David Parry Email & Phone Number

Charlotte, North Carolina, Us

Honeywell is a Fortune 100 software-industrial company that delivers industry specific solutions including aerospace, control technologies for buildings and performance materials globally. • Leading the Direct Materials Sourcing function for the Honeywell Building Technologies business.• Responsible for Mechanical, Electronics, Plastics, Contract Manufacturing and Finished Goods procurement and for the transformation, strategy and execution of Direct Materials sourcing. • Working closely with business partners across the organization to develop a vision for the Direct Materials Sourcing function in support of business goals.• Providing long and short term strategic sourcing plans, category strategies and supplier relationships consistent with company goals and objectives.• Delivering business results including productivity, working capital improvement, supplier performance and continuity of supply. • Negotiating supply contracts, selecting and developing relationships with key suppliers.• Facilitating change management with cross-functional teams and implementing projects that meet specification and cost parameters on a timely basis.• Creating and maintaining scalable/sustainable processes to drive effective procurement across the organization.

Boston, Ma, Us

 Developed and implemented best-in-class sourcing strategies for GE Power, the global manufacturer of gas turbines and power generation equipment.  Achieved continuous year-over-year cost take-outs of 3-5% for the $200MM Engineered Systems portfolio in a highly- engineered, high sole-source environment.  Increased cash flow by implementing vendor managed inventory and negotiating dramatically improved payment terms.  Led supplier selection, qualification, development and overall supplier management. Leveraged a network of regional and international cross-functional teams to achieve cost reduction and minimize single /sole source risk.  Led the execution of low cost country strategies in China, India, Korea & Eastern Europe.  Drove supplier on-time and quality performance improvements using supplier management metrics. Upgraded organizational talent, leading, coaching & developing a globally-located buying team.

Atlanta, Ga, Us

 Led a major $200MM+ Chemicals sourcing category for this $26B consumer products, paper and building products maker.  Developed and implemented sourcing strategies for a wide range of commodities including: Plastic Resins, Coatings, Colorants, Wax, Adhesives, Specialty Paper, Paperboard, Film & Corrugate. Led vendor selection and managed the total life cycle of supplier contracts. Leveraged a detailed understanding of incumbent supply base, supplier capabilities / key cost drivers to identify and exploit savings opportunities. Addressed critical supply issues and minimized risk in an environment of price volatility, capacity constraints and other commodity pressures. Provided commodity price guidance / market intelligence and succinctly communicated to senior management. Managed a spend portfolio of outside finished goods sourced in North America, Europe and Asia.  Collaborated with marketing, production and engineering in commercializing 30+ new product introductions.

 In the top Sourcing position, led procurement department responsible for industrial components and raw materials for a privately-owned, global multi-site manufacturing company. Built top-performing strategic sourcing team from existing transactions-based, low-skill group by motivating, coaching and focus on talent development. Gathered and analyzed historical spend / future demand data to develop cost saving commodity strategies on Castings, Shafts, Bearings, Fabrications, Motors, Accessories and C-class items. Dramatically reduced the supplier base by segmenting /optimizing existing & potential suppliers.  With responsibility for the entire supply chain, achieved worldwide inventory reduction by implementing economic order quantity management.

Charlotte, North Carolina, Us

 Managed $300MM mechanical spend for General Signal, acquired by SPX.  Applied the 7-step sourcing process to develop commodity strategies and drive year-over-year cost reductions for a wide range of industrial components. Led cross-functional teams that determined commodity requirements, analyzed supplier industries, conducted RFQ activities, negotiated and awarded contracts to provide the most cost effective purchasing. Led multi-location team sourcing Castings in low cost countries including China, India & Mexico.  Negotiated multi-year purchase agreements with domestic and foreign suppliers. Developed material cost containment, material productivity and price inflation metrics tied to company financial performance.

Mba, Finance Accounting

Bs - Mechanical Engineering