Senior Vice President Chief Procurement Officer
Newell Brands (NYSE: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate(r), Sharpie(r), EXPO(r), Parker(r), Elmer's(r), Coleman(r), K2(r), Rawlings(r), Irwin(r), Lenox(r), Oster(r), Sunbeam(r), Rubbermaid Commercial Products(r), Graco(r), Baby Jogger(r), Aprica(r), Calphalon(r), Rubbermaid(r), Goody(r), First Alert(r), FoodSaver(r), Jostens(r), NUK(r), and Yankee Candle(r).What unites all our businesses is a belief in brand-led growth, driven by an understanding of the constantly changing needs of our consumers and the ability to create products that win in the market by delivering superior performance, design and innovation.
Decisive leader leveraging +30 years of experience in supply chain management, procurement, logistics, and international trade on a global scale. Proven track record of successfully developing organizational strength and delivering exceptional business results. Chief Procurement Officer for Newell Brands Feb. 2017 - Present Accountable for leading the global Procurement function including Corporate Real Estate, Customs & Trade, and Social Compliance, with oversight of cross BUl VAVE initiatives. Total spend across all categories is $ 7B annually with 20,000 suppliers, supported by 450 professionals. Factory footprint includes 45 facilities globally. •Actioned > $ 325M in total annualized gross productivity. •Improved total company weighted average payment terms by + 30 days. •Achieved a > 96% overall forecast accuracy for $1.5B in commodity purchases over a rolling six-month horizon. Established ongoing executive and divisional briefings for deployment of inflationary risk mitigation and customer pricing actions. •Deployed a Procurement Center of Excellence, embedding common sourcing practices and best in class market strategies. •As the fifteenth largest importer into the U.S., lead ongoing tariff exposure and supply chain risk mitigation strategies. •Drive global talent transformation, location strategy, and functional ROI competitive with industry benchmarks. •Drive speed and agility into supply base innovation process 4/2016 – 1/2017Newell Brands, Hoboken NJ VP, NWL Procurement Transformation Responsible for delivering critical synergy based cost reductions to fuel strategic growth objectives, while leveraging the collective expertise of the legacy procurement communities. •Led the development and deployment of a newly consolidated $9.5B spend data warehouse. •Actioned $ 210M in annualized gross productivity or 5.5% of addressed spend. Included + $15M in cash rebates and $ 70M in working capital improvements. •Implemented forward-looking commodity market assumptions and plan guidance across all legacy businesses. •Established organizational baseline cost and productivity performance for external benchmarking and objective setting.
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