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Providing consulting services specializing in strategic procurement, leveraging 15+ years of leadership experience building world class global sourcing and procurement capabilities for the world’s leading manufacturer and marketer of major home appliances.Retired from Whirlpool in 2011 after nearly 30 years of service. Most recently served as Vice President, Raw Materials Procurement in the Global Strategic Sourcing group, leading a global team responsible for raw materials sourcing in support of Whirlpool’s worldwide operations. Operational roles have included leadership in building Whirlpool’s Global Commodity Management Team structure, VP of North America Procurement, Corporate VP of Global Direct and Indirect Procurement, as well as VP of North America’s Product Teams orchestrating product development planning and execution in support of Whirlpool’s market leading North American major appliance business. Finance roles included leadership globalizing the Corporate Internal Audit function and as Controller in the turnaround of a European based component subsidiary.Specialties:Procurement strategy development & implementationCommodity strategy development, negotiations & contractingMaterial productivity management systemsCommodity hedging management systemsM&A due diligence, value extraction & business integrationIndirect Goods & Services ProcurementProcurement organizational design & talent pool development IPO development and emerging market leverageDistressed supplier identification and mitigation processesGlobal teaming modelsSupplier innovation engagement processesComplexity reduction leverage processesCompetitive analysis
Egan Management Consulting, Llc
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PrincipalEgan Management Consulting, Llc Jan 2012 - PresentProviding advisory and project based consulting services specializing in strategic procurement.
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Vp Global Raw Materials ProcurementWhirlpool Corporation Jan 2009 - Nov 2011Senior leader for the sourcing of $2-$3 billion in raw materials supporting Whirlpool’s worldwide operations. Responsibilities included commodity hedging activities for the company’s base metals requirements. Also provided leadership developing North America’s financially distressed supplier identification and risk mitigation capabilities in response to the 2008 financial crisis. -
Vp Global Procurement OperationsWhirlpool Corporation Jan 2005 - Dec 2008Leadership of direct material and indirect goods and services purchasing activities globally, overseeing in excess of $10 billion in purchase value. Increased emerging market sourcing of direct materials by 35% globally. Orchestrated materials due diligence, synergy capture and integration activities associated with a major acquisition, delivering $250 million in materials related benefits. Initiated a direct materials complexity reduction initiative that ultimately identified $600 million in cost reduction opportunities through reduced design complexity and more effective global sourcing. Re-established a base metals hedging program, yielding $100 million in benefits through favorable hedge positions. Operationalized an Indirect Procurement strategy that consistently yielded 5% in annual productivity benefits.
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Vp North America Product TeamsWhirlpool Corporation Jan 2003 - Dec 2004Leadership of six product teams with accountability for defining and executing product development plans supporting the business strategies of each of Whirlpool’s North American brands. Responsibilities included facilitating the resource allocation and decision processes associated with North America’s engineering and capital investment funding needs.
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Vp North America Region ProcurementWhirlpool Corporation Jan 1998 - Dec 2002Responsible for direct materials procurement for the North American region, leading an organization that supported six product development centers and 13 manufacturing locations with accountability for $3 billion in purchase value. Achieved a series of record performance years from 1999 through 2002 delivering $725 million in combined year over year material productivity and working capital improvements. Established an Asian IPO based in Hong Kong to drive Asian sourcing initiatives supporting Whirlpool’s worldwide operations.
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Corporate Director, Global Sourcing StrategiesWhirlpool Corporation Jun 1994 - Dec 1997Established a new Procurement group in an effort to elevate Whirlpool’s global management and leverage for a group of commodities accounting for one third of the company’s worldwide purchases. Ultimately established formal worldwide commodity business teams to manage commodities on a global basis.
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Controller, Whirlpool Compressors - Turin, ItalyWhirlpool Corporation Jan 1991 - May 1994Responsible for Controllership, Information Systems and Strategic Planning for this European based component manufacturer with $200 million in worldwide sales. Initially served as the sole parent company representative with the challenge to help turnaround an operation that was generating significant losses. Rationalized operations and restored business profitability to the point that the business was acquired by an industry leader.
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Corporate Director, Internal AuditWhirlpool Corporation Jan 1990 - May 1991Directed the corporation’s overall internal audit activities. Scope included the evaluation of operational procedures and management processes as well as accounting systems. Reoriented audit focus to address the corporation’s growing international appliance and non-appliance business interests.
Tom Egan Education Details
Frequently Asked Questions about Tom Egan
What company does Tom Egan work for?
Tom Egan works for Egan Management Consulting, Llc
What is Tom Egan's role at the current company?
Tom Egan's current role is Seasoned executive providing advisory and project based consulting services specializing in strategic procurement.
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Tom Egan's email address is t_****@****ast.net
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Tom Egan's direct phone number is +126942*****
What schools did Tom Egan attend?
Tom Egan attended The Ohio State University Fisher College Of Business.
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