Success-oriented executive with sound experience in global procurement, sourcing, and supply chain management.As a Procurement & Supply Chain Consultant, my focus revolves around formulating cost reduction strategies and optimizing inventory tailored to business needs. I've successfully negotiated savings and integrated best practices, reflecting my expertise in strategic procurement and vendor relations.At Diamond-Drives, I developed the strategic plan which steered the materials management function, orchestrating purchasing and inventory across multiple sites, which culminated in a significant $6.3M inventory reduction and a 15% vendor delivery performance improvement. This role harnessed my abilities in global strategic procurement, business reviews, and leadership, contributing to substantial operational efficiencies and cost savings.As Director North America Strategic Sourcing at Wahl, I led a global team to develop & execute procurement processes, resulting in 30% quicker onboarding of suppliers with a 33% reduction in quality non-conformances and $18M in negotiated savings. This role highlighted my business acumen, team development, mentoring, and collaboration skills, resulting in significant improvements in procurement efficiencies and inventory optimization.My commitment to operational excellence is reflected in the development of efficient material flow processes, ensuring near-perfect material availability for operations. Embracing a collaborative approach, I've led initiatives that culminated in annual savings and robust supplier relationships, underpinned by my CPSM certification and Lean Six Sigma Green Belt.Industry Experience:CPSM (Certified Professional in Supply Management), Procurement & Sourcing, Supply Chain, Inventory Management, Customer Service, Automotive, Six Sigma Green Belt / Lean, CPG, Research & Communication, Business Development, Indirect Purchasing, Contract Manufacturing.I am available to discuss new opportunities locally, in the TN, KY & NC areas, or virtual (remote). Please contact me at roncolby1@gmail.com.Have a great day!
R Colby Consulting - Owner
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Procurement And Supply Chain ConsultantR Colby Consulting - OwnerDixon, Il, Us
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Procurement & Supply Chain ConsultantR Colby Consulting - Owner 2022 - PresentProcurement & Supply Chain Consulting with experience in Supplier Evaluation & Supplier Relationship Management that delivers Cost Reduction Strategies, Inventory Optimization, Negotiated Savings & Best Practices tailored to your business needs.
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Supply Chain Manager (Director Of Procurement, Inventory Management & Supply Chain)Diamond-Drives By Timken 2023 - 2024Fulton, Il, UsReported to Plant Manager, led materials management team of 9 direct and 45 indirect employees. Managed $60M spend and $75M inventory to streamline supply chain processes across multi-site operations, including purchasing, inventory management, warehousing, shipping & receiving and logistics & transportation.● Revised supply chain SOP’s and implemented new lean purchasing and planning processes, updating SAP/ERP parameters, achieving $6.3M inventory reduction in 8 months while improving vendor on time delivery performance by 15%.● Led project improving stocking strategy and material flow processes in multi-site operation that consolidated warehouses, achieving $120K annual savings and ensuring 98% material availability to operations with drop-in orders of up to 55%.● Increased inventory transaction accuracy by 20% to 90+%, leading inventory team to develop cycle count program. ● Reduced customer past due 75%, aligning material flow to operations schedules with collaborative SIOP process. ● Streamlined supply chain processes, improving efficiencies and achieving 12% reduction in safety incidents while improving customer delivery performance to the highest level in three years.● Negotiated cost reductions and realigned material, achieving $2.1M annual savings, mitigating risk with multiple sources.● Realized a 10% annual reduction in purchased nonconformances achieving $1.3M savings in cost of quality. -
Director North America Strategic SourcingWahl Clipper Corporation 2020 - 2022Sterling, Il, UsReported to VP Operations & VP Supply Chain. Collaborated with leadership to develop corporate performance targets. Developed strategic KPI's and led implementation of cascading metrics, achieving $18M annual savings on $250M spend. Transformed sourcing team of 25 to target Key Performance Indicators (KPI’s), leveraged supplier negotiations, improved total cost, quality, and delivery, achieved risk mitigation goals, and improved supplier relationships.● Increased cash flow $5.3M+ by negotiating net terms improvements for direct and indirect suppliers.● Realized a 33% annual reduction in purchased nonconformances through development of supplier requirements with accountability, VA/VE, and continuous improvement projects by mentoring supplier quality engineering team.● Accomplished 30% quicker onboarding of vetted suppliers by developing and implementing standardized supplier questionnaire/audit form globally to evaluate and score suppliers, attaining $2.4M savings in cost of quality.● Attained 20% reduction in E&O material, implementing SIOP rollout and material review board. -
