Luis Velazquez

Luis Velazquez Email and Phone Number

Sourcing executive and board member leading the next wave of tech forward apparel brands @ Fabletics
Luis Velazquez's Location
Los Angeles Metropolitan Area, United States, United States
About Luis Velazquez

Entrepreneurial product development and global sourcing executive with proven history of delivering returns to shareholders by updating processes, organizations, & technology increasing speed while focusing on customer. Leads with optimism and strong coaching skills with experience leading progressive transformations in complex organizations.

Luis Velazquez's Current Company Details
Fabletics

Fabletics

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Sourcing executive and board member leading the next wave of tech forward apparel brands
Luis Velazquez Work Experience Details
  • Fabletics
    Svp Product Development And Sourcing
    Fabletics Oct 2023 - Present
    El Segundo, Ca, Us
  • Fabletics
    Vp Product Development And Sourcing
    Fabletics Jun 2019 - Oct 2023
    El Segundo, Ca, Us
    -Oversee fabric R&D, product development, sample room, and sourcing for 4 global brands-Develop product launch and brand launch strategy-Create and manage product development calendar-Build and implement global sourcing strategy to enable scale for high growth company-Negotiate exclusive contracts for key proprietary materials-Guide technology investments to enable scale and growth-Coach and develop future leaders
  • Yitty
    Vp Product Development & Sourcing
    Yitty Oct 2020 - Oct 2023
    El Segundo, California, Us
    - Create product development calendar and plan for launch- Develop sourcing strategy for brand new business- Develop packaging and labels strategy- Create a team to manage the business- Build out wear testing, lab and quality standards
  • Desl
    Director Of Business Consultancy
    Desl Dec 2018 - Jun 2019
    Cardiff, Gb
    Creating excellence in client discovery, implementations and support.
  • Desl
    Client Engagement
    Desl May 2018 - Dec 2018
    Cardiff, Gb
    Leading clients through the process of discovering DESL
  • Lectra
    Director Of Business Development
    Lectra May 2013 - Jun 2017
    Paris, Fr
    Lead discovery and analysis of business solution opportunities for all clients in North America. Implement projects that add value to client product development operations.• Develop project opportunities based on deep understanding of the clients needs and long term strategic objectives• Manage implementation of PLM projects on time and on budget• Ensure customer satisfaction by measuring ROI on projects deliveredThought leadership on product development best practices and future direction
  • Cafeteria La Mejor
    Co-Owner
    Cafeteria La Mejor Aug 2012 - Aug 2015
    Designed & opened premium coffee bar by creating & managing project calendar & overseeing contractors. Manage company finances & contracts with all vendors. Explore & implement growth opportunities.• Designed, built & opened business in 4 months & 8% under budget• Earned highest approval rating of coffee shops in Bushwick (according to yelp.com) & featured in bon appétit March 2013 as Editors Favorite.• Achieved positive cash flow by end of first year.
  • Gap Inc.
    Senior Director, Global Design And Merchandising Solutions
    Gap Inc. Apr 2011 - Dec 2012
    San Francisco, California, Us
    Managed systems portfolio in design & merchant domain for all 5 brands (over 900 users) inclusive of Seasonal Plan, PLM, Item Management, & Assortment Planning. Led analysis to streamline & connect disparate systems globally.• Led budget approval for 2013 initializing 3-year investment & process change roadmap unifying development process & technology for all brands lowering operating costs & removing global top line growth barriers.• Implemented a Change Log process & tool lowering total product line changes by 20%.
  • Gap Inc.
    Director Of Supply Chain Strategy
    Gap Inc. Sep 2009 - Apr 2011
    San Francisco, California, Us
    Developed & implemented best-in-class supply chain practices across all 5 Gap brand offices & 300 employees supporting global growth & turn around efforts.• Implemented PLM solution all 5 global Gap brand offices.• Developed & implemented process for forecasting COGS offsetting commodity market pressures by 10%.• Developed & managed streamlined brand product calendar reducing pipeline by 4 weeks.• Guided restructuring efforts for unified globally effective product development team reducing SG&A costs by 20%.
  • Gap Inc.
    Director Of Production - Womens Wovens
    Gap Inc. Nov 2007 - Sep 2009
    San Francisco, California, Us
    Managed 5 person team leading development & sourcing strategy for $500 million annual sales volume by negotiating directly with global suppliers for best costs.• Developed standard operating practices for costing & forecasting reducing COGS by 12%.• Developed fabric & trim development cost structure matrix leading to 50% decrease in sampling charges.• Simplified development process by streamlining work & reorganizing team leading to 20% reduction in SGA.• Maintained highest manager approval rating in division by mentoring & coaching.
  • Gap Inc.
    Senior Consultant
    Gap Inc. Mar 2006 - Nov 2007
    San Francisco, California, Us
    Implemented PLM into 3 NYC based brands by developing & implementing training for over 200 users. Lead team of 3 analysts converting data from legacy systems ensuring a smooth transition.• Converted over 1200 Points of Measure, over 15 grade rules & 50 blocks allowing on time transition to PLM platform 8% under budget.• Trained 3 full time trainers, 4 production support analysts & 200 brand users.• Created user feedback sessions helping ensure user experience shaped future enhancement releases.
  • Pacific Sunwear Of California
    Product Manager
    Pacific Sunwear Of California Apr 2003 - Jan 2006
    Anaheim, Ca, Us
    Led team of 3, developing product & managing sourcing for several proprietary brands totaling over $125 million at retail. Led business process modernization efforts complying with new government regulations & best practices.• Launched 3 new brands leading to $30 million in incremental sales.• Developed & launched SOP for product & marketing approvals allowing existing teams to take on additional brands with no additional headcount.• Piloted & then led implementation of PLM system shortening leadtimes by 4 weeks.• Developed practices within vendor base supporting CTPAT certification & monitored with on site visits to factories globally ensuring safety & speed of product pipeline.
  • Gap Inc
    Associate Production Manager
    Gap Inc Oct 1999 - Apr 2003
    San Francisco, California, Us
    Sourced & managed apparel manufacturing facilities in Central & South America, totaling $150 million retail per year. Ensured inventory levels by working with planners & global production teams to manage decision trigger dates & approvals.• Maintained consistent on time percentage of 98%• Maintained quality failure rate under 5%.• Maintained year over year product cost savings of 5%

