I am a strategic purchasing professional with 25 years of cost savings experience to benefit the overall bottom-line within a corporation. Savings were obtained by using supplier consolidations, leveraging current spend, negotiations, long-term contracts, reverse auctions and increasing inventory turns through strategic plans for new and existing services, products, and parts. My purchasing experience demonstrates that I am a self-motivated individual starting at the Program Manager level and with promotions gained additional responsibility through various position of Assistant Purchasing Manager with 5 people reporting to me. Recently, I managed 3 direct reports. Examples of cost savings are detailed below but total over $53.2M o Worked in manufacturing of automotive, industrial products and Contract Manufacturers with strategic goals & savingso Millions of dollars saved in cost reductions both hard and soft for various companieso Team player to achieve cost savings goals by utilizing Engineering, Quality, R&D, Manufacturing, and Purchasing o Strong organization, communication and analytical skillso Problem solver through project managemento Proficient in Microsoft Office including Word, Excel and Power Point, some experience with MS Project o Systems used are AS400, JDE, Oracle and SAP
Eagle Materials/American Gypsum
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Strategic Sourcing ManagerEagle Materials/American Gypsum Oct 2023 - PresentDallas, Texas, United States
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Senior Manager, Strategic Sourcing Plastic Components & Indoor Air Quality ProductsLennox International Oct 2022 - Aug 2023Richardson, Texas, United StatesSenior Manager, Strategic Sourcing - Commodities included Plastic Components and Indoor Air Quality - Direct spend was $110M Cost Savings of $1.5M - Responsible for Strategy and negotiations. YOY Cost Reductions - Worked with teams for cost savings and New Product Introductions on HVAC products - Work with Suppliers in the US and Mexico for Engineered components - Resourced components to alternate suppliers for better quality, delivery, service, and costs - Total Cost of Ownership - Manage Supplier Relationships for All 3 Lennox Business Units -
Senior Manager, Strategic Sourcing - Electronic Controls & Smart Thermostats (3 Direct Reports)Lennox International Sep 2019 - Oct 2022Richardson, TxResponsible for Strategic Sourcing, RFP/RFQ's, YOY Cost Reductions & Contracts for Electronic Controls (EMS) - Worked with Global Contract Manufacturers in China, Malaysia, Thailand and Mexico - Worked on various teams to implement NPI throughout my Controls commodity. - $72M annual spend with $18M material cost savings over almost 7 years - Work with OEMs and Contract Manufacturers that use our BOMs for PCBAs and finished goods including Smart thermostats, Control boards and Room Sensors - Sourced suppliers for electronic components for PCBA's. Had weekly meetings during Semiconductor allocations - Created policies and procedures related to Costed BOMs and Material Purchases - Created Purchase Price Variance Procedures for Semi-Conductors/Integrated Circuits - Manage Supplier Relationships for All 3 Lennox Business Units - Strategized to eliminate 25% China Tariffs and Resourced to other Low-Cost Countries -
Strategic Sourcing ManagerLennox International Sep 2016 - Dec 2019Richardson, Texas, United StatesResponsible for sourcing the most technologically complex controls. Manage Contract Manufacturing for circuit boards and Smart Thermostats. •Developing a global sourcing strategy for controls and project scopes and identify savings opportunities.•Negotiated and managed vendor contracts and relationships.•Implemented policies and metrics to ensure savings goals are realized.•Worked with technical buyers, engineers and management to identify new product needs.•Identifed new sources in order to meet business requirements with cost savings for components.•Served as the primary interface between company components and suppliers on strategic/critical quality, engineering and procurement matters.•Developed and implement long- and short-range sourcing strategies for very complex and high-risk items including Semi-Conductor parts. -
Strategic Sourcing SpecialistGoodman Networks Jan 2012 - Sep 2016Frisco, TxResponsible for defining and implementing strategic sourcing initiatives of $123,000,000 in direct products to build cell sites within the United States. Managed supplier qualification and selection process, RFx procedures, negotiations, contracts. Implemented supplier scorecards, forecasts and overall communication. Within the first year, direct savings was $5,000,000 by consolidations and negotiations within the supply base. • Consolidated the supply base by 30%• Increased Supplier diversity spend from $6,700,000 to $30,000,000 in one year• Manages Preferred Supplier List & Internal Compliance to it• Work with stakeholders on identifying and implementing equivalent parts for cost savings -
Strategic Sourcing SpecialistIntelligrated Jan 2010 - Jan 2012Mason, Oh & Flower Mound, TxStrategically source various commodities which consist of $14.5M spend.Commodities that I am responsbile for are Aluminum Extrusions, Roller Bearings, Rollforming, Powder Paint, Castings, and Plastics including Injection Molding, Vacuum Forming, Extrusions, and Machined plastics including the raw materials such as UHMW.Currently work with Oracle and AS400 systems. -
Purchasing ContractorFirst Group Jun 2009 - Nov 2009Cincinnati, Ohio, United StatesSourced Alternators and Starters for School Buses by online auctions. Finished various other commodities for contractors who's contract was finished before mine. Saved 19% cost savings and received extended payment terms and inventory reductions. Used Ariba for Reverse Auctions -
