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Jared Rice is a Associate Director of Procurement at Humacyte at Humacyte. He possess expertise in strategic sourcing, process improvement, supply chain management, procurement, negotiation and 23 more skills.
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Associate Director, ProcurementHumacyte Apr 2023 - PresentDurham, Nc, Us -
Procurement ManagerGrifols Jun 2018 - Mar 2023Sant Cugat Del Vallès, Barcelona, Es• Day-to-Day supervision of team of direct materials procurement team• Introduced tools and standardized procedures for early identification of supply risks• Maintained 100% uptime for manufacturing throughout pandemic related supply chain issues• Consistently met annual $1MM+ Savings and Cost Avoidance targets• Negotiated and executed multi-year Supply Agreements with key vendors• Developed new methodology for setting standard costs for high volume components to reduce purchase price variance -
Sourcing ManagerCree Aug 2016 - Jun 2018Durham, Nc, Us• Negotiated Quarter over Quarter price reductions resulting in 5% savings on total quarterly spend• Led initiative to diversify supply base for key raw materials• Negotiated long term supply agreements, consignment contracts, rebate agreements, and stocking agreements across the supply base• Developed, Created, and Delivered semi-annual supplier scorecards -
Buyer/Planner IiiCree Jul 2014 - Aug 2016Durham, Nc, Us• Managed $175MM annual raw material and production consumable spend to support the LED Business Unit• Developed and implemented tool for calculating reorder points and quantities, improving on-hand inventory service levels to greater than 99.5%• Improved the performance of multiple suppliers through the use of Suppler Corrective Action Reports, working with the supplier to determine root cause of issues, develop a solution, and follow that solution through to completion• Redesigned and deployed new ordering process for manually ordered parts, leading to significant improvements in order accuracy and supplier on-time delivery -
Production BuyerDeere-Hitachi May 2012 - Jul 2014• Redesigned and deployed new ordering process for manually ordered parts, leading to significant improvements in order accuracy and supplier on-time delivery• Organized and streamlined delivery schedules for high volume suppliers leading to reduced shipping costs and improved efficiencies in receiving.• Led initiative to institute Kanban planning systems for high use, resulting in fewer production line interruptions and more efficient ordering processes• Maintained supplier on-time delivery performance of greater than 95%• Improved the performance of multiple suppliers through the use of Suppler Corrective Action Reports, working with the supplier to determine root cause of issues, develop a solution, and follow that solution through to completion• Supervised a team of three expeditors to ensure production line part coverage
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Sourcing SpecialistGep Worldwide Jun 2011 - May 2012Clark, New Jersey, Us• Led the strategic sourcing initiative for new IT hardware, a $4.7MM spend, from Request for Information (RFI) through implementation and achieved a savings of 9.2%• Led the procurement function for marketing materials for a multi-brand marketing campaign• Managed all supplier contracts for the Marketing Materials, Strategy and Planning, and Trade Marketing divisions, ensuring that all proper documentation was in place before any goods or services were rendered.• Responsible for contracts greater than $10MM, obtaining signatures from C-Level executives at both Reynolds and Suppliers -
Client Services ManagerMediant Communications Jan 2011 - Jun 2011New York, New York, UsPromoted to this position to create new Investment Company relationships, maintain current relationships, and improve overall teamprocesses. Designed and implemented a new process to consolidate data and files from multiple sources into a central location. This solution also created a shared work environment and increased transparency between the CSM team and management. Managed relationships with 25 Investment Companies Ensured the timely delivery of investment materials to 370,000 shareholders -
Operations AssociateMediant Communications Jan 2010 - Jan 2011New York, New York, UsRecruited to this position to assist in the electronic delivery of Post-Sale investment documents as required by the SEC. Established quality assurance process which improved accuracy from 72% to 90% Maintained database of funds and related documents for all major US Investment Companies Created and maintained statistical quality assurance system Wrote, obtained approval, and implemented processing procedures for daily operations Responsible for ensuring accuracy of all work processed by the team.
Jared Rice Skills
Jared Rice Education Details
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Wake Forest UniversityGeneral -
North Carolina State UniversityManagement And Operations -
North Carolina State UniversityBusiness Administration
Frequently Asked Questions about Jared Rice
What company does Jared Rice work for?
Jared Rice works for Humacyte
What is Jared Rice's role at the current company?
Jared Rice's current role is Associate Director of Procurement at Humacyte.
What is Jared Rice's email address?
Jared Rice's email address is ja****@****ols.com
What is Jared Rice's direct phone number?
Jared Rice's direct phone number is +183223*****
What schools did Jared Rice attend?
Jared Rice attended Wake Forest University, North Carolina State University, North Carolina State University.
What skills is Jared Rice known for?
Jared Rice has skills like Strategic Sourcing, Process Improvement, Supply Chain Management, Procurement, Negotiation, Sap, Supply Chain, Manufacturing, Microsoft Excel, Project Planning, Operations Management, Powerpoint.
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