CHARLES JEFFREY CAIN, MBA

ad2bev@r.postjobfree.com 803-***-**** linkedin.com/in/jeff-cain-sr-mba

PROFESSIONAL SUMMARY

Innovative procurement executive with 20 years of management and strategy development experience in supply chain and procurement leadership roles. Analytical mindset with cross-functional team leadership, business process improvement (RED X Problem Solving), and strong relationship building skills to negotiate contracts and navigate supplier development to drive business initiatives and results. Energized by carbon neutrality for sustainable change, risk management, and execution of strategic sourcing. Integration of supplier CO2 reduction strategies to support being carbon neutral by 2040 and improve the overall value propositions of the organization.

AREAS OF EXPERTISE & CERTIFICATIONS

RED X Shainin Problem Solving

Sourcing Strategies-Localization

Green Steel Sourcing

Cost Value Analysis

E-Steel Sourcing

Power BI Dashboard

Supplier Innovation Hour

Purchasing Digitalization &AI

LEAN Certification

Make vs. Buy Analysis

Supplier CO2 Neutral Strategy

Import and Export Compliance

Working Capital Management

German (Intermediate)

E Mobility Sourcing

PROCUREMENT AND SUPPLY CHAIN LEADERSHIP

Director of Purchasing Strategies and Supplier Management Americas 2012 – Current

Schaeffler Group USA – Fort Mill, SC

Create business process improvement solutions by serving as leader in LEAN sourcing strategies, and supply development; translating skillsets in cross-functional roles to drive significant cost and CO2 reductions

Develop strategic procurement vision with 5-year facelift of direct materials organization including: personnel, process/procedures and cost-value management focused on improving stakeholder relationships

Integrate Americas region supplier CO2 neutral strategies with completion by 2040 (M2030&CARBME)

Deliver on strategic position of supplier pricing tied to market intelligence, with correlations relative to commercial agreements in alignment with customer base pricing models to minimize margin erosion

Spearhead Cost Value Analysis (CVA) team for should cost models and technical savings opportunities

Key Accomplishments

Green Steel and E Steel (EAF vs. Integrated Mill) sourcing in Americas region for 60% improvement in CO2

Integrated Supplier Innovation Hour for E-Mobility, AI & Digitization, Smart Supply Chain and Logistics

Improve overall team productivity and efficiency via Power BI dashboard and Market Intelligence

Improved supplier cost recovery execution strategy to 100% recovery rate via strategic planning and negotiation

Facilitated Days Payable Outstanding (DPO) improvement strategies to achieve target of 68 days, which improved by an average of 10 days resulting in 15% improvement

Implemented employee succession plan and non-forced attrition, reducing rate to zero in 3 years

Achieved -$11.4 Mio or -4.4% in total for 2022 annual direct material savings in region for Schaeffler business units

Developed resource and B2B planning tools by plant to support 15% YOY growth for 3 years

Reduced supplier complaints to -12% YOY by implementing strategy across business units

Director of Procurement – North America Non-Production Material 2010 – 2012

Schaeffler Group USA Inc. – Fort Mill, SC

Lead implementation of LEAN procurement using innovative LEAN tools, B2B sales process, & fully automated purchase-to-pay systems

Launched Center of Excellence for non-production materials in Puebla, Mexico

Negotiated new agreements for Ocean freight, Airfreight, Indirect products and services for all Schaeffler locations

Key Accomplishments

Delivered vision for the transition to centralize purchasing for Americas Region in less than 24 months

Initiated master service agreements, country participating agreements and overarching commodity strategies that realized -$9.4M, or -2.9%, in total cost savings in North America region

CHARLES JEFFREY CAIN, MBA

Corporate Director of Procurement – Logistics and Supplier Quality 2005 -2010

Consolidated Metso, Amsted Industries – Monroe, NC

Championed innovative corporate strategies and new program development for direct material procurement and logistics at all 5 Consolidated Metso global locations

Held full responsibility for synergies in procurement arena throughout all 7 Amsted locations

Identified sourcing opportunities to leverage supply base and standardize purchased components

Facilitated corporate and plant level direct material strategies for all North America SBU’s and joint ventures to ensure strategic alignment and operational excellence of the supply base

Developed business plans for horizontal and vertical growth strategies to support corporate direct material initiatives

Created internal KPI dashboards for executive staff for real time business updates

Key Accomplishments

Implemented long-term contractual agreements for proprietary raw material and components sourced from a global supply base with annual savings of -$5.2M or -2.1% in 2009

Managed all corporate logistics tariffs for corporation for -$1.1M resulting in -1.8% savings in 2009

Established new direct material products and program management for all new business in NA

ADDITIONAL PROCUREMENT AND SUPPLY CHAIN EXPERIENCE

Procurement and Supply Chain Manager

Imo Industries, Colfax Corporation – Monroe, NC

Procurement and Logistics Manager

Faurecia – Fountain Inn, SC

Senior Buyer

Arvin Meritor, Inc. – York, SC

PROFESSIONAL AFFILIATIONS

American Procurement Society, Member

Original Equipment Manufacturer (OEM) Supplier Diversity Council, Member

Institute for Supply Management, Member and Advocate

American Bearing Manufacturers Association

ASQ Professional Member and Advocate

Shainin The RED X Compnay certification # MGP-225-220218

EDUCATION

Master of Business Administration (Magna Cum Laude)

Wingate University – Wingate, NC

Bachelor of Science in Business Management

Limestone College – Gaffney, SC

Engineering and Robotics Diploma

York Technical College – Rock Hill, SC

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