Procurement, Sourcing, Purchasing, Global Sourcing, Global Procurement
Resume:
Deval Joshi
Phone: 630-***-****
Naperville, IL 60565
******@*****.***
Experience
Milton Industries,Inc. Chicago, IL
Director – Global Procurement & Supply Chain Mar 2015 – Dec 2015
Leadership responsibility for setting the strategic direction and policy for the Procurement organization, Supply Chain, Inventory and Product Marketing
Fully documented and substantially improved the sourcing processes and documentation, and created a Sourcing Council to review sourcing projects
Introduced and implemented 3 – 5 year Category Strategies and Critical Supplier Strategies, working in coordination with internal customers
Fully developed and sourced 3 new product lines worth $5M additional revenue in year one
Restructured the Sourcing Organization to empower the development of category expertise, allow for scalability, and enhance performance
Improved cost reductions from a traditional rate of less than 1% to 4.4% in year one
Managing the total global as well as domestic spend of the company and influencing significant spend in Least Cost Country sourcing
Leading source selection and cost reduction using a total cost of ownership model, including such factors as piece price, tooling, logistics, working capital impacts, time fence, duties, currency effects, and labor costs
Driving Least Cost Country sourcing through the regional Purchasing and Supplier Quality team
Increased inventory turns ratio from 3 turns to 9.8 in year one
Deployed team at supplier to improve and sustain supply chain performance with a captive supplier and managed as an extension of the company
Hospira, Inc. Lake Forest, IL
Global Procurement Manager – Medical Devices & Consumables Apr 2014 – Mar 2015
Lead strategic sourcing strategy execution acting as a liaison between R&D, Project Management, Quality and Procurement in a matrix organization
Drive cost reduction projects across cross functional teams ensuring adherence to regulatory authorities, quality processes and procedures as well as project timeline to maximize profitability
Program management responsibilities for projects for mitigation of cost increases, alignment with sourcing strategies
Procurement leader for two critical medical devices projects submitted to FDA in 2014 and 2015
Navistar, Inc. Warrenville, IL
Global Procurement Manager July 2012 –Oct 2013
Promoted to Global Procurement Manager leading teams of experts to strategically drive the Category/Component Management Teams with buy over $700M for the organization
Lead CMTs (Category/Component Management Team) with Global business prospects based on short and long term sourcing strategies. Cost reduction initiatives at team best totaling $37M achieved during tenure.
Manage teams of Sourcing managers domestically leading Castings and Machining (Truck & Engine), Electrical, Transmissions & Clutches, Camshaft, Crankshaft, Remanufacturing, Gears and globally in China, India, Israel and Mexico
Interface with China, Mexico, Brazil, Israel and India offices to cover all best cost country sourcing opportunities and leverage strengths and relationships in global markets
Interim General Manager of sourcing office for India office during Mahindra joint venture dissolution
Travel overseas on extended assignments to manage and oversee the transition from Mahindra sourcing service to in-house sourcing team development and personnel hires
Expedite setup and hiring of staff in Navistar India office due to personnel reduction with Mahindra service. Offered expatriate assignment in India for two years.
Visit China, Korea, Canada, Israel, Russia, Mexico and India for global sourcing opportunities
Navistar, Inc.
Global Sourcing Manager – Brakes & Wheel Ends April 2010 – June 2012 Parts Procurement Group
Promoted to Purchasing manager responsible for managing Brakes and Wheel End components team with spend over $270M
Negotiate multiple strategic Supply Agreements with supply base for year over year savings, raw material clauses, service pricing similar to production pricing, rebates, among other value targets for the organization. Follow established ISDM process for supplier selection with full Total Cost of Ownership (TCO) financial model to gain approval from Sourcing Council headed by leadership from cross-functional groups within the organization
Created lucrative purchasing strategy for industry-first brake drum recycling program. Assembled a core team with functional experts and leading the project towards pilot launch in 4th quarter 2012. Project NPV $40.2M
Launched multiple private label product lines with offshore suppliers with proven quality and delivery performance for cost reduction, margin improvements and growth. Total savings realized at $35M bottom line
Fiscal 2012 midyear cost reduction execution at team best $8.1M. Exceeded goal for FY12.
