Patrick Palattella Email & Phone Number

Ashtabula, OH, US

Cuyahoga Falls, OH, US

• Manages $160MM in resins, additives, process aids, colorants, stabilizers, modifiers, TiO2, and pallets
• Improves supply base by driving cost out, and negotiating/drafting supply and stocking agreements
• Develops sourcing strategies and executes RFPs using Efficio Consultants process
• Lead department negotiator and commercial contract subject matter expert
• Presents strategic supply base opportunities, results, and improvements to VP of Procurement
• Converts and manages department financial information from text files to Excel Pivot Tables

Mentor, OH, US

• Managed $100MM in raw materials spend and delivered $1.1MM, $950K & $700K in savings during years 2019, 2018 & 2017 respectively
• Developed sourcing strategies with global supply base for direct raw materials and private label products
• Ensured uninterrupted supply of raw materials while improving supplier performance in: on-time delivery, defects, claim recovery, and working capital improvements (WCI)
• Mitigated material supply risk by developing supplier notification process
• Established direct relationships with suppliers in China reducing costs and complexity
• Business partner in raw material price inflation/deflation, developed raw material cost advantages, and minimized price volatility

Mentor, OH, US

• Managed $80MM raw materials spend and delivered $1MM in savings
• Executed global supply contract for strategic Israeli supplier which was ultimately acquired
• Initiated & drove UL certification for new improved Durable label while saving $200K/year
• Presented quarterly strategic procurement category roadmaps to global business team
• Procurement leader for printable top coats

• Direct Reports (5) - Plant Buyers, Logistics and Indirect Procurement Managers
• Managed $170MM annual raw materials spend to support global plasticizers, lubricants, stabilizers, and specialty chemicals business
• Managed $10MM global logistics and freight distribution for NA plants
• Private equity procurement leader transitioning Ferro Corporation SAP ERP to Valtris Specialty Chemicals
• Negotiated indirect utility contracts to support private equity transition
• Implemented company credit cards program for travel and plant purchases

Mayfield Heights, OH, US

• Managed $170MM annual raw materials spend to support global plasticizers, lubricants, stabilizers, and specialty chemicals business
• Direct Reports (3) - Plant Buyers
• Achieved $3.5MM raw material savings in 2014 & $2.2MM raw material savings in 2013
• Significantly Improved cost position for butyl benzyl phthalate plasticizer (-10%) to compete against non-phthalate plasticizers
• Developed new suppliers for beef tallow and was a member of American Fats and Oils Association supporting stearate lubricant business
• Forward bought soy bean oil based on market movements supporting ESO business

Mayfield Heights, OH, US

• Managed $100MM annual inorganic and fine organic (Pfanstiehl) raw materials spend
• Global Procurement dept. leader in raw material cost savings ($1.6MM) and WCI
• Presented key raw material market trends and savings to business managers
• Managed major raw material distributors for all NA businesses

Mayfield Heights, OH, US

• Managed $30MM annual for solar and electronics business
• Led NA Procurement department in securing supply agreements delivering 4% savings
• Facilitated Continuous Improvement projects with suppliers and manufacturing

Mayfield Heights, OH, US

• Managed $80MM annual spend for commodity and specialty chemicals
• Led NA Procurement department in cost savings and supply agreements