Albert Wang Email & Phone Number

Toronto, Canada Area

• Manage supplier base, fully lead and manage the processes of Supplier Qualifications for the organization on a whole. Manage vendor relationship and contract award process, and non-competitive sourcing
• Spearhead and supervise the processes of RFP, RFQ, SOW, NDA, amendments for the business; service sectors include architecture, planning, real estate brokerage, transportation, civil engineering, environmental, etc..
• Design and streamline the entire procurement process for the business’ improvement and budget controls
• Directly develop, and continue managing 30+ key supplier relationships; successfully achieved significant cost savings of 10%+ by managing competitive processes across the company; Coordinate, negotiate and fully lead.
• Monitor business process for compliance on policies; reduced process risks by 15%+ by monitoring property sales within the last period

Toronto, Ontario, Canada

• Successfully negotiated contract terms and conditions with 30+ suppliers (totaling a spend of $100MM across 400+ suppliers); eventually reached overall savings of 5%+ for the company
• Drafted 50+ agreements including Service Level Agreements, Statements of Work, Amendments, Local Addendums and Master Services Agreement as key examples
• Managed 5+ sourcing projects throughout the year, including RFP/RFQ/RFI and fully owned 200+ PO releases; notably led all on-going supplier relationships and business escalations across the organization
• Conducted OSFI compliance tasks, risk assessments, and supplier evaluations; continuously managed large database of contracts/POs and contract renewals/termination; achieved best-in-class results in sourcing strategy.

Toronto, Ontario, Canada

• Managed, led, and directed entire Hibar China office (totaling 10+ seasoned employees) reporting directly to the Chief Executive Officer (CEO)
• Developed and established key markets for the business by generating new customers and significant sales within the battery, pharmaceutical, cosmetics, and packaging industries (totaling $1MM+ in annual sales)
• Spearheaded key projects and purchasing transactions totaling $1.5MM across China; continuously developed first-ever strategic marketing plans, executional planning, and contract negotiations with major business partners
• Directed shipping, customs clearance, and logistical support for the overall business totaling $1 million

Toronto, Ontario, Canada

• Managed supplier relationships and negotiations including quarterly negotiations of $60MM in total spend, resulting in 12%+ in annual savings for the business; successfully deployed first-ever model on Total Cost of.
• Managed and negotiated supplier agreements on more than 80% of assigned supply base for continuous cost take down, payment terms improvement, and global logistics support
• Developed overall sourcing strategy to support on-going customer programs, including new production introductions, supplier consolidation, process standardization, and material cost reduction; worked with annual spend.
• Maintained continuous in-depth knowledge of market conditions, industry trends, and technology developments; key customers included Honeywell, CISCO, Lucent, Fujitsu, and IBM

Master Of Business Administration - Mba, Marketing & International Business

Bachelor Of Engineering - Be, Mechanical Engineering