Deanna Rice
Aberdeen,MD
Summary
Forward-thinking and goal-oriented Senior Strategic Sourcing Manager offering 25+ years of experience developing, planning and managing procurement, strategic sourcing and category management processes and strategies of organization. Organized and meticulous professional focused on cost savings and supplier development to support pre-procurement strategy and contract negotiation. Collaborates with internal business stakeholders and sourcing to achieve business goals. Polished in drafting all types of contract documents, requests for proposals, and executive presentations. Creative and diligent individual with extensive track record of delivering optimum results.
Overview
35
35
years of professional experience
Work History
Assistant Vice President
FM Global
01.2022 - 06.2023
- Led Strategy Development, Category Management, and Procurement activities for Human Resources; Environmental, Social & Governance; Culture & Employee Experience; and Learning & Development. Led implementation / roll-out of Workday Strategic Sourcing for above areas.
- Communicated with leadership teams and meet with them to assist with implementing new administrative policy changes.
- Generated financial and operational reports to assist management with business strategy.
- Prepared and recorded meeting minutes and documented actions taken at team meetings and project meetings.
- Trained staff (procurement and stakeholder) on best practices and policies to maximize productivity.
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Demonstrated respect, friendliness and willingness to help wherever needed
- Excellent communication skills, both verbal and written
- Passionate about learning and committed to continual improvement
- Proved successful working within tight deadlines and fast-paced environment
- Organized and detail-oriented with a strong work ethic
- Adaptable and proficient in learning new concepts quickly and efficiently
- Used critical thinking to break down problems, evaluate solutions and make decisions
Category Management Sr. Manager – Wellness
Cigna Corporation
05.2021 - 01.2022
- Provided strong leadership to enhance team productivity.
- Managed large-scale enterprise wellness projects and introduced new processes to achieve challenging objectives.
- Implemented and developed operational standards, policies and procedures.
- Consolidated vendors and renegotiated contracts to optimize costs.
- Skilled at working independently and collaboratively in a team environment
- Self-motivated, with a strong sense of personal responsibility
- Proven ability to learn quickly and adapt to new situations
- Worked effectively in fast-paced environments
- Excellent communication skills, both verbal and written
Category Management Sr. Manager – Contingent Labor
Cigna Corporation
06.2019 - 05.2021
- Provided strong leadership to enhance team productivity.
- Managed large-scale projects and introduced new processes to achieve challenging objectives.
- Implemented and developed operational standards, policies and procedures.
- Developed proposals and presentations for internal and external audiences.
- Identified cost improvement changes and cost savings plans to increase company savings.
- Consolidated vendors and renegotiated contracts to optimize costs.
- Self-motivated, with a strong sense of personal responsibility
- Skilled at working independently and collaboratively in a team environment
- Worked well in a team setting, providing support and guidance
- Worked effectively in fast-paced environments
- Excellent communication skills, both verbal and written
- Proved successful working within tight deadlines and a fast-paced environment
- Organized and detail-oriented with a strong work ethic
- Used critical thinking to break down problems, evaluate solutions and make decisions
- Identified issues, analyzed information and provided solutions to problems
Category Lead – Marketing, Print, Real Estate
Cigna Corporation
07.2018 - 05.2019
- Worked with business stakeholders to help bring key revenue-driving projects and opportunities to life for the merger & acquisitions team.
- Identified new and expanded existing supplier relationships to foster new business.
- Organized meetings and facilitated timelines to drive successful completion of cost-savings acquisitions projects.
- Translated business objectives into goal-oriented projects for merger & acquisitions team.
- Prepared, drafted, and executed RFP's, benchmarking analyses, and liaised with legal and information security to maintain smooth communications.
- Lead for both Marketing, Print & Real Estate category and Human Resources, Finance and Corporate Services category.
- Negotiated contracts and pricing to create mutually beneficial contractual documents, including KPIs/SLAs.
Strategic Sourcing Manager – HR and Corp Programs
Cigna Corporation
09.2016 - 07.2018
- Analyzed spend data to identify and execute cost-savings, cost-avoidance and value analysis opportunities.
- Liaised with internal and external stakeholders to identify and leverage contract value opportunities.
