Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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Craig Stamm

Indianapolis,IN

Summary

Strategic Sourcing Specialist with solid 15-year background in driving and coordinating sourcing efforts for material and service procurement. Focuses on cost savings and supplier development to support pre-procurement strategy and supply agreement negotiation. Collaborates with internal business units and supply chain stakeholders to achieve business goals.

Overview

17
17
years of professional experience

Work History

Global Strategic Sourcing Manager

Genuine Parts Co
07.2017 - Current
  • Leveraged strong negotiation strategies to minimize sourcing expenses and deliver profitable products.
  • Understood and formulated business requirements for commercial trade contracts.
  • Managed relationships across global boundaries and time zones through strategic partnerships and strong value propositions.
  • Supported cross-functional efforts to reduce costs and standardize components through new and innovative processes.
  • Analyzed spend data to identify and execute cost-savings, cost-avoidance and value analysis opportunities.
  • Developed requests for proposal and issued requests for quotes to support sourcing efforts.
  • Managed and developed relationships with suppliers to attain maximum cost efficiency and leverage buying power.
  • Calculated and reported actual and projected sourcing savings by spend categories.
  • Developed and implemented strategic purchasing procedures and control systems to reduce direct costs and carrying costs.
  • Collaborated with strategic partners to develop and manage key performance indicators and quality assurance processes.

Director of Procurement

Home Health Depot
01.2013 - 07.2017
  • Negotiated contracts with suppliers to obtain favorable terms and pricing.
  • Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
  • Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.
  • Developed and implemented procurement policies and procedures to enhance compliance with company standards.
  • Negotiated complex corporate procurement contracts by working closely with internal and external contacts.
  • Monitored and managed procurement budget to control costs.
  • Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
  • Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
  • Conducted spend analysis to identify cost-saving opportunities.
  • Created and maintained portfolio of qualified vendors to expand options.
  • Utilized market intelligence to identify opportunities for savings and cost reduction.
  • Led sourcing process for new vendors to get quality products and services and mitigate risk.
  • Negotiated pricing and terms with vendors to secure best value for company.
  • Communicated regularly with suppliers to uphold accountability for quality standards and timely delivery of goods.
  • Hired and trained purchasing staff to improve effectiveness of purchasing operations.

Supply Chain Specialist

Henry Schein
12.2006 - 01.2014
  • Maintained optimal inventory levels to meet operational requirements.
  • Worked with suppliers to manage schedules, specifications and quality compliance.
  • Improved project efficiency by prioritizing equipment tasks and operation while adhering to safety protocols.

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  • Led supply chain improvement efforts through management of carrier relationships, customs activities and international security measures.
  • Gathered and analyzed supplier, inventory and distribution data to assess areas in need of improvement.
  • Collaborated with internal teams to improve outputs to meet demand and supply requirements, ensuring inventory integrity targets for finished goods.
  • Implemented inventory-management strategies to maximize availability and decrease waste.

Education

Bachelor of Science - Business Administration And Management

Indiana Wesleyan University
Marion, IN
12.2013

Skills

  • Global Sourcing Strategies
  • Strategic Business Relationships
  • Supplier Performance
  • Transition Plans
  • Trend Analysis
  • Negotiation Strategies
  • Supply Base Development
  • Inventory Management
  • Cost Assessments
  • Analytical Thinking
  • ERP Software
  • Relationship Building
  • MS Office
  • Process Improvement
  • Supplier Relationship Management

Accomplishments

Southwest Airlines Valued Business Partner 2018

Timeline

Global Strategic Sourcing Manager

Genuine Parts Co
07.2017 - Current

Director of Procurement

Home Health Depot
01.2013 - 07.2017

Supply Chain Specialist

Henry Schein
12.2006 - 01.2014

Bachelor of Science - Business Administration And Management

Indiana Wesleyan University
Craig Stamm