Eric Barchfeld

adzepx@r.postjobfree.com • 954-***-****

LinkedIn • Ft Lauderdale, FL, 33029

Director of Sourcing - Supply Chain

Highly accomplished with an entrepreneurial mind-set and spirit; enabling full business potential through comprehensive supply chain management, strategic sourcing, purchasing, category management, risk management, and end-to-end procurement.

Proven track record of success in developing and driving financially sound, data-driven execution roadmaps of supply chain operational strategies. Decisive in building and leading high-performing teams, executing several global projects, and establishing and optimizing sourcing processes. Instrumental in maximizing revenue growth, identifying cost-effective sources, resolving complex problems/issues across multicultural cross border environments. Excellent communication, negotiation, and technical skills combined with an innate ability to build robust strategic relationships with key stakeholders, colleagues, vendors, suppliers, and business clients, achieving challenging business goals. Functionally proficient in ARIBA, SAP, WORKDAY, ORACLE, and JD EDWARDS systems.

Areas of Expertise

Accounting Analytics & Data Analysis

Category & Supply Chain Management

Continuous Process Improvement

Performance & Risk Management

Forecasting & Business Planning

Med Device/Pharma Regulations

Projects and Change Management

Service Level Agreement Compliance

Budgeting & Cost Modeling

Resins/API/Packaging/Contract Mfg

Inventory Management

Supplier Evaluation and Controls

Contract Review & Negotiation

Team Development & Leadership

Strategic Account Management

Career Experience

Cordis US Corp, Miami, FL 2021 – Present

Director of Procurement

Direct overall operational activities of procurement department, including preparing budgets, estimating costs, and negotiating prices with suppliers. Lead team of seven direct reports on a procurement spend of $185M across multiple categories of packaging, metals, sterilization, external manufacturing, and plastic extrusion/injection molding, as well as Indirect service categories. Develop and communicate procurement business plans, establish, communicate, and implement long-term goals for the department in order to promote effectiveness and efficiency. Process purchase orders, develop bids/proposals, and reconcile invoice discrepancies. Create and execute the organization’s supply chain forecasting, purchasing, and inventory management. Oversee KPI Metrics, supply risk management, and supply chain optimization. Establish a centralized procurement program that adds value to organization.

Key Accomplishments:

Streamlined supplier onboarding procedures by establishing profitable relationships.

Delivered $7.1M incremental cost improvement via implementation of a risk management program.

Negotiated contracts and service agreements with suppliers as well as forecasted ongoing demand for goods/services.

Increased working capital via optimization of supplier payment terms and administering project from inception to completion.

Played a pivotal role in managing transition of all contracts, systems, and procurement support services to a new organization.

Served as the owner of procurement-related questions, training, policy and procedures, and alignment of all departments.

Cardinal Health, Miami, FL 2015 – 2021

Director, Global Sourcing and Supply Chain

Created and led a global sourcing process to facilitate aligned sourcing strategies that drive best-in-class sourcing decisions to support business objectives. Oversaw negotiations for business terms and develop master supply agreements for the supply of products/services with new and existing suppliers. Provided strategic leadership in management of a business unit team. Directed and managed strategic accounts, cost improvement projects, and supply risk reduction to attain organizational set targets. Supported business growth initiatives by developing and growing sourcing staff.

Key Accomplishments:

Prevented supply interruption impact on revenue by improving change management process.

Revamped procurement procedures around changing organization structure to meet desired goals.

Delivered $9.1M incremental cost improvement by executing an innovative program and tracking system.

Established a program for cost improvement ideation and business case development as well as a value analysis process.

Achieved significant cost improvements and managed commodity market exposure through focused sourcing programs.

Johnson & Johnson Cordis - Miami Lakes, FL 2005 – 2015

Senior Manager, Strategic Sourcing

Spearheaded pipeline of sourcing activities, created plans to identify and recommend alternative sourcing strategies, procurement best practices, and supply chain solutions that maximize organizational growth. Managed and executed complex sourcing initiatives through competitive evaluation. Directed a departmental team of five direct reports across chemicals/plastics/metals/packaging and contract manufacturing. Negotiated and drafted complex supplier contracts while supporting business groups in managing supplier contracts in accordance with policies. Created category strategies and directed supply risk mitigation actions.

Key Accomplishments:

Negotiated supplier contracts locking in annual rebates of $600K.

Sourced new warehousing management services for inbound and outbound logistics.

Designed and executed business continuity planning and risk management for all business-critical suppliers.

Improved material ordering/supply chain and inventory management from a 3 to 7 inventory turn benefit.

Reduced supply base by 10% consolidation strategies lowering overall approved supplier maintenance costs

Contributed to the management of three plants located in Florida, California, and Mexico by delivering support.

Cultivated and maintained long-term relationships with suppliers to ensure consistent delivery of high-quality products.

Attained success in providing $7.8MM in cost and productivity improvement through negotiations and technical project execution.

Education

M.B.A. – Finance Drexel University - Philadelphia, PA

B.S.B.A. Supply Chain Management Bowling Green State University - Bowling Green, OH

Certifications

C.P.M. Certified Purchasing Manager

Six Sigma Green Belt – Johnson & Johnson Certified

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