RUSSELL J. WAEGELIN
**** ****** *** ****: 248-***-****
Rochester, Michigan 48306 *********@*****.***
CAREER SUMMARY
Strong leader in commodity purchasing with an automotive Original Equipment
Manufacturer. Experience in global sourcing and cost reduction. Previous
experience in purchasing capital equipment, raw material and component
parts with an emphasis on cost savings, system optimization and Six Sigma
continuous improvement. Able to establish relationships and communicate
effectively at all levels. Good team leader, negotiator and process
expert. Other key strengths include:
Innovative Process Focused
Results Oriented Leadership
Business Acumen Financial Background
PROFESSIONAL EXPERIENCE
GENERAL MOTORS CORPORATION 2007-2009
Automotive Original Equipment Manufacturer.
Senior Buyer
Responsible for global sourcing and cost reduction activities for a
complex commodity with an annual purchase value of $1.5B. Over 1,500
individual part numbers covering six major categories and 13
technologies.
. Prepared and executed requests for quotation for global sourcing
packages.
. Negotiated pricing with multiple international and domestic commodity
suppliers.
. Prepared and presented sourcing recommendation packages to the
International Sourcing Committee.
. Conducted weekly Creativity Team meetings to review ongoing issues
with the Global Commodity Staff.
. Conducted weekly Enhanced Creativity Team meetings to identify and
execute cost reduction activities with a cross functional team from
purchasing and engineering.
. Organized, scheduled, and conducted on-site cost reduction workshops
with tier 1 suppliers.
ABB INC., Auburn Hills, MI 1994-2006
Tier one automotive supplier of robotics and automation systems.
Lead Buyer 1996-2006
Responsible for supply management for Paint Process and Body in White
divisions. Primarily engineer-to-order tooling and equipment, including
catalog component parts. Prepared project procurement plans and
identified areas for cost savings. Coordinated efforts for other buyers
within the supply management department.
. Averaged 10% to 14% cost improvement over five years through target
pricing, standardization, and emerging country sourcing.
. Reduced order-processing time by approximately 20% by implementing the
use of electronic requisitions in the JDEdwards ERP system.
. Improved Internal training of engineers and managers in the use of
JDEdwards, through on-going training courses and user support.
. Avoided the cost of an outside consultant by managing a version
upgrade of JDEdwards with available resources.
. Reduced wireless communication cost by approximately 40% by
consolidating the facility under a single cell phone provider with
negotiated shared use contract.
ABB INC. (continued)
Project Controller 1994-1996
Responsible for preparation of monthly financial reports, including job
cost-to-budget and estimates-at-completion for multiple design and build
projects. Worked closely with project managers to identify areas of risk
and opportunities for cost improvement.
. Expanded the use of subcontracting module, allowing for increased
control of cost recognition and contractor cash flow management.
. Increased the use of graphical reporting, improving the
understanding of project cost statements.
MORRISON KNUDSEN CORPORATION, Boise, ID 1979-1994
International Construction Company.
Senior Manager of Business, Moraine, OH 1992-1994
Managed all business activities for a fast track, design and build paint
facility construction project. Directed project accounting and
procurement. Prepared job cost reports and estimates at completion
reports.
. Implemented a job site, Unix based, computer network and cost tracking
system.
. Managed project cash flow through sale of accounts ( progress payments
) receivable.
Manager of Business, Sterling Heights, MI 1991-1992
Managed all business activities for a stationary warehouse management
project. Directed a staff of one accountant and four clerks. Approved
monthly financial statements, accounts payable and accounts receivable.
. Worked closely with IT manager finalizing implementation of
warehousing and distribution software operating system.
. Advised General Manager on issues of finance, labor, and safety.
Manager of Business, Irvine, CA 1986-1991
Directed accounting staff of two accountants and five clerks for Southern
California Area Office. Approved monthly financial statements, payroll,
and accounts payable for multiple civil construction projects with
average annual revenue of $75M.
. Reduced overhead labor cost by approximately 20% through the
consolidation of project staffing to a central location.
. Implemented standard processes, improving the efficiency of monthly
reporting and cost tracking.
Assistant Manager of Business, Indianapolis, IN 1985-1986
Chief Accountant, Decatur, AL 1984-1985
Chief Accountant, Las Vegas, NV 1981-1984
Field Accountant, Sikeston, MO 1979-1981
EDUCATION
BA, Business Administration, Boise State University, Boise, ID 1978
Also have 15 hours of additional Accounting courses, UNLV, Las Vegas, NV
1981-1982
OTHER ACCOMPLISHMENTS
Eagle Scout
Boy Scout Leader
. Organized new Cub Scout Pack 1997
. Vice Chair of Program, Ojibwa District
2001-2004
. Round Table Staff, Ojibwa District
2004-Present
. Troop 123 Committee
1996-Present
. Ojibwa District Award of Merit
2007
. Silver Beaver Award, Clinton Valley Council
2008
FIRST Robotics Mentor
2001-2007