Jung N. Lee
**** ********* *****, *******, ** ***77
C: 440-***-****, H: 440-***-****, **********@***.***
senior Procurement / purchasing Executive
Global Strategy Implementation ? Strategic Sourcing ? Multi-Million Cost
Savings
Dynamic record of contributions in all areas of global procurement
including strategic sourcing, supplier negotiation, project strategy,
strategic initiatives development, and building structure within
organizations focused on reducing cost, increasing quality, and overall
supply chain improvement. Extensive experience in manufacturing (custom
OEMs) and distribution, with product line experience ranging from metals
(aluminum, steel, hardware), consumer goods (electro-mechanical),
electronics/cables, plastics/resins, specialty glass/ceramics, and high
volume industrial components. Visionary leader with excellent communication
skills and the ability to unify divisions by creating a clear direction for
others to follow. Results-driven commitment to corporate objectives, yet
able to work independently and proactively to anticipate change and create
action plans. Highly motivated and eager to join an organization where I
can increase overall efficiencies and have an impact on the bottom line.
experience
CST Industries, Lexena, KS June
2009 - June 2013
Vice President, Procurement
. Responsible for leadership of procurement function for company,
development of commodity strategies, cost savings initiatives, contract
negotiations and implementation at division locations. Lead 2 Commodity
Directors and a Supplier Quality Assurance director. Provide leadership
for overall procurement and supply chain functions. Managed over $150MM
of annual raw material spend and $30MM of indirect spend for world leader
in complete storage solutions (bolted steel storage tanks and aluminum
covers). Responsible for development and mentoring of tactical purchasing
personnel at the manufacturing locations.
. Led 18 month project to re-source a problematic supplier of custom
machine, highly engineered parts resulting in re-sourcing and redesign of
parts to address all known quality and wear issues. Obtained 3 year
exclusive use of patented pin that extends the life of part. Negotiated
consignment agreement to hold 6 months of inventory while minimizing
inventory carrying costs while having parts available for immediate
shipment to customers. Negotiated 68% cost savings overall not including
inventory carrying costs.
. Led 2 year product development and negotiations for high temperature,
direct to metal epoxy coating. Developed and negotiated to add secondary
supplier to develop an improved coating that will enable the company to
enter markets previously closed to CST because of a lack of high
temperature, potable water compatible coating.
. Negotiated and implemented steel contract with exception for testing of
alternate steel and qualified multiple mills to extricate company out of
single sourced program with hostile supplier.
. Negotiated and implemented program to consolidate all hardware purchases
resulting in an initial $20% savings and Vendor Managed Inventory (VMI)
program cutting inventory carrying costs by 50%. Leveraging hardware
design and qualified supply base to drive standardization and overall 23%
savings.
Negotiated settlement with steel mill to recover costs of defective
steel resulting from change of steel mill due to single sourcing.
. Developed and deployed standard Procurement Project process that steps
through step by step the process by which a procurement project is
scoped, sanctioned, staffed and validated.
. Developed and deployed standard procurement processes and documents
(Supplier information packet, Supplier Audit, Terms and Conditions, Job
Descriptions for all levels of Procurement personnel to include key
skills.
. Lead companywide program to qualify finished goods to enable issuance of
NAFTA documentation in compliance with US Customs.
Avery Dennison, Mentor, OH Aug 2007
- June 2009
Director of Strategic Sourcing, Roll Materials Worldwide
. Responsible for development of global strategy for all polyester lining
to be used in labeling material.
. Led a team of 3 and successfully negotiated contract with single MRO
provider for all 27 North American locations for over 25,000 SKU's
resulting in a 25% cost savings as well as year over year savings goals
. Successfully negotiated $450K of "Committed Inventory" per contract to
just $27K.
. Developed a smooth transition plan for replacement of incumbent supplier
at 13 locations to in house resources as new supplier was being
implemented.
Whirlpool Corporation, St. Joseph, MI
Mar 2004 - Aug 2007
Director of Strategic Sourcing Solutions
. Responsible for Low Cost Country Sourcing (LCC), E-Sourcing, Strategic
Supplier Development (SSD), Supplier Diversity, and Integrated Supplier
Management (ISM). Responsible for embedding and driving these strategic
sourcing initiatives into everyday sourcing process used by Procurement.
