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A Global Sourcing Leader who excels in International Project Management, Cost Out ,and Compliance.Accomplishments include:• Significantly reduced cost of materials for GE globally by bringing together separate GE businesses to negotiate as a unit with common suppliers and vendors. Involved continuously in improving the process and expanding participation in GE Global Negotiations team. Spend negotiated grew from $36 million to over $500 million.• Created and implemented a Know Your Supplier Policy by leading a cross-functional team consisting of Controllership, Legal, Finance, Sourcing, Traffic, Quality, and Compliance. This policy focused on due diligence, controllership, risk mitigation and regulatory compliance during the lifecycle of the vendor. Rolled out beyond supply chain to stakeholders worldwide.• Delivered on aggressive financial targets year over year by developing and executing customized commodity strategies that included Global GE negotiations, LCR moves, e-auctions and engineering projects.• Drove New Product Introduction Lowest Cost Initiative with engineering allowing products to enter the market at a lower price point and improved both competitive position and margin.Specialites include:Commodity StrategiesPolicy & Scorecard DevelopmentInventory Reduction ProgramsVendor ManagementLow Cost Region Sourcing (LCR)Global Project ManagementRisk ManagementEHS and Reputation ManagementNew Product Introduction Experience (NPI) Mentoring & Developing Talent Compliance Management
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Manager, Strategic ContractingAvendra Llc 2014 - 2014Rockville, Md, Us -
Manager, Strategic ContractingAvendra Llc 2014 - 2014Rockville, Md, Us -
Global Sourcing LeaderGe Intelligent Platforms 2010 - 2012Boston, Ma, UsSupported $900 million GE business comprised of three business units– Software, Commercial Automation and Mil Aero. Led team of 6 direct reports and 9 matrixed sourcing teams to achieve financial goals and manage vendors. Provided guidance on sourcing controllership and compliance. Created and communicated to CEO staff sourcing initiatives and results around cost out, LCR moves, preferred suppliers, supplier performance, and NPI initiatives. Presented multi-year forecast plans to leadership as well as annual detailed operation plan. Monitored current market trends and regulatory concerns such as RoHS, REACH, conflict minerals, ITAR, and MOD. -
Plant ManagerGe Fanuc Automation 2006 - 2009Industrial Automation plant with $240 million in revenue and 330 employees. Led Manufacturing team producing approximately $240 million in PLCs, CNC, and embedded product. Established and achieved plant goals in quality, cost, schedule, compliance, and EHS. Drove manufacturing team execution of business goals using Six Sigma and Lean. Engaged and motivated salaried and hourly workforce.
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Purchasing ManagerGe Fanuc Automation 2003 - 2006Led core team of 15 including Commodity Leads, a supplier quality engineer, and buyers for largest plant. Provided guidance and leadership to acquisitions’s sourcing teams. Oversaw development of commodity strategies to meet all financial and compliance targets. Created and presented to leadership multi-year plans and detailed operational plans. Managed Obsolescence, Delivery, Quality, and EHS related to vendors.
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Global Electronics LeaderGe Fanuc Automation 2000 - 2003Managed $45 million spend and developed/executed supplier and commodity strategy. Supported business planning cycles by translating sourcing strategy into financial and operating plans. Managed supplier contracts, supply agreements, and e-auctions with preferred suppliers to ensure performance and future business needs were aligned.
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Sourcing ProfessionalSiemens 1995 - 2000Munich, De -
EngineerFlorida Power & Light 1988 - 1995
Teresa Chapman Skills
Teresa Chapman Education Details
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Florida Institute Of TechnologyMaster Of Business Administration (M.B.A.) -
University Of FloridaBachelor Of Science In Industrial Engineering
Frequently Asked Questions about Teresa Chapman
What is Teresa Chapman's role at the current company?
Teresa Chapman's current role is Global Sourcing Leader.
What is Teresa Chapman's email address?
Teresa Chapman's email address is te****@****ail.com
What is Teresa Chapman's direct phone number?
Teresa Chapman's direct phone number is +143497*****
What schools did Teresa Chapman attend?
Teresa Chapman attended Florida Institute Of Technology, University Of Florida.
What skills is Teresa Chapman known for?
Teresa Chapman has skills like Six Sigma, Global Sourcing, Mrp, Supply Chain Management, Supply Management, Strategic Sourcing, Purchasing, Sourcing, Supply Chain, Process Improvement, Continuous Improvement, Cross Functional Team Leadership.
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