Tom Wang

Tom Wang Email and Phone Number

Supply Chain Executive | Demand and Supply Planning | Strategic and Global Sourcing | Replenishment | Logistics and Order Fulfillment | Supply Chain Leadership & Transformation @ ITW
Tom Wang's Location
Houston, Texas, United States, United States
About Tom Wang

An accomplished and goal-oriented supply chain executive with vast expertise in planning, supply management, strategic sourcing, vendor management, order fulfillment and logistics across consumer goods, eCommerce, retail, manufacturing and business consulting. Utilizes transformational leadership skills to develop talent and build empowered teams. A cost-conscious and perceptive top-performer who drives an organization toward its maximum potential and profitability. I brought value to organizations through:Strategy: Align business goals and financial metrics with actionable strategies for entire supply chain organization;Process: Develop, implement and manage business processes to achieve best business results and to drive higher product availability, cost effectiveness and inventory productivity;Transformation: Data-driven decision making and problem solving to turn around struggling organizations, via change management and best practice benchmarking;Organization: Build winning teams with customer focus mindset, can-do attitude and collaborative culture. Recruit, empower, develop and coach talents. Manage organization and individual performance through customer-centric KPIs for continuous improvement.My specialties Include:End to End Supply Chain TransformationS&OP, Demand & Supply PlanningInventory OptimizationOmnichannel RetailStrategic Sourcing and Commodity ManagementOrder Management and FulfillmentPurchasing and Procurement Materials Management through ERP ImplementationWarehouse and TransportationBusiness Intelligence and Data Analytics

Tom Wang's Current Company Details
ITW

Itw

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Supply Chain Executive | Demand and Supply Planning | Strategic and Global Sourcing | Replenishment | Logistics and Order Fulfillment | Supply Chain Leadership & Transformation
Tom Wang Work Experience Details
  • Itw
    Supply Chain Director
    Itw Jan 2021 - Present
    Glenview, Il, Us
    Oversee the end to end supply chain organization including Planning, Purchasing, Global Sourcing, Order Fulfillment, Warehouse and Logistics to support multiple consumer goods business divisions by providing retail customers with better product availabilities, higher fulfillment capacities and lower total costs.● Sustained high service level for major categories and key customers in a challenging year of 2021. Led initiatives across the end-to-end supply chain team to improve fill rate and on-time performance through dual sourcing, alternative materials, consignment stock, long range planning, capacity incentives with suppliers and 3PL, improved demand management including customer allocation, SKU consolidation and CPFR. Delivered 50%+ revenue growth and customer OTIF recovery in 2021.● Lead sourcing team with annual spend $300M+. Achieved cost reduction of $5M in 2021 through spend analysis, value engineering, spend consolidation, multiple sourcing, tier 2 sourcing in low-cost countries, bidding and negotiation. Reviewed strategic supplier relationship to mitigate supply risks by ensuring supply continuity, price stabilities and innovation capabilities. ● Manage Global Logistics and Order Management function including warehousing, order fulfillment, ocean shipment, in/outbound transportation and freight negotiation. Spearhead the project of setting up new warehouse building to support business growth by leading center of gravity analysis, real estate sourcing, lease negotiation, 3PL bidding and selection, new warehouse engineering, IT implementation, transition planning and risk management.
  • Walmart Ecommerce
    Associate Director, Supply Chain Inventory Management
    Walmart Ecommerce Jul 2018 - Jan 2021
    Bentonville, Arkansas, Us
    Managed five directs and reported to VP of supply chain, overseeing end-to-end product flow, improving product availability, inventory productivity and cost effectiveness for consumable categories (pets, health, beauty, office/party supplies) with 35K SKUs, $1B sales, and $100M average inventory.• Drove higher in-stock with lower inventory level to enable successful online business that saw revenue growth of 110% YoY. Collaborated with cross-functional teams such as analytics, capacity management, FCs, and vendors to design and launch best-in-class initiatives, including next day delivery, local-geo, Omni-channel consolidation, and network optimization.• Led supply chain team to support planned events, including holiday, seasonal, and promotional, as well as unprecedented demand surge and supply disruption such as during COVID-19, through innovative analytical tools and processes that achieved better demand forecasting, capacity planning, vendor compliance, and business intelligence.• Spearheaded workstreams to launch new brands and new vendors. Developed processes and trackers with vendors to ensure OTIF pre-launch and continued reviewing business performance post-launch. Achieved 100% in-stock for 400 items during major brand launch event.• Created and implemented balanced scorecard and KPIs to align strategic focus within supply chain team, foster customer-centric culture, and drive continuous improvements. Hired and developed supply chain teams with winning attitude and achieved best performance metrics within ecommerce for FY20.
  • Ge
    Global Sourcing Manager
    Ge Apr 2013 - Apr 2018
    Boston, Ma, Us
    Developed and implemented sourcing strategies to support product lines ($60M+) and site ($120M+). Managed global suppliers (200+), cross-functions, and projects to achieve sourcing goals, including cost savings, on-time delivery, low cost country %, supplier base consolidation, multi-source, quality, and compliance.• Managed product lifecycle sourcing activities from NPI (new product introduction) to engineering change to EOL (end of life). Designed and implemented NPI process to ensure DFM/DFT review and component vitality analysis. Supported 12 major NPI projects ($10M+ revenue) to launch at competitive price and on schedule.• Teamed with engineers to support redesign and alternative source projects to reduce product costs continuously. Achieved 60% cost reduction ($1,500 per base unit) on flagship product to support five years’ growth plan by aggressively addressing cost saving opportunities across all commodities, including electric and electronics, PCBA, electro-mechanical, and metal and plastics. • Spearheaded quarterly negotiation and business review with major suppliers and commodity managers to seek and track cost saving opportunities for PCBA, electrical/electronic components, and mechanics parts. Achieved $6M annual deflation for business site.• Led PCBA transfer projects and work cross function with technology, production, quality, testing, and procurement to qualify PCBA mass production (40+ PNs, $10M+ annual spend) with awarded supplier. Achieved $2.2M annual cost saving and reduced inventory by $1M.
  • Anta
    Director Of Business Operations
    Anta Sep 2007 - Apr 2013
    厦门市, 福建省, Cn
    Managed team of 80 people and reported to VP Sales, leading functions of sales forecast, order fulfillment, customer service, and logistics for #1 sportswear brand in China with $2.7B retail revenue. Met channel demand while minimizing cost and inventory level.• Budgeted and approved sales forecast by regions, by categories and by seasons, as key part of S&OP process to provide more accurate demand forecast for plants.• Fulfilled orders from over 8,000+ stores nationwide ($1.3B revenue per year). Achieved 99% on-time order execution and 18 days’ finished goods inventory turnover.• Reviewed and approved credit lines with each trade account. Reduced AR outstanding through rebate and delivery policies.• Managed logistics function with three DCs, nine forwarding agents, 200 routes from DCs to regions, and $10M in annual spend. Led optimization project to reduce numbers of forwarding agents from sixteen to nine and average delivery lead time from five days to four days through bidding and strategic partnership to result in $400K cost reduction and on-time delivery increase from 85% to 96%.
  • Capgemini
    Project Manager/Sr Consultant - Supply Chain
    Capgemini Jun 2004 - Sep 2007
    Paris, France, Fr
    Led and participated in sourcing and procurement consulting projects for six clients in various industries, including pharmaceutical, retail, IT, utility, and automotive. • Developed sourcing strategy and business and functional requirement for automotive company in Ohio to implement P2P platform.• Performed spend analysis and benchmarking for utility company in Texas to identify saving opportunities. Achieved $7M annual saving through negotiation, second sources, and supply base consolidation.• Led organizational transformation project to create world class purchasing function for pharmaceutical client in Illinois.
  • Dell Services And Computers
    Procurement Project Lead
    Dell Services And Computers Jun 2000 - Jun 2002
    Mountain View, California, Us
    • Teamed with worldwide procurement managers to source components in China. Managed China-based suppliers to support global manufacturing sites to result in $1,6M local and $17M worldwide annual savings, with China’s purchase increased from 45% to 59%.• Initiated and led Six Sigma projects to reduce materials costs and inbound logistics costs. Achieved $700K annual cost saving, with one project ranked as Top 5 Project in Dell Asia 2001.• Implemented VMI with local suppliers, reducing inventory level from 5.0 DSI (days of supply inventory) to 3.2 DSI.

Tom Wang Education Details

  • Michigan State University - Eli Broad College Of Business
    Michigan State University - Eli Broad College Of Business
    And Supply Chain Management
  • Shanghai Jiao Tong University
    Shanghai Jiao Tong University
    International Business/Trade/Commerce

Frequently Asked Questions about Tom Wang

What company does Tom Wang work for?

Tom Wang works for Itw

What is Tom Wang's role at the current company?

Tom Wang's current role is Supply Chain Executive | Demand and Supply Planning | Strategic and Global Sourcing | Replenishment | Logistics and Order Fulfillment | Supply Chain Leadership & Transformation.

What schools did Tom Wang attend?

Tom Wang attended Michigan State University - Eli Broad College Of Business, Shanghai Jiao Tong University.

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