Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic
ARTURO LUGO VEGA

ARTURO LUGO VEGA

Matamoros,Mexico

Summary

Experienced Senior Buyer with strong analytical background, leveraging 7 years of expertise to conduct comprehensive research and skillfully negotiate pricing with vendors to procure high-quality products. Proven track record in fostering and maintaining successful business relationships with existing vendors, while actively seeking out new opportunities to engage with potential suppliers. Meticulous in reviewing pricing, terms, and conditions to ensure favorable agreements are formed.

Overview

7
7
years of professional experience

Work History

Sr Buyer Team Leader

TRICO
12.2020 - Current
  • Oversee $60M+ budget, managing 1,200+ SKUs across 53 global suppliers for automotive and aftermarket production (e.g., wiper systems for Ford, Stellantis).
  • Lead 7 buyers (3 Mexico, 4 Europe), setting goals, standardizing processes, and ensuring industry-standard performance.
  • Drive strategic sourcing negotiating contracts to cut costs, boost reliability, and support production/aftermarket needs.
  • Analyzed inventory usage and assessed trends to provide maximum coverage for each time period.
  • Optimize supply chain with AS400, reducing transportation costs and ensuring just-in-time delivery.
  • Optimized inventory management practices, reducing excess stock and minimizing carrying costs.
  • Establish KPIs to track supplier performance, team efficiency, and procurement success, reporting to senior leadership.
  • Align purchasing with production, finance, and OEMs through stakeholder collaboration.
  • Train local/global team members, fostering continuous improvement.
  • Key Achievements: Reduced expenses via negotiations and transportation optimization.
  • Enhanced supply chain visibility, minimizing shortages for production and aftermarket.
  • Developed strong relationships with suppliers, fostering collaboration and mutual growth.
  • Collaborated with buyers for special events and seasonal promotions to maintain adequate product stock and drive sales.
  • Collaborated with cross-functional teams to identify opportunities for cost reduction and process improvement.
  • Enhanced supplier performance through regular evaluations and performance improvement plans.
  • Led procurement team by training staff and overseeing purchasing decisions.

Materials Planner/Buyer

LITTELFUSE
07.2018 - 12.2020
  • Managed $10M+ inventory with 1,000+ SKUs for automotive manufacturing and electrical components.
  • Developed purchasing strategies using SAP ERP, analyzing forecasts (EDI, MPS, MRP) for production and launches.
  • Negotiated contracts to lower costs while maintaining quality and delivery in a fast-paced environment.
  • Partnered with vendors to boost supply chain reliability, exceeding targets.
  • Key Achievements: Cut material costs through supplier collaboration.
  • Streamlined procurement, supporting automotive timelines and product rollouts.
  • Identified opportunities for process improvements within the materials planning function, driving continuous improvement initiatives that led to increased efficiency.
  • Coordinated cross-functional teams to resolve material shortages or delays, minimizing production downtime and ensuring timely deliveries to customers.
  • Collaborated with purchasing department to secure favorable contracts with suppliers, resulting in cost reductions throughout the supply chain.

Education

Bachelor's Degree - Industrial Engineering

Teconologio Nacional De Mexico - Campus Matamoros
Matamoros, Tamaulipas
12-2022

Skills

  • Purchasing strategy
  • Global procurement
  • Analyzing data
  • Adept in AS400
  • Supplier relationship management
  • Customer focus
  • Trend assessment
  • Demand forecasting
  • Cost analysis
  • Supply chain optimization
  • SAP expertise
  • Customer service

Languages

English
Professional Working
Spanish
Native or Bilingual

Timeline

Sr Buyer Team Leader

TRICO
12.2020 - Current

Materials Planner/Buyer

LITTELFUSE
07.2018 - 12.2020

Bachelor's Degree - Industrial Engineering

Teconologio Nacional De Mexico - Campus Matamoros

Similar Profiles

CREATE PROFILE
ARTURO LUGO VEGA