Responsible for delivering savings through LCC and E-sourcing tools
Develop and implement processes, in conjunction with the International
Procurement Offices (IPO) in Shanghai and Delhi to accelerate sourcing of
competitively priced components. PMO for all NAR LCC projects. Global
. Procurement lead for Customs Compliance during focused assessment by U.S.
CBP. Lead team of 8 personnel including 5 managers.
. LCC sourcing in 2006 projected to increase YOY by additional $171M with
a '06 cash flow savings of $7.4M increasing total LCC spend to 27.4%.
Increased LCC sourcing from $97Million to $200Million with a cash flow
savings of $10.4 Million in 2005.
. Revised SSD process to accelerate timeline for SSD's without sacrificing
quality of outcome. Shortened process from 7 months to 4 months and have
up to 4 SSDs running simultaneously.
. Leveraged E-sourcing, LCC and supplier diversity into all SSDs and E-
auctions.
. Exceeded E-auction through put goal of $125M. YE actual is $214M
. Led effort to revise the EPT (Engineering Project Tooling) tool for all
LCC projects and won support from all product groups for its consistent
use amongst all product groups.
. For the first time, was able to get LCC and e-auction goals built into
Supply Base Management (SBM) groups' yearly objectives.
. Co-developed and facilitate Negotiations training and facilitate
Contract Law Training.
. Negotiated 3PL (3rd Party Logistics) with Expeditors and managed
transition from Maersk to Expeditors.
. Negotiated favorable contracts for Open Ratings and Metadata Assistant
on an enterprise wide basis.
. NAFTA and Customs Compliance - Developed, trained and implemented
processes for buyers for awareness, ensure compliance and to optimize
NAFTA eligibility of products.
. Developed cohesive global business requirements for all Whirlpool
locations and suppliers.
. Developed and facilitated on an on going basis, Negotiations Training to
all of Global Sourcing and Sales Organizations. Trained over 103
personnel in 2005 and 2006.
Anixter Pentacon, Allentown PA
Jan 2003 - Mar 2004
Director of Procurement
. Responsible for Procurement operations, Customs Compliance and Global
Sourcing for over 20 hub and spoke locations in US. Overcome 5 different
business systems, different/lack of processes, varied skill sets amongst
Procurement Managers/Buyers. Drive cohesive procurement strategies.
Develop and implement cohesive Global Sourcing strategies. Responsible
for overall cost savings/margin improvement. Lead a total of 22
personnel to include 6 managers. Responsible for $200MM total materials
purchases and over $55MM in inventory.
. Cost Savings/margin improvement - Estimated savings of $500K in 2003 and
$1.3MM in 2004 through leveraged negotiations.
. Turn around - Largest single customer went from dissatisfaction with
procurement leading to halting contract renewal process to customer
delighted with improvements and sustained improved services. Contract
renewed with improved terms.
. Development of Business/Commodity strategies to "right size" supply base
for overall improvement in cost, service, quality and manageability of
supply base. To align the overall business for supporting current
business as well as supporting future business growth.
. System conversions - conversion of 5 separate systems to the Anixter
business system. Completion of all 5 systems by April 2004 including
development, testing and implementation of MRP module.
. Optimized processes, allowing reduction in staff by 20% while improving
capability.
. Hired/trained and developed 3 managers and 3 buyers
Alcoa CSI, Crawfordsville, IN
Aug 1999 - Jan 2003
Procurement / Logistics Manager, Machinery
. Responsible for Distribution, Documentation, Global Inventory, Customs
Compliance and for Procurement Departments in Germany, NY and Indiana.
Drive global procurement strategies, eliminate waste and optimize
operations. Responsible for producing overall cost savings. Lead a
total of 26 personnel to include 5 department managers and 3 functional
managers. Responsible for $75MM total material purchase, $22MM global
inventory, e-commerce on both buy and sell side.
. Designed and implemented program to reduce lead time to
customers from 4 to 10 days faster and at 28% less total
cost.
. Global inventory of spare parts in 22 global locations
reduced by $4.1 MM in 2000 and $1.8 in 2001.
