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Project ManagementSourcing, Purchasing & ProcurementContract Negotiations, Management & AdministrationSupplier Negotiation, Selection & ManagementBusiness & Supplier PartnershipsSpend & Cost AnalysisProgram Management & Process Re-engineeringLeadership & Team ManagementMerchandising and PlanningProduct Innovation & Brand ImplementationSales, Marketing & AdvertisingSpecialties: • Microsoft Office Applications (Excel/PowerPoint/Project/Word)• Oracle Procure-to-Pay (P2P), SAP Frictionless E-Sourcing, Contract Management System (CMS/CASP)• Essbase, Retek Data Warehouse, ES9000, Instock • Fluent in Vietnamese - Provided Vietnamese interpretation services (contract basis).Memberships Head - Steering CommitteeCiti Asian-Pacific Heritage Network - Tampa Bay, FL• Supported the development & launch of the network. Recruited members.
Citi
View- Website:
- citigroup.com
- Employees:
- 196387
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Compliance Programs Manager - DirectorCitiOrlando, Fl, Us -
Aml Project Manager / Vice PresidentCiti Mar 2013 - PresentTampa/Orlando
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Sourcing Manager / Program Manager, Vice PresidentCiti Jun 2010 - Mar 2013• Managed Digital Interactive Advertising & Marketing supplier/business relationships, execution of strategic sourcing strategies, negotiation & contracting processes across all units/geographies.• Achieved $14.2MM in savings.• Managed all supplier relationships within the digital/interactive category.• Implemented sourcing strategies/efforts, cost reduction strategies, process improvements, and the prompt payment discount (PPD) initiative.• Negotiated master contracts, work orders/statements of work, rate cards, volume discounts, prompt payment terms, contractual terms and conditions.• Executed RFP’s through e-Sourcing system, analysis of proposals, negotiations & creation of work orders.• Participated in development, implementation/monitoring of purchasing policies/procedures. Ensured compliance with policies, procedures, standards, ethical practices & adherence to regulations.• Interviewed, on-boarded, trained, and developed new contractor hires.• Influenced spend, executed consistent approaches to contracting, risk mitigation, issue resolution, billing approaches & centralized supplier management.• Provided direction to sourcing teams on contract best practices & operational processes driving best-in-class contracting process approaches across geographies.• Collaborated with the following departmental teams: contracting workflow & administrative, approved supplier program, supplier diversity, contract management system, procure-to-pay system, metrics & reporting.• Interacted with multiple levels of management, developing & managing relationships within company.
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Sourcing Manager / Program Manager, Vice PresidentCiti Oct 2008 - Jun 2010• Managed 8 person team supporting supplier/business relationships, execution of strategic sourcing strategies, negotiation & contracting processes across all units/geographies.• Achieved $11.4MM in savings.• Supported Technical Temp sourcing strategies across 26 suppliers. Management of RFP’s through e-Sourcing system, analysis of proposals, negotiations & creation of work orders, $339M in savings.• Supported RPI (Rewards/Premiums/Incentives) sourcing strategies & contract renewals across 4 suppliers, $5.23MM in savings.• Supported CitiFinancial Retail Store Equipment refresh project, $4.32MM in savings.• Supported activities for Office Equipment & Wireless/Telecom categories across 9 suppliers, $372M in credit savings.• Supported activities for Office Supplies category, $22M in savings.• Participated in development, implementation/monitoring of purchasing policies/procedures. Ensured compliance with policies, procedures, standards, ethical practices & adherence to regulations.• Responsible for interviewing, on-boarding, training, performance reviews & development of staff.• Collaborating with Global Workforce Services Team on CTS & CGSL divestiture projects. Managing 5 person team to convert 700+ inter-affiliate agreements into 3rd party supplier contracts, $791M in savings. Benefits: $350MM in annual spend influence, consistent approaches to contracting, risk mitigation, issue resolution, billing approaches & centralized supplier management.• Providing direction to global & EMEA/APAC regional sourcing teams on divestiture SOW best practices & operational processes driving best-in-class contracting process approaches across geographies.• Coordinating contracting workflow & administrative requirements: approved supplier program, supplier diversity, contract management system, procure-to-pay system, metrics & reporting.• Interacting with multiple levels of management, developing & managing relationships within company. -
