Fergal Power Email and Phone Number
Very self-driven, high energy transformational Procurement and Supply-chain Leader with extensive experience leading large teams in complex, dynamic, fast-paced multi-national environments. Strong track record of transforming and optimizing large Procurement functions, developing strategic Procurement capability, organizational adaptability and resilience, strong Technology adoption and Data/ insights led decision making, leading on complex, high value negotiations and creating Collaborative SRM structures to achieve consistent Cost / value improvement, supplybase stability, reduced supplychain risk and faster technology adoption.I bring a high energy, people focussed leadership style with strong commercial acumen, effective influencing skills and 25+ years Procurement experience across multiple global businesses in commercially aggressive environments (from high volume manufacturing to Telecoms to new technology start-up) over every spend category (from IT to Real Estate, Logistics, Direct materials, Utilities to prototype/product development)
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Vice President Indirect Sourcing Global Real Estate Logistics And Scm ComplianceAptivDublin, Ie -
Vice President Indirect Sourcing Global Real Estate Logistics & Scm ComplianceAptiv Jan 2023 - PresentDublin, IeVice-President - Indirect Sourcing, Global Real Estate, Logistics, SCM Compliance -
Vice-President-Indirect Sourcing And Global Real EstateAptiv Jun 2020 - Jan 2023Dublin, Ie -
Global Sourcing Director-IndirectAptiv Apr 2019 - Jun 2020Dublin, Ie -
Head Of It ProcurementDaa Oct 2017 - Apr 2019
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General Manager, Bt Procurement - Digital, Product & Strategy, Conferencing, MobilityBt Nov 2015 - Sep 2017London, GbReporting to Vice-President, Procurement, accountable for £350m 3rd party spend on finance leasing, product development, mobility, conferencing, software with a team of 12 procurement professionals • Transformed Procurement team from LOB-based to Category focused Procurement team, delivering significant margin benefit across multiple business units with circa £14m annual savings• Led strategic supplier negotiations, delivering significant cost savings, commercial and contractual benefits across multiple spend categories• Led the in-life supplier relationship for key suppliers, driving improvement in SLAs, performance scorecards, managing supplier risk, procurement governance and annual contract reviews• Key member of multiple Senior leader forums including investment board, risk committee and transformation steering committee• Developed procurement strategies across full product lifecycle from design to cost initiatives, insourcing, end of life and exit strategies in line with strategic and financial objectives • Transformed New product launch process for suppliers, reducing launch times and design costs and negotiated stronger commercial and contractual terms (e.g. IP rights, licensing, royalties)• Led supplier integration programme for Mobility acquisition (£120m spend), delivering £13m savings -
Vice President Procurement, Bt BusinessBt May 2015 - Oct 2015London, GbReporting to BT’s Chief Procurement Officer, managing £1.8bn 3rd party spend in BT Business with a team of 40 Procurement people, delivering annual savings of £40m • Transformed and optimized BT Business Procurement Organisation to meet changing business needs including off-shoring non-strategic procurement activities to low cost regions and expansion of Procurement scope and influence on commercial decisions• Delivered exceptional cost reduction performance with £40m in annual savings• Effectively managed 3rd party commercial risks and controls, minimizing Cost, quality service and customer impacts by maintaining effective strategic relationships with key suppliers• Challenged and influenced executive stakeholders on future business strategy and plans including Line of Business CEOs, CFOs and Business unit MDs -
General Manager-Procurement, Bt Ireland & Uk SmeBt Nov 2011 - May 2015London, GbReporting to Vice President, BT Business Procurement• Set strategic direction for Ireland & UK SME Procurement function in line with group strategy, managing a team of 10 Procurement people on £300m annual 3rd party spend, delivering £10m p.a.cost savings• Establish sourcing strategies across multiple spend categories, maximising global & local leverage, resulting in a reduction of c700 suppliers through supplier consolidation, tail spend management, service redesign and effective demand management and developing highly effective buying models for Energy, Telco and field services• Drive best in class commercial negotiation & contract management, restructuring commercial contracts to reduce risk, improve IP & termination rights and Supplier Service obligations• Put effective governance and process controls in place & established continuous improvement and design to cost initiatives to drive continuous cost and service improvements• Sitting on BT Ireland investment board, reduced 3rd party Capex by 10% YOY over past 4 years while driving significant return on investment• Streamlined procurement processes to reduce process variance & ensure SOX & ISO9001 compliance -
