Ivan F. Banchs Email & Phone Number

Racine, Wisconsin, United States

• Direct, execute, and evaluate system-wide purchasing processes and practices to ensure material availability to support company budget and financial goals. • Lead a team of 8 (6 onsite & 2 remote) in Sourcing and Purchasing activities ensuring adequate placement and management of MRP signals.• Managed material return process with collaboration of the Quality department ensuring prompt response to support production needs.• Managed over $55MM direct annual spend across 459 suppliers with focus on supply chain consolidation and simplification, delivery of cost out to support operating margins, and strategically aligning the supply chain to support expected business growth.

• Managed over $120MM annual spend across highly skilled 12 global niche supplier portfolio to ensure that we are maximizing and optimizing returns to business outcomes.• Delivered yearly cost out savings through supplier & customer management, as well as strategizing and executing on project playbook.• Strategic project: Develop and execute supplier strategy to strengthen supplier portfolio while optimizing supplier and business growth and expansion.

Cincinnati, Ohio

Cincinnati, Ohio

• Led national team of local Supplier Relationship & Performance Managers (SPM) for the commodity to ensure connectivity amongst GE Aviation Sourcing and Supplier base.• Developed and executed commodity wide GEAPS (GE Aviation Production System) adoption for process optimization.• Strategized and executed on supplier delinquency burndown strategy obtaining results of reduction of delinquent hardware through big data processing and analytics.

Cincinnati, Ohio

• Leader and focal for New Product Introduction teams: GE9x & LM9000 engines in the Small Parts commodity.• Delivered all components for the GE9x program per the component required date with no disruption to engine build plan.• LM9000 supplier selection based on optimal cost & delivery strategy to support program cost out walk from NPI to production environment.

Cincinnati Area, Ky

Strategic Sourcing - C-Parts| Owned all LEAP Readiness coordination efforts for the team. Ensured all action plans, dual sources, transitions were effectively executed, and plan results conveyed to end-customer. Led GE9X Engineering, Sourcing and Fulfillment strategy for C-Parts team. Developed internal processes and rhythm to drive action plans to closure.

Jacksonville, Florida Area

BGA-IS VS – Material Planner | Developed strategy and executed tool for monitoring and impacting sales plan - build plan production misalignment for SWC shop. Managed $ 4.2 MM in product from SWC. Increased line of sight for planning product by 75%. Simplified the classification system for Planner Codes for all parts assigned to Planner for Aftermarket flow-through material. Identified and executed $73K inventory transaction to eliminate non-current/obsolete configuration material from shop. Developed strategy for Min-Max on low cost-high price (big margin) flow-through from SWC to JAX that belong to Delta contract. Led a Lean Kaizen Event; obtained 7-day cycle reduction improvement minimizing COGS impact to the business.

Cincinnati, Ohio Area

Buyer - Global Machining & Fabrications| Establish and execute strategy for long term agreements with suppliers through 2020. Develop and execute strategy to offload & exit high risk supplier. Proactively manage 4 suppliers with a 2015 annual spend of $39MM.

Cincinnati, Ohio Area

Spares and Component Repair Forecasting| Inventory and Demand Management: Expanded and developed production-ready Kanban strategy to all Component Repair shops. Scrap replacement / SPAD fulfillment: Proactively manage CSL for Component Repair Shops.

Lafayette, Indiana Area

Graduate Assistant with Krannert Executive Education Program (KEEP) at Krannert School of Management, Purdue University.

Houston, Texas Area

• Develop IT query database for commercial terms supplier contract negotiations.• Develop commercial risk profile for Supplier Contract Negotiators to advise Category Managers on the probability of anticipated commercial risks for the company.

Purdue University

Experiential Learning Initiative ProjectElaborate consignment proposal for vendor managed inventory. Maximize capacity and production setups to utilize 3 facilities to make all production for customer.Verallia (Muncie, IN)

Monterrey Area, Mexico

- Developed strategic plans for five different product lines manufactured in plant.- Increased revenue from $2.4M (2010) to $6.4M (2011) and improved on-time delivery from 36.8% (YTD 2010) to 61.0% (YTD 2011) by implementing work cells, decreasing lead times, and additional machining capacity.

Monterrey Area, Mexico

- Created Master Schedule for plant through optimization of resources and processes. Developed various Access reports and established parameters for future incoming orders and production.

Guadalupe Area, Mexico

- Master Scheduler for 8 different assembly lines. Reviewing forecasts, incoming order rates, supplier performance, and different key indicators to feed all assembly lines.- Directly interacted with customer ensuring on-time delivery and proper product quality.- Implemented a new assembly production, which was transmitted to suppliers in order to align all production to JIT.- Planned capacities and line rates for assembly lines.

Guadalupe Area, Mexico

- Supervised packaging warehouse with over 100 different part numbers.- Organizing warehouse and implementing controls for the warehouse.- Expedite materials for packing parts warehouse.

Master Of Business Administration (Mba), Business Administration, Management And Operations

Activities and Societies: Krannert Hispanic Management Association, Krannert Operations Club, Krannert Golf ClubElected VP of Finance.

Bachelor'S Of Science, Mechanical Engineering

Education record