Marc Young Email and Phone Number
Certifications: APICS CPIM (Certified in Production and Inventory Management)Lean Six-Sigma Green BeltSpecialties: French (fluent); Spanish (intermediate)
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Business Control Manager, Global Third Party Program - Vice PresidentBank Of America Jul 2021 - PresentCharlotte, Nc, UsGlobal Third Party Program is responsible for Bank of America's third party sourcing/contracting, vendor management, supplier diversity and ESG, and the overall management of the Enterprise Third Party Program. As Business Control Manager, my primary responsibilities include:-Ownership of process design/framework, controls, and issue management for Nominal Risk third parties.-Ownership and maintenance of Plan Phase and Source Phase (i.e. onboarding) process guidance, training, and e-learning classes, inclusive of all Third Party Program requirements and activities.-Design and implement Operational Excellence initiatives and Change Requests aligned to Nominal Risk third parties and the Plan/Source Phase process (i.e.onboarding).-Manage Single Process Inventory process 'Perform Third Party Sourcing and Contract Execution', including development/maintenance of process model, controls, and metrics.-Key contributor to Third Party Program's transition to a new end-to-end Source-to-Pay procurement software application. Contributions included implementation of technology and non-technology projects, enterprise-wide training and readiness materials, and prioritization/backlog management. -
Process Engineer, Global Information Security - Vice PresidentBank Of America Jul 2019 - Jun 2021Charlotte, Nc, UsGlobal Information Security (GIS) is responsible for protecting the bank’s information systems, confidential and proprietary data, and customer information through a proactive strategy, the deployment of innovative controls and an agile operating model. As a Process Engineer on the GIS Process Excellence Team, our team's goal was to create and maintain a holistic view of GIS processes, educate Process Owners on best practices, and leverage Six Sigma principles to provide drive process excellence across GIS.As Process Engineer, my primary responsibilities included:-Leading GIS consulting engagements to identify process pain points, conduct root cause analysis, and identify process improvement opportunities.-Conducting business process modeling (in Software AG ARIS) for GIS processes.-Developing and maintaining the GIS Process Data Repository, which provides Process Owners accurate and up-to-date information about their process.-Managing the governance and performance of the inter-affiliate service of Information Security Risk Administration. -
Sr. Procurement Analyst, Global Procurement - Vice PresidentBank Of America Nov 2018 - Jul 2019Charlotte, Nc, UsAs a Sr. Procurement Analyst on the Business Engagement team within Global Procurement, our team had responsibility for partnering with Global Technology and Operations (GT&O) line of business stakeholders to drive value creation opportunities within the Bank's end-to-end procurement process. As Sr. Procurement Analyst, my primary responsibilities and activities included:-Sourcing Efficiency Manager for end-to-end GT&O procurement process.-Developing and maintaining GT&O Chief Information Officer (CIO) Dashboards in order to track the delivery of Global Procurement's end-to-end process and drive efficiencies in the sourcing process.-Implementing and maintaining a deal data repository that tracks the progress of GT&O deals through the sourcing process. -
Sr. Procurement Analyst, Global Procurement - Assistant Vice PresidentBank Of America May 2017 - Nov 2018Charlotte, Nc, UsAs a Sr. Procurement Analyst on the Strategy and Enablement team within Global Procurement, our team was responsible for optimizing the Bank’ s end-to-end procurement processes, developing procurement’s 12 to 36 month strategic plan, leading key procurement initiatives, and driving operational excellence.As Sr. Procurement Analyst, my primary responsibilities and activities included:-Managing Global Procurement’s Operational Excellence team of 160+ employees to map end-to-end processes and drive operational efficiency. Efforts generated over 150 improvement initiatives across Global Procurement in 2018.-Leading the design and implementation of an artificial intelligence (AI) technology solution to automate the capture and assessment of contractual risk. Solution will allow robust contract analytics and will reduce overall sourcing cycle time.-Developing, socializing, and tracking Global Procurement's strategy around sourcing innovation, third party framework, and employee satisfaction.-Driving analytics-based decision-making by creating and maintaining the Bank's Chief Procurement Officer’s (CPO) Dashboard. Conducted quarterly reviews with CPO on key metrics like ROI, Saves, Spend, Offshore Utilization, and Concentration Risk. -
