Jeremiah Libby, CIA, CRMA

*** ********** **** ***** ********* Township, Pennsylvania 16066

412-***-****

acxeha@r.postjobfree.com

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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