Vp Of Global Procurement ► Global Strategic Sourcing ► Cost Optimization ► Ebitda Improvement
CurrentIPS is a private equity firm-owned manufacturer of rough plumbing and roofing supplies for the construction industry, with operations throughout the US, Europe, and Asia, 8 manufacturing sites, and global wholesale and retail distribution. In 2022, based on my recent experience with global supply chain transformation, the Chairman of the Board and former CFO of Danaher Corporation tapped me to develop and implement global strategic sourcing strategies, reduce COGS, and grow EBITDA for multiple commodities. Since then, I have been reporting directly to the company’s CEO. Highlights: Cost Savings & P&L Success ► Obtained annualized cost reductions of 22% with P&L impact of 15% in 2023. Demonstrated the potential for ~6X the initial estimate proposed ►Developed and implemented new standard processes for cost reduction and tracking, funnel development, and project management. Introduced a matrixed centralized corporate shared services procurement group focused on YOY spend reduction. EBITDA Impact ► Increased EBITDA by 20% while volumes remained steady. Supplemented EBITDA further after completing the acquisition due diligence and post-acquisition integration of 3 companies as strategic add-ons. Operating Companies: Weld-On®IPS Adhesives®IPS Corporation®IPS Roofing Products®