CHELSEA WENDT
Snohomish,WA
Summary
Savvy procurement professional committed to helping companies build dependable supply networks with best-in-class pricing and quality. Proven track record of successful cost optimization, supplier performance management, and team leadership.
Overview
12
12
years of professional experience
Work History
Freelance Business Consultant
Self-Employed
05.2023 - Current
Global Strategic Sourcing Manager
Amazon
03.2021 - 05.2023
- Led the supplier interface for all RFI, RFP, and RFQ activities to support sourcing initiatives.
- Delivered annual savings targets consistently through diligent execution of category management plans and securing best-in-class pricing (6% savings on $1B annual budget).
- Collaborated closely with finance/capital planning teams to develop accurate budget forecasts based on historical trends and anticipated future needs.
- Developed strong relationships with internal stakeholders to better understand their needs, ensuring alignment between procurement strategies and overall business objectives.
- Enhanced supplier relationships by conducting regular performance evaluations and providing quantitative and qualitative feedback.
Senior Financial Analyst
Amazon Web Services
08.2020 - 03.2021
- Provided valuable insights by leading monthly variance analysis reviews between actual results and budget/forecast expectations (~$100M P&L).
- Developed comprehensive financial models that informed strategic decision-making for the organization.
- Streamlined financial reporting processes, resulting in more efficient delivery of critical information to stakeholders.
- Collaborated with cross-functional teams to drive process improvements and increase operational efficiency.
- Acted as Controller of Customer Support organization to ensure prudence and compliance with financial commitments.
Corporate Strategy Analyst
Boeing
04.2019 - 06.2020
- Contributed to the successful launch of new products by providing comprehensive market research analysis and insights.
- Evaluated potential investments by performing financial analyses to assess profitability and viability within the company's long-term strategy.
- Conducted customer and competitor analyses to improve product positioning in the market and identify growth opportunities.
- Maintained up-to-date knowledge on industry trends and emerging technologies, providing vital input for strategic decision-making within the organization.
- Leveraged advanced analytics tools to uncover valuable insights from large datasets, guiding strategic recommendations.
Senior Procurement Financial Analyst, Supply Chain
Boeing
11.2013 - 04.2019
- Led contract negotiations ($5.5B contract) to secure favorable pricing, payment terms, and long-term pricing structure, closing $1B gap between positions.
- Conducted detailed cost analyses to identify and execute cost-savings, cost-avoidance and value analysis opportunities.
- Enhanced forecasting accuracy through the development of sophisticated financial models and tools.
- Maintained effective and lasting vendor relationships through dynamic communication, collaboration, and intelligent questioning skills (international engagements with Japan, Italy, UK, France).
- Collaborated with cross-functional teams to develop category strategies and align procurement activities with organizational objectives.
Financial Analyst, Financial Operations
Boeing
06.2012 - 11.2013
- Optimized resource allocation by conducting in-depth analyses of departmental budgets and performance metrics.
- Reduced financial risks by implementing robust internal controls and compliance measures for inventory reporting ($1.2M value).
- Created live dashboard for supplier cost recovery to improve visibility, accuracy, and increase capture by ~20% ($100M target).
- Developed customized financial reports, enabling stakeholders to make data-driven decisions effectively.
- Initiated process improvements that increased the efficiency of budgeting cycles while maintaining accuracy standards.
Education
MBA - Strategy & Business Development
University of Washington
Seattle06.2020
Bachelor of Arts - Entrepreneurship
Washington State University
Pullman, WA05.2012
Skills
- Global Procurement
- Negotiation Strategies
- Supplier Relationship Management
- Contract Administration
- Strategic Planning
- Forecasting
- Budgeting and Planning
- Cost Analysis
- Financial Management
- Financial Modeling
Leadership And Involvement
- Small Business School Challenge, 48-hour consulting workshop for community business-owners
- Washington Federation (Animal Welfare) - Board of Directors Non-Voting Member
- Women in Business for Good - Member
Timeline
Freelance Business Consultant
Self-Employed
05.2023 - Current
Global Strategic Sourcing Manager
Amazon
03.2021 - 05.2023
Senior Financial Analyst
Amazon Web Services
08.2020 - 03.2021
Corporate Strategy Analyst
Boeing
04.2019 - 06.2020
Senior Procurement Financial Analyst, Supply Chain
Boeing
11.2013 - 04.2019
Financial Analyst, Financial Operations
Boeing
06.2012 - 11.2013
MBA - Strategy & Business Development
University of Washington
Bachelor of Arts - Entrepreneurship
Washington State University
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