Commodity Manager

Milton Armeniakos

Commodity Manager with over ** years experience

******.**********@*********.*** 408-***-****

Executive Summary

Seasoned procurement specialist with a history of leadership in procurement and supply chain. Driver in streamlining HP's inventory goals and successful in reducing operating expenses by over $800,000 per year while still single handedly managing over $20 million in annual spend. Operated as the business units planner, architect and driver of supply chain processes, programs and systems surrounding inventory, procurement, supply base, supply chain and warehousing.

Professional Experience Hewlett Packard 1996 to 2010

Regional Vendor Account Manager / Commodity Manager 2003 to 2010

Accountable for managing the procurement and sourcing of packaging components incorporated into our PC, notebook and workstations business. Chartered to deliver (1) assurance of supply in a JIT supply chain, (2) competitive cost, (3) flawless NPI/EOL, and (4) competitive intelligence to enable an effective strategy for the business. Duties and responsibility include:

• Established supplier selection & qualification process thru RFQ & e-auction / interviews & site audits

• Forged contract development relationships requiring cost and contract negotiations while administering the implementation of SLA's

• Introduced process’s that drastically simplified supply chain and reduced head count by 50%

• Established a metric based supplier review process to align business expectations and drive appropriate action where performance was outside of goal. Metrics included on time delivery performance, quality, WOS goals measured against forecast, line downs, cost savings etc.

• Proactively reduced material wait times by 30%, and reduced quality issues by over 50%

• Regional contact and intermediary between supplier and CM's for NPI & EOL negotiations, ECO implementation, invoicing and quality issues etc.

• Managed excess and obsolescence to less than 1% of COGS within first year of promotion

• Asset to environmental steering committee empowered to identify and source "green" alternatives

Commodity Planner 1999 to 2003

Complete lifecycle responsibility for the development and implementation of materials processes to meet production, cost, flexibility, and predictability objectives in a high-volume, complex environment. Built strong business relationships with key Contract Manufacturers (CM) and Original Design Manufacturers (ODM).

• Established material plans to meet production goals and maintain upside/downside flexibility requirements

• Collaborated with regional partners to optimize material sustainability and reduce material shortages by 50%

• Managing material supply to ensure manufacturing commitments are achieved as well as corporate and plant objectives, providing timely and appropriate material availability information to internal customers

• Responsible for MRP input/output and material delivery in accordance with product requirements

• Maintained cost information, vendor data, POB splits and material data in ERP system

• Collaborated with inventory control, finance and logistics to resolve all PO and invoice discrepancies

• Proactively identify and manage constraints within end to end supply chain

• Participate in NPI product launches by offering constructive advise on material availability and cost

• Supported material RMA's and oversaw return to vendor process

• Selected to audit team which conducted qtrly site audits at 3PL

Order Administrator / Inside Sales 1996 to 1999

Vital team member that internally managed one of HP's largest channel accounts. Responsible for all aspects of the customer's order. As part of a team effort our job was to conceptualize, develop and implement solutions to problems and address specific customer needs. Also, created and reported on any number of metrics from EDI fallouts to production TAT's.

• Focal point for all delivery & inventory metrics including TAT, line item fill rate, demand trends, etc.

• Recognized customers' essential issues and went above and beyond immediate questions to offer long term solutions and up-sell opportunities

• Maximized order efficiency with team that worked with IT on design of single screen solution

• Processed and qualified orders and monitored their progress through the supply chain

• Verified costs, discounts and availability in accordance to customers contracts

• Coordinated expedites with all CM's and transportation to assure min. levels are met for product TAT

• Worked with sales and finance to quickly reconcile issues with purchase orders

• Monitored EDI fallout and work with fall out team to assure same day resolution

• Communicated daily with product line buyers and planners to resolve all out of stock issues

Leaning Tower of Pizza 1993 to 1996

• Took over and re-built a dying Italian restaurant, transforming it into a vibrant and profitable business

Education and Training

B.A., Communications, Minor: Marketing

San Jose State University - San Jose CA

APICS Certification in Progress. Completion of Basics of Supply Chain Management, Master Planning of Resources & Detailed Scheduling and Planning

Proficient in Word, Excel, Power Point, Access, Brio, Share Point

Knowledge in SAP as well as Legacy AS/400 systems

Recommendations

“Milton demonstrated a talent not only for managing the complex daily requirements of a volatile commodity, but also an ability to set and maintain a product strategy. Most importantly, Milton is a highly capable, talented individual who has always managed his business relationships with the highest integrity.” Joe Farned, Global Account Manager - Xpedx

“Milton is an expert in the industry and a strong team member. He is a hard worker and a dedicated employee.” Julie Dias, Central Direct Procurement - Hewlett Packard

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