Foday F. Bayon, MBA
Erie, PA 16508
***********@*****.***
EDUCATION
Master of Business Administration in Accounting December, 2004
University of Phoenix, Phoenix, Arizona
Bachelor of Science, Business 1999
University of Indianapolis, Indianapolis, IN
WORK EXPERIENCE
Global Commodity Leader
2012-Current
GE Transportation, Erie, PA
The mission of the Strategic Sourcing team is to develop and implement a
constantly improving process of purchasing goods and services with the
required quality, delivery and cost to support Divisional and Corporate
objectives. Strategic Sourcing uses global leverage and technical
expertise to develop and execute long and short-term strategies that
include spend analysis, market analysis, competitive intelligence,
aggregation, synergy development, value added/value engineering, etc.
. Analyze spend data, develop & implement strategy, and provide
tactical support to help improve GE's Sourcing of direct material
spend and to achieve year-over-year savings as established by
Management.
. Work with the Engineering, Operations, and Global Commodity team to
identify viable world-class suppliers that can deliver appropriate
supply solutions.
. Communicate periodic results and manage top-level continuous
improvement with awareness of industry performance benchmarks and on-
going push to becoming a fully integrated lean organization.
. Developed and implemented localization strategies for specific
commodities to increase service level by 50% and decrease logistics
cost by 20%.
. Developed and implemented low cost sourcing strategies across two
commodities with annual savings for $2Million.
. Developed and execute long-term contracts with 3 strategic suppliers
each leading to 8% annual year over cost reduction.
. Led two second source projects that resulted in annual cost reduction
of $1.2million.
. Lead the overall effort to complete a make-vs-buy analysis for our
sourced components (including subassembly).
Global Sourcing Manager
2007-2012
Cummins Inc., Columbus, IN
Primarily responsible for all aspects of global strategy, sourcing and
spend of assigned commodities. The position reports to the Sourcing
Director and is tasked with the globalization of the supply chain for
assigned commodities, interaction with plants on driving improved supplier
performance, and development of global strategy for this commodity supply
base.
. Managed and direct Global Low Cost sourcing initiatives, including
identifying, developing, and qualifying potential suppliers (savings
average of 40% to 65% from current spend based on Total cost of
Ownership).
. Developed and negotiated 10 strategic supplier agreements, which
yielded 8% YOY cost reduction ($2.5Million) each contact.
. Provided leadership to the plants and the supply base in helping them
to continuously improve and optimize their capabilities.
. Developed and implemented a supply base rationalization strategy,
which reduced flexible hose suppliers from 20 suppliers to 5 through
the use of a process of evaluation that focuses on the overall
historical supplier performance indicators, including price, quality
and delivery.
. Led the overall effort to complete a make-vs-buy analysis for our
sourced components (including subassembly).
Business Unit Manager
2005-2007
Cummins Inc., Columbus, IN
The position involved direction, management, coordination and support of
production activities occurring in the plant: Inventory Planning and Supply
Chain Management. I was responsible for achieving desired inventory levels
and maintaining the accuracy of these assets, thus contributing to maximum
customer service levels for the plant. As a member of middle management,
individual interacts with all levels of organizations, especially as the
focal point for implementing supply chain management activities with
external customers and internal support teams.
. Developed curriculum and training materials for all union employees
within the Materials Department.
. Managed the activities of 25 employees, including 3 exempt employees.
. Trained employees on inventory management and team building
techniques.
. Administered safety training to new employees in the department
. Created and presented new working instructions to employees
Distribution Supervisor
2001-2004
Newell Rubbermaid Corporation, Freeport, IL
. Managed Inventory turns levels and lead efficiency in the business.
. Developed strategies and manage logistics to be world class at
delivering products and materials.
. Managed supply base transportation and consolidation to maximize
performance at the least possible cost.
. Led at work environment that promotes teamwork, flexibility, and
responsiveness working with the internal and external suppliers in the
continuous improvement for delivery and service level to Customers.
. Led continuous improvement efforts across several groups.
. Led the initiatives to maintain a safe workplace.
. Managed departments to achieve or exceed expense budget expectations.
. Solved complex problems across areas of functions using innovative
approaches.
. Led efforts to support Business case for diversity.
. Developed training materials for all new hires in the Distribution
Center
. Trained new employees on processes and procedures at the distribution
center
. Served as a mentor for new college graduates joining the organization
PROFESSIONAL MEMBERSHIP
Southern Management Association
2006-present
America Production Inventory Control Society
1999-Present
TECHNICAL SKILLS
Experienced in Microsoft product 2000: Excel, Words, PowerPoint and Access.
Experienced in Oracle and Minitab 14