Gates CorporationHead of Global Sourcing - Fiber Reinforcements
Jan. 2012 - Dec. 2015Medina, OH$105MM spend (carbon fiber, aramid, polyester, nylon, fabrics, other textiles) at 24 locations globally. Achieved $12MM in savings; (3.3% year over year); working capital cash flow improvement of $2.5 MM. Established sourcing strategies for 5 commodities & led supplier negotiations, incl long term contracts. Introduced non-traditional suppliers to Gates profile – from China, India, and Eastern Europe. Assessed Make or Buy opportunity for Nylon Stretch Fabrics, presented to executive team, recommending movement of internal assets to China and long-term contract with external supplier, resulting in $4MM savings. Initiated and led global, cross-functional teams with technology, quality, and regional partners to align resources for dual sourcing & new product growth support. Managed supplier bankruptcy to mitigate impact to customer base (8% of company global revenue).