H. Keith Stone

Transportation, Logistics, Procurement and Supply Chain Professional

Supply Chain Professional with over 25 years of experience. Excellent analytical, interpersonal, negotiation, and leadership skills. Extensive experience managing supply chain, assets and purchasing. Expertise in fleet and asset optimization, specifically with rail car components. A history of implementing significant savings and process improvements. Strong presentation skills and attention to detail in fast paced, high pressure work environments. Strengths include Supply Chain program development and implementation of those programs in real life operations. Creative and dynamic team player, with proven capacity to build and develop highly focused and ambitious teams through exceptional interpersonal and communication skills. Six Sigma Green Belt with experience in MRP, ERP, AS/400 and SAP.

EDUCATION:

Bachelor of Art Degree in English from Kean University in Union, NJ with a minor in Speech, Theatre and Media.

PROFESSIONAL EXPERIENCE:

2015 to Present

Parker Companies Scotch Plains, NJ

Horticulture Design Company

Purchasing and Logistics Director

Oversee all company purchases and service contracts. Negotiate all communications, utilities and daily office support function contracts.

2007-2014

BASF Corporation Florham Park, NJ

Chemical Manufacturer

Fleet Asset Manager / Specialist 2011-2014

Procurement / Sourcing Manager Rail Services 2009-2011

Managed the operation of company owned and leased rail fleet assets investment analysis, railcar utilization, maintenance programs and regulatory compliance. Acted as a liaison between BASF sites, business units, 3rd Parties and business integration initiatives for all issues involving transportation assets, specifically railcars.

Engineered a fleet reduction program resulting in an annual savings of $2.4 million from 2010 to 2013

Compiled a complete rail car specification by commodity which resulted in a savings of $400K

Converted 250 railcars from multiple services for use across business groups saving $600K annually from 2010 to 2013

Procured rail components including, but not limited to truck parts, wheels, wheel bearings, brakes, brake beams, slack adjusters and raw materials (steel) for custom builds

Created the railcar specifications for specific products in adherence to FRA, AAR and DOT regulations

Negotiated both lease and purchase contracts for rail cars

2000 to 2007

Formosa Plastics Corporation, Livingston, NJ

Chemical Manufacturer

Rail Fleet Manager

Managed a fleet of over 6,000 cars while maintaining a balanced a budget of $36 million.

Through successful negotiations, reduced the Rail Fleet lease spending by 10%

Improved the rail cycle time resulting in a 5% improvement of Formosa rolling stock and inventory

Managed a team of 7 people in operations and purchasing

1989 to 2000

APL Logistics, Wilmington, DE

Chemical Manufacturer

Northeast Logistics Operations Manager, 1989-2000

Responsible for the Northeast distribution team, managing 16 associates in various support functions

Contributed to $25 million of savings over 11 years

Negotiated lease and purchase contracts for rail cars.

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