DAVID YOUNG
Eagan,MN
Summary
Experienced procurement professional with a proven ability to effectively manage high-value contracts and optimize supply chain operations. Skilled in negotiating and executing strategic procurement initiatives resulting in substantial cost savings and added value. Recognized for exceptional collaboration skills and adaptability to evolving business needs. Excels in vendor management and contract analysis.
Overview
11
11
years of professional experience
Work History
Procurement Manager
Strategic Education Inc.
07.2024 - Current
- Negotiate complex corporate procurement contracts by working closely with internal and external contacts.
- Oversee contract administration activities, including drafting agreements, negotiating terms, managing renewals, and addressing disputes or discrepancies as needed.
- Reduce procurement costs by implementing strategic sourcing initiatives and negotiating favorable contracts with suppliers.
- Conducted spend analysis to identify cost-saving opportunities.
- Ensured compliance with internal and external procurement policies and regulations, minimizing legal risks and maintaining company reputation.
- Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
Contracts & Value Analysis Manager
CentraCare
01.2024 - 07.2024
- Designed custom dashboards and reporting templates tailored to stakeholder needs, enhancing visibility into key metrics and trends.
- Developed comprehensive financial models to support decision making for key company initiatives, driving growth and profitability.
- Developed and executed training programs for procurement team, enhancing skills and knowledge in strategic sourcing.
- Provided market insights and guided the selection, negotiation, and administration of agreements.
- Developed and monitored KPIs, GPO metrics, and industry benchmarks to ensure a top-tier supply chain.
Senior Sourcing & Procurement Consultant
United Health Group-United Healthcare, And Ingenix
06.2022 - Current
- Developed strong relationships with key stakeholders to align procurement strategies with business objectives.
- Managed several medical surgical categories
- Develop and execute category management strategies
- Reduced overall costs for the organization with thorough spend analysis and cost-saving initiatives.
- Mitigated business risks by analyzing contracts' potential impacts and avoiding unfavorable terms.
- Conduct sourcing / RFX events, and support RFP evaluation through financial analysis
- Managed, supervised and controlled execution of contracts ranging from $250K to $10M.
Category Manager
Uponor, North America
02.2022 - 06.2022
- Strategically managed supplier relationships including delivery performance and cost.
- Managed a diverse portfolio of products, ensuring optimal mix between high-margin items and cost-effective options for customers.
- High collaboration with Manufacturing, Maintenance, and Engineering, to include leading continuous improvement projects, and new equipment launches.
- Researched suppliers for future need identified in the New Product Development and engineering specifications.
- Developed and implemented a working strategy to support the plans produced by the business for facility management including inside and outside services, fleet management for equipment and vehicles.
Strategic Sourcing & Value Analysis
Gillette Children’s Specialty Healthcare
10.2018 - 02.2022
- Led the sourcing, procuring, planning and contracting of products and services.
- Implemented strategic plans and negotiated contracts for multi-million dollar spend categories such as Spinal, Orthopedic and Neurological Implants.
- Established a robust quality assurance framework for analysis outputs, minimizing errors and ensuring consistent adherence to established standards.
- Leveraged data and analytics to make informed decisions and drive business improvements.
- Managed all General Purchasing Organization contracts and direct manufacturer contracts.
- Communicated and developed relationships with internal stakeholders – Executives, Physicians and other medical staff.
- Managed three Value Analysis Teams – Surgical Services, Nursing and OPS (Orthotics, Prosthetics and Seating).
Senior Buy – Perioperative Services
Children’s Hospitals & Clinics of MN
04.2017 - 10.2018
- Championed staff development programs that promoted professional growth, teamwork, and retention within the perioperative services department.
- Initiated cost-saving measures in the procurement of surgical supplies, positively impacting the department''s budget management.
- Evaluated vendor contracts for medical supplies and negotiated favorable terms to reduce overall costs without compromising on quality or availability of essential items.
- Conducted thorough spend analysis to identify areas for potential cost savings and efficiencies.
- Collaborated with cross-functional teams to identify opportunities for cost reduction and process improvement.
- Played an instrumental role in major project launches by managing all aspects of procurement from planning to execution.
Senior Supply Chain Analyst
Twin Cities Orthopedics
12.2015 - 04.2017
- Negotiated long term contracts, within established limitations and scope of authority to obtain the most favorable business partnerships, including but not limited to quality, availability, and cost.
- Implemented process and procedure best practices by partnering with other functional leadership with the related product lines.
- Responsible for managing and sourcing several medical surgical categories.
- Recommended pricing strategies to achieve department operating goals.
- Monitored supplier performance, communicates and takes action to maintain high levels of supplier performance
- Maintained and updated supplier databases as required
Materials/Purchasing Manager
Valmont Industries – Structures Division
10.2013 - 12.2015
- Trained junior staff members on best practices in purchasing management, contributing to their professional development and growth within the organization.
- Analyzed market trends and adjusted procurement strategies accordingly for optimal results.
- Led strategic deployment team to improved plant Ship Complete On Time goal of 97%
- Optimized inventory levels by implementing demand forecasting techniques and just-in-time purchasing strategies.
- Implemented strategic sourcing initiatives, reducing overall purchasing costs.
- Led cross-functional team in executing cost reduction initiatives, resulting in significant savings on material purchases.
- Negotiated long-term contracts with critical suppliers to ensure supply chain stability.
Education
Bachelor of Arts - Business Management
Bethel University
St. Paul, MN06.2009
Skills
- Supplier management
- Market analysis
- Category management
- Contract negotiation
- Team leadership
- Strategic planning
- Analytical thinking
- Cost assessments
- Bid process management
References
Available upon request.
Timeline
Procurement Manager
Strategic Education Inc.
07.2024 - Current
Contracts & Value Analysis Manager
CentraCare
01.2024 - 07.2024
Senior Sourcing & Procurement Consultant
United Health Group-United Healthcare, And Ingenix
06.2022 - Current
Category Manager
Uponor, North America
02.2022 - 06.2022
Strategic Sourcing & Value Analysis
Gillette Children’s Specialty Healthcare
10.2018 - 02.2022
Senior Buy – Perioperative Services
Children’s Hospitals & Clinics of MN
04.2017 - 10.2018
Senior Supply Chain Analyst
Twin Cities Orthopedics
12.2015 - 04.2017
Materials/Purchasing Manager
Valmont Industries – Structures Division
10.2013 - 12.2015
Bachelor of Arts - Business Management
Bethel University
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