Martha Thompson Email and Phone Number
As a dynamic and visionary professional, I bring over a decade of progressive leadership experience in strategic sourcing and material program management within the top-tier defense and electronics sectors. My career is highlighted by an exceptional track record in driving transformative supply chain strategies, achieving significant cost reductions, and enhancing operational efficiencies across global commodities. I specialize in aligning commodity strategies with business growth objectives, optimizing supplier performance, and spearheading innovative procurement solutions to mitigate risks and improve profitability.My expertise lies in leading cross-functional teams to foster strong supplier relationships and deliver impactful results in highly competitive environments. I am skilled in navigating complex supply chain challenges, implementing rigorous process improvements, and driving material availability to support critical production schedules. My approach is characterized by advanced problem-solving skills in supplier-related issues, ensuring rapid identification of root causes and leveraging my sourcing expertise to eliminate barriers.Throughout my career, I have demonstrated an unwavering commitment to excellence, innovation, and strategic thinking. My ability to anticipate and adapt to the evolving demands of the supply chain and procurement landscape has allowed me to contribute significantly to the success and growth of my organization. I am passionate about driving efficiency and sustainability in supply chain practices, and I am always looking for new challenges that will allow me to make a positive impact on the business and its stakeholders. Let's connect and explore how we can drive success together in this ever-evolving industry.
Verizon
View- Website:
- verizon.com
- Employees:
- 97920
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Category Sourcing Management (Contractor)VerizonTexas, United States -
Assoc Dir, Commodity StrategyRaytheon Jan 2021 - Feb 2024Dallas/Fort Worth AreaDirected Strategic Commodity Managers across Raytheon global commodities including metals and machining, optics, integrated electronic assemblies, general electrical and hybrids, expanding control to all business units for commodities totaling over $2 billion in spend, focusing on cost reduction, lead time mitigation, profitability increase, and enhanced accountability. Spearheaded the development and execution of supplier optimization roadmaps, emphasizing the growth of high-performing suppliers and the reduction of underperformers through strategic program funding and resource allocation. Formulated and enforced commodity strategies to align with spend patterns and anticipate future growth, ensuring strategic alignment with business objectives. Instituted “Agreement Sprints” for crafting and implementing both Long Term and Short Term/Spot Buy Agreements, targeting critical pursuits and managing demand loads.• Achieved over $14 million in savings by successfully sourcing multiple suppliers for critical components across SNS factories, effectively mitigating material shortages.• Delivered a 10% improvement in proposal competition success rates, demonstrating enhanced competitive positioning.• Identified, sourced, and provided over 100 component part numbers and more than 10,000 pieces to CCA suppliers, addressing MRP non-support challenges amidst global supply chain constraints.• Realized $2 million in savings within 6 months through implementation of “Agreement Sprints” for critical proposals and program implementations. -
Material Program Management Associate DirectorRaytheon Jan 2018 - Jan 2021Dallas/Fort Worth AreaLed Material Program Management teams across key product lines, and franchise programs driving material program strategies to meet business goals. Pioneered material availability review and mitigation strategies in collaboration with the RTS Production Control function, significantly enhancing kit availability rates. Instituted rigorous proposal and gating processes, utilizing comprehensive strategies and risk profiles to align cost and lead times with customer expectations. Championed Supply Chain company-funded initiatives to surpass material sales goals with long-lead internal and external suppliers.• Recognized for submitting a fully compliant Stinger multi-year proposal, setting a best practice standard within Supply Chain Management.• Achieved over 10% improvement in Kit Availability, reaching beyond 90%, through dedicated material availability projects and strategic planning.• Exceeded ambitious material sales plans through proactive leadership and management of long-lead supplier initiatives, demonstrating exceptional supply chain strategy execution. -
Sr Mgr, Supply Chain Operations TechnologyRaytheon Jan 2016 - Jan 2018Dallas/Fort Worth AreaStrategic leader of a team comprising 3 managers and 12 professionals in driving tactical and transformational supply chain initiatives, focusing on metrics improvement, compliance, system enhancements, and process optimization. Acted as a sub-business leader within the Enterprise Contracts and Supply Chain Technology Council, piloting critical technology and process improvement projects. Co-led the development of innovative supplier risk identification processes, incorporating regional and event-based risk factors to enhance predictability and material availability.• Pioneered the SAS SC Data Analytics Improvement team, improving data analytics capabilities / turning time from weeks to days.• Co-led a team that successfully developed and implemented a process for identifying supplier risk by region and event, including a real-time interactive map, leading to improved delivery predictability and material availability, demonstrating strategic foresight and innovative problem-solving skills. -
Supply Chain ManagerRaytheon Jan 2009 - Jan 2016Plano, Texas, United StatesManaged the Supplier Integrated Product Teams (SIPT) and Texas sites MPM teams, comprising 4 managers and 11 buyers, managing over $200 million in annual spend, focusing on supplier relationship management and internal customer communications regarding quality, cost, and schedule. Ensured FAR compliance, conducted supplier capacity analyses, and led contract negotiations to optimize supply base and achieve supplier diversity spend. Directed supply base optimization and supplier assessments, enhancing supplier performance and compliance. Managed the intricate relationship between business units and internal manufacturing sites, ensuring seamless material flow and supply chain efficiency.• Attained 'Green' status in all critical MRP Dashboard metrics for the first time, securing timely material coverage for manufacturing sites.• Revolutionized procurement processes by executing range pricing across multiple internal shops, reducing PR to PO cycle time by weeks.• Achieved 'Green' in all critical Material Dashboard metrics, ensuring material coverage and supporting manufacturing timelines. -
Procurement ManagerRaytheon Jan 2006 - Jan 2009Dallas/Fort Worth Area -
Operations ManagerRaytheon Oct 2000 - Jan 2006Mckinney, Texas, United States -
Senior Buyer, Mentor Medical SystemsJohnson & Johnson Jul 1997 - Oct 2000Dallas/Fort Worth Area
Martha Thompson Education Details
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Business, Management, Marketing, And Related Support Services
Frequently Asked Questions about Martha Thompson
What company does Martha Thompson work for?
Martha Thompson works for Verizon
What is Martha Thompson's role at the current company?
Martha Thompson's current role is Category Sourcing Management (Contractor).
What schools did Martha Thompson attend?
Martha Thompson attended University Of North Texas.
Who are Martha Thompson's colleagues?
Martha Thompson's colleagues are Fred Carque, Kacper Bednarczyk, Mohammad Imran, Triveni Jabisetti, Alisha Marriot, Molly A Pagan, Michael Cavanaugh.
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Martha Thompson
Humanitarian Innovation, Refugee Led Design, Participatory Innovation In Humanitarian SettingsSuffolk County, Ma1uusc.org4 +161743XXXXX
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Martha Thompson
Accomplished Environmental Professional With Over Two Decades Of Technical Expertise Delivering Innovative Solutions For Streamlined Operations.Richmond County, Ga -
1evergreenecon.com
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