Management Technology

FRANK M. HUGHES JR.

**********@*****.*** Glen Rock, New Jersey 07452 201-***-****

www.linkedin.com/in/fmhughesjr

SUMMARY

STRATEGIC TECHNOLOGY SOURCING SPECIALIST

Strategic Technology Sourcing Professional, with expertise in supplier management, and relationship building.

Dynamic, focused and team-spirited negotiator, providing management with well thought out strategies.

Proficient at cost analysis, budgeting, stakeholder requirements, and forecasting vendor savings opportunities.

Adept at identifying, assessing, and addressing business, financial, technical, supply chain, and global operating risks.

Trusted advisor, managing the full life-cycle of multiple projects, solving problems quickly, creatively, and practically.

Motivates others, delegates tasks effectively, listens attentively, welcomes responsibility, and sets organizational goals.

KEY SKILLS

Strategic Sourcing Manages High Value/High Risk Sourcing Contract Negotiation

Software Sourcing Hardware Sourcing & Maintenance Consensus Building

Supplier Management Implements Budget & Financial Controls Communication Skills

Logistics Management Negotiates Sustainable Hard Savings Engages Consultants

EXPERIENCE

JPMORGAN CHASE, Corporate Technology Strategic Sourcing 2003 – 2016

Vice President, Strategic Sourcing Specialist

Sourcing professional, supporting JPMorgan Chase businesses and technologists in US, EMEA and APAC.

Negotiated transactions and logistics, providing high-value, discounted software to JPMorgan Chase (JPMC) operating units, globally.

Initiated software transactions with new suppliers, bringing emerging technologies to JPMC.

Drove lower pricing by executing reverse auctions between suppliers.

Mined expense data realizing cost savings by consolidating both hardware & software purchases.

Partnered with Legal in negotiating high-value, high-risk sourcing agreements.

Effectively managed audits by Fortune 100 software vendors.

KNIGHT TRADING GROUP, Information Technology Strategic Sourcing 2000 – 2002

Vice President, Director of Sourcing and IT Controller

Directed global IT sourcing for this technology-driven broker/dealer/market maker, reporting to CTO. Functioned as IT Controller, overseeing implementation and operation of IT financial processes, budgeting and controls.

Consolidated suppliers to reduced firm spend, procuring increased sourcing savings.

Repositioned Knight’s technology purchasing model from a decentralized to a centralized model.

Member of team that designed and implemented backup data center.

Shifted acquisition of major hardware components from leasing to direct purchase to increase savings.

Managed pipeline of business as usual transactions in parallel with a group of broader strategic projects.

Implemented a dual vendor strategy to increase savings on strategic technology products.

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FRANK M. HUGHES JR.

**********@*****.*** Glen Rock, NJ 07452 201-***-****

www.linkedin.com/in/fmhughesjr

CITIGROUP

Global Sourcing Services, 1995 – 1999

Vice President, Senior Negotiator – Technology Sourcing

Served as negotiating consultant to Citigroup operating units and subsidiaries, sourcing technology products and services. Worked via interdisciplinary cross-functional teams to provide negotiation, contract, legal and financial expertise to units sourcing strategic technology products and services at the enterprise level.

Corporate Strategic Sourcing, 1993 – 1995

Vice President, Division Financial Controller

Reporting to division CFO. Oversaw budgeting, financial reporting and forecasting, financial systems and the cost allocation charge-back process. Division sourced products and services for Citigroup, including technology products and services. Also oversaw make/buy, cost/benefit and Total Cost of Ownership studies related to sourcing decisions. Analyzed and reported sourcing savings.

EDUCATION

GEORGIA STATE UNIVERSITY, Atlanta, GA

MS, Decision Science, GPA 4.0

Alpha Iota Delta Scholastic Honor Society

GEORGIA STATE UNIVERSITY, Atlanta, GA

MBA, Finance and International Business, GPA 3.9

Beta Gamma Sigma Scholastic Honor Society

OGLETHORPE UNIVERSITY, Atlanta, GA

BA, Political Science

Student Body President

Computer Skills: Ariba, Microsoft Excel, Outlook, Power Point, and Word; Adobe Acrobat; Epson Scan

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