Strategic Sourcing ManagerLsi Industries Jan 2008 - Apr 2009Strategic Sourcing Manager - Various Commodities and ServicesReported to the VP of Purchasing and was responsible for strategic cost savings to leverage spend for all 9 LSI sites within given commodity. Commodity spend total was approximately $17.4 Million per year. Commodities included travel service, temporary labor service, MRO, gaskets, glass and plastic lenses, electrical components and aluminum and plastic louvers. I gave quarterly presentations to purchasing team in all locations via video-conferencing. Presentations given to executive board for review of all recommendations. Travel – consolidated 5 travel service providers to 1 for all sites; implemented new travel policy; reduced booking fees by 10% full-service and 50% on-line bookings Plastic Lenses - $460,000 and 60 parts quoted - $99,000 yearly savings or 22%; also reduced MIN order quantities. Also negotiated a 1% rebate back on all spend for certain suppliers Louvers – one supplier with financial difficulty moved all parts to 2 other current suppliers to eliminate potential supply issues. Safety supplies - $300,000 spend identified with 14 suppliers – consolidated to 1 national supplier and reduced piece pricing 20%. Also, started consignment and vendor managed supply for 4 higher volume sites. Leveraged spend for better pricing in lower spend sites. -
Purchasing Assistant ManagerMitsubishi Electric Mar 2006 - Jan 2008Assistant Purchasing Manager – Managed 5 various purchasing employeesReported to the Purchasing Manager and was responsible for VA/VE cost reductions. Was hired as a Purchasing Agent and promoted to Assistant Purchasing Manager 18 months after being hired. When a purchasing person left the company we all pitched in and split the commodities up between us. While continuing on VA/VE projects, I started to purchase raw material such as Aluminum Ingot; Powder Paint; Small Materials such as Grease, etc. Cost Initiative letters sent to suppliers to leverage upcoming volume increases and received as much as 25% cost saving on parts. Resourced parts from Japan to the US for shorter lead-times and lower costs of 15% Identified a local source for thru-bolts and current supplier in Japan lowered their cost 35% to keep current business -
Oe BuyerThyssenkrupp Bilstein Psma Mar 2005 - Mar 2006Hamilton, Ohio, United StatesOE Buyer – worked on M-Class program and various commoditiesReported to the Purchasing Manager and was responsible for implementing cost reductions for the M-Class platform. Commodities that I was strategically aligned with were machined parts, rubber over metal, plastic parts and bearings. Managed cost reduction programs for M-Class by implementing cost savings while working with engineering, quality and production. Resourced parts to China for rubber products with a 25% cost savings Conducted supplier quality audits with Quality and myself -
Senior Commodity ManagerCopeland Mar 1999 - Mar 2005Sidney, Ohio, United StatesSenior Commodity Manager (1999-2005)Strategically managed commodities with a spend of $39 Million per year. Was part of Emerson Plastics Team to implement cost savings for various divisions of Emerson. Purchased oil, rubber, bearings and plastic parts. Leveraged spend for other Emerson divisions with small spend to obtain cost savings. Used reverse auctions as a tool to get an average of 20% cost savings over all my commodities. Sourced to new suppliers as well as consolidated suppliers for savings. Prepared, analyzed RFQ’s, negotiated pricing for parts and tools and procured funding for capital expenditures. Conducted supplier audits prior to sourcing any new parts or transferring tools. Worked with Quality for PPAP submittals for all parts. Presentations given to upper management regarding strategic planning of commodities. Worked with FreeMarkets on all Commodities for cost savings. Average overall Savings was 20% for all commodities that were reversed auctioned. Bearings - $5 Million in spend – received 30% savings or $1.5 Million by staying with incumbent and not having to spend time re-qualifying a new supplier with down pricing for years 2 and 3 of 2%/year Injection Molded Plastic Parts – received 25% savings on $7 Million in spend by consolidating 3 suppliers to 1 current supplier Oil – $4 Million in spend – received 16% cost savings per year. Powder Paint - $2 Million in spend – 19% cost savings – stayed with incumbent -
Purchasing Program ManagerCopeland Jun 1998 - Mar 1999Sidney, Ohio, United StatesWorked Programs with Commodity Managers to implement their strategies for cost savings. Cost Savings and implementation of projects were completed. I was promoted to the Commodity Manager for Plastics and other commodities within 1 year of Program Manager -
Global Engineering Change CoordinatorCopeland Jun 1995 - Jun 1998Sidney, Ohio, United StatesActed as a liaison with the Engineering Change System coordinating between Purchasing, Engineering, Plants, and suppliers to launch new product lines and cost reductions. Minimize scrap by coordinating with the Plants and Suppliers when changing parts and components for cost savings. Worked with Materials Planners in setting up new costs and suppliers. -
Accounting AnalystCopeland Oct 1988 - Jun 1995Sidney, Ohio, United StatesProcessed Appropriation Requests for Capital Expenditures. Provided Asset tags and coordination of the capital item. Successfully managed the allocated budget to maintain financial controls over capital expenditure. Reconciled Bank Accounts for Payroll, Accounts Receivable and Petty Cash for the different Copeland locations.
Amy Potts Education Details
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Vocational Technical Education In Business -
Business
Frequently Asked Questions about Amy Potts
What company does Amy Potts work for?
Amy Potts works for Eagle Materials/american Gypsum
What is Amy Potts's role at the current company?
Amy Potts's current role is Senior Manager, Strategic Sourcing.
What schools did Amy Potts attend?
Amy Potts attended State University Of New York At Oswego, Onondaga Community College.
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