Richard Buskey Iii

Richard Buskey Iii Email and Phone Number

Director of Supply Chain and Quality Control at TRUMPF North America @ TRUMPF North America
Richard Buskey Iii's Location
Plainville, Connecticut, United States, United States
Richard Buskey Iii's Contact Details

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About Richard Buskey Iii

Fifteen years of experience specializing in strategic purchasing, improvement of production processes, and complex project management with documented success defining strategies for sustained cost savings, developing and implementing new methods and systems, motivating and leading cross-functional project teams, and mentoring high potentials into managerial roles

Richard Buskey Iii's Current Company Details
TRUMPF North America

Trumpf North America

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Director of Supply Chain and Quality Control at TRUMPF North America
Richard Buskey Iii Work Experience Details
  • Trumpf North America
    Director Of Supply Chain And Production Administration
    Trumpf North America Jul 2022 - Present
    Farmington, Ct, Us
    - Six (6) direct reports (managers) and 60 total employees with responsibility for purchasing, material requirements planning (MRP), industrial engineering, project management, and quality control functions and $850m total purchasing volume ($250m external)- Restructured MRP, industrial engineering, and purchasing departments to separate planning, purchasing, production control, and project management functions by introducing three (3) new management roles and several new individual roles - Reduced backlog of incomplete machines from 120 to zero (0), number of daily, unique material shortages per machine from 100+ to zero (0), and number of total daily, critical (i.e., line stopping) shortages from an average of 50+ to less than five (5) within first 90 days - Introduced rolling two-week forecasting tool for all production material based on actual machine configurations (i.e., sales order bill of material analysis & explosion) and developed key performance indicator dashboard for MRP and quality control for daily management shopfloor meeting to monitor status and track improvements over time- Reduced inventory by over $4m (from $22m+ to $18m) by conducting ABC/XYZ analysis to update lead times, lot sizes and replenishment cycles, by introducing dynamic safety stock, and by utilizing standardized components and in-house assembly to reduce configured material variants & product complexity without sacrificing options available to sales - Transferred ownership of machine series production routing creation and maintenance from MRP to industrial engineering including a first article and recurring audit process of routings & bills of materials and implemented sales order confirmation review process to prevent incorrect or incompatible configurations being sent to production line- Developed & documented shop floor escalation process for quality defects in the assembly line, differentiating between internally and externally produced parts and prioritizing by value
  • Trumpf North America
    Head Of Purchasing
    Trumpf North America Apr 2014 - Jul 2022
    Farmington, Ct, Us
    - Responsible for $250 million annual spend across 15 production material ($50 million) groups and 12 non-production material ($200 million) groups with suppliers located in USMCA, Europe (England, Germany, France, Austria, Czech Republic, Italy) and Asia (India, China)- Continuously achieve over $1 million savings in production material (5% reduction on same goods purchased in previous year) and over $4 million savings in non-production material each year for last ten fiscal years- Notable fiscal year-to-date savings projects include: sea freight tender ($2.5m savings, annually), contingent worker agency agreement ($300k), Xenon gas cylinders ($200k), cafeteria services ($175k), and negotiation MOCVD ($725k, one-time)- Transferred ownership & management responsibility for all non-production material spend ($40m annually) and additional $20m in key production material commodity groups (raw material, sheet metal, chipping parts) and from US and Mexican affiliates to USMCA hub - Developed and now maintain multilingual, standardized contracts (e.g., master purchasing, logistics, third-party service, and exchange rate agreements) and implemented contract management process (i.e., negotiation calendar) for all relevant (or A/X) suppliers within USMCA- Key performance indicators: material cost variance, non-production material / engineering change savings, critical supplier overview, lost discount / blocked invoices, machine target cost achievement, commodity strategy status, and contract status- Internal process goal achievement metrics: electronic buying catalog order percentage, vendor portal order percentage, SAP order percentage, and working capital- Introduced strategic commodity management and rolled out an electronic buying system (EBS) which converts purchase requisitions into purchase orders using approval workflow according to four-eyes principle, effectively centralizing all production and non-production material spend in all affiliates in USMCA
  • Trumpf North America
    Project Engineer / Supervisor Optical Blanks Production & Turning Group
    Trumpf North America Mar 2010 - Apr 2014
    Farmington, Ct, Us
    - Eight direct reports spread across ten production machines including four lathes, one fully automated mill-turn system, three multi-stage wash systems, and one coordinate measuring machine- Production planning and daily process management and improvement (e.g., kaizen workshops, risk management, layout designs, etc.) of two main pacemakers for laser assembly- Chosen to be in pilot group for implementation of shop floor management and continuous improvement using rapid PDCA cycles as taught by W3, LLC- Developed group templates for daily management of key performance indicators (safety, morale, quality, cost, delivery) and leading with target conditions (current situation, target situation, rapid PDCA, and tracking)- Managed three capital equipment investments including a horizontal floor type milling machine ($3.5m), a large mill-turn machine ($2m), and a medium-sized precision CMM ($300k)
  • Trumpf North America
    Project Engineer
    Trumpf North America Jan 2008 - Mar 2010
    Farmington, Ct, Us
    - Managed four capital equipment investments including a fully automated mill-turn with gantry and bar stock loader ($1.1m), a vacuum furnace for brazing ($350k), a small shop floor CMM ($100k), and an automated vertical storage system ($90k)- Responsible for all aspects of project lifecycle starting from identifying investment need to ramp-up and production hand-off- Developed investment protocol and corresponding templates (e.g., return on investment, machine hourly rate calculation, purchasing agreement, technical availability agreement, service and spare parts agreement, etc.)- Created process for copper brazing by purchasing and installing only vacuum furnace in TRUMPF Group

Richard Buskey Iii Skills

Continuous Improvement Lean Manufacturing Project Management Six Sigma Sap Erp Strategic Purchasing Commodity Management Contract Negotiation Key Performance Indicators Supplier Development Supplier Management

Richard Buskey Iii Education Details

  • University Of Connecticut
    University Of Connecticut
    Business Analytics And Project Management
  • University Of Connecticut
    University Of Connecticut
    Mathematics

Frequently Asked Questions about Richard Buskey Iii

What company does Richard Buskey Iii work for?

Richard Buskey Iii works for Trumpf North America

What is Richard Buskey Iii's role at the current company?

Richard Buskey Iii's current role is Director of Supply Chain and Quality Control at TRUMPF North America.

What is Richard Buskey Iii's email address?

Richard Buskey Iii's email address is rb****@****ail.com

What schools did Richard Buskey Iii attend?

Richard Buskey Iii attended University Of Connecticut, University Of Connecticut.

What skills is Richard Buskey Iii known for?

Richard Buskey Iii has skills like Continuous Improvement, Lean Manufacturing, Project Management, Six Sigma, Sap Erp, Strategic Purchasing, Commodity Management, Contract Negotiation, Key Performance Indicators, Supplier Development, Supplier Management.

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