Paul J. Kennedy, C.P.M.
Versatile, results-driven, and highly accomplished Purchasing/Procurement professional with extensive experience sourcing, developing and purchasing raw materials while implementing cost reduction strategies to improve bottom line. Proficient in working across diverse cultures and economies while developing performance-based, low-cost solutions through aggressive negotiations with new and existing suppliers. Adept at interacting with domestic and international manufacturers to negotiate pricing, streamlining operations to improve bottom-line, and conducting research to determine trends and market values. Key strengths and relevant skills are as follows:
Purchasing & Sourcing
Supply Base Reduction
Supply Chain Management
New Product Launch
Working Capital Turns
Cost Benefit Analysis
Innophos Incorporated Global Commodity Manager 2014 – 2018
Responsible for all Supply Chain and Purchasing activities while serving under the Vice President of Purchasing to meet cost objectives of raw materials, MRO materials, and services for 6 manufacturing facilities.
Performs multiple complex purchasing projects to completion on a timely basis.
Significantly reduced supply base by 21% through implementation of strategic sourcing and cost reduction strategies for over $5MM in raw materials, tooling, components, MRO, and service purchases.
Successfully negotiated over $21MM worth of capital equipment purchases and plant expansions, which resulted in saving $3.36MM for the capital projects.
Successfully facilitated and served as the Project Manager to a third-party service provider for the outsourcing of all the plants MRO storerooms.
Bridgestone Metalpha USA Incorporated Corporate Purchasing Manager 2012 – 2013
Lowered raw materials, component and capital purchase costs by $4MM through development and implementation of cost reduction strategies for $112MM in purchases.
Achieved over $8MM in savings and cost avoidances by overseeing the $100MM product and plant expansion and negotiating over $45MM in capital equipment and general expansion costs.
Produced annual savings and cost avoidances of $1MM in MRO commodities by conducting market studies to understand where dollars were being spent and provide improved pricing.
Gerdau Ameristeel Incorporated Procurement/Materials Manager 2007 – 2012
Reduced material purchase costs by 7% two consecutive years by initiating cost reduction strategies for $170MM in purchases.
Increased dollars spent with preferred suppliers from 5% to 67% by executing national contracts.
Accrued annual savings and cost avoidances of $12.8MM through market studies for commodities.
Negotiated over $32MM of capital equipment purchases and avoided $3.2MM in costs.
Facilitated the plant implementation of Maximo inventory control software and SAP 6.1 (SRM) procurement and ERP software.
Briggs & Stratton Corporation Divisional Supply Chain/Purchasing Manager 2002 – 2006
Reduced supply base by 36% within two years and directed logistics/relationships to expedite and ensure quality for 20 new product launches.
Re-negotiated current supplier contracts, introduced quality audits, and conducted commodity market tests, achieving over $10MM of cost savings.
Saved $5MM in costs by negotiating over $50MM worth of capital equipment projects.
Facilitated the plant implementation of SAP 4.5 (SRM) procurement and ERP software.
WOCO/Michelin Automotive Incorporated Director of Materials North America 2000 – 2002
Championed Lean Manufacturing and Six Sigma projects encompassing Kan Ban, supplier pull, vendor-managed inventory, and logistics sequencing which reduced rubber compound material lead time by 21 days.
Spearheaded Value Analysis/Value Engineered (VA/VE) and Kaizen activities with suppliers, improving product value and reducing overall costs by 15%.
Localized over 50% of European component purchases and reduced transportation costs by 15%.
Negotiated three-year contract with Canadian Auto Workers Union which avoided major labor and supplier expenses.
ADDITIONAL RELEVANT EXPERIENCE
Magna Interior Systems Purchasing Manager
Excel Industries Incorporated Materials Manager/Corporate Purchasing Manager
GKN Automotive Incorporated Senior Buyer
EDUCATION AND DEVELOPMENT
B.A. in Business Administration and Management
Minor in East Asian Business/Japanese Language
Certified Purchasing Manager (C.P.M.)
Institute for Supply Management (ISM)
American Production Inventory Control Society (APICS)
Senior member of Society of Manufacturing Engineers (SME)
Member of Society of Automotive Engineers (SAE)
Executive of the Year - Murray, Kentucky, 2005
Honorary Kentucky Colonel – Presented by Governor, 2005