Bernadette Megna
Morris Plains,NJ
Summary
Strategic Sourcing Professional with 15+ years of experience in Indirect and Direct Commodity Management across diverse industries, including Telecommunications, Cosmetic, Elevator, Pharmaceutical, Manufacturing, and Retail. Proven track record of driving cost savings and optimizing supply chain operations. Proficient in supplier relationship management, contract negotiation, and market analysis.
Overview
2025
2025
years of professional experience
Work History
SENIOR CATEGORY MANAGER - STRATEGIC SOURCING
Party City
Woodcliff Lake, NJ
01.2022 - Current
- Lead strategic sourcing initiatives for North America Indirect operations (Facilities Services, Logistics, Small Parcel, Maintenance, Repair & Operations (MRO), Energy & Utilities and Business Services) with portfolio valued at $150MM
- Cost Savings: Achieved a 15% reduction in procurement costs by conducting RFx's and negotiating high-stakes contracts with key suppliers, resulting in annual savings of $8.3MM in 2024
- Strategic Sourcing: Led an MRO strategic sourcing initiative, consolidating supplier contracts resulting in 25% reduction in overall supplier base and improved pricing
- Contract Management: Partner with the legal team to draft, negotiate, develop, and execute supplier master agreements, statements of work, service level agreements and non-disclosure agreements
- Market Analysis: Conduct comprehensive market analysis to identify potential suppliers and assess pricing trends, informing sourcing decisions
- Cross-Functional Collaboration: Collaborated with cross - functional teams to align procurement strategies with business goals
- Training and Development: Developed a Companywide Procurement Policy enhancing best in class sourcing practices
CATEGORY MANAGER - STRATEGIC SOURCING
Schindler Elevator Corporation
Morristown, NJ
10.2011 - 01.2022
- Lead strategic sourcing efforts in support of Indirect operations (Facilities, Professional Services, MRO, Capital Expenditures, Utilities & Energy, Field Subcontracting/Site Services) with annual spend of $150MM for North America operations
- Analyzed spend data and developed coherent sourcing strategies focusing on supply base optimization/identifying cost savings opportunities
- Designing best in class sourcing practices for team & stakeholders
- Leading cross functional stakeholders to collaborate on projects & contract management
- Draft, negotiate, develop, and execute supplier agreements, statements of work, service level agreements, and RFx documents with the objective of creating strategic business opportunities and savings for the organization
- Negotiating various SOW's & MSA's for Consulting Services & Professional Services
- Prepare and maintain contracts with national/regional vendors in accordance with company standards
- Achieved savings of $4.5MM in 2021
- MRO - led and managed power tool RFP, pivoting from lease to buy program resulting in $1.5MM in savings
- Facilities - facilitated cafeteria services RFP, onboarded new cafeteria service provider post COVID
- Oversee and manage all energy and utility contracts across for Headquarters and plant locations
- Energy - lead on Schindler Sustainability Plan around Electricity/Natural Gas
- Achieved 10% savings on office furniture reconfiguration project
- Trained field offices on subcontracting bidding process to audience of 200+
- Developed, implemented, and communicated "Think Before You Spend" campaign
- Serving on various projects outside of my Category to drive improvement and work to timeline
PURCHASING AGENT
L'Oreal USA
Clark, NJ
01.2007 - 01.2011
- Managed purchasing activities in the launch sourcing group leading up to and including the first production run of the finished goods produced at strategic Contract Manufacturers with annual spend of $32MM
- Set 2010 budget prices for 1000+ items resulting in cost savings of 11%
- Financial reporting and PPV trending/analysis
- Executed request for quotation for all new launch items for the Consumer, Luxury, Professional brands and performed decomposition/synthesis of Contract Manufacturer's cost structure
- Supported 45 new product launches for 2009/2010 achieving time-to-market
GLOBAL SUPPLIER RELATIONSHIP MANAGER
Lucent Technologies
Whippany, NJ
01.1997 - 01.2006
- Commodity/Supplier management, sourcing strategy and process improvement activities for 50+ suppliers within the Telecom and Memory commodities totaling an estimated annual spend of $150MM
- Achieved total annual savings of $1.5MM by leading quarterly contract price negotiations with supplier executives
- Avoided $2.4MM in cost by leveraging supply base and engaging low-cost region suppliers in major redesign wireless proposal
- Executed quarterly Supplier Scorecards highlighting performance issues that included delivery problems, price adjustments/discrepancies and quality issues
- Facilitated monthly "Lunch and Learn" programs with suppliers and design community, which resulted in product roadmap alignment
PURCHASING MANAGER
- Implemented strategies and processes with strategic suppliers to drive innovation in technology and design methods to realize reduced time-to-market, cost of goods sold and research and development costs
- Executed international procurement contracts which included consignment, Dock-to-Shop, and EDI arrangements with new suppliers
- Created risk mitigation strategies for supply agility based on suppliers' strengths and weaknesses
- Introduced products below project management target costs that resulted in $2MM cost savings
- Earned HERO Award for Honoring Excellence and Recognizing Outstanding Employees
- Earned promotion following superior performance and demonstrated ability to quickly learn and master complex concepts
ASSISTANT BUYER
- Maintained business operations by purchasing wireless components and tracking/expediting deliveries
- Solicited high value proposals; negotiated prices, terms, and delivery with strategic suppliers
- Identified and recommended suppliers by investigating potential suppliers (i.e
- Supplier visits); researching parts, equipment, and materials availability
- Implemented strategic purchasing tactics by collecting, analyzing, and summarizing financial data and market trends
- Achieved promotional advancement from Assistant Buyer to Purchasing Manager within one year
Education
Bachelor of Science - Business Administration and Marketing
Montclair State University
Skills
- Proficient in MS Office (Word, Excel, PowerPoint), SAP, Ariba, Sievo (Spend Management Tool), and Supply-On (eSourcing Tool)
- Cost-reduction strategies
- Supplier Contracts
- Negotiation expertise
- Supplier Relationship Management
- Strategic Sourcing
- Commodity Strategies
- Supply Chain Optimization
- Data Analytics
- Supplier Reviews
- Pricing strategy
- Risk Mitigation
Timeline
SENIOR CATEGORY MANAGER - STRATEGIC SOURCING
Party City
01.2022 - Current
CATEGORY MANAGER - STRATEGIC SOURCING
Schindler Elevator Corporation
10.2011 - 01.2022
PURCHASING AGENT
L'Oreal USA
01.2007 - 01.2011
GLOBAL SUPPLIER RELATIONSHIP MANAGER
Lucent Technologies
01.1997 - 01.2006
PURCHASING MANAGER
ASSISTANT BUYER
Bachelor of Science - Business Administration and Marketing
Montclair State University
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