Senior Procurement ManagerBt Sep 2008 - Oct 2011London, GbReporting to General Manager, Procurement BT Ireland:• Developed sourcing strategies for key spend categories, delivering £12m cost savings over 3 years on Telco, Utilities, Outsourced services & Professional services• Manage in-life supplier relationships inc. supplier performance dashboard, risk register, cost & technology roadmaps• Manage internal senior stakeholder relationships & ensure alignment with overall business priorities• Deliver Year on Year Opex and Capex cost savings on 3rd party spend• Redesigned commercial buying models for Utilities, Telco & Maintenance services to achieve best in class cost base• Actively influenced customer contract negotiations, service design & sales pricing model• Developed & delivered sourcing strategies for critical new product launches, delivering £4m annualised cost savings -
Head Of Procurement - IrelandHp Sep 2002 - Sep 2008Palo Alto, Ca, UsReporting to Supply-chain director, managing £350m annual spend with a team of 14 people• Led strategic development of purchasing and supply-chain function in line with global purchasing, supply-chain and business unit strategies, delivering $29m P&L, $8m Capex savings through Supplier negotiation, consolidation, standardisation• Integrated Purchasing into cross-functional supply-chain team, delivering significant process improvements, consistently achieving 98%+ on-time in-bound Supplier delivery performance• Led outsourcing of In-country accounts payable function to Shared Services function in India• Led improvement of Supply-chain operational performance, reducing supply-chain overhead costs by 24%, inventory by 40%, excess & obsolescence costs by 60%• Established medium term Material cost and technology roadmaps in line with business needs and product life cycles• Influenced key stakeholders to deliver an integrated local and global Supply-chain function -
Senior Procurement ManagerHp Apr 2001 - Sep 2002Palo Alto, Ca, UsReporting to Purchasing Manager-Ireland, developed global Procurement category strategies across multiple spend categories, driving unit cost reduction, effective demand management and product and process design efficienciesKey spend categories: Ink, media, metals, capital equipmentInfluenced key local and global stakeholders to ensure Category strategy alignment and consistency in execution plansManaged In-life performance and risk profile for strategic suppliers (inc. Delivery, product availability, Cost reduction, asset management)Drove material cost and technology roadmaps in line with business needs and product life cycles across Global spend for specific categories Set-up a completely new 3rd party supply-base for a greenfield Media site to support aggressive revenue growth plan in Media joint venture. -
Commodity ManagerEurologic Systems Limited Apr 1997 - Apr 2001Reporting to Procurement Director, working in a high pressure, technology start-up environment in the fast-growing data storage solutions market, negotiated contracts, value engineering initiatives, managed in-life supplier relationships and risk management profile across various procurement categories. The role required fast but informed decision-making to ensure competitive pricing and optimum stock levels across multiple product lines. Also supported R&D piloting and product launches
Fergal Power Education Details
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Dublin City UniversityGeneral
Frequently Asked Questions about Fergal Power
What company does Fergal Power work for?
Fergal Power works for Aptiv
What is Fergal Power's role at the current company?
Fergal Power's current role is Vice President Indirect Sourcing Global Real Estate Logistics and SCM Compliance.
What schools did Fergal Power attend?
Fergal Power attended Dublin City University.
Who are Fergal Power's colleagues?
Fergal Power's colleagues are Alejandro Gonzalez Treviño, Parameswaran S, Manjusha Adusumilli, Brad Venter, Cynthia R Márquez, Jakub Polak, Ramamohan Reddy Nusum.
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