. The first Business Unit of Alcoa to have all Procurement
personnel trained and objectives built in to use on line
bidding on the buy side, produced 34% savings on spare
parts purchases.
. Over 80% of total purchase dollars are leveraged at
Corporate and local levels or on line auction.
. Produced over $1.4MM in savings in 2001 based on $14.5MM
local spend
. Consolidated supplier base by a total of 37% to attain
better leverage.
. Developed and implemented division Business/commodity
strategies.
. Deployment and continuous improvement of the e-commerce
site enabling customers to search for and buy parts via e-
commerce as well as for marketing excess inventory.
. Improved inventory accuracy from 85% to 99.4% within 8
months by implementing a more rigorous process. Optimized
processes, allowing reduction in staff by 15% while
retaining full capability.
. Hired/trained and developed 6 management level personnel.
General Electric, Transportation Systems, Erie, PA
July 1998 - Aug 1999 Proposal Manager / Business Development,
International Marketing
. Responsible for developing market share growth opportunities and action
plans to realize them.
. Responsible for marketing of custom built locomotives to Southeast Asia
(Vietnam, Thailand, and Indonesia) to include financing assistance.
. Developed and implemented regional action plans to target sales growth by
customer to actually win back lost sales. Market growth opportunities of
9% to 21% identified by region.
. Lead the effort in acquisition of a foreign company who had developed a
patented process that improves on GE's design as part of an overall
international growth strategy.
Pepsi Cola North America, Mesquite, TX
June 1995 - August 1997 Product Availability Manager (Warehouse,
Inventory and loading operations)
. Manage all logistical operations for the Mesquite facility, and provide
product to 10 satellite warehouses that supply all of North Texas and
parts of Oklahoma. Responsible for forecasting and production scheduling
of full goods and the ordering and scheduling of raw materials to meet
production schedule. Manage warehouse operations, transport loading,
transport drivers, inventory control and route truck loading. Source
products from sister plants for full goods not locally produced.
Supervise 6 salaried and 51 hourly personnel.
. Implemented controls and procedures which reduced Full Goods Shrinkage by
$1.3MM in the first year.
. Out of Stocks improved by 30% through overall system.
. Improved route truck loading accuracy by 50% over previous year.
. Managed a total annual operating budget of over $13 MM, finishing both
years ahead of plan.
Corning Inc, Corning NY, Greencastle, PA, Clinton, IL
May 1990 - June 1995, July 1997 - August 1998
Production Supervisor, Location Buyer, Foreign Sourcing Buyer, Project
Manager
. Managed purchasing of $28MM annual imports of finished goods for resale
market.
. Managed overall logistics involved in getting goods on time to meet
customer ship dates.
. Negotiated contracts that ensure an acceptable service level for quality
and on-time delivery from overseas suppliers.
. Negotiated a cost avoidance of 11.5% on a price increase of 15% down to
3.5% triggered by rising cost of stainless steel by devising creative
solutions in reducing supplier costs without compromising overall value
to customers.
. Negotiated to hold costs when industry prices jumped by 9% due to overall
material cost increases.
. Achieved total savings of 23% on contracts.
. Successfully transitioned to and implemented a fully integrated,
computerized purchasing, receiving, storeroom and invoicing system.
. Achieved ISO 9000 for Procurement Department.
United States Army
May 1985 - March 1990
First Lieutenant (Promotable to Captain), Hanau, Germany
Direct Support Maintenance Officer, Battalion Operations/Personnel Officer,
Platoon Leader
. Managed the daily operation of a maintenance facility servicing all units
within the 3rd Armored Division in Germany. Responsible for 120 mechanics
and technicians and for the timely and quality repair of equipment
ranging from M-16 rifles to M-1 Tanks.
. Received highest ratings ever achieved by unit in Division wide
inspections for service and performance, 9 of 11 areas rated as
Excellent, remaining at Acceptable.
. Established new procedures improving overall service levels by 25%.
eDUCATION
University of Colorado, Denver, CO - Bachelor of Science, Information
Science, 1985
Embry-Riddle Aeronautical University, Hanau, Germany - MBA - 70%
completed