Frederick J. Schempf, C.P.M.
Strategic Procurement. Comprehensive Analysis. Proven Leadership.
*** **** ***** ****** ************, TN 37659 *********@*****.*** 865-***-****
Senior-Level Purchasing Professional
Accomplished purchasing leader with 20+ years of experience in supporting multibillion-dollar production organizations, achieving substantial YOY cost reductions, and developing strategic purchasing plans to support company objectives. History of combining best practices, detailed analysis, and proven expertise to systematically align buying with general operations, complex cap-ex projects, and a wide range of improvement initiatives.
Career Summary
●20+ Years of Proven Success in Managing up to $150M in Purchasing Spend
●Track Record of Building Outstanding Supplier Relationships while Expertly Negotiating Terms
●History of Developing High-impact Cost Saving Strategies at Raytheon Technologies, Denso, and Honda
Professional Experience
Collins Aerospace/ Raytheon Technologies Winston-Salem, NC/Remote
Manager, Commodity Management & Sourcing 2020 – Present
Support and develop the strategies for Engineered Items Strategic Sourcing supporting the Interiors sites and foster major supplier account relationships.
●EI team increased LTA penetration by 5% of spend.
●Increased payment term by 2 days of spend for supply base.
●Created new agreements with performance and EPA language.
●Provided support and developed processes as a member of the GSS CORE Council.
Pratt & Whitney/ Raytheon Technologies Columbus, GA
Manager, Commodity Management & Sourcing 2018 – 2020
Effectively managing Indirect purchasing, providing strategic leadership, and developing long-term action plans designed to consistently achieve goals and exceed expectations.
●Produced cost savings of $832K for 2018, & $1.3M cost savings 2019 YTD through negotiating contracts, and securing favorable terms
●Provided key purchasing leadership for plant expansion and new engine center operations by developing a supply base that reduced costs and met aggressive time constraints.
●Grew and matured supply base for chemical mgt program and integrated industrial supply program through monthly meetings, streamlined communications, & involvement with internal customers.
●Developed supply base and managed bidding processes to secure competitive pricing and reduce costs by $150K for kit cart program.
Denso Manufacturing Tennessee, Inc. Maryville, TN
NAPG MRO Sourcing/Commodity Leader 2010 – 2018
Effectively managing MRO purchasing, providing strategic leadership, and developing long-term action plans designed to consistently achieve goals and exceed expectations.
●Achieved a 3%, Year-Over-Year cost reduction by relentlessly focusing on efficiency, expertly negotiating contracts, and securing favorable terms
●Secured over $6.8M across 7 years by restructuring purchasing protocols, establishing strong supplier relationships, and working with cross-functional teams to revise usage/ordering needs
●Dramatically streamlined purchasing processes through a vendor consolidation initiative that centralized sources while leveraging increased buying power to reduce costs
●Maintained exemplary supply chain reliability and product/material quality through detailed analysis of supplier specifications, capacity, and integrity while managing spend reports to understand trends
●Developed RFQs and managed bidding processes to secure competitive pricing and understand pricing landscape within a wide range of markets including industrial equipment, parts, logistics/transportation, office supplies, and commodities
●Integrally involved in assessing buying issues, identifying critical risks, and collaborating with leadership team to develop actionable strategies and integrate Lean Six Sigma, Kaizen, and other methodologies
Honda Manufacturing of Alabama, LLC Lincoln, AL
MRO Purchasing Buyer – Cost Planning Analyst 2002 – 2010
Provided comprehensive MRO purchasing leadership, managed cost-planning analysis, and designed successful strategies to drive gains across numerous KPIs.
●Secured over $2.5M in annual savings by spearheading an outsourcing initiative, building a transition team, and expertly coordinating implementation
●Led an ISO 9001 implementation plan for the Purchasing department, resulting in significant gains in efficiency, improved standards of operation, and outstanding YOY performance improvements
●Managed a wide range of commodities including material handling, steel, filtration, precision instruments and measuring equipment, and packaging materials
Honeywell International Conway, SC
Supply Chain Project Manager 2000 – 2001
Developed supply chain management strategy for materials, products, and services while supporting value-added products to provide clients with industry-leading solutions.
●Integrally involved in assisting Sales and Marketing teams with positioning Honeywell for long-term growth by identifying key opportunities within customer and supplier partnerships and facilitating both contract design and negotiations
●Successfully managed supply chain for durable medical goods as well as complex MRI, CT, inventory management, and other healthcare systems
Okuma America Corporation Charlotte, NC
Purchasing Leader – Plant II 1997 – 2000
Led procurement strategy for $10M+ annually, built collaborative environments to promote common goals, and leveraged continuous improvement to increase efficiency.
●Achieved consistent YOY cost reductions through industry best practices and maintaining an acute focus on developing the purchasing frameworks to support company objectives
●Reduced supplier base by 50% through a consolidation plan that built strategic, mutually beneficial partnerships with leading suppliers while consistently reducing costs
●Collaborated with multiple departments and team leaders to develop cost projections, resolve unnecessary expenditures, and create financial frameworks for cap-ex projects
General Electric Various Locations
Materials & Production Control Manager – GE Lighting 1995 – 1997
Authored project schedule, coordinated materials-related supply chain, and accurately managed inventory for a division producing over 144M units annually.
●Successfully built an outstanding of team of 10+ staff by promoting common goals, securing employee buy-in, and providing the mentoring, coaching, and training necessary to surpass goals
●Achieved unprecedented performance and recognized within GE substantially improving factory operations, significantly improving yield/throughput, and increase utilization of both production assets and personnel
●Integrally involved in government contracts, served on Quality Council to drive ISO-9002 standards, and comprehensively analyzed demand to align $10M in inventory with volume trends
EDUCATION
Master of Business Administration, concentration in Operations Mgt
Milligan College, Milligan College, TN
Bachelor of Science Business Administration, concentration in Prod Oper Mgt
Arizona State University, Tempe, AZ
Lifetime Certified Purchasing Manager C.P.M. Institute of Supply Chain Management
Training
Member Institute of Supply Chain Management
ISO 9001:2000 QMS Lead Auditor 5S Training Honda
Kaizen Training Okuma America
Six Sigma Facilitation Workshop ISO Awareness Internal Quality Auditor GE Plastics