Jeremy Townsend
***** ********* **, *********, ** 38002- 901-***-**** (C) - ********@*****.***
Summary
Managing Director of Next Step Innovations, LLC as of August 2017. Business model includes assisting start-up companies with setting up different aspects of the supply chain, including planning, sourcing, and purchasing functions. Versatile leader also partnering with contract manufacturers to accelerate new business development and set up turn-key programs.
Highlights
•Global and strategic sourcing
•Inventory control
•Relationship building
•Contract negotiations
•Sr. Leadership Supply Chain team member
Cross-functional collaboration Cost reduction and containment Project leader Multi-site direct reports OMTEC board member
Experience
Wright Medical Technology
Senior Manager, Global Supply Chain
Memphis, TN
April 2014 -July 2017
Responsible for over 90 Million Dollars of production supplier spend in 2014 and over 70 Million
Dollars in 2015
Managed a team responsible for reducing Raw Materials, Components, and WIP by 25% via
installing stocking agreements, quality agreements, and Vendor Managed Inventory initiatives
Managed Procurement department that has gained over 3 million dollars in positive PPV
(purchased price variance to standard cost) for 2 consecutive years
Responsible for managing a 1.1 Million Dollar department budget
Implemented a Strategic Supplier program to reduce the supply base from 150 transactional
suppliers to 16 strategic suppliers that encompasses 80% of the annual spend
Led a HPMS team (High Performance Management System) to decrease Time To Market for the
supply base from 26 weeks to 6 weeks for our top brands
Installed a new planning system, Rate Based Planning, on site at our high volume suppliers
Member of OMTEC board
Member of Sr. Leadership team to properly align departments cross-functionally and to
strategically position the department for future development
Wright Medical Technology Sr. Manager, Strategic Sourcing
Memphis, TN
October 2013 - April 2014
Built new team of buyers and planners after the Microport divestment
Responsible for new contract negotiations, policies, and procedures
Team leader for project to lower raw material and other commodity costs by establishing supply
agreements and quality agreements with core supplier base
Wright Medical Technology April 2007 -Oct 2013
Senior Procurement Specialist
Arlington, TN
•Procured all extremities implants and instruments
•Title changed from Procurement Specialist I to Procurement Specialist II in 2009 and to Sr. Procurement Specialist in 2011
Medtronic Sofamor Danek Apr 2005 - Apr 2007
Senior Buyer/Planner
Memphis, TN
•Responsible for buying customs and specials production instruments and implants
•SAP implementation core team member
Raytheon Aerospace Nov 2001 - Apr 2005
Contracts Analyst Procurement Specialist
Madison, MS
•Negotiated and administered addendums to Navy and Air Force Government contracts for training sites in the US and OUS
•Procured MRP and non-stock inventory for all departments
Education
University of Alabama 1994-1999 Bachelor of Science: Management
Tuscaloosa, AL, USA
Coursework in Business, Management, Marketing, and Leadership