Ann Petrone work email
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Sourcing Financial Management professional with expertise in the Intimate Apparel Industry. Skilled in the areas of Supply Chain Finance, vendor management, business process improvement, purchasing and cost reduction. Highly analytical and results driven with excellent communication, organizational and problem solving skills. Proven leader that builds collaborative and productive partnerships across an organization. Areas of Expertise:- Finance | Accounts Payable | Sourcing Operations- Purchasing | Vendor Negotiations | Vendor Relations - Custom's Import Valuation | Custom's Reconciliation - Logistics | Cost Savings | Process Improvement - Leadership | Staff Development
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Manager, Sourcing FinanceMaidenform 2004 - PresentWinston-Salem, North Carolina, UsManaged Sourcing Financial Group with 5 reports. Scope of responsibilities included validation of import/export documentation, review of contractor costs and supplier payments, Logistics and Custom’s compliance issues, warehouse receiving, customer direct shipments and monthly financial close duties.- Created the Sourcing Financial Group to support financial activities for global sourced production of $300+MM. - Established Direct Shipment process for made-to-order business.- Developed policy for Supplier Chargebacks for issues on product quality, defective garments, compliance and rework. - Created and implemented new process for improved control and accountability of Material minimums incurred on orders placed with sourcing contractors. Process improvement resulted in annual savings of $1+MM.- Financial liaison with global sourcing contractors. Resolved all financial issues related to commercial invoices, payments, cost discrepancies, debit notes and chargebacks.- Created pricing and quantity discrepancy process that facilitated the 3-way match payment process in Accounts Payable.- Developed FOB import documentation packet for each country of origin which was adopted by all sourcing contractors. - Led project with IT group to create a Duty Reconciliation database to capture dutiable and non-dutiable costs for imports into the US. - Created database to track air freight cost approvals on imports. - Developed specialized payment process for Bangladesh contractors due to restrictive governmental banking laws. -
Director Of PurchasingSony Music Entertainment 1992 - 2003New York, Ny, UsDirected staff of 6. Scope of responsibilities included consolidation of promotional merchandise, contract negotiations, vendor evaluations, cost reductions, enhanced processes, improved service levels, quality goods and customer satisfaction.- Led Sony Global Purchasing Council as project manager. Consolidated all merchandise spend of Sony’s four major divisions that resulted in favorable contracts consisting of lower unit costs, yearly rebates.- Created sales program within the purchasing division that resulted in $1.0MM+ in revenue within a 7-year period.- Member of project team for the initial phase of Sony’s e-procurement system, Ariba, providing insight and support.- Created monthly reports for management in regard to company spend for promotional merchandise, departmental cost savings and identified key areas for improvement.- Member of Sony Music’s Global Diversity Council which reviewed, rated and reported vendor performances regarding quality, service and costs.- Managed departmental expense and capital spending within budgeted guidelines. - Negotiated major commodity contracts and coordinated issuance of RFPs resulting in reduced costs and yearly rebates.- Reviewed and resolved all vendor related issues in regard to invoicing and payments maximizing cost saving opportunities within contract terms. -
Manager Of PurchasingSony Music Entertainment 1989 - 1992New York, Ny, UsCreated new procurement department for customized promotional merchandise resulting in consolidation of commodities, improved service levels, quality merchandise and customer satisfaction. Organized and supervised staff of 6.- Partnered and developed strong working relationships with vendors and company personnel which resulted in efficient supply chain management.- Collaborated with Design and Marketing teams for designs on customized merchandise for promotion of new music, video releases and radio contest giveaways. Created customized plaques for music artists in recognition of album sales.
Ann Petrone Skills
Ann Petrone Education Details
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James Madison UniversityGeneral
Frequently Asked Questions about Ann Petrone
What company does Ann Petrone work for?
Ann Petrone works for Maidenform
What is Ann Petrone's role at the current company?
Ann Petrone's current role is Manager, Sourcing Finance at Maidenform.
What is Ann Petrone's email address?
Ann Petrone's email address is ap****@****orm.com
What schools did Ann Petrone attend?
Ann Petrone attended James Madison University.
What skills is Ann Petrone known for?
Ann Petrone has skills like Global Sourcing, Sourcing, Purchasing, Apparel, Supply Chain, Supply Chain Management, Inventory Management, Private Label, Strategic Sourcing, Contract Negotiation, Leadership, Textiles.
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