Chad Banzhaf
Palo Alto,USA
Summary
Empowering senior leader, achieving results by prioritizing objectives and working cross functionally to deliver desired outcomes. Highly effective in utilizing strategic sourcing and lean techniques to meet customer expectations and business commitments. Developed tools to drive productivity, improve cash flow, and deliver premier customer service. Skilled strategist, organizer, and mentor with reputation for building high-performing teams and developing people.
Overview
25
25
years of professional experience
Work History
Director, Global Procurement
nVent THERMAL MANAGEMENT
Redwood City, CA
01.2018 - Current
- Managed a world-class procurement organization that delivered against business and customer requirements, goals, and priorities.
- Directed forecast preparation, handled pre-launch purchases, and ensured regulatory certifications for 15 new electronics products each year.
- Delivered an annual 3% material cost improvement to help profitability through supplier cost efficiency, value engineering, strategic supplier agreements, and capitalizing on material market trends across direct and indirect spend categories.
- Improved partnerships with key strategic suppliers by developing and executing category strategy roadmaps, though the implementation of contracts and stocking agreements, creating price bands with rebates, and tying raw materials to the price index.
- Reduced PPM to below 1500 and increased supplier OTD to 92%. Enforced reduction in lead times by 5% through supplier scorecard management strategy and quarterly business reviews. Developed new vendors to replace underperforming suppliers.
- Managed availability crisis situations on critical, highly-regulated materials to minimize the impact on operations and reputation.
- Cultivated relationships with stakeholders to secure support and funding for key initiatives.
- Created and executed on 3 year “In country / for country” sourcing strategy to support regional customer requirements and mitigate geo-political trade headwinds, driving 10% growth for the company.
- Supported Operations 2% cost improvement metric through material usage variance and inbound freight reduction.
Sr Category Manager, Global Sourcing and Supply Chain
Pentair
Golden Valley, MN
01.2016 - 01.2018
- Supply leader responsible for $100M third party direct spend across 3 global Segments of Pentair
- Led centralized matrixed Global Supply team consisting of Supply Leaders, Supply Analysts, and Value Engineers (8 total global team members)
- Leveraged resources and reduced costs by centralizing supply chain and sourcing functions across 30 manufacturing and 9 distribution plants worldwide
- Delivered year over year MCOGS improvement (3.3% direct)
- Supported Operations by improving supplier OTD to 90%, PPM below 1800, and decreasing lead times 10%
- Delivered a 8-day improvement on DPO and $6M in inventory reduction
- Aligned with Operations, Sales, and Marketing to reduce E&O inventory $2M
- Driver of multi-year commodity strategies to optimize supply chain, consolidate supply base, and obtain annual cost savings metrics
- Negotiated multiple multi-year agreements with critical suppliers within the category that defined the business relationship to meet multiple business requirements, including cost through index monitoring and value improvements, delivery through stocking programs and logistics improvements, and quality through warranty and RMA processes
- Delivered a 3-day improvement on DPO and $5M in inventory reduction through consignment programs with critical long lead time international suppliers
- Managed key finished goods insourcing projects, delivering $5M in net present value to largest segment in the company
Category Manager, Plastics/Resins
PENTAIR
01.2013 - 01.2015
Value Engineering Manager
PENTAIR
01.2011 - 01.2013
International Project Engineer
PARKER HANNIFIN INC. (BALDWIN FILTERS)
Chicago, IL
01.2000 - 01.2011
Project Engineer, Air Filtration Division
PARKER HANNIFIN INC. (BALDWIN FILTERS)
Kearney, NE
Design Engineer
PARKER HANNIFIN INC. (BALDWIN FILTERS)
Kearney, NE
Education
Master of Business Administration (MBA) -
University of Nebraska
Kearney, NEBachelor of Science Mechanical Engineering (BSME) -
University of Nebraska
Lincoln, NESkills
- Supply Chain Excellence
- Productivity Improvements
- Category Management
- Supply Diversity
- Premier Customer Service
- Cross-Functional Teamwork & Alignment
- Talent Development
- Supplier Development
- New Product Introduction
- Supply Resiliency
Membershipscertificationsactivities
- Project Management Professional (PMP) Certification
- 6-Sigma Green Belt Certification
- Executive Development program, nVent
- 2021 CEO Leadership Award, nVent
Timeline
Director, Global Procurement
nVent THERMAL MANAGEMENT
01.2018 - Current
Sr Category Manager, Global Sourcing and Supply Chain
Pentair
01.2016 - 01.2018
Category Manager, Plastics/Resins
PENTAIR
01.2013 - 01.2015
Value Engineering Manager
PENTAIR
01.2011 - 01.2013
International Project Engineer
PARKER HANNIFIN INC. (BALDWIN FILTERS)
01.2000 - 01.2011
Project Engineer, Air Filtration Division
PARKER HANNIFIN INC. (BALDWIN FILTERS)
Design Engineer
PARKER HANNIFIN INC. (BALDWIN FILTERS)
Master of Business Administration (MBA) -
University of Nebraska
Bachelor of Science Mechanical Engineering (BSME) -
University of Nebraska