Sr. Manager of Purchasing

Louis Raimondi, C.P.M.

**** ********** *** ********, ** 08690 Home 609-***-****

*****-******@*******.*** Cell 732-***-****

CAREER SUMMARY : Certified Purchasing Manager (C.P.M.) with over 20 years of extensive domestic/international Purchasing and Contracting experience for fortune 500 companies. Hands-on managerial experience in all phases of Procurement/Contracts management. Specialized in Cost Reduction/Process Improvement and Lean Manufacturing Projects to improve Supply Chain performance. Proven track record for negotiation, saving millions of dollars annually. Backed by a business degree, NAPM/APICS training, proficient in Supply Chain Management practices, Legal/ Contracts, managing Staff, multiple projects and Subcontractors.

EXPERIENCE:

Thales Avionics Inc., Aviation Repair and Distribution Center, Piscataway, NJ 2005 to Dec 2017

Senior Manager of Purchasing, Aerospace Services Worldwide (ASW), Operations Department

Managed and supervised a Purchasing team, responsible for the procurement and contracting of assemblies, piece parts, indirect materials, Cap-Ex, Services, IT and Facilities. Developed/lead Procurement and Sourcing Strategies, Managed and maintained the Approved Supplier List (SRM) and PO pricing for all external Suppliers. Created, documented and maintained all Purchasing procedures, established and enforced the Delegation of PO Signature Authority. Lead and negotiated all Contracts for Indirect Procurements, equipment, services and overhead.

•Locally Sourced over 1500 Part numbers, lowering Production pricing - Saving over $2.4MM

•Formalized/created the entire Indirect Purchasing Department processes and procedures

•Developed SAP Purchasing automation for Indirect procurement/PO Signature Authority and KPI’s

•Seamlessly executed and negotiated over 20 Contracts/Agreements for Facilities, IT Services each year

•Successfully managed Approved Suppliers (SRM), departmental budgets, training to staff/requestors

•Drove Lean/Six Sigma projects- set up Web Ordering, Vendor Managed Inventory, TUG Robot, AutoScan

JDS Uniphase, Optical Networks for Telecommunications/Cable TV industries, Ewing, NJ 2003 to 2005

Procurement and Planning Manager, Operations and Special Products (SP)

Responsible for the procurement and planning of electrical/mechanical components and assemblies. Coordinate and manage the BOM structure, costs, suppliers and schedules to meet stringent special customer requirements. Project manage and lead the SP staff through implementation, build cycle, qualification and final test phases.

•Successfully managed and drove all new product launches, under budget and on time

•Negotiated procurement savings with the Supply base and effectively managed the change orders

•Streamlined the BOM by consolidating Suppliers and combining purchases – across several different product lines

•Consistently delivered highly specialized “one off” complex assemblies and network systems with complete satisfaction

Princeton Optronics, Optical Components Assembly, Mercerville, NJ 2001 to 2003

Strategic Purchasing Manager, Materials and Inventory Management

Manage, procure and negotiate all contracts for direct/indirect materials, services and facilities. Create and maintain the BOM for all Optical products. Source, develop and qualify new Suppliers to support R&D, qualification and production. Implement and drive cost reductions to obtain lowest total cost of ownership. Manage direct reports in Purchasing and Inventory while ensuring material availability and stockroom control.

•Achieved a 44% BOM cost reduction through spec/volume negotiations, process improvements and alternative materials

•Reduced cycle time and lead times to shorten the Supply Chain of critical components

• Streamlined Purchasing Part Numbering for improved system tracking and identification

•Created requisition and purchasing policies to ensure compliance and traceability

Motorola, Inc, Personal Communications Sector, South Plainfield, NJ 2000 to 2001

Category Purchasing Manager, Strategic Sourcing for New Product Introduction (NPI) - Cellular devices

Lead, negotiate and manage the Global Supply Chain for the development of New Wireless technologies. Support the Design Team with Early Supplier Involvement, design optimizations and cost reductions through spec/volume negotiations. Strategic Sourcing coordination of components/assemblies with the Global Supply Team to ensure part qualification, material availability and Supplier production capacity. Manage and initiate tooling requirements and contracts to meet prototype, ramp, production and final build schedules.

•Achieved a 21% Bill of Material cost reduction through volume and spec negotiations, process improvements, common part plat-forming and alternative materials

•Coordinated the Global Supply Chain to secure tooling/production capacity per the business plan and schedule

•Successful New Product Launch without Material shortages - 100% platform and device qualification per the timeline/customer requirements

Lucent Technologies, Consumer Products, R&D Center Telecommunications, Eatontown, NJ 1998 to 2000

Category Purchasing Manager/Global Purchasing Organization

Support R&D for materials procurement, new product introductions and Engineering runs. Lead Commodity teams and Buyers through the year end negotiation process, perform source selection and award $50M + dollars in component purchases. Participate and lead cross functional teams on value added projects and cost reductions. Support and qualify new suppliers for R&D/development efforts and function as the Purchasing team lead across several commodity and product lines.

•Year-end negotiations and value-added projects yielded over $5M in savings (10% savings vs. 6% budgeted target)

•Identified and developed new lost cost, high quality suppliers to support cost reductions

•Presented value added opportunities to Project teams lowering BOM costs

•Developed processes to streamline procurement of R&D component purchases

Lockheed Martin, Formerly General Electric Astro-Space, East Windsor, NJ 1990 to 1998

Subcontracts Manager/Senior Sourcing Agent, Aerospace Division

Responsible for the negotiation and procurement of critical components and technically complex major subcontracts. Evaluate and monitor subcontractor cost/schedule performance to meet program objectives/milestones. Lead team counterparts through the administration/negotiation process and present contract status/schedules to the program office. Knowledge of Federal Acquisition Regulations (FAR) and trained in Government procurement practices.

•Numerous Lockheed Martin “Incentive awards” received for meeting contract delivery milestones

•Rank #1 for largest percentage of dollars spent with Small Disadvantaged Businesses (SDB)

•Rank #1 in the Purchasing Organization with the lowest Material Request to Purchase cycle time

•Received General Electric’s “Extra Step” incentive award for a product substitution - yielding significant savings, shorter lead times and eliminating minimum buy requirements

•General Electric ‘s Buyer of the Quarter for Small Disadvantaged Business program

•Monthly awards received for lowest cycle time, dollars spent with SDB’s, and # of line items placed

Mount Lucas Associates, Commodity Trading/Brokerage, Wall Street, NY /Princeton, NJ 1984 to 1990

Commodity Broker/Trader – Series 3 and Series 7 licensed

EDUCATION AND PROFESSIONAL DEVELOPMENT

Purdue University, West Lafayette, IN, Bachelor of Science in Economics, May 1984

PROFESSIONAL DEVELOPMENT, C.P.M. Certification, NAPM/ISM Training, APICS Materials Management, APICS Supply Chain Management, Negotiations workshops, Legal/Contracts training, Cross Functional and Staff Management

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