANSAMERICA DISTRIBUTION FINANCE CORPORATION, Chicago, Illinois, 1993 -

1998

Field Manager

. Managed a 4-state Midwestern territory, overseeing 5 auditors and 200

commercial accounts.

. Responsible for auditing key inventory accounts, with monthly

outstanding balances over $20 million.

. Earned "Management Award" for top performance in 1995, resulting in

savings of $300,000.

EDUCATION

Masters of Business Administration, Supply Chain Management, 2000

Arizona State University

Bachelor of Arts, Psychology, 1991

Princeton University

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