Kristopher Shelton Email & Phone Number

St. Paul, Mn, Us

Founder and managing partner of holding company for residential real estate acquisitions and property management

Minneapolis, Minnesota, Us

I lead a team of seven responsible for developing the sourcing strategy for Xcel Energy’s renewable categories. This portfolio consists of mission critical categories in excess of $1.7B in annual spend including wind, solar, battery storage, poles & structures, transformers, and renewable services.Our team is responsible for optimizing costs, quality, lead time for materials supporting major construction and infrastructure projects while building and incubating relationships with key suppliers.

Minneapolis, Minnesota, Us

Internal management consultant responsible for leading enterprise improvement and value capture initiativesResponsible for the development of business cases, budgets, and cost/benefit analyses supporting opportunitiesDesigned and implemented PMO and control tower for enterprise continuous improvement initiatives

Minneapolis, Minnesota, Us

Built new organizational capability and team consisting of 12 analysts responsible for translating commodity, labor, and economic trends to actionable supply chain strategies for risk mitigation and value captureDesigned and delivered full suite of spend analytics dashboards and modeling tools; led team that designed Nintex based tool to automate and visualize the workflow of supply chain requests Led the development and implementation of formal supply continuity and risk protocol; mitigating pandemic related supply chain disruptions by more than 50%Provided regular economic and supply chain consulting to CEO and company executivesDeveloped should cost modeling process and tools, forecasting total cost of ownership for various scenarios based on changes in labor and commodity inputs

Minneapolis, Minnesota, Us

Fully accountable for sourcing strategy design within the fleet, HR, facilities, and consulting services categories; encompassing over $700M in annual spendAnalyze market trends, spend, and supplier landscape to benchmark costs and identify savings opportunities; working with leadership to forecast stakeholder needsLead negotiator for complex agreements including medical, pharmacy, and BPOOversee supplier performance while driving value through SLA’s and KPI’sReceived Innovator Award for Plus 1 medical strategy that drove $25M in savings Co-lead for development and execution of global sourcing strategy business planDeveloped and executed transformational reset of fleet parts business process outsourcing program Responsible for the leadership of three category teams comprised of 7 sourcing professionalsRegular engagement with executive leadership as a result of managing strategic company projects

Minneapolis, Minnesota, Us

Led development of high value sourcing events from business case ideation through contract negotiation, leveraging enterprise sourcing tools including Ariba and SAPCaptured $21M in savings through full renegotiation of corporate pharmacy benefitsDesigned training for new hires to ensure supply chain best practices were instilled Secured $1.3M in savings through competition of advertising agency services

Minneapolis, Minnesota, Us

Provided project leadership through the full sourcing process for initiatives up to $90M eachCollaborated with category manager to design, implement, and execute sourcing strategyProvided expertise to wide range of functional areas including all corporate categoriesTransformed category strategy to a pay for performance model, mitigating financial risk to XcelDelivered high quality training to new hires to ensure supply chain best practices are instilled

Minneapolis, Minnesota, Us

Provided variety of sourcing and purchasing support to HR/Benefits, Marketing, and IT/Telecom categoriesGenerated $388,000 in savings during the first year in the positionCollaborated with category manager to ensure activities are in alignment with category strategyCreated and presented MBA thesis project surrounding category teams at the company

River Falls, Wi, Us

Provide relevant, high-quality instruction for undergraduate courses in the college of business and economics Developed full curriculum for undergraduate project management course in both virtual and live formatsFacilitated project management professional panel; engaging students, and industry practitioners

Eden Prairie, Mn, Us

Procured needs for $100 million in annual revenue for the nation’s 3rd largest grocer across 7 distribution centers nationwide while maintaining 97% in stock levelDesigned and delivered supply chain introductory course to new buyers within the companyProvided a knowledgeable resource of macroeconomic agricultural conditions for field representatives to draw fromExtensive work with warehouses and transportation to gain as much efficiency as possible in delivering product to retail including but not limited to: cross docking, backhauls, and intercompany transfersWorked to help implement new process and safeguards to raise fresh poultry service level to 99.5%

Eden Prairie, Mn, Us

Developed profitable relationships with many vendors including but not limited to: General Mills, Tyson Foods, Gold N Plump Poultry, Crystal Farms, Hormel, & Jennie OMaintained exceptional knowledge of commodity futures markets including spot/contract pricing Analyzed national sales trends and utilized detailed Key Performance Indicators (KPI's) to anticipate needs of over 2,000 retailers Worked cross-functionally with vendors, brokers, field sales reps, warehouses, and transportation to effectively manage all facets of the supply chain from manufacturer’s plant to retail shelfForecasted ads for Cub Foods, Coborn’s, Dan’s, & Hornbacher store groupsWorked with category management to obtain a greater understanding of product offering, promotional scheduling, and retail pricing Reacted quickly to ever-changing conditions and resolved issues including product shortages, transportation delays, and warehouse/logistical challenges

Duluth, Mn, Us

Sourced, examined, and evaluated Allete acquisition targets Prepared analysis and presentations to be utilized at the Board of Directors levelInterpreted macroeconomic energy trends through global and domestic analysis Assisted with due diligence process of acquisitions Created private equity and investment bank database and provided research to senior management

Minneapolis And St. Paul, Minnesota, Us

Provided research support and statistical analysis to finance doctoral staffConducted research related to capital markets, interest rates, and monetary policyGained proficiency with SPSS and SAS statistical software

Mba

Certified Lean Practicioner

Bba, Financial Markets