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Procurement/supply chain professional

Location:
Painesville, OH
Posted:
April 30, 2014

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Resume:

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



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