Sourcing Manager / Program Manager - Assistant Vice PresidentCiti Jul 2007 - Oct 2008• Project Lead for enterprise wide No PO No Pay Project. Removed 310 suppliers and Consulting Technical and Non Technical categories from e-Invoice, resulting in transitioning $325MM to the PO process.• Analyzed financial reports to determine supplier spend by business, to determine opportunities to influence supply and demand of services, and to identify and drive cost reductions and supplier consolidation.• Developed strategies and grew relationships with multiple business units to promote and expand procurement’s influence within various categories.• Participated in re-engineering efforts related to standardizing purchasing processes and contracting processes to increase savings and process efficiencies.• Supported cross functional work streams with the P2P Utility team: P-card, PPD, EIM, CRIW, Ariba, Non-Match to PO, and Global Commodity Standardization. -
Sourcing Manager / Program Manager - Senior OfficerCiti Jul 2006 - Jul 2007• Managed technology hardware and software re-seller programs for US and Canada.• Procurement Lead in supporting 6 concurrent merger, acquisition, and divestiture projects.• Procurement Lead for the P2P migration in Canada. -
Associate Merchant / Associate BuyerOffice Depot Feb 2004 - Jun 2006• Managed 26 office supply product categories and 32+ suppliers with total annual sales volume of $254MM. Grew overall sales by 14% while reducing inventory by 10%.• Executed merchandising strategic initiatives, assortment presentations and seasonal programs for 1,000+ retail store locations.• Determined product assortment/presentation, zone pricing, and planogram layouts.• Analyzed financial reports to determine sales revenue, gross margins, program forecasts, inventory replenishment, retail pricing, and weekly advertising/marketing strategies through various channels.• Negotiated with suppliers on contracts, assortment selection, markdowns, costs, and product exclusivity.• Cultivated strategic partnerships with key suppliers, managed supplier performances, reduced overall timelines from product selection/creation to in-store execution, and increased promotional funding by $10MM.• Global sourced products to reduce costs, increase sales, and improve profits. Transitioned 50+ products from national brand into store private brand to differentiate among competition and develop private brand equity.• Evaluated market trends to identify new product opportunities to increase revenue and market share.• Selected product assortment, pricing, and layout presentation for specialty catalogs and website.• Conducted line reviews to rationalize bottom 25% of the assortment resulting in $5MM in cost savings.• Collaborated closely with cross functional departments (Advertising, Loss Prevention, Marketing, Planogramming, Pricing, and Replenishment) to implement strategic initiatives.• Interviewed, trained, supervised, and conducted performance reviews on two department assistants. -
Associate Merchant / Associate Buyer – Special Task Force With Chairman And Ceo Bruce NelsonOffice Depot Nov 2003 - Feb 2004• Selected to be a part of a 7 person task force to reinvent the store retail format. Support development and launch of the new M2 retail format that was rolled out nationwide. Influenced CEO decision to double the retail space for furniture. Liaised with key Merchants and Director of Operations to determine assortment for new store format for multiple furniture categories.• M2 retail format resulted in effective reductions in the following: sales floor by 10% without significantly sacrificing SKU count, copy area by 50% while maintaining functionality, peg counts by 50% to improve labor allocation, construction costs by 15%, and IT set up costs by 40% while maintaining functionality. -
Assistant BuyerOffice Depot May 2002 - Nov 2003• Assisted with core strategies and helped grow the volume of desking and filing categories by $115MM.• Supported execution of exclusive Christopher Lowell Furniture brand – the first designer brand launch in the Ready To Assemble (RTA) industry that drove an incremental $40MM in sales at a 42% gross margin.
Thu Siu Skills
Thu Siu Education Details
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Management -
Business Administration And Management, General
Frequently Asked Questions about Thu Siu
What company does Thu Siu work for?
Thu Siu works for Citi
What is Thu Siu's role at the current company?
Thu Siu's current role is Compliance Programs Manager - Director.
What is Thu Siu's email address?
Thu Siu's email address is mi****@****ail.com
What is Thu Siu's direct phone number?
Thu Siu's direct phone number is (800) 374*****
What schools did Thu Siu attend?
Thu Siu attended University Of Florida, University Of Florida.
What skills is Thu Siu known for?
Thu Siu has skills like Vietnamese, Essbase, Procurement, Merchandising, Purchasing, Strategic Sourcing, Sourcing, Supplier Management, Global Sourcing, Category Management, Negotiation, Vendor Relations.
Who are Thu Siu's colleagues?
Thu Siu's colleagues are Matthew Neill, Lindsey Fox, Monique Nairn, Thomas L., Nanno Aziz, Abu Khaled, Chiedu Nweje.
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