Luis Velazquez Skills

Product Development Management Apparel Retail Cross Functional Team Leadership Strategy Fashion Sourcing Business Strategy Product Management Marketing Entrepreneurship Project Management Global Sourcing Strategic Planning Leadership Training Negotiation Textiles Denim Sales Forecasting Supply Chain Management Process Improvement Brand Development Team Leadership Supply Chain Business Process Analysis Business Process Improvement Change Management Competitive Analysis Wovens Outerwear Purchasing Knitwear Fit Brand Management Target Costing Sportswear Budgets Cogs

Luis Velazquez Education Details

  • Columbia Business School
    Columbia Business School
    Innovation And Corporate Restructuring
  • University Of Central Florida
    University Of Central Florida
    English Literature

Frequently Asked Questions about Luis Velazquez

What company does Luis Velazquez work for?

Luis Velazquez works for Fabletics

What is Luis Velazquez's role at the current company?

Luis Velazquez's current role is Sourcing executive and board member leading the next wave of tech forward apparel brands.

What is Luis Velazquez's email address?

Luis Velazquez's email address is lu****@****ail.com

What is Luis Velazquez's direct phone number?

Luis Velazquez's direct phone number is +164691*****

What schools did Luis Velazquez attend?

Luis Velazquez attended Columbia Business School, University Of Central Florida.

What are some of Luis Velazquez's interests?

Luis Velazquez has interest in Civil Rights And Social Action, Education, Economic Empowerment.

What skills is Luis Velazquez known for?

Luis Velazquez has skills like Product Development, Management, Apparel, Retail, Cross Functional Team Leadership, Strategy, Fashion, Sourcing, Business Strategy, Product Management, Marketing, Entrepreneurship.

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