Richard Chaney

Richard Chaney Email and Phone Number

MCIPS Chartered Procurement & Supply Professional with significant experience of leading and managing Procurement teams. @ Formula 1
london, greater london, united kingdom
Richard Chaney's Location
South Croydon, England, United Kingdom, United Kingdom
Richard Chaney's Contact Details

Richard Chaney work email

Richard Chaney personal email

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About Richard Chaney

A highly motivated and driven MCIPS Chartered Procurement and Supply Professional with significant experience in leading and managing Procurement teams. I enjoy using my analytical and problem solving skills to challenge the norm thereby delivering significant cost savings and efficiencies. I have effective communication skills which lead and influence stakeholders, promoting change and nurturing effective relationships. Commercially minded with strong strategic and tactical sourcing skills, I am also highly organised, ethical and confident in leading and working as part of an effective team.Key skills Significant procurement experience. Strategy development, promotion and championing. Building effective relationships with all stakeholders, including external suppliers, internal customers. Track record of significantly reducing costs and improving efficiencies. Strong negotiating and project management skills. Use and implementation of ERP systems (D365,SAP, JD Edwards, BPCS). Advanced level of Microsoft packages, especially Excel. Enthusiastic team player / builder / coach / mentor. Risk management.

Richard Chaney's Current Company Details
Formula 1

Formula 1

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MCIPS Chartered Procurement & Supply Professional with significant experience of leading and managing Procurement teams.
london, greater london, united kingdom
Website:
f1.com
Employees:
752
Richard Chaney Work Experience Details
  • Formula 1
    Head Of Procurement
    Formula 1 Jan 2023 - Present
    Biggin Hill, England, United Kingdom
    I am immensely proud to be leading such an amazing and diverse group of procurement professionals who are helping to deliver the world’s greatest sports and entertainment spectacle, with innovation, inclusivity, and sustainability at the heart of our future growth and value.
  • Formula 1
    Senior Category Manager
    Formula 1 Sep 2019 - Dec 2022
    Biggin Hill, England, United Kingdom
    Leading and managing a procurement team to deliver the requirements at up to 23 different circuits around the world.
  • Formula One Management Limited
    Category Manager
    Formula One Management Limited Nov 2016 - Sep 2019
    Biggin Hill, United Kingdom
    I was initially employed on a 6 month fixed term contract to assist the newly appointed Head of Procurement transform the buying department from a largely tactical and reactive function, into a strategic and proactive Procurement business partner. Utilising my business transformation skills including change management, stakeholder engagement and assisting in the coaching & mentoring of the current buying team, I am helping the business through its journey to adopt a Category Management approach… Show more I was initially employed on a 6 month fixed term contract to assist the newly appointed Head of Procurement transform the buying department from a largely tactical and reactive function, into a strategic and proactive Procurement business partner. Utilising my business transformation skills including change management, stakeholder engagement and assisting in the coaching & mentoring of the current buying team, I am helping the business through its journey to adopt a Category Management approach to Procurement.I am also responsible for my own category which includes Business IT, Television Production, Post Production, Race Information Systems & Travel. I also support other parts of the Formula One group of companies including Formula One Hospitality and Events and Formula One Digital Media. Assisting in the creation of the 2020 Vision Assisting in the development of processes, procedures, gap analysis, communications, contracts, tenders, tools & templates. Identifying and managing risk within the business. Managing supplier performance and improvements. Establishing a platform for innovation. Assisting in the development of category plans. Ensuring changes are in alignment to the overall business strategy. Show less
  • Procurement Consultancy
    Various Interim And Procurement Consultancy Roles
    Procurement Consultancy Sep 2015 - Nov 2016
    London, United Kingdom
    Strategy DevelopmentStakeholder EngagementTenderingSpecification DevelopmentICT System implementationRisk ManagementCost reduction initiatives
  • Aramark
    Category Buying Manager
    Aramark Oct 2012 - Aug 2015
    Farnborough (Hampshire)
    Responsible for the indirect category (Goods not for resale) I managed an overall spend of around £80m, supporting circa 800 locations in the UK and around 10,000 employees. Including corporate spend on communications, fleet, professional services and travel. I also had responsibility for site level spend on waste, labour, equipment, laundry and uniforms. Significant cost savings and cost avoidance through tendering, direct negotiation and the development of strong supplier… Show more Responsible for the indirect category (Goods not for resale) I managed an overall spend of around £80m, supporting circa 800 locations in the UK and around 10,000 employees. Including corporate spend on communications, fleet, professional services and travel. I also had responsibility for site level spend on waste, labour, equipment, laundry and uniforms. Significant cost savings and cost avoidance through tendering, direct negotiation and the development of strong supplier partnerships. Managed the implementation of robust processes, procedures and contracts to reduce risk to the business, and ensure appropriate KPI’s and SLA’s were not only in place but actively monitored and controlled. Achieved dramatic improvement to stakeholder engagement, through the design and implementation of an innovative communication plan. Developed strategic category plans aligned with the overall corporate strategy. Show less
  • Dhl Global Mail (Uk) Ltd
    Head Of Procurement
    Dhl Global Mail (Uk) Ltd Mar 2003 - Sep 2012
    As a member of the strategic management team for DHL Global Mail I was responsible for leading a team of buyers and a spend in excess of £120m supplying goods and services to fourteen facilities around the UK. Initially employed to start a purchasing department from scratch (Greenfield) including all the relevant policies, controls and governance, I went on to create and lead a successful department recognised within our organisation as the experts in our field. I am also very proud to… Show more As a member of the strategic management team for DHL Global Mail I was responsible for leading a team of buyers and a spend in excess of £120m supplying goods and services to fourteen facilities around the UK. Initially employed to start a purchasing department from scratch (Greenfield) including all the relevant policies, controls and governance, I went on to create and lead a successful department recognised within our organisation as the experts in our field. I am also very proud to have received the “Seize the day” award in 2011 for my team’s success in achieving its strategic initiative by exceeding our cost savings target by 78%.Responsible for the facilities management of all the DHL Global Mail sites around the UK, I have significant experience of both hard and soft FM. I have lead a number of project teams with the responsibility for opening, refurbishing or the closing of facilities including both warehouses and offices.After passing the Deutsche Post “First Choice” examination (similar to six sigma green belt) I both ran and was a part of a number of process improvement workshops, which contributed significantly to the operating efficiencies of our business and also reduced the number of active suppliers from over 800 to 375, successfully implementing a number of KPI’s and SLA’s with them. In 2011 we reduced the amount of waste being sent to landfill from over 1000 tonnes in 2010 down to under 400 tones and developed a number of initiatives to reduce our carbon footprint, including a greener car policy and electricity saving initiatives. Show less
  • Cookson Electronics
    European Materials Manager
    Cookson Electronics Jul 1985 - Oct 2002
    Croydon, United Kingdom
    Managing a team of 12 buyers in Europe (UK, Holland, France, Germany and Belgium) with responsibility for the purchasing of virgin metals from around the world and recyclable materials within Europe. With an annual expenditure in excess of £40m this required close liaison with Manufacturing & Sales. Managing all facilities and procurement for UK operation and offices. Introduced new computer systems for improved information and efficiency using SAP, JD Edwards, BPCS and Microsoft… Show more Managing a team of 12 buyers in Europe (UK, Holland, France, Germany and Belgium) with responsibility for the purchasing of virgin metals from around the world and recyclable materials within Europe. With an annual expenditure in excess of £40m this required close liaison with Manufacturing & Sales. Managing all facilities and procurement for UK operation and offices. Introduced new computer systems for improved information and efficiency using SAP, JD Edwards, BPCS and Microsoft packages. Built relationships with suppliers, working with them to reduce costs in their business and ours. Negotiated contracts from £5K to £5m Facilitated in a stock reduction programme with reduced inventory from £11m down to £5m Built a cohesive European purchasing team consisting of members from different countries with differing cultures and within a complex matrix organisation. Created and implemented a centralised European purchasing strategy, realising savings of 9.5% Member of the Tin Committee for the London Metal Exchange1998 to 1999UK Purchasing ManagerAs the youngest ever member of the senior management team in the UK I was initially responsible for a team of eight buyers, purchasing raw materials, recyclable material, packaging, business machines and stationery. Restructured the department reducing staffing levels from eight to five. Reduced suppliers from over 700 to 350 Increased buying margin from £40K to £280K in the first year and on to £320K the following year. Promoting and supporting Lean & Agile within the manufacturing facility1985 to 1998Earlier RolesScrap BuyerSundry BuyerTransport ManagerAssistant Transport ManagerTransport Clerk Show less