Mba Leadership Development Program: Vendor ManagementBank Of America Jun 2016 - May 2017Charlotte, Nc, UsOne of four MBA candidates selected to participate in Global Procurement's two-year MBA Leadership Development Program. The goal of this program is to develop future leaders for strategic management positions.ATM Hardware and Service Vendor Management is a business critical function that manages Bank of America's ATM vendors to ensure adherence to business strategy, performance requirements and regulatory requirements.Key Activities of the role included:-Collaborating cross-functionally with Retail and Technology to manage day-to-day vendor performance and risk.-Negotiated pricing, service level agreements, and contractual language with three ATM vendors with annual spend of $100M+.-Incentivized ATM vendors to meet performance standards by creating contractual performance penalties and designing Bank’s ATM Performance Penalty Model, a tool that assigns financial penalties to vendor if performance falls below defined thresholds. -
Mba Leadership Development Program: Category ManagementBank Of America Jun 2015 - May 2016Charlotte, Nc, UsOne of four MBA candidates selected to participate in Global Procurement's two-year MBA Leadership Development Program. The goal of this program is to develop future leaders for strategic management positions.Category Management was Global Procurement’s strategic function responsible for providing oversight for end-to-end procurement activities through the development of category strategies and strategic initiatives. Key activities of the role included:-Collaborating with line of business stakeholders to develop category strategies and initiatives for categories of Shipping, Security, and Document Management.-Analyzing trends and developing pricing models to drive third party savings during contract negotiations with key vendors. -Developing, automating, and operationalizing Category Management KPI metric collection and reporting.-Building a Prioritization Model for Global Procurement change requests, providing senior leadership with a quantifiable priority ranking. -
Supply Chain Management Mba ConsultantAvaya Aug 2014 - Dec 2014Morristown, New Jersey, UsAvaya is a leading global provider of next-generation business collaboration and communications solutions, providing unified communications, real-time video collaboration, contact center, networking and related services to companies of all sizes around the world. As a Supply Chain Management Consultant for Avaya, I helped to develop logistics solutions that improved Avaya's processes for shipping goods from Avaya's Asian manufacturers to Avaya's global and North American distribution centers. This project lowered Avaya's freight costs and led to a reduction in warehouse costs, a reduction in inventory investment across the entire Supply Chain, and an overall improvement in on-time delivery. -
Production Planning Department Mba InternMichelin May 2014 - Aug 2014Clermont-Ferrand, Auvergne-Rhône-Alpes, FrThe Planning Department is responsible for developing the production schedule and for ensuring the availability of raw materials and components at this passenger tire production facility.To better understand the plant's semi-finished material usage variances, I developed a Material Usage Variance Analysis Tool that illustrates the largest contributors to material usage variance and allows for quick analysis of monthly trends. As a direct result of focused efforts based on this analysis tool, the plant was credited $449,139 by a supplier and within one month of implementation of this tool the plant's month-to-month material usage variance improved by $628,010. This tool is currently being implemented at multiple plants. Through close collaboration with Supplier and Customer Semi-finished Material Planners, I streamlined daily reporting of semi-finished material variances by developing a standardized operating procedure shared among Customer plants. This procedure eliminated nearly 45 minutes per day of non-value added work by the Customer Semi-Finished Material Planner. To improve visibility of in-transit semi-finished inventory, I collaborated with Supplier and Customer management and floor operators to develop an In-Transit Tracking Tool that tracks the duration at each phase of the Supplier/Customer logistics network. The built-in analysis of this tool permits Michelin logistics teams to quickly pinpoint where delays occur and to take concrete steps to minimize these delays. -
Marketing Mba ConsultantConitex Sonoco Jan 2014 - May 2014Conitex Sonoco is the world leader in the production of textile carriers for the spun yarn industry, and offers full packaging and handling solutions for spinning mills around the world.As a Marketing Consultant, I thoroughly analyzed the domestic thermoplastics industry to determine how Conitex Sonoco could increase its market presence within the industry. Working with a team of consultants, we developed a unique value proposition for Conitex Sonoco and devised a multipronged go-to-market strategy.
