Sumin Lee

Sumin Lee Email and Phone Number

Professional Procurement Manager
Sumin Lee's Location
South Korea, Korea, Republic of
About Sumin Lee

Almost 16 years’ rich experience mainly across IT software, consumer electronics, healthcare and pharmaceutical MNCs. Working experience with strategic global procurement organizations in senior levels both in direct and indirect categories management. Organized, resourceful and out-of-the-box thinker with excellent networking and communication skills. Leadership & cross-functional experience in global, regional & country procurement with proven ability to develop sourcing strategies and to achieve saving target. Recently worked with Dell Inc. – Singapore, in the capacity of Sr. Adviser – Global Commodity Management

Sumin Lee's Current Company Details

Professional Procurement Manager
Sumin Lee Work Experience Details
  • Dell
    Global Commodity Management Sr.Advisor
    Dell Jun 2014 - Oct 2015
    싱가포르
    Responsibilities• Work with 4 global commodity managers and 4 supply chain managers as part of Clients Peripherals Team in a global matrix procurement set up comprising around 500 procurement professionals, and report to a Procurement Director (line manager).• Manage bundled and stand-alone client peripherals products with annual spending of around USD 35M across different categories such as Dell-branded docking stations, cables & adapters, security products as well as 3rd party-branded client peripherals. • Develop innovative and creative output based on interpretation and analysis that improve business performance and contribute to corporate goals and strategic intent.• Drive the analysis & negotiation of product cost and contracts and negotiate product cost & contracts as appropriate.• Drive alignment between Supplier roadmap & Dell LOB roadmaps. Identify cost targets for relevant roadmap products.• Perform and communicates supply chain cost forecasting within the commodity as required to support the business.• Cultivate, develop and manage strong & lasting supplier relationships at senior management level.• Identify opportunities and make recommendations for supply chain optimization, and implement as appropriate.• Conduct Continuity of Supply Risk Analysis and recommends mitigation strategies.• Track and monitor new technology development and support supplier integration with Dell strategy.• Participate in cross-functional commodity team and drive commodity metrics, strategies and objectives.Achievements• Delivered USD 2.0M (2%) of annualized cost savings in FY15.• Developed a 3rd party playbook including spend landscape, demand pipeline, fulfillment model, and pricing models.• Successfully introduced new 3rd party products of 3D mouse and Wi-Fi router delivering high margin to Dell. • Recognized as a SME (subject matter expert) on 3rd party products.
  • Dongmyung Education Foundation (Family Biz, Non-Profit)
    Business Advisor
    Dongmyung Education Foundation (Family Biz, Non-Profit) Nov 2011 - Jun 2013
    Seoul, South Korea
    Provide a wide range of consultation on outsourcing contracts with 3rd party providers such as meal service and facility management in light of government regulation and budget management
  • Pfizer
    Procurement Manager (Country Lead), Global Procurement And Operation (Gpo) Team
    Pfizer Feb 2010 - Sep 2011
    Seoul, South Korea
    Reported to a regional directorSupervised the purchasing organization merger with Wyeth Korea: established purchasing rules and integrated five decentralized purchasing procedures into one; reduced the Wyeth purchasing organization staff by 3 workers (100%).Headed the Continuous Improvement Project for the PO (Purchase Order) process: streamlined business process procedures by centralizing the duplicate business procedures at the purchasing team; shortened the PO processing time by 70%, accelerated the in-house customer inquiry response time by 60%, and decreased in-house customer complaint by 100%.Identified procurement cost reduction opportunities, and proposed competitive bidding, strategic negotiation, and the Preferred Vendor Program; reduced cost by USD 1.6 million (13%) in 2010 and USD 2 million (9.5%) in 2011.Organized a working group at Purta, a forum of multi-national pharmaceutical companies, with top 5 pharmaceutical companies and discussed vendor management: promoted joint purchase in non-competitive areas and shared best practices on cost reduction; contributed to the cost reduction of USD 2 million by Purtra member companies.
  • Microsoft
    Marketing Procurement Manager, Global Procurement Group Korea Team
    Microsoft Aug 2006 - Jan 2010
    Seoul, South Korea
    Reported to APAC regional managerLed the 3-month project to establish Event Marketing strategy for the APAC region with teammates from China, Japan, Australia, and Singapore; integrated different Event Category strategies of the five countries into one. Participated in the “Spot Buy” project, a Global Business Process Outsourcing project, for 3 months as the Korean representative: handled communication with the HO/APAC team, the Country Leadership Team, and the Accenture team. Established the Category Vendor Evaluation Process that defined evaluation targets, methods, timing, and procedures; evaluated 10 vendors in 2007, 20 in 2008, and 30 in 2009, covering 80% of the total purchase amount.
  • Lg Electronics
    Procurement Manager, Corporate Finance Team (Hq)
    Lg Electronics Aug 2004 - May 2006
    Seoul, South Korea
    Reported to team leader and CFOExecuted the Development Council Project of 8 engineers and 3 IBM BCS consultants; achieved 30% standardization and 20% part number reduction in the electronic part (RLC) area with the cost saving effect of USD 3 million.Co-headed the Purchasing Organization Innovation Project as the sub-leader for 4 months; structured innovation roadmap for companywide purchasing organization, roles, compensation, HR, and training.Led the Commodity Council project in conjunction with IBM BCS for 6 months; reduced companywide cost by USD 4.5 million in the electronic part (RLC) area. All the project members received a prize after final report in 2004.
  • Neoplux
    Procurement Consultant, Consulting Team
    Neoplux Jul 2002 - Jul 2004
    Seoul, South Korea
    Participated in the 4-months Doosan Infracore Purchasing Cost Reduction Project as a team member; reduced costs by USD 470,000 through supplier network integration, competitive bidding, and design improvement activities.Engaged in the 12-months Doosan Heavy Industries & Construction Change Management Project team of 17: identified a total of 130+ ideas, 30 of which implemented with Quick Win; reduced operation costs by USD 1 million.
  • Ge Healthcare
    Regional Category Sourcing Leader, Global Sourcing
    Ge Healthcare Aug 2000 - Jun 2002
    Sungnam-City, South Korea
    Participated in the Asia Sourcing project team with Category Sourcing Leaders from Korea, Japan, China, India, and the US; adopted eAuction, reverse bidding, and low-cost country sourcing, and reduced costs by USD 8 million
  • Samsung Electronics
    Buyer And Demand Planner, Procurement Development Team
    Samsung Electronics Jan 1998 - Jul 2000
    Suwon-City, South Korea
    Spearheaded activities to reduce purchasing costs of electronic parts used for home appliance products; localized 20 parts, sourced 30 parts from China, and implemented new technologies; reduced costs by USD 10 million (8%) over 2 year span.