Resourced products out of troubled, uncompetitive suppliers locally and globally for cost reduction and profit margin improvements
Developed strategy and launched International branded brake drum for use in service. After 1 year of successful quality, delivery and pricing performance by the supplier, these drums are introduced as first fit on Navistar vehicles
Avoided multiple cost increases via negotiations. Negotiated direct sourcing from US suppliers’ offshore facilities to avoid overhead costs by sourcing locally
Executed global resourcing activities that yielded over $6.5M cost savings and profit margin improvements with global supply base.
Integral part of Component Management Team. Voiced concerns and helped team avoid a potential $6.3M overpay on current sourcing strategy
Received multiple Service Parts Excellence awards for outstanding results for cost reduction and quality and delivery improvement. Also awarded Significant Contribution award for recovering warranty money from supplier and instituting warranty improvement tracking with potential penalties with supplier
Negotiate currency exchange agreement for Mexico suppliers to smooth out exchange fluctuations over time
Leadership and participation in supplier selection processes with cross functional entities including but not limited to production purchasing, finance, supply chain, engineering, manufacturing, quality, etc
Navistar, Inc.
Sourcing Manager – Chassis Jan 2008-April 2010 Truck Production Purchasing Group
Responsible for managing and sourcing supply base for undercarriage components team (axles, drivelines, transfer cases, etc.)
Responsible for approximately $352 million in annual purchases over multiple suppliers
Developed and executed multiple long term strategies for commodities within the office
Executed sourcing strategies to achieve flexibility, quality, cost improvement and delivery
Managed resourcing activities from RFQs to pilot involving cross functional entities along with affected parties including other suppliers
Developed and executed contingency planning in event of plant closures
Originated and implemented cost reduction ideas totaling over $3.9M
Resolved a variety of supplier issues including stop shipments, long-term contracts, quality concerns, and provided support to all functions for supplier management
Avoided and negotiated price increases from multiple suppliers
Focused on relationship development with supplier, mutual growth, and long-term partnerships
Coordinated activities with different business units (engineering, manufacturing, quality, logistics, finance, marketing, sales) to ensure cross-functional alignment
Negotiated long-term agreement with supplier in order to achieve stability and development of a long-term strategic partnership
Proficient in Microsoft Office Suite including Word, Excel, PowerPoint, Access
Navistar, Inc.
Control System Engineer Nov 2005 – Jan 2008 Engine Electronics Group
Led design and validation team for diagnostics tests for engine controls
Key member in Sourcing Commodity Team for engineering inputs for ECU’s, turbochargers and aftertreatment components. Provided valuable inputs for a cross-functional sourcing decision following organization’s ISDM processes and Sourcing Council approvals
Evaluated potential suppliers and designs for sourcing and research and development team
Program management of goals and deliverables for different engine platforms
Aided in developing and implementing new product development process
Collaborated with system design teams to develop vehicle communications and aid in system design/development
Managed three different protocols on over 8 different engine products
Collaborated closely with customer to satisfy technical and development process requirements
Developed specifications, prints, FMEAs, and DVP&Rs
Motorola Inc Deer Park, IL
Embedded System Engineer Feb 2002 - Apr 2005
Analysis, design, implementation and validation of GM OnStar project.
Design and development of vehicle and content theft prevention and notification from previous generations of OnStar
Aided in Supplier Quality development and problem resolution
Regular cadence with customers and suppliers for requirements clarifications/amendments, project planning and status, checkpoints negotiations, deliverables, requirements submission status
Education
UNIVERSITY OF ILLINOIS – Urbana-Champaign Urbana, IL
Bachelor of Science in Computer Engineering Dec 2001
Activities/Affiliations
Institute of Supply Management
Institute of Electrical and Electronics Engineering
Karrass Effective Negotiations
Indian Student Association – Student Coordinator
Society of Automotive Engineers
LEADS – Leadership Training & Certification
Languages
Fluent in spoken and written English, Hindi, Gujarati and basic understanding of Sanskrit
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