Vendor Management Supply Chain
Resume:
Ed Hagen
Mooresville, NC *****
*******@***.***
LinkedIn: www.linkedin.com/pub/ed-hagen/1/708/a98/
Summary
Versatile leader with thirty-three years of industry agnostic negotiation experience. Inclusive of strategies, policy and process development, compliance, contractual language, risk mitigation, financial optimization, technology trends, technology migrations, and near shore initiatives. Vendor - Client relationships progressive in size (<$800 million annualized).
Experience
Sealed Air (NYSE SEE): Principal Vendor Manager
2015 – Current, Charlotte, NC
Sourcing and vendor management for key IT vendors, inclusive of financials and legalese. Principal status is dictated by the annual spend, inherent risk, and leverageable opportunities.
Bank of America (NYSE BAC): SVP, Supply Chain Management
2005– 2014, Charlotte, NC
Sourcing and vendor management for key bank lines of business, inclusive of financials and legalese.
Payment networks (American Express, Visa, Mastercard)
Consumer, Large Commercial & Small Business Credit Card Processing
Attorney Network For Mortgages
Military Bank
Consumer, Small Business, & Global Treasury
Student Lending
Experience highlights: Conversion of Visa into a publicly traded company, interchange rate optimization, supported seven mergers / acquisitions, implementation of a taxation process change impacting the entire financial industry (11,000 FIs), eco-friendly shipping format for Checking products (entire financial industry impacted), largest contract to contract improvement over the prior three- year period. Invented the underlying functionality of Zelle (two patents), currently the largest P2P payment network. P&L uplift exceeding $500MM in aggregate.
Solectron (NYSE SLR): Global Sourcing
2004 – 2005, Charlotte, NC
Redesigned and managed the sourcing and supplier management processes ($230 million spend).
Experience highlights: ERP competitive evaluation process, Low Cost Country implementation, Capital lease terminations, technology refresh (32,000 global users), and centralization of disparate global sourcing operations.
P&L uplift exceeding $28MM in aggregate.
BB&T (NYSE TFC): Contracts Consultant
2003 – 2004, Raleigh, NC
Lead negotiator for IT contracts, inclusive of hardware, software, and services. Annualized spend of $160 million.
Experience highlights: Near-shore labor, capital leases, field service optimization, and deployment of consultant rate card.
Thrivent Financial (Nasdaq AALGX): Supplier Management Consultant
2003, Appleton, WI
Negotiation optimization for IT contracts, inclusive of hardware, software, telecom, and services. Annualized spend of $160 million.
Experience highlights: Operational spend reduction initiative (co-team with Mckinzey & Accenture). Consultant rate card deployment, corporate reorganization, operationally merge two Fortune 500 company’s supplier management processes, and workforce optimization. P&L uplift exceeding $100MM in aggregate.
International Gaming Technology (NYSE IGT): Vendor Management
1999 – 2003, Raleigh, NC / Clifton, NJ
Lead negotiator for IT contracts, inclusive of hardware, software, and services. Designed data centers for state and international lotteries, receiving top scores (both financial and technical) amongst all lottery vendors. Annualized spend of $160 million.
Experience highlights: UK lottery project led by Richard Branson ($21 billion revenue), UK Lease negotiation ($145 million), and centralization of sourcing operations from site centric. Contractual awards included lotteries in Indiana, Delaware, West Virginia, Maryland, Shanghai China, and Switzerland (Sports Toto).
International Business Machines (NYSE IBM): Account Executive
1997 – 1999, Dallas, TX.
Account Executive for the New York distribution services industry and the global lottery segment.
Experience highlights: Revenue enhancement of 24% annualized, ranking in the top one percent of global Account Executives. Awards include North America Account Executive of the quarter (two-time recipient), and North America’s Customer champion award (3,000+ candidates).
Education
University of North Texas BA (CSCI, Computer Science) 1991
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