Richard Chaney Skills

Procurement Strategic Sourcing Purchasing Negotiation Supply Chain Management Business Strategy Process Improvement Supply Chain Budgets Logistics Change Management Logistics Management Management Sap Six Sigma Forecasting Contract Negotiation Sourcing Facilities Management Microsoft Word Warehousing Contract Management Strategic Planning Cost Cost Reduction Inventory Management Analysis Vendor Management Sourcing And Procurement Problem Solving Pricing Team Building Mrp Budgeting Vendor Relations Mentoring Microsoft Office Spend Analysis Writing Lean Manufacturing Supplies Transportation Continuous Improvement Iso Planning Excel Manufacturing Word Electronics

Richard Chaney Education Details

  • Tamworth Manor
    Tamworth Manor

Frequently Asked Questions about Richard Chaney

What company does Richard Chaney work for?

Richard Chaney works for Formula 1

What is Richard Chaney's role at the current company?

Richard Chaney's current role is MCIPS Chartered Procurement & Supply Professional with significant experience of leading and managing Procurement teams..

What is Richard Chaney's email address?

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What is Richard Chaney's direct phone number?

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What schools did Richard Chaney attend?

Richard Chaney attended Tamworth Manor.

What skills is Richard Chaney known for?

Richard Chaney has skills like Procurement, Strategic Sourcing, Purchasing, Negotiation, Supply Chain Management, Business Strategy, Process Improvement, Supply Chain, Budgets, Logistics, Change Management, Logistics Management.

Who are Richard Chaney's colleagues?

Richard Chaney's colleagues are Juliet Mata, Gamalier Quiroz, Daniela Valle, Anthony Ellis, Nabil Bakouch, 류지현, Saul Hernandez.

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