- Developed requests for proposal and issued requests for quotes to support sourcing efforts.
- Streamlined portfolio, negotiated payment terms and promoted spending transparency to support cross-disciplinary goals.
- Educated HR Finance and Corporate Programs teams on procurement best practices, processes and expectations.
- Monitored labor markets and conducted market intelligence to optimize savings and run rate.
- Calculated and reported actual and projected sourcing savings by spend categories.
- Collaborated with strategic partners to develop and manage key performance indicators.
- Conducted pre-screening phone and in-person interviews for qualified candidates.
- Managed and developed relationships with suppliers to attain maximum cost efficiency and leverage buying power.
- Administered agreements by negotiating change orders, executing contract extensions and resolving administrative issues.
- Participated in Stakeholder meetings to collect and relay sourcing assignment details and assign appropriately to team members.
Strategic Sourcing Sr. Specialist – HR & Corporate Services
Cigna Corporation
03.2010 - 09.2016
- Developed and implemented strategic purchasing procedures and control systems to reduce costs.
- Monitored categories and conducted market intelligence to optimize savings and run rates.
- Liaised with internal and external stakeholders to identify and leverage contract value opportunities.
- Collaborated with strategic partners to develop and manage key performance indicators.
- Analyzed spend data to identify and execute cost-savings, cost-avoidance and value analysis opportunities.
- Administered agreements by negotiating change orders, executing contract extensions and resolving administrative issues.
- 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.
- Streamlined portfolio, negotiated payment terms and promoted spending transparency to support cross-disciplinary goals.
- Developed requests for proposal and issued requests for quotes to support sourcing efforts.
Procurement Manager
Bravo Health, Inc
09.2008 - 12.2009
- Resolved invoice and payment issues to facilitate prompt payment to suppliers.
- Developed and implemented procurement policies and procedures to enhance compliance with company standards.
- Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
- Conducted spend analysis to identify cost-saving opportunities.
- Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.
- Negotiated complex corporate procurement contracts by working closely with internal and external contacts and to confirm compliance with company policies and procedures.
- 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.
Senior Global Indirect Sourcing Specialist
Avon Products, Inc
10.2006 - 08.2008
- Conducted phone interviews to assess applicants relevant knowledge, skills, experience and aptitudes.
- Maintained documentation for all purchases.
- Accepted and processed supply requests from staff, and placed orders per procedures.
- Maintained effective and lasting vendor relationships through dynamic communication, collaboration, and intelligent questioning skills.
- Sourced and qualified bidders, obtained favorable pricing and finalized contracts.
- Developed long-term partnerships with key suppliers to improve performance across supply chain, generate greater cost efficiency and enable business to grow and develop.
- Utilized root cause analysis to address internal and external non-conformance issues and apply corrective action or intervention to prevent reoccurrence.
- Managed supply base to support corporate objectives in areas of cost, quality, delivery and customer satisfaction.
- Collaborated with finance, procurement and operations leaders on global sourcing projects.
Purchasing - Capital Equipment
Procter & Gamble
07.1997 - 09.2006
- Provided coaching and mentoring to employees.
- Trained and mentored many new personnel hired to fulfill various roles across multiple sites.
- Conducted needs assessments, benchmarking analyses, and RFPs to identify gaps within supplier roster for capital equipment needs, localized construction labor, and engineering firms.
- Developed job-specific competencies, performance standards, and job description.
- Built and maintained professional relationships with vendors and suppliers.
- Wrote contracts for capital equipment, construction labor and engineering firms.
Engineering - Plant Capital Administrator
Procter & Gamble
02.1995 - 07.1997
- Worked with users to determine areas of Capital Equipment technology (CP / CEMM) in need of improved usability.
- Managed onboarding and offboarding of employees.
- Adopted useful solutions to implement into current systems.
- Implemented corrective plans of action for network availability and latency.
- Served as subject matter expert on proposed technology purchases.
- Attended meetings to deliver status reports to key stakeholders.
- Created and updated expenditure reports in CP/CEMM.
- Implemented budgetary monitoring techniques to improve corporate spending habits.
- Utilized software to analyze and report on budget trends.
- Skilled at working independently and collaboratively in team environment.
- Self-motivated, with a strong sense of personal responsibility.
