Summary
Overview
Work History
Education
Skills
Timeline
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Julie Colonna

Minneapolis,MN

Summary

Strategic Sourcing Specialist with solid 10-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

20
20
years of professional experience

Work History

Sourcing Manager

Fortrea Inc.
01.2023 - 06.2024
  • Led contract negotiations to secure favorable terms and conditions, reducing overall expenses.
  • Established long-term supplier relationships, fostering trust and collaboration for continuous improvement.
  • Championed change management efforts within the organization related to new procurement processes or systems implementation.
  • Maintained compliance with regulatory requirements, ensuring ethical business practices throughout the supply chain.
  • Improved working capital position by negotiating extended payment terms with key suppliers without compromising on product quality or service levels.
  • Collaborated with internal stakeholders to define business requirements and align sourcing initiatives with organizational goals.
  • Managed approximately 20 projects concurrently per month.

Sourcing Analyst

3M
06.2021 - 01.2023
  • Identifies alternative Sources of Supply (SOS) as required for price and risk mitigation strategies; drives the validation of alternatives
  • Negotiate, execute, and manage complex long-term outsourced manufacturing contracts with strategic suppliers
  • Develops, administers, and analyzes complex requests for quotes (RFP)
  • Minimizing total product and process costs by participating in cost-reduction efforts
  • Identifies problems and gaps and recommends solutions for compliance with internal procure-to-pay business rules and SOX controls.

Marketing Specialist

RTI Surgical
10.2019 - 04.2020
  • Managed all marketing assets provided to the Product Manager in the field
  • Facilitated document creation, approval, control, and printing process
  • Administered company application
  • Organized and managed marketing event planning.

Sourcing Manager

Thomson Reuters
06.2013 - 03.2018
  • Drafted, negotiated, and managed hardware, software, and managed services contracts for global data center portfolio with $75M annual spend
  • Developed and executed IT sourcing strategies, which supported business unit financial, quality and service level goals while achieving Data Center Operation objectives
  • Collaborated with cross-functional team and vendors to lead contract negotiations and large sourcing engagements including process activities such as e-sourcing, RFX and project management
  • Analyzed and summarized data center lease agreements for key terms and conditions for strategic planning
  • Reviewed and contributed to contract and tender strategies for renegotiation.

Lease Administrator

Buffalo Wild Wings
07.2012 - 06.2013
  • Administered leases for portfolio of four hundred corporate stores globally
  • Conducted annual reconciliations of landlord's year-end statements of operating expenses, insurance and real estate tax charges of accuracy and compliance with lease provisions
  • Reviewed and approved all payments to property owners
  • Resolved lease compliance, payment, defaults, and interpretation issues
  • Maintained databases for lease data and expenses for portfolio.

Assistant Real Estate Manager

Ryan Companies
12.2010 - 03.2011
  • Managed the planning, budgeting, and control of operating and capital expenditures for a portfolio of commercial retail properties
  • Developed and established annual budgets and produced monthly financial reports to leadership
  • Prepared the billing of annual operating and tax expense reconciliations
  • Managed the collection of rent, expenses, and taxes for properties
  • Resolved lease compliance and operations issues with tenants and maintenance staff.

Assistant Real Estate Manager

CBRE
02.2007 - 12.2010
  • Managed the planning, budgeting, and control of operating and capital expenditures for a portfolio of commercial industrial properties
  • Estimated and established annual budgets and provided monthly variance reports
  • Prepared and billed annual operating and tax expense reconciliations
  • Administered the collection of rent, expenses, and taxes for portfolio
  • Resolved lease compliance and operations issues with tenants and maintenance staff.

Staff Accountant II

CBRE
04.2004 - 02.2007
  • Facilitated daily accounting, budgeting, and financial reporting for a portfolio of commercial properties in private and public markets
  • Generated books monthly and prepared the financial statement package including journal entries, general and fixed asset ledger review, and completion of back up schedules
  • Administered all A/P and A/R, tenant statements, mortgage payments, tax payments, owner distributions and bank reconciliations
  • Prepared and billed annual operating and tax expense reconciliation calculations.

Education

Bachelor of Arts - Business Management

College of St. Scholastica
Duluth, MN

Skills

  • Negotiation
  • Contract Drafting
  • Contract Management
  • Supplier Relationship Management
  • Strategic Sourcing
  • Accounting
  • Property Management

Timeline

Sourcing Manager

Fortrea Inc.
01.2023 - 06.2024

Sourcing Analyst

3M
06.2021 - 01.2023

Marketing Specialist

RTI Surgical
10.2019 - 04.2020

Sourcing Manager

Thomson Reuters
06.2013 - 03.2018

Lease Administrator

Buffalo Wild Wings
07.2012 - 06.2013

Assistant Real Estate Manager

Ryan Companies
12.2010 - 03.2011

Assistant Real Estate Manager

CBRE
02.2007 - 12.2010

Staff Accountant II

CBRE
04.2004 - 02.2007

Bachelor of Arts - Business Management

College of St. Scholastica

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