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Supply Chain And Logistics Performance Department Mba InternMichelin May 2013 - Dec 2013Clermont-Ferrand, Auvergne-Rhône-Alpes, FrMichelin's Supply Chain and Logistics Performance department is the central body responsible for developing and implementing Michelin's Supply Chain and Logistics best practices.During this 7-month Supply Chain internship, I served as the Project Manager for the development and design of an e-training program that will be implemented globally to train employees on the processes of Michelin’s Supply Chain. As the Project Manager, I designed a storyboard, created characters and dialogue, and worked with a team of graphic designers to conceive the animations. During the development of this e-training program, I collaborated with multiple business entities to ensure the successful communication of such topics as Sales and Operations Planning, Master Scheduling, Distribution Planning, Demand Management, and Inventory Management.The internship was entirely in French. -
Quality Assurance SpecialistSouthern Graphic Systems Jun 2010 - May 2012Louisville, Ky, UsThe Quality Assurance Department's primary functions were to ensure high-quality and consistent deliverables to the customer base (Procter & Gamble and L'Oreal, among others), and to continually implement lean business systems throughout the plant.During my two years in SGS’s Quality Assurance department, I developed, implemented, and maintained process-driven lean systems. The success of our plant's lean operations encouraged senior management to streamline our processes to plants around the United States. To increase the efficiency of our plant's training procedures, I implemented a Microsoft SharePoint intranet site that improved communication and nearly eliminated paper costs. This SharePoint site served as a model for multiple plants within the company. While at SGS, management provided me the leadership roles of Proofreader Trainer, Procter & Gamble Regulatory Specialist, and Plant Trainer. -
English Language AssistantFrench Ministry Of Education Oct 2008 - May 2010As an English Language Assistant, I prepared lessons and taught English grammar, pronunciation, accentuation, and vocabulary to children, adolescents, and adults in the Nord-Pas-de-Calais region of northern France.
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Agency Administration Department InternGreat American Insurance Jun 2008 - Sep 2008Cincinnati, Oh, UsGreat American Insurance Group (subsidiary of American Financial Group, Inc.) is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities.As the Agency Administration Department Intern, I enhanced technological innovation by aiding the transition from an antiquated database to the newer, faster, and more user-friendly Producer Relationship Management system. To ensure Great American Insurance Group's commitment to providing high quality agents, I validated credentials and background information of more than 7,500 insurance agents and purged agents from the system database whose credentials were expired.
Marc Young Skills
Marc Young Education Details
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University Of South Carolina Darla Moore School Of BusinessSupply Chain And Operations Management -
Baldwin Wallace UniversityBusiness Administration And French
Frequently Asked Questions about Marc Young
What company does Marc Young work for?
Marc Young works for Bank Of America
What is Marc Young's role at the current company?
Marc Young's current role is Business Control Manager, Global Third Party Program at Bank of America.
What schools did Marc Young attend?
Marc Young attended University Of South Carolina Darla Moore School Of Business, Baldwin Wallace University.
What are some of Marc Young's interests?
Marc Young has interest in Poverty Alleviation, Social Services, Children, Education.
What skills is Marc Young known for?
Marc Young has skills like French, Microsoft Office, Microsoft Excel, Operations Management, Adobe Acrobat, Powerpoint, Leadership, Management, Microsoft Word, Facebook, Logistics, Supply Chain.
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