Procurement Director
Resume:
Jeremiah Libby, CIA, CRMA
*** ********** **** ***** ********* Township, Pennsylvania 16066
*************@*****.***
Procurement Director
Areas of Focus: Procurement Excellence Strategic Sourcing
Qualifications Profile
Dedicated, growth-focused, and results-driven professional with wide-ranging experience in procurement management; complemented with
solid background in procurement excellence and global sourcing. Equipped with analytical capabilities, essential in facilitating and
leading global procurement strategy development and deployment. Expert at formulating and executing innovative solutions to meet
client- and business-specific requirements. Capable of identifying gaps to quality services in completing projects and ensuring
compliance with set-forth policies and procedures.
Areas of Expertise
Market Intelligence
Forecasting
Project Management
Supplier Negotiation
Business Process Improvement
Stakeholder Engagement
Risk and Supply Management
Financial and Auditing Operations
Strategic Sourcing, Planning, and Implementation
Cross-functional Leadership and Collaboration
Professional Experience
Covestro LLC (formerly Bayer MaterialScience LLC) - Pittsburgh, PA, USA
Procurement Director Nov 2013–Aug 2016
Head of Strategic Commodities North America /Global Sub-Category Ethylene Oxide
Capitalized on industry expertise in administering sourcing activities in North America for strategic commodities with $750M per
annum comprised of the company’s major raw materials, such as benzene, toluene, propylene, phenol, acetone, formaldehyde, ethylene
oxide, acrylonitrile, ethylene glycols, and propylene glycols
Provided guidance and supervision to two direct reports in fulfilling their daily tasks
Effectively directed global sourcing activities for subcategory with $217M annual spend, including oversight of two functional
reports in Asia and Europe
Led overall aspects of sourcing to secure materials through total cost of ownership, which included sourcing strategies development,
contract negotiation, supplier and risk management, as well as sustainability, reliability, and stakeholder engagement
Career Highlights:
Successfully developed unique and creative strategic sourcing strategy, thereby achieving $40M of savings below market value during
a period consisting of a short market with increasing prices, through seamless negotiation of critical raw material’s long-term
agreement
Made significant contributions in reducing transit time and cost for the company and two suppliers through third-party swap concept
development and implementation
Pioneered and drove efforts in leading numerous high-impact requests for quotation (RFQs), that resulted in significant doubled
digit percentage savings against previous contract price and current market
Bayer MaterialScience AG - Leverkusen, Germany
Procurement Director Head of Global Procurement Intelligence Jul 2012–Dec 2013
Provided direct supervision to Global Procurement Excellence Team of 12 global reports consisting of functional experts
Functioned as an immediate assistant to the chief procurement officer (CPO) in developing and implementing strategies; deploying the
Global Procurement Strategy; managing projects; maintaining communication; monitoring key performance indicators (KPIs); optimizing
processes; forecasting prices and financial impact; financing supply chain; and providing monthly strategic updates to executive
leadership
Fulfilled full responsibility in developing sourcing strategies by executing the India’s back-office functions for market
intelligence gathering and standard reporting through a globally standard process implementation
Took charge of the strategic sourcing process development by directing a team and facilitating global training program with the
external service provider
Career Highlights:
Improved the following during tenure in the company:
Automation to over 85%, contract coverage to over 90%, and working capital by enforcing standard procedures for SAP purchasing
contracts utilization, development of a global payment terms handbook, and heavy focus of supply chain financing program
Internal controls and standardized processes, by acting as the project lead for Bayer Group’s project in establishing a group-wide
procurement guideline and SAP system functionalities enhancement within the procure-to-pay (P2P) process
Enhanced forecasting process’ reliability, quality, and efficiency by developing new raw material price forecasting system
Procurement Manager Financial Manager Global Procurement Intelligence Mar 2011–Sep 2012
Fulfilled diverse key tasks, including global procurement controlling and process improvements, raw material price forecasting,
financial prognosis, global procurement and risk reporting
Career Highlights:
Drove efforts in improving the procurement reporting system, SAP business warehouse globally
Served as the driving force in creating the global procurement KPI dashboard
Made major contributions in transforming the indirect procurement organization over a three-month assignment in Shanghai, China
Bayer AG - Leverkusen, Germany
Senior Corporate Auditor Apr 2008–Feb 2011
Functioned as senior auditor on global audits on procurement, sales and distribution, finance and accounting, human resources, fraud
investigations, and internal control system audits, focusing on Asia and Bayer Healthcare
Employed keen attention to detail in recognizing major system control gaps in the SAP’s procurement processes
Coordinated with the United States Department of Justice as the lead auditor regarding major compliance audit
Career Highlights:
Served as a functional expert in the procurement and mass data analysis by establishing and implementing procurement auditing
guidelines
Bayer Corporation - Pittsburgh, PA, USA
Auditor Jul 2005–Mar 2008
Conducted audit operations on diverse business processes through domestic and abroad ICS Sarbanes-Oxley (SOX) audits, fraud
investigations, and general audits
Keenly oversaw all aspects of business audits across Bayer HealthCare, Bayer CropScience, and Bayer MaterialScience
Performed thorough review of travel expense reimbursement process to identify major deficiencies
Career Highlights:
Contributed key inputs in circumventing existing controls by identifying duplicate payments amounting to more than $5M within the
accounts payable process
Initiated the ICS (SOX) process design development, implementation, and testing as the company’s lead auditor and consultant
Education and Credentials
Bachelor of Science in Accounting, 2004
Slippery Rock University of Pennsylvania - Slippery Rock, PA
Certified Internal Auditor
Certification in Risk Management Assurance
Professional Development
ESADE Business School/McDonough School of Business: Management Excellence Program
Institution: The Pathfinder Programme, Transformational Leadership Development Program Module 1
Canning: Negotiation Skills Training
KPMG: Strategic Sourcing Process Training and Supplier Management Process Training
Institution: eSourcing Training, Ariba/Procurement for You
IHS: Understanding the Global PetroChemical Industry
Activities
Tournament Director, Professional Disc Golf Association Ad hoc Board Member, Pittsburgh Flying Disc Society
Co-director of Tournament, Pro Disc Golf World Championships Project Manager, Cranberry Township Project of the Year
Technical Acumen
Microsoft Office Applications (Excel, PowerPoint, SharePoint, and Outlook) Windows OS
Business Warehouse (Key User) SAP ACL Software
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