Sr. Director Of Global Supply ChainPlews And Edelmann 2019 - 2020Dixon, Il, UsReported to President. Led M&A consolidation developing collaborative global team with 5 locations in 4 countries. Managed $200M annual spend. Directed strategic initiatives of end-to-end supply chain team driving YOY supplier performance improvements in cost, quality, inventory optimization, timeliness and customer satisfaction.● Created innovative cost reduction strategies which increased profit margins by 3% by collaborating with executive team.● Enhanced fill rates above 97% and slashed inventory $3M by leading SIOP and material review board and implementing cycle count program and standardized inventory processes; resulting in 98% customer satisfaction rankings YOY.● Generated annual savings of over $1MM and reduced quality non-conformances by 28% standardizing evaluation, and ensuring effective selection, development, and relationship management of diverse supplier base. ● Transformed organization design with business acquisition while administering 200+ vendors, 13K SKUs, and $200M spend, resulting in $20M increased sales and $3.5M inventory reduction.● Achieved 100% customer launch success leading timely and effective collaboration with NPD and cross functional teams.● Nurtured healthy relationships and achieved best total cost, quality, delivery, inventory, and risk management for company via overseeing efficient negotiations with suppliers, resulting in $1MM savings.● 100% accepted offers for 10 candidates brought to team with 12 team members promoted and 93% overall team retention achieved with team leadership, coaching and mentoring. -
Director Of Global Supply ChainPlews And Edelmann 2014 - 2019Dixon, Il, Us● Achieved $743K annual savings by reducing backorders 50% and increased customer satisfaction scores 13%.● Established new department structure enhancing collaboration, reducing expenses 11% and excess material by $1M.● Minimized inventory by $4M and achieved highest fill rate to customers across 5 years, merging purchasing and optimizing inventory at multiple plants. Led implementation of new ERP and forecasting system six months ahead of schedule.● Negotiated freight contracts and implemented tracking program for ocean freight that seamlessly integrated with ERP system which improved production schedules and efficiency through SIOP processes and saved $3.1M annually.
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Global Sourcing ManagerPlews And Edelmann 2013 - 2014Dixon, Il, Us● Created and implemented global sourcing strategies and KPI’s resulting in 10% reduction in supply base while building key supplier relationships and negotiating long-term partnership agreements achieving $1.8M annual savings.● Slashed 20% in supplier cost of quality and reduced onboarding time of vetted suppliers by 25% by developing and executing Supplier Requirements and Supplier Questionnaire/audit forms which established expectations and supplier scoring.● Led procurement teams to implement standardized best practices of supplier evaluation, supplier onboarding, and supplier negotiation to identify and qualify best total cost of ownership (TCO) vendors.
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Global Purchasing ManagerPlews And Edelmann 2011 - 2013Dixon, Il, Us● Achieved $2.8M favorable PPV and $1.5M savings annually while reducing inventory by $2.5M through transformation of purchasing department, SMART goals, accountability to performance metrics, supplier management and negotiations.● Negotiated additional cost savings of $870K, achieving annual cost reduction goals. Led team of eight members.● Implemented commodity and currency tracking to achieve $1.5MM in cost reductions, ensuring competitiveness to market.
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Senior BuyerBorgwarner 2006 - 2011Auburn Hills, Michigan, Us• Managed $200+M of Castings, Plastic Injection Molding, Powdered Metal, Steel, Fabricated Parts, and Bearings procurement, negotiating long-term contracts for cost reductions.• Identified and audited suppliers in multiple regions, including low-cost countries, ensuring quality and reliability.• Developed strategic relationships with suppliers to optimize pricing and delivery plans, contributing to lean manufacturing flow and divisional success. -
Buyer/PlannerPlews And Edelmann 2003 - 2006Dixon, Il, Us• Implemented sourcing strategies to reduce costs and improve supplier relationships.• Coordinated purchasing and planning activities across multiple facilities for optimal supply chain management.
Ron Colby, Cpsm Education Details
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Olivet Nazarene UniversityBusiness Management -
Parkland CollegeBusiness Administration
Frequently Asked Questions about Ron Colby, Cpsm
What company does Ron Colby, Cpsm work for?
Ron Colby, Cpsm works for R Colby Consulting - Owner
What is Ron Colby, Cpsm's role at the current company?
Ron Colby, Cpsm's current role is Procurement and Supply Chain Consultant.
What schools did Ron Colby, Cpsm attend?
Ron Colby, Cpsm attended Olivet Nazarene University, Parkland College.
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