Sumin Lee Skills

Category Sourcing Strategy Global Commodity Management Direct And Indirect Strategic Sourcing Supply Chain Management Total Cost Of Ownership Cost Savings Cost Reduction Implementation Vendor Relationship Management New Product Implementations Project Management People Management Cross Functional Team Leadership Operational Excellence Problem Solving Contract Management Data Analysis Cost Reduction Cross Functional Callaboration Creative Solutions Presentation Skills Interpersonal Communication

Sumin Lee Education Details

Frequently Asked Questions about Sumin Lee

What is Sumin Lee's role at the current company?

Sumin Lee's current role is Professional Procurement Manager.

What schools did Sumin Lee attend?

Sumin Lee attended Nanyang Business School, Kyoungbook National University.

What are some of Sumin Lee's interests?

Sumin Lee has interest in Social Services, Purchasing Consulting, Sourcing, Procurement Consulting, Category Manager, Supply Chain Management, Purchasing, Science And Technology, Arts And Culture, Procurement.

What skills is Sumin Lee known for?

Sumin Lee has skills like Category Sourcing Strategy, Global Commodity Management, Direct And Indirect Strategic Sourcing, Supply Chain Management, Total Cost Of Ownership, Cost Savings, Cost Reduction Implementation, Vendor Relationship Management, New Product Implementations, Project Management, People Management, Cross Functional Team Leadership.

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