Reginald Vincent Email & Phone Number

Woodridge, Il, Us

1) Manage Steel, Rubber, Plastic, Elastomers, Composites, Air Springs, Height Control Valves and other components that form part of Hendrickson’s Truck Suspension line-up2) Lead a project to perform emergency resourcing of (15) parts that the incumbent supplier has informed that he would stop production. Negotiated prolonging the production timeline with the supplier and a buffer build to give time for Engineering testing to be completed

Irving, Texas, Us

Lisle, Il, Us

• Negotiated Long Term Agreements with 25 suppliers with annual Productivity and VA/VE gains leading to $20M+ in savings for future years as well as assuring supply of parts till 2030 and beyond.• Leading a Supply Base Optimization project to reduce the number of suppliers from 161 down to 50 suppliers and reducing overall logistics cost(30% to date) thus reducing overall Total Cost of Ownership. • Devised a reverse live auction strategy for Navistar. Realized annual savings of $5M (around 45%) from current cost in the Pilot project. • Led multiple cost negotiations with suppliers to realize a cost reduction of $10M + annually • Currently designing process improvements within Procurement to improve efficiency and reduce SG&A by 20%• Lead a team of (5) Category Managers for strategy execution.

Irving, Texas, Us

• Manage $500Million spend with categories including steel, castings, tires, engine components, operator stations, non-metallic molding, HMI, wire harness, PCBAs, • Developed the division’s Sourcing strategy for the Global manufacturing footprint. Used Low Cost Producer (LCP) strategy to achieve the best total cost of ownership of a component.• Direct a team of 5 Buyers in their day-to-day work and manage annual performance and personnel development. • Reduced the cost by $90k per machine in Europe (about 22% of the machine cost). Negotiated contracts and price with suppliers. These actions resulted in reducing the product cost to below target for OPACC maximization. • Sourcing consultant to Caterpillar’s Strategic Alliance partner in the US. Led the alliance team to reduce total machine manufacturing costs by $55k per machine in 2012 (about 15% of the machine cost). Analyzed more than 1,800 Purchased components. Tasks included re-sourcing, identifying existing lower cost alternatives within Caterpillar, negotiating prices with suppliers and guiding engineering teams to redesign parts to conform to Caterpillar design standards.• Identify cost drivers in parts and negotiate Should Cost models with Suppliers for Purchased Finished parts. Manage the part from design concept phase till production implementation.• Used 6 Sigma approach to optimize CAT’s Global Thermal Insulation Supply base. Supplier optimization resulted in reduction of Thermal Insulation suppliers from 12 to 2 and an annual savings of $2M.• Advise Engineering on alternate manufacturing process for cost reduction. Set program budgets and cost targets for all machines to align with Product Manager’s overall Sales, Profit, OPACC strategy and business plan. Train Buyers on Caterpillar’s Purchasing practices. • Served as a Mentor to other Collaboration Engineers and trained them on managing NPI.

Dearborn, Michigan, Us

• Performed Quality audits and guided suppliers in their goal of obtaining & maintaining suppliers’ Ford “Q1” rating. Responsible for 2-sites obtaining their Q1 in one year. Train suppliers on quality tools like FMEA, Control Plan, SPC etc• Helped launch a Greenfield high-impact site and launch the 2006 Ford Explorer and F-150 aluminum wheels.• Lead a Lean Manufacturing Workshop to improve process flow & quality of a wheel manufacturing plant in Chihuahua, Mexico. Improved Lean measurable like FTT (20%), DTD (1.2 days), waste in production (eliminated rework) and improved workflow. Improved manpower utilization by more than 10%.

• Led the team and developed the welding process for the Durang and the Jeep Grand Cherokee axles. Reworked existing equipment to adapt to the new design, saving about $5M. Responsibilities included getting management’s approval for the project, writing specs., selecting a vendor, following the project through to completion, doing a quality and process signoff, create preventive maintenance procedures and handing the machine over to production.• Launched the rear axle tube fabricating process for the Jeep Liberty, which included APQP for procuring a robot-assisted tube welding line. Refurbished a tube machining transfer line to accommodate the new design of tubes.• Provide maintenance support and troubleshoot everyday problems in the factory floor. Areas of responsibility includes tube processing, gear blanking and cutting, welding and machining.

Master Of Business Administration (M.B.A.), Finance, General

Phd

Msc, Manufacturing Systems

Be, Production