Jorge Velez Email & Phone Number

Houston, Tx, Us

Houston, Texas, Us

Support key categories such as Lab, Blood Bank, Respiratory, Research Institute, Perfusion, Dialysis, and Freight. Notable Accomplishments: Lead the Sourcing bid for lab. Estimated savings of $450K (7.5% of total spend). RFP evaluation and analysis, including incentives and rebates. Contract negotiation including implementation, contingency plan, price increases, performance and KPIs, etc. Support IT with the RFPs for cloud ERP Services, Intranet Services and Customer Relations Services. Created a dual sourcing strategy for Dialysis to mitigate COVID related supplies shortages  Representative for Strategic Sourcing & Contrast on DNV surveys (accreditation)

• Provided executive leadership in developing and executing global supply chain and operations capabilities; including sourcing, purchasing, risk mitigation, trade compliance, quality, inventory, safety and transportation/logistics. • Leading, developing and coaching, a team of 56 professionals, with 7 direct reports across multi-country locations. • P&L accountability for Supply Chain, including purchasing, sourcing, quality, distribution and logistics budgets.Notable Accomplishments: • Improved cash flow by increasing payment terms from 30 days to 45 days with main suppliers (65% of spent) • Led the implementation of Sales and Operations Planning, increasing on-time shipments over from 87%to 98%. • Reduced obsolete inventory by over $1M (7%). • Re-structured the Sourcing department, introducing a strategic prospecting and on-boarding process. • Successfully consolidated the entire inventory into one single warehouse closing down six “satellite” warehouses, with zero safety incidents; generating over $750K in savings. • Smoothly converted 33 customers to EDI, improving accuracy, workflow and Customer Service, reducing order processing from an average of 5 days to 24 hours.

IGLOO PRODUCTS CORPORATION (www.igloocoolers.com)  Katy, TX, USA • Leverage industry expertise in administering the offshore office in China; spearheading a team of 11 professionals, including a General Manager, Sourcing Managers, Project Managers, Supplier Coordinators, and Quality associates; and collaborating with Design and Product Managers on Product Development. • Oversee budget development and P&L of over $75M in spentNotable Accomplishments: • Successfully minimize dependency from Asia suppliers through the development of a Latin America supply chain. 50% of a sub-category was sourced out of a new supplier, with shorter lead-time and better margin. • Directed the execution of a multi-source strategy by Introducing new suppliers for the top 6 customers (60% of sales). Reducing risk, increasing capacity and leveraging negotiation power (an average of 3% cost reduction) • Streamlined the company’s sourcing policy as well as the vendor on board and selection process, reducing it from over a year to 3-4 months; exemplified business acumen in negotiating new supplier agreements. • Developed and implemented a purchasing and inventory strategy, buying at a 3 -5% discount during suppliers low season, and maintaining the inventory at their plants until needed, reducing working capital and improving cash flow.

• Lead the offshore office in China. A team of 11 people, including a general manager, project managers, supplier coordinators and quality associates. Responsible for Budget and P&L, Strategic Sourcing, Supplier Management, Social Compliance, Quality, support to Design and Product Managers on new product development.• Acting as Purchasing Manager interim. • Implemented a Global Sourcing Strategy to mitigate risk and exposure through diversified supplier- base; including the introduction of new suppliers for soft cooler bags and stainless steel handles.• Redesigned the company’s Sourcing Policy and negotiated new supplier agreements.• Integrate Quality as an strategic area to proactively drive YOY productivity.• Improve the vendor on board and selection process.• Established execution and discipline for the Sourcing Calendar.• Developed new supply chain in Central and South America region in order to reduce dependency from Asia suppliers.• Created and executed a purchasing and inventory strategy yielding greater customer satisfaction.• Resourced and re-negotiated three major programs, with savings of $750K • Achieved over $1.7M in savings during 2012 - 2015 seasons.• Maintain or reduce cost across main categories for three consecutive years despite of inflation, labor and material cost being on the rise in China.• Optimization of Oracle utilization.

Mason, Oh, Us

• Led a team of 26 people, with two managers as direct reports, managing all aspects of manufacturing, planning, sourcing, product development, quality, budget execution, and sales and merchandising support.• Restructured the area, defining job descriptions roles and responsibilities. Reduction of 36% of overhead.• Reduced production lead-time from 12 to 8 weeks. Developed a line with a 4 weeks lead-time.• Increased the on-time percentage from 76% to 98% using Six Sigma tools.• Increased job satisfaction and partner engagement, being the area with the highest score.• Developed a new cost/price strategy, as a result sales increased by 35% and margin increased by 15%.• Implemented a sourcing product strategy to reduce the vendor base and increase power negotiation for Cintas.

Mason, Oh, Us

• Developed over 150 products on the tailored category with a 98% on time delivery.• Improved cross-functional relationship between Sourcing and Merchandising, based on mutual trust and respect.• Achieved over $2M in savings and exceed margin goals by 2% by developing full package vendors with a direct supply chain, resourcing products from a western hemisphere vendor based to off shore vendors, mainly in Asia.

Mason, Oh, Us

• Resourced over 50 products with savings over $1.5M• Reduced by 40% the raw material inventory discrepancies at the vendor’s plants.• Increased on time delivery to over 90% and reduced overall lead-time by 20%.• Improved the planning – sourcing relationship, creating collaborative ambiance.

Mentor, Ohio, Us

• Contributed to establish successfully Paxar in Peru with a cross-functional team.• Implemented a marketing strategy for the apparel division, increasing market share from 28% to 45% and sales by 25%.• Developed a purchasing tool to effectively manage inventory and reduce transportation and logistics cost, reducing inventory by 30% and increase turns from 1.7 to 2.6.• Established and product development and innovation department.

Mentor, Ohio, Us

• Established forecast tools for apparel manufacturers to increase fulfillment rate and reduce liability.• Increased sales by 40%. Developed a structure to support eleven US brands by the end of 2002, 500% more than in1999.• Implemented training schedules, improved technical communication and support from Paxar USA.

Mentor, Ohio, Us

• Established manufacturing specifications and production standards• Increased productivity by 100% with a 30% overhead reduction by redesigned the manufacturing process flow.

Certificate, Marketing Strategy

Master’S Degree, Finance, General

Certificate, Business Management And Marketing

Production Engineer, Bachelor Of Science Degree In Production Engineering