Administrative Assistant
Procter & Gamble
02.1990 - 02.1995
- Answered multi-line phone system, routing calls, delivering messages to staff and greeting visitors.
- Restocked supplies and placed purchase orders to maintain adequate stock levels.
- Executed record filing system to improve document organization and management.
- Scheduled office meetings and client appointments for staff teams.
- Created and maintained databases to track and record customer data.
- Managed phone and email correspondence and handled incoming and outgoing mail and faxes.
- Assisted coworkers and staff members with special tasks on daily basis.
- Built and maintained excellent customer relationships through timely response to inquiries and going above and beyond to accommodate unusual requests.
- Volunteered to help with special projects of varying degrees of complexity.
- Supported company leaders by managing budgets, scheduling appointments and organizing itinerary.
Rate and Code Clerk
Continental Insurance
06.1989 - 02.1990
- Monitored changes in insurance industry to stay compliant with relevant laws and regulations.
- Utilized home grown system to rate and code multiple lines of insurance policies for customer accounts prior to sending to Underwriting.
- Communicated effectively with members of operations and finance departments.
- Prepared and reviewed insurance applications to verify compliance with regulations.
- Obtained underwriting approval by completing application for coverage.
- Negotiated with insurance underwriters to obtain better coverage and improved rates for clients.
Retail - Secretary/Receptionist
Fluorescent Supply
06.1988 - 06.1989
- Greeted incoming visitors and customers professionally and provided friendly, knowledgeable assistance.
- Confirmed appointments, communicated with clients, and updated client records.
- Kept reception area clean and neat to give visitors positive first impression.
- Answered phone promptly and directed incoming calls to correct offices.
- Responded to inquiries from callers seeking information.
- Managed multiple tasks and met time-sensitive deadlines.
- Handled assignments independently with good judgement and critical thinking skills.
- Assisted internal staff with clerical and administrative needs to maximize efficiency and team productivity.
- Scheduled office meetings and client appointments for staff teams.
Education
Master of Arts - Marketing
Notre Dame of Maryland University
Baltimore, MD05.2004
Bachelor of Science - Business Management, Production Operations Management
York College of Pennsylvania
York, PA06.1999
High School Diploma -
Susquehannock High School
Glen Rock, PA06.1988
Skills
- Contract Management
- Project Oversight
- Risk and Mitigation Analysis
- Business Strategy Creation
- Policy and Procedure Development
- Expectation Management
- Business Needs Analysis
- Vendor Engagement
- Category Development
- Strategic Sourcing
- Complex Problem-Solving
- Critical Thinking
- Category Development
- Strategic Sourcing
- Complex Problem-Solving
- Critical Thinking
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
Most people think they know what they are good at. They are usually wrong...And yet, a person can perform only from strength.
Peter Drucker
Timeline
Assistant Vice President
FM Global
01.2022 - 06.2023
Category Management Sr. Manager – Wellness
Cigna Corporation
05.2021 - 01.2022
Category Management Sr. Manager – Contingent Labor
Cigna Corporation
06.2019 - 05.2021
Category Lead – Marketing, Print, Real Estate
Cigna Corporation
07.2018 - 05.2019
Strategic Sourcing Manager – HR and Corp Programs
Cigna Corporation
09.2016 - 07.2018
Strategic Sourcing Sr. Specialist – HR & Corporate Services
Cigna Corporation
03.2010 - 09.2016
Procurement Manager
Bravo Health, Inc
09.2008 - 12.2009
Senior Global Indirect Sourcing Specialist
Avon Products, Inc
10.2006 - 08.2008
Purchasing - Capital Equipment
Procter & Gamble
07.1997 - 09.2006
Engineering - Plant Capital Administrator
Procter & Gamble
02.1995 - 07.1997
Administrative Assistant
Procter & Gamble
02.1990 - 02.1995
Rate and Code Clerk
Continental Insurance
06.1989 - 02.1990
Retail - Secretary/Receptionist
Fluorescent Supply
06.1988 - 06.1989
Master of Arts - Marketing
Notre Dame of Maryland University
Bachelor of Science - Business Management, Production Operations Management
York College of Pennsylvania
High School Diploma -
Susquehannock High School
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