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Strategic Sourcing

Location:
Barrington, IL
Posted:
February 21, 2020

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Resume:

Nicholas W. Ludlow

*** **** ****** ****

North Barrington

IL 60010

adbwr4@r.postjobfree.com

Phone : 224-***-****

linkedin.com/in/nicholas-ludlow

WORK EXPERIENCE:

Illinois Tool Works (ITW) 2014 to 2020

Director Strategic Sourcing

Glenview IL

Report to ITW’s Chief Procurement Officer, lead a team that is responsible for the oversight of ITW’s ~ $1.2B global Plastics & Resins spend and supply base across ITW’s seven (7) business segments & eighty-seven (87) global divisions

Responsible for ITW’s Chemical spend of $700 million from 2014 to 2017

Worked in a consulting capacity as a trusted advisor to ITW’s Plastics and Resin consuming segments and divisions to improve their execution and business agility

Responsible for establishing the Enterprise Plastics & Resins Sourcing Strategies, managing global suppliers, and ensuring all productivity and sourcing metrics are met via simplification, execution, and improved operational efficiency

Develop and implement a long- and short-term sourcing strategies for Plastics & Resins utilizing the ITW Sourcing Toolbox, Enterprise Strategy, aligned with the business needs of the segments and global divisions

Results:

Delivered ~ $80MM in direct savings in five (5) years

Actions/Skills:

Leverage business acumen and functional expertise to contribute to the strategic direction of ITW’s global

businesses

Responsible for establishing a collaborative environment while building consensus in a decentralized space to drive ITW’s Strategic Plan across ITW’s seven (7) business segments & eighty-seven (87) global divisions

Identify strategic partners that have the capability to deliver improved products and lower costs to the organization through supplier management, strategic sourcing, commodity management, and total cost of ownership principles

Leverage strong project and change management skills to drive continuous improvements for the commodity.

Introduce innovative strategies for the commodity, coach, mentor, and develop commodity team and extended stakeholder team talent, build a diverse, high performing commodity team and associated organization

Practitioner of “Soft Skills”, “Political Savvy”, and the ability to “Flex” my management and communication style

Build and leverage relationships and networks across the organization, use personal influence skills rather than position of power to persuade others and gain support

Strong management, interpersonal & leadership skills, communicate effectively and efficiently while managing performance and driving change

Becton Dickinson (BD) 2007 to 2014

Global Strategic Sourcing Manager – Corporate Procurement Global Resins and Biologicals

Managed a global resin & biological spend of $350 million on an annual basis focusing on styrenics, olefins, PET, agar, peptones, yeast extract, & tissues

Developed, implemented, and managed global sourcing strategies across BD’s three business segments (BD Medical, BD Diagnostics, and Bio Sciences) utilizing cross functional teams

Develop raw material and financial risk mitigation strategies

Presented monthly resin and biologicals market updates to senior BD leaders

Represented Corporate Procurement at senior management meetings and at the Office of the CEO

Co-Developed the BD resin and biologicals database to enable R&D and Engineers to use approved materials in new product designs and CI activities

Co-Developed global materials contingency database

Led the Resin Hurricane Contingency Team

Developed and presented category updates to Corporate Procurement Leadership and the Office of the CEO

Managed forward buy contracts to mitigate BD’s exposure to price volatility for resin

Delivered ~ $15MM in savings to BD

Black & Decker – Corporate Sourcing – Towson MD

Accessories Global Commodity Manager – Manufacturing Materials 2004 to 2007

Managed the purchase of steel and other raw materials across seven (7) Accessory Mfg. Plants approx. $65MM annual spend

Developed, implemented, and managed a global materials strategy for all Black & Decker’s Accessory Plants.

Led the application of Six Sigma and Lean principles within the commodity supply base

Developed a “score card” used to report the progress of sourcing strategies to senior leadership

Managed and Executed Supplier Audits

Delivered $6 million in savings

Managed the Contract Database for Accessories Group

Black & Decker NAPTA Corporate Sourcing - Towson MD 2002 to 2004

Supplier Quality Master Black Belt

Managed 30 Supplier Black Belts on a Global Basis

Responsible for quality improvement activities of approx. 500 global suppliers

Developed a $30 Million productivity project deck based on Supplier Metrics

Managed supplier quality improvement activity regionally and globally

Developed and managed a global quality strategy to drive Six Sigma into Black & Decker’s supply base

Trained approx. 100 suppliers in Black & Decker’s Supplier Quality system

Trained approx. 100 suppliers in Six Sigma (Technical)

Coached/Developed twenty (20) Black & Decker Supplier Quality Engineers

Represented Global Sourcing on Black & Decker’s corporate ISO steering committee

Managed Supplier manufacturing location changes on a global basis (China, Mexico, India)

Trained Chinese and Indian suppliers in China in Six Sigma, Supplier Quality, Quality Planning, Basic DOE implementation, visual manufacturing quality system and work instructions

Black & Decker - DeWalt NAPT, Fayetteville, NC 2001 to 2002

Supplier Quality Manager

Quality Manager Aluminum & Magnesium Die Casting Facility

Black & Decker NAPT, DeWalt Team, Fayetteville, NC 1999 to 2001

New Products Quality Engineer

Six Sigma Black Belt

AMP, INC., Winston-Salem, NC 1998 to 1999

Advance Quality Planning Engineer,

Global Terminal & Connectors

General Electric Gas Turbine, Greenville, SC 1993 to 1997

Manufacturing Engineer Six Sigma Green Belt

AWARDS:

BECTON DICKINSON GLOBAL PROCUREMENT

2 Gold and 3 Silver Awards for Sourcing Excellence, Financial Achievements, Strategy Development and Implementation

EDUCATION:

University of Phoenix, Towson MD 2003 to 2006

Master of Business Administration

Clemson University, Clemson, SC 1992 to 1997

BS Industrial Engineering with a three-year Mechanical Engineering concentration

Trident Technical College, Charleston, SC 1989 to 1992

Associate in Science



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