Michael Strasser Email and Phone Number
Michael Strasser work email
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Michael Strasser personal email
As a highly analytical, adaptable and visionary executive, I bring 20+ years of experience driving multimillion-dollar materials savings, cost reductions, continuous supplier improvements and quality enhancements. Throughout my career, I have executed corporate sourcing initiatives across multiple global sites that have improved profitability. In addition, I excel at working across various management structures and leveraging sourcing best practices and supply chain methodologies. Selected highlights from my career include:➤ Achieved $50M in procurement savings by driving continuous improvements, value-added strategies and innovative supply chain solutions that improved the competitive position of the business.➤ Built, grew and led international procurement offices in China, India and Poland from the ground up; effectively established strategic sourcing vision, processes and plans to ensure success.➤ Devised effective strategies to achieve and maintain desired total cost of ownership (TCO) of products, materials and suppliers; delivered exceptional value from a complex portfolio of spend categories and global supply base.➤ Developed and managed sourcing and cross-functional teams of 5 to 25 in matrix organizations to achieve optimal performance and meet multiple objectives including product and segment innovation.
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Global Category ManagerRegal Rexnord May 2022 - PresentMilwaukee, Wisconsin, Us
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Senior Sourcing Initiatives ManagerBaker Hughes Jan 2020 - May 2022Houston, Texas, Us -
Global Category ManagerThe Weir Group Plc Feb 2018 - Mar 2019Glasgow, Scotland, GbManage $390M global forging, bearing and machining spend. Develop and implement global, regional and supply chain strategies. Interface between BCC sourcing operations and manufacturing sites. Negotiate and manage global supply agreements -
Director, Global Commodity ManagementGardner Denver Oct 2013 - Nov 2016Quincy, Illinois, UsManage $500M global spend and procurement functions. Oversee a cross-functional team tasked with identifying sourcing opportunities in castings, forgings and machining for all Gardner Denver's sites in North America. Facilitate spend data analysis, develop sourcing strategies and negotiate savings and contracts.Selected Achievements:➤ Led aggressive cost and risk reduction initiatives covering a wide supply base related to $2.4B in revenue.➤ Decreased product lead time 50% to 75% by establishing targeted supplier managed inventory programs.➤ Drove $20M cost savings, versus plan of $15M, by leveraging castings, forgings and machined parts sourcing processes. -
Global Commodity ManagerGe Oil & Gas Feb 2011 - Sep 2013Reduced TCO by managing direct spend and directing best cost country (BCC) sourcing initiatives as part of the corporate sourcing team. Selected Achievements:➤ Achieved 12% total cost savings (annual spend of $300M) by rationalizing supply base and building strategic alliances.➤ Reduced order fulfillment time 80%, generating 20% to 40% costs savings, by launching a new supplier managed inventory program with Chinese supplier for exotic material valve castings.➤ Delivered tactical leadership; developed five-year global casting sourcing strategy and roadmap for success.
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International Purchasing Office ManagerDresser, Inc. Aug 2009 - Feb 2011Houston, Texas, UsEstablished, developed and led an international sourcing team of 23 with members in China, India and Poland to drive significant cost savings across multiple business unit divisions. Oversaw market intelligence gathering, supplier identification/qualification, tactical sourcing, transition management and supplier relationship management.Selected Achievements:➤ Migrated $30M in annual spend from high cost to best cost countries.➤ Facilitated 30% savings on cost of finished goods by leading BCC sourcing initiatives.➤ Spearheaded and implemented stage gate sourcing methodology and supplier scorecards that increased quality, efficiency and productivity. -
Global Sourcing Team LeaderDresser, Inc. Aug 2006 - Jul 2009Houston, Texas, UsDirected cross-functional team in the execution of high priority direct/indirect savings initiatives with an emphasis on supplier performance and total cost savings.Selected Achievements:➤ Drove $2MM+ annual savings on CNG fuel dispensers; leveraged BCC sourcing and value engineering efforts to drive a comprehensive sourcing initiative.➤ Managed China sourcing team to address a critical supply interruption of key valve components with the supply chain in China; led the team to implement an in-depth action plan in 30 days.➤ Identified and launched a new Ariba e-Sourcing web-based platform for all Dresser business units.
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Supply Management Team LeaderAir Liquide Usa Llc Feb 2000 - Aug 2006Paris, FrOversaw cross-functional teams that drove long-term sourcing strategies for key global products and services.Selected Achievements:➤ Decreased the cost of ambient cryogenic vaporizers 60% by effectively leveraging spend and saved $1.2M by negotiating a contract amendment regarding the supply of electronic specialty gases.➤ Generated $300K annual savings by conceptualizing a vital initiative to control costs on cellular phones via preferred supply agreements and a new corporate policy implementation. ➤ Directed “Make verses Buy” process along with the sale and outsourcing of cryogenic repair shop/services that generated $411K in sales and $200K in outsourced savings. ➤ Achieved $440K in cost savings via reduced labor and warehousing requirements by executing a time sensitive project to outsource the manufacturing of cryogenic piping assemblies two weeks ahead of schedule. -
Operations, Process And Project EngineerExxonmobil Jan 1990 - Aug 2000UsSupported olefins and specialty chemical manufacturing.
Michael Strasser Skills
Michael Strasser Education Details
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University Of OklahomaChemical Engineering -
Lamar UniversityEngineering Management
Frequently Asked Questions about Michael Strasser
What company does Michael Strasser work for?
Michael Strasser works for Regal Rexnord
What is Michael Strasser's role at the current company?
Michael Strasser's current role is Professional Specializing in Category Management and Procurement.
What is Michael Strasser's email address?
Michael Strasser's email address is mi****@****hes.com
What schools did Michael Strasser attend?
Michael Strasser attended University Of Oklahoma, Lamar University.
What skills is Michael Strasser known for?
Michael Strasser has skills like Strategic Sourcing, Sourcing, Procurement, Supply Chain Management, Supply Management, Global Sourcing, Manufacturing, Continuous Improvement, Leadership, Management, Materials, Process Engineering.
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