Paul Marx Email and Phone Number

Sourcing Manager with experience in supply chain management including sourcing, purchasing, forecasting, and expediting.

Results-oriented purchasing professional with consistent success in achieving cost savings, increased productivity, and delivery goals. Effective analyst, innovative problem solver and communicator. Experienced in sourcing / coordinating and receiving / shipping of products, both domestically and internationally. Created bidding process to obtain cost-effective purchasing benchmarks for planning and forecasting. Proven leader of highly skilled, cross-functional teams.

Purchasing ManagerServed as centralized purchaser of all items required for daily and long-term operation of 2 medical schools, covering 3 locations; categories included IT, office and school supplies, books, clothing, facilities, building materials, furniture, cadavers, and other sundry items required to run medical schools. Performed duties, including forecasting and inventory control, pricing and contract negotiations, and sourcing new suppliers. Negotiated contracts and vendor agreements. Planned budgets and implemented new purchasing system.• Streamlined shipping logistics, reducing transit time from initial PO to delivery in Caribbean from 30+ days to 20.• Negotiated annual shipping contract, reducing rates 10%.• Established corporate accounts, streamlining purchasing procedures.• Initiated new PO system setup on medical school campuses in both US and Caribbean.• Worked with all departments, meeting purchase budgets.

Oversaw business and operational development functions (e.g. Purchasing, Planning, Contract Manufacturing, Inventory Control, Distribution, Sourced Packaging). Supervised staff of 3 and sourced components both internationally and domestically. Worked with International distributors to forecast planned sales and inventory. Increased inventory turn to 3 – 4 times yearly. Created and stayed within planned budget.• Implemented safety stock system, with planned purchases and forecasting, reducing inventory 40%.• Prevented inventory from expiring, creating steady cash flow.• Developed and implemented processes, maximizing procurement efficiency.• Created cost avoidance by changing vendor, reducing cost for samples 25%.• Negotiated with suppliers, securing 15% discount in shipping rates.

Purchasing ManagerManaged business and operational development functions (e.g. Purchasing, Planning, Contract Manufacturing, Inventory Control, Distribution). Supervised staff of 4 and purchased primary and secondary components for skin care products. Established procedures for purchasing and inventory control. Built relationships with vendors and customers and evaluated vendor management and performance based on established metrics. Provided procurement consulting and advice.• Collaborated with cross-functional teams, designing and developing new products. • Improved on-time delivery from 50% to 92% within 2 years, utilizing project planning teamwork, improving quality, and establishing customer satisfaction goals; instituted cost savings, exceeding $1M.• Maintained sales and inventory forecasts for 600 SKU’s, reducing stock outs to less than 3%. • Used supply contracts with vendors, expanding material sourcing base and improving manufacturing performance. • Evaluated new vendors and analyzed performance, improving inventory turn. • Provided spend analysis, keeping within budget requirements. • Sourced new components and packaging, redesigning and re-launching current line.• Obtained new international suppliers, reducing costs 35%.• Improved on-time delivery through vendor production monitoring.

Held a broad scope of responsibilities including planning, business development, forecasting, purchasing, inventory control and contract manufacturing for retail and catalog cosmetic product lines.SELECTED ACCOMPLISHMENTS· Sourced, negotiated, certified, and implemented an outside assembly plant for some of the Company’s product lines.· Developed new component suppliers that resulted in 25% cost savings.· Computer System – Managed the implementation of a new company wide integrated computer system.· Instituted inventory control systems that reduced excess inventory and increased inventory turn.· Reduced obsolete inventory.

Responsible for the production planning, purchasing and scheduling of components, raw materials and finished goods for cosmetic products.SELECTED ACCOMPLISHMENTS· Supervised two Purchasing Agents and a Production Agent.· Sourced new components for the introduction of new cosmetic lines.· Worked with marketing to meet on time delivery for made to order cosmetic lines

Responsible for overseeing the purchasing department, including operations and material management related to the importation of promotion/premium goods.SELECTED ACCOMPLISHMENTS· Sourced and maintained multiple International vendors for supplying Promotional and Marketing Novelties.· Managed made to order purchasing program with 98% on time delivery.· Worked closely with custom broker to expedite shipments.· Researched new products to introduce to customer base.