Pradeep Menon Email and Phone Number
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As a seasoned and entrepreneurial minded Global Procurement & Supply Chain executive, I have experience leading transformational change for both public and private enterprise, domestically and internationally. My expertise includes extensive turnaround, transformation and start-up experience with a proven record of accelerating P&L improvement, year-over-year cost reductions, and budget attainment across diverse industries such as Automotive, Energy, Industrial, Manufacturing, and Agricultural and Construction Equipment. With a focus on innovation, customer-centricity, and tailored solutions, I have designed, built, and led high-performing global procurement teams that deliver enterprise-level value. I have a strong background in strategic sourcing, manufacturing/QA (Lean, Six Sigma, ISO, QS, and TS), new product development (NPI), strategic planning, acquisitions, divestitures, and joint ventures.I have extensive sourcing experience within US, Canada, LATAM, APAC & Europe including Direct Materials, Indirect Goods & Services, and Capital Equipment. Experience managing annual spend of over $4B delivering between 3% to 5% YOY cost reductions, at an average yearly ROI of 6X. If you are looking for a results-driven leader with a proven track record of success in procurement and supply chain management, let's connect. Specialties: Global Procurement, Best Cost Country Sourcing, Manufacturing, Supply Chain, Leadership, Negotiations, Lean, Business Development, Joint Ventures, Acquisitions, Divestitures, Supplier Diversity, Logistics, Product Development, Lean, Six Sigma, Policy Deployment, Project Management, High Performance Teams, Talent Development, Outsourcing, Offshoring, Risk Management
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Presbyterian Healthcare Services -
Chief Procurement OfficerFox Factory 2021 - PresentDuluth, Georgia, UsAn industry leader in the design, development, and manufacture of speciality Off-Hwy shock absorbers and suspension products for the automotive and power sports markets. Recruited into the role to drive transformation of the procurement function -
Head Of Purchasing, AmericasImerys 2019 - 2021Paris, Ile-De-France, FrA world leader in mineral-based specialities for a variety of industries, ranging from process manufacturing to consumer goods.Member of the Americas leadership team. Recruited into role to drive transformation of the Purchasing organization. -
Chief Procurement OfficerGeneral Cable 2016 - 2018Milan, Italy, ItMember of the Executive leadership team. Recruited into role to transform procurement to a high performing strategic, center-led organization and drive productivity across its global spend. • Designed, recruited, and transformed a de-centralized, regionally focused, procurement organization to a high performing global center-led strategic function.• Delivered Year-Over-Year savings at an ROI of 6X, exceeding expectations by 30%. Improved cash flow by 30% • Created and implemented a global strategic-sourcing playbook yielding significant cost out opportunities • Designed and deployed a procurement Center of Excellence program globally, to drive excellence across talent, process and policies, tools, compliance, sustainability and supplier engagement.• Improved and Standardized procurement policies and Procure-to-Pay processes globally reducing operational costs by 18%• Achieved savings by revamping the process for aluminum and copper purchases, the company’s highest COGS.• Initiated the hedging of Aluminum and Copper significantly reducing business exposure to pricing volatility• Implemented best-cost-country sourcing for metals & polymers yielding over 15% YOY productivity.• Optimized global supply base by 24%, through supplier consolidation, and developing and implementing new standards for suppler on-boarding. -
Vice President ProcurementExide Technologies 2010 - 2016Wilmington, Delaware, UsReported to the CEO. Member of leadership team. Recruited into role to accelerate company’s recovery from Chapter 11 by reducing operational costs, supply and cost risks, supplier base, and increase organizational productivity across $1.6 billion annualized spend in goods and services. Managed a total team of 36 direct and indirect reports.Highlights and Select Accomplishments include:• Created a global procurement organization from inception, yielding over $155 million in YOY cost reductions and $110+ million in cash flow improvements • Hand-selected, mentored, and developed a 30-person global team of seasoned executives to build new processes, procedures, and aggressively achieve corporate objectives.• Reduced suppliers 48%, through supplier consolidation, implementing new standards for electronic invoices (EDI) requiring ISO 9000 certification, and delivering required YOY cost reductions. • Implemented strategic sourcing and risk mitigation strategies for 1) Supply – migrating from sole and single sources to qualified dual suppliers, as well as formalizing contingency plans globally; and 2) Cost - with forward-price fixing and derivative based commodity hedging (e.g., lead, plastics, chemicals, steel, copper, natural gas, and diesel fuel).• Recognized by Toyota for “outstanding supplier diversity” (2008, 2009).• Implemented and led lean, COE, and CI teams yielding over $3 million in savings• Reengineered manual expense reporting process enabling electronic submission using Concur expense management software. Rolled out to global organization (Americas, Europe, and APAC).• Increased cash flow by $60M by improving supplier terms, global procurement processes (consignment/VMI), implementing purchasing/fuel/T&E cards, and negotiating increased lines of credit.• Saved $5 million over 4 years by outsourcing the accounts payable function. -
Vice President, Commodities And Strategic Supplier DevelopmentExide Technologies 2007 - 2010Wilmington, Delaware, UsGlobal responsibility for all Commodities - Direct and Indirect. Reported to Global Vice President of Procurement. Responsible for $1.6 bilion annualized spend. Managed procurement teams in the Americas, Europe, and Asia Pacific. -
Sr. Director, Procurement - AmericasExide Technologies 2005 - 2007Wilmington, Delaware, Us -
Manager, Global Sourcing, Outsourcing, And Joint Venture PurchasingCnh Industrial (Case New Holland) 1996 - 2005Responsible for building, developing, and orchestrating an optimized supply chain for $3.6 billion in global goods and services. Recruited and built a 64-person global cross functional teamHighlights and Select Accomplishments include:• Implemented $165 million in outsourcing initiatives yielding $35 million in savings across 13 manufacturing plants and corporate• Developed and implemented $450 million strategic business plan for sourcing from emerging markets – China; India; Korea; Brazil; Mexico; Turkey; Eastern Europe. Generated $90 million in savings over a 6-year period.• Generated $20 million in savings over a 2-year period through supply chain optimization.• Personally established new sourcing channels in India, Brazil, China, Korea, Mexico, Canada, France, Germany, Spain, Italy, Poland, Brazil, and Venezuela. Managed and supported Business development and Joint Venture initiatives valued at approximately $350 million. Led M&A and JV initiatives supporting negotiations, feasibility, due diligence, and integration.• Established, implemented, and coordinated new product development for agricultural and construction equipment with $600 million budget.• Revamped the product development process with the following factors: Cost reduction, scheduling, target costing, value analysis and engineering, strategic sourcing to enable product platforms to efficiently and effectively transition from “napkin sketch” to market
Pradeep Menon Skills
Pradeep Menon Education Details
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Sam Houston State UniversityIndustrial Technology -
B. M. S. College Of EngineeringIndustrial And Production Engineering -
Christ University, BangalorePure Sciences -
Rashtriya Military School, Bangalore, India -
Rashtriya Military School, Belgaum, India
Frequently Asked Questions about Pradeep Menon
What company does Pradeep Menon work for?
Pradeep Menon works for Presbyterian Healthcare Services
What is Pradeep Menon's role at the current company?
Pradeep Menon's current role is Global Procurement and Supply Chain Executive | Transformational Leader | Vice President | Chief Procurement Officer | Global Strategic Sourcing | P&L Improvement | High-Performing Teams | Innovative Solutions.
What is Pradeep Menon's email address?
Pradeep Menon's email address is pr****@****rys.com
What is Pradeep Menon's direct phone number?
Pradeep Menon's direct phone number is +140423*****
What schools did Pradeep Menon attend?
Pradeep Menon attended Sam Houston State University, B. M. S. College Of Engineering, Christ University, Bangalore, Rashtriya Military School, Bangalore, India, Rashtriya Military School, Belgaum, India.
What are some of Pradeep Menon's interests?
Pradeep Menon has interest in Georgia Field Hockey Team, New York Islanders Field Hockey Team, Member.
What skills is Pradeep Menon known for?
Pradeep Menon has skills like Cross Functional Team Leadership, Leadership, Change Management, Strategic Sourcing, Team Building, Global Sourcing, Lean Manufacturing, Supplier Development, Business Planning, Supply Chain Management, Outsourcing, Management.
Who are Pradeep Menon's colleagues?
Pradeep Menon's colleagues are Nina Simon, Kathy Livesay, Andrew Maes, Doug Grundhoffer, Bryahna Baca, Valari Griego, Bette Wilhelm.
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