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With a focused approach on strategic sourcing and cost management, our team at Baker Hughes has consistently delivered operational improvements and significant cost savings. Leveraging my expertise in manufacturing process improvements and commodities, we've managed a $12 million annual spend, achieving a minimum of 10% cost reductions yearly.Collaborating closely with suppliers, we've ensured not only optimal pricing and quality, but also enhanced availability and discounts. By implementing effective sourcing policies and fostering robust supplier relationships, our collective efforts have streamlined procurement processes and bolstered the financial performance of Baker Hughes.
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Senior Procurement SpecialistBaker Hughes, A Ge Company Nov 2018 - Mar 2024Houston, Texas, UsManaged $12M annual spend, optimizing procurement for Rockies and Western U.S. Implemented strategic sourcing policies, resulting in substantial cost savings and improved supplier performance. • Partnered with suppliers to meet operational needs, implement sourcing policies, and drive performance improvements while identifying alternative solutions to align with business goals.• Led RFX processes, achieving at least 10% annual cost savings on $36 million spend across multiple categories through strategic supplier negotiations and management.• Negotiated and formalized Supply Agreements with key suppliers, emphasizing Total Cost of Ownership, KPIs, and favorable terms to strengthen long-term partnerships.• Reduced Purchase Orders issued by 10%, improved compliance, and cut days to pay by 5 through effective Purchase Order lifecycle management.• Launched a supplier lifecycle program, boosting compliant procurement by 12% through rigorous quality, safety, and performance standards requirements.• Increased on-time delivery by 25% year-over-year through regular business reviews and ongoing supplier engagement.• Audited import customs processes to eliminate order violations, ensuring compliance and minimizing risks.• Guided customs brokers, international manufacturing sites, sourcing, finance, and logistics teams on pre-entry and shipment requirements, ensuring seamless operations.• Facilitated cross-functional communication between accounts payable and customers, resolving invoice discrepancies and streamlining purchase order processes. • Led SAP-Ariba training initiatives for internal stakeholders, drastically reducing non-compliant purchases and improving overall procurement efficiency.Results: Enhanced procurement efficiencies and transparency by effectively managing non-compliant purchases, driving cost savings, and fostering strong supplier relationships. -
Senior Buyer/Inventory Control AgentJims Steel Supply Company Feb 2016 - Nov 2018Directed procurement and supply chain operations for an industrial and agricultural center. Led forecasting and analysis efforts, collaborating with Purchasing and Sales Managers to minimize risks and maximize value.• Optimized inventory management, reducing warehouse levels by $100K and increasing turns by 60 days through JIT ordering and efficiency enhancements • Implemented inventory system, achieving 95% order accuracy and cost efficiency.• Created and enforced comprehensive SOPs for procurement and sales, ensuring consistent adherence to inventory control processes across departments.• Cultivated strong supplier relationships, negotiating favorable terms and ensuring timely material delivery to meet company requirementsResults: Implemented a standardized and streamlined procurement process, resulting in decreased overstock and minimized dead inventory.
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Procurement LeadBrinderson Sep 2013 - Feb 2016UsManaged procurement activities for an oil refinery maintenance company with a $9M annual spend, optimizing supplier agreements and logistics. Drove efficiency and cost savings through strategic sourcing initiatives.• Negotiated supply agreements, achieving 98% compliance and reducing payment time through process improvements.• Developed and implemented a supplier performance program with KPIs, enhancing JIT delivery and supplier reliability.• Led root cause analysis for supplier failures, identifying solutions to enhance supply chain performance.• Reduced restocking fees by analyzing inventory levels and aligning them with customer demand.• Mentored procurement teams, improving skills and increasing operational efficiency.• Coordinated daily planning and material logistics schedules to ensure on-time, accurate deliveries.• Collaborated with executives to align procurement strategies with company goals, fostering continuous improvement.Results: Streamlined procurement processes, improving inventory control, cost efficiency, and supplier performance. -
Procurement SupervisorRain For Rent Jul 2012 - Feb 2013Bakersfield, Ca, UsLed procurement for 76 branches of an industry leader in water management systems, serving industrial, agricultural, and commercial clients. Oversaw reporting, inventory control, and maintenance teams, collaborating with suppliers to drive process and performance improvements.• Integrated 150 suppliers into a new MRP software, training 300 users in 2 months.• Captured $200K in savings by optimizing supplier lifecycle and inventory control.• Increased fill rate from 50% to 90% through improved vendor communication.• Consolidated multiple locations into a cloud-based system, eliminating overstocks and improving inventory accuracy.• Led strategic procurement initiatives, streamlining supplier relationships and driving cost savings.• Pioneered innovative sourcing methodologies, securing competitive advantages and positioning the company for long-term growth.• Enhanced operational efficiency and procurement practices, resulting in improved vendor performance and reduced costs.Results: Successfully consolidated locations into a single cloud-based system, eliminating overstocks and improving fill rates -
Senior BuyerCore Mark International Aug 2001 - Jul 2012Managed $7MM+ in annual purchases across 6 commodities, optimizing inventory management, supplier relations, and market value.• Negotiated contracts and strengthened supplier relationships, ensuring optimal pricing and delivery terms.• Achieved a 98.5% fill rate for nearly 900 customers by streamlining inventory control and delivery forecasting.• Reduced aged inventory from 180 to 60 days through strategic partnerships and inventory management solutions.• Increased sales by 5% and improved gross margins by 1.5% through strategic negotiations, vendor support, and pricing adjustments.• Implemented a selective product distribution strategy, proactively resolving challenges before full market launches.• Spearheaded purchasing process improvements, driving efficiency and mitigating risks across the supply chain.Results: Streamlined procurement processes, improved inventory turnover, reduced aged stock, and enhanced gross margins.
Veronica V. Skills
Veronica V. Education Details
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University Of La VerneGeneral
Frequently Asked Questions about Veronica V.
What is Veronica V.'s role at the current company?
Veronica V.'s current role is Senior Procurement Specialist | Strategic Sourcing, Supplier Relationship Management | SAP & Ariba.
What is Veronica V.'s email address?
Veronica V.'s email address is vv****@****ply.com
What schools did Veronica V. attend?
Veronica V. attended University Of La Verne.
What skills is Veronica V. known for?
Veronica V. has skills like Purchasing, Pricing, Negotiation, Forecasting, Procurement, Sourcing, Management, Sales, Inventory Management, Supply Chain Management, Contract